Diensten Tech IPO vs Effwa Infra IPO

Comparison between Diensten Tech IPO and Effwa Infra IPO.

IPO Details

Diensten Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Effwa Infra IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Diensten Tech IPO is up to ₹20.98 Cr whereas the issue size of the Effwa Infra IPO is up to ₹48.61 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Effwa Infra IPO is ₹82.00 per share.

 Diensten Tech IPOEffwa Infra IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹78.00 per share
Issue Price (Upper)₹100.00 per share₹82.00 per share
Issue Price (Final)₹100.00 per share₹82.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size20,97,600 shares49,92,000 shares
Fresh Issue Size (Amount)up to ₹20.98 Crup to ₹40.93 Cr
OFS Issue Size0 shares9,36,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹7.68 Cr
Issue Size Total20,97,600 shares59,28,000 shares
Issue Size Total (Amount)up to ₹20.98 Crup to ₹48.61 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Effwa Infra IPO opens on Jul 05, 2024. The closing date of Diensten Tech IPO and Effwa Infra IPO is Jun 28, 2024, and Jul 09, 2024, respectively.

 Diensten Tech IPOEffwa Infra IPO
Anchor Bid DateJun 25, 2024Jul 04, 2024
Issue OpenJun 26, 2024Jul 05, 2024
Issue CloseJun 28, 2024Jul 09, 2024
Basis Of Allotment (Tentative)Jul 01, 2024Jul 10, 2024
Initiation of Refunds (Tentative)Jul 02, 2024Jul 11, 2024
Credit of Share (Tentative)Jul 02, 2024Jul 11, 2024
Listing date (Tentative)Jul 03, 2024Jul 12, 2024
Anchor Lockin End date 1Jul 31, 2024Aug 09, 2024
Anchor Lockin End date 2Sep 29, 2024Oct 08, 2024

Financials & KPIs

Diensten Tech IPO P/E ratio is 344.83, as compared to Effwa Infra IPO P/E ratio of 10.59.

 Diensten Tech IPOEffwa Infra IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets30.2015.052.043.70
Total Income26.2137.600.775.25
Profit After Tax-1.720.160.011.17
NET Worth2.534.251.40-1.12
Reserves and Surplus-3.52-1.80-1.96-1.98
Total Borrowing18.482.803.44
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets83.0364.7946.48
Total Income145.51115.41104.62
Profit After Tax13.805.134.60
NET Worth37.1523.5618.43
Reserves and Surplus19.3221.2316.10
Total Borrowing14.0616.2310.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.5099.99
Promoter Shareholding (Post-Issue)69.9772.99
P/E Ratio344.8310.59
Market Cap₹189.81 Cr.
ROE-67.50%45.46%
ROCE-20.74%40.99%
Debt/Equity7.290.38
EPS₹0.29₹7.74
RoNW-67.77%37.15%

Shares Offered

In the Diensten Tech IPO Retail Individual Investors (RII) are offered 7,34,400 shares while in Effwa Infra IPO retail investors are offered 7,34,400 shares. Qualified Institutional Buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 11,68,000 shares in Effwa Infra IPO.

 Diensten Tech IPOEffwa Infra IPO
Anchor Investor Reservation6,27,600 shares17,48,800 shares
Market Maker Reservation1,10,400 shares3,24,800 shares
QIB4,20,000 shares11,68,000 shares
NII3,15,600 shares9,20,000 shares
RII7,34,400 shares20,91,200 shares
Employee0 shares
Others
Total20,97,600 shares59,28,000 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Effwa Infra IPO subscribed 313.65x.

 Diensten Tech IPOEffwa Infra IPO
QIB (times)9.60x166.56x
NII (times)154.99x477.27x
Big NII (times)
Small NII (times)
RII (times)35.87x323.81x
Employee (times)
Other (times)
Total (times)53.94x313.65x

Compare with others

Compare:

Diensten Tech IPO Vs Effwa Infra IPO