Comparison between Dharmaj Crop Guard IPO and Elin Electronics IPO.
Dharmaj Crop Guard IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Elin Electronics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Dharmaj Crop Guard IPO is up to ₹251.09 Cr whereas the issue size of the Elin Electronics IPO is up to ₹475.00 Cr. The final issue price of Dharmaj Crop Guard IPO is ₹237.00 per share and of Elin Electronics IPO is ₹247.00 per share.
| Dharmaj Crop Guard IPO | Elin Electronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹216.00 per share | ₹234.00 per share |
| Issue Price (Upper) | ₹237.00 per share | ₹247.00 per share |
| Issue Price (Final) | ₹237.00 per share | ₹247.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 60 shares | 60 shares |
| Fresh Issue Size | 91,13,924 shares | 70,85,020 shares |
| Fresh Issue Size (Amount) | up to ₹215.95 Cr | up to ₹175.00 Cr |
| OFS Issue Size | 14,83,000 shares | 1,21,45,726 shares |
| OFS Issue Size (Amount) | up to ₹35.14 Cr | up to ₹300.00 Cr |
| Issue Size Total | 1,05,96,924 shares | 1,92,30,746 shares |
| Issue Size Total (Amount) | up to ₹251.09 Cr | up to ₹475.00 Cr |
Dharmaj Crop Guard IPO opens on Nov 28, 2022, while Elin Electronics IPO opens on Dec 20, 2022. The closing date of Dharmaj Crop Guard IPO and Elin Electronics IPO is Nov 30, 2022, and Dec 22, 2022, respectively.
| Dharmaj Crop Guard IPO | Elin Electronics IPO | |
|---|---|---|
| Anchor Bid Date | Nov 25, 2022 | Dec 19, 2022 |
| Issue Open | Nov 28, 2022 | Dec 20, 2022 |
| Issue Close | Nov 30, 2022 | Dec 22, 2022 |
| Basis Of Allotment (Tentative) | Dec 05, 2022 | Dec 27, 2022 |
| Initiation of Refunds (Tentative) | Dec 06, 2022 | Dec 28, 2022 |
| Credit of Share (Tentative) | Dec 06, 2022 | Dec 29, 2022 |
| Listing date (Tentative) | Dec 08, 2022 | Dec 30, 2022 |
| Anchor Lockin End date 1 | Jan 04, 2023 | Jan 26, 2023 |
| Anchor Lockin End date 2 | Mar 05, 2023 | Mar 27, 2023 |
Dharmaj Crop Guard IPO P/E ratio is 14.55, as compared to Elin Electronics IPO P/E ratio of 29.69.
| Dharmaj Crop Guard IPO | Elin Electronics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 53.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.64 | 32.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.55 | 29.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹801.00 Cr. | ₹1226.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.64 | 13.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.87 | 15.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.62 | ₹9.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.64 | 12.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dharmaj Crop Guard IPO Retail Individual Investors (RII) are offered 36,89,674 shares while in Elin Electronics IPO retail investors are offered 36,89,674 shares. Qualified Institutional Buyers (QIB) are offered 21,08,421 shares in Dharmaj Crop Guard IPO and 38,46,149 shares in Elin Electronics IPO.
| Dharmaj Crop Guard IPO | Elin Electronics IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,62,540 shares | 57,69,223 shares |
| Market Maker Reservation | ||
| QIB | 21,08,421 shares | 38,46,149 shares |
| NII | 15,81,289 shares | 28,84,612 shares |
| RII | 36,89,674 shares | 67,30,762 shares |
| Employee | 55,000 shares | |
| Others | ||
| Total | 1,05,96,924 shares | 1,92,30,746 shares |
Dharmaj Crop Guard IPO subscribed 35.49x in total, whereas Elin Electronics IPO subscribed 3.09x.
| Dharmaj Crop Guard IPO | Elin Electronics IPO | |
|---|---|---|
| QIB (times) | 48.21x | 4.51x |
| NII (times) | 52.29x | 3.29x |
| Big NII (times) | 52.97x | 2.99x |
| Small NII (times) | 50.93x | 3.89x |
| RII (times) | 21.53x | 2.20x |
| Employee (times) | 7.48x | |
| Other (times) | ||
| Total (times) | 35.49x | 3.09x |
