Dhanlaxmi Crop Science IPO vs Emerald Tyre Manufacturers IPO

Comparison between Dhanlaxmi Crop Science IPO and Emerald Tyre Manufacturers IPO.

IPO Details

Dhanlaxmi Crop Science IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Emerald Tyre Manufacturers IPO is a SME Bookbuilding proposed to list at NSE SME.

	Dhanlaxmi Crop Science IPO	Emerald Tyre Manufacturers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Finshore Management Services Ltd.	GYR Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Mnm Stock Broking Pvt.Ltd.	Giriraj Stock Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Dhanlaxmi Crop Science IPO is up to ₹22.61 Cr whereas the issue size of the Emerald Tyre Manufacturers IPO is up to ₹46.41 Cr. The final issue price of Dhanlaxmi Crop Science IPO is ₹55.00 per share and of Emerald Tyre Manufacturers IPO is ₹95.00 per share.

	Dhanlaxmi Crop Science IPO	Emerald Tyre Manufacturers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share	₹90.00 per share
Issue Price (Upper)	₹55.00 per share	₹95.00 per share
Issue Price (Final)	₹55.00 per share	₹95.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	41,10,000 shares	46,86,000 shares
Fresh Issue Size (Amount)	up to ₹22.61 Cr	up to ₹44.52 Cr
OFS Issue Size	0 shares	1,99,200 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹1.89 Cr
Issue Size Total	41,10,000 shares	48,85,200 shares
Issue Size Total (Amount)	up to ₹22.61 Cr	up to ₹46.41 Cr

IPO Timetable

Dhanlaxmi Crop Science IPO opens on Dec 09, 2024, while Emerald Tyre Manufacturers IPO opens on Dec 05, 2024. The closing date of Dhanlaxmi Crop Science IPO and Emerald Tyre Manufacturers IPO is Dec 11, 2024, and Dec 09, 2024, respectively.

	Dhanlaxmi Crop Science IPO	Emerald Tyre Manufacturers IPO
Anchor Bid Date	Dec 06, 2024	Dec 04, 2024
Issue Open	Dec 09, 2024	Dec 05, 2024
Issue Close	Dec 11, 2024	Dec 09, 2024
Basis Of Allotment (Tentative)	Dec 12, 2024	Dec 10, 2024
Initiation of Refunds (Tentative)	Dec 13, 2024	Dec 10, 2024
Credit of Share (Tentative)	Dec 13, 2024	Dec 11, 2024
Listing date (Tentative)	Dec 16, 2024	Dec 12, 2024
Anchor Lockin End date 1	Jan 11, 2025	Jan 09, 2025
Anchor Lockin End date 2	Mar 12, 2025	Mar 10, 2025

Financials & KPIs

Dhanlaxmi Crop Science IPO P/E ratio is 14.18, as compared to Emerald Tyre Manufacturers IPO P/E ratio of 11.25.

Dhanlaxmi Crop Science IPO

Emerald Tyre Manufacturers IPO

Financials

Dhanlaxmi Crop Science Ltd Financial Information (Restated)

Dhanlaxmi Crop Science Ltd's revenue increased by 37% and profit after tax (PAT) rose by 55% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	5,137.91	3,496.15	2,002.73	2,086.33
Total Income	11,996.26	6,375.08	4,664.17	3,543.08
Profit After Tax	820.81	465.36	299.55	58.28
Net Worth	2,432.3	1,612.07	1,139.63	617.26
Reserves and Surplus	1,232.3	712.07	739.63	439.76
Total Borrowing	768.61	104.24	258.32	913.16
Amount in ₹ Lakhs

Emerald Tyre Manufacturers Limited Financial Information (Restated Consolidated)

Emerald Tyre Manufacturers Limited's revenue increased by 2.37% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Jul 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	18,190.29	17,393.60	14,976.86	13,556.09
Total Income	6,492.75	17,196.84	16,798.10	13,469.67
Profit After Tax	413.64	1,214.32	892.85	484.62
Net Worth	5,813.80	5,397.59	3,698.84	2,897.44
Reserves and Surplus	4,364.75	3,948.54	3,042.79	2,241.39
Total Borrowing	8,750.18	8,718.28	8,466.40	7,504.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

76.70

67.62

Promoter Shareholding (Post-Issue)

56.37

P/E Ratio

14.18

11.25

Market Cap

₹89.80 Cr.

₹185.03 Cr.

ROE

33.82%

ROCE

39.07%

15.84%

Debt/Equity

0.06

1.61

EPS

₹3.88

₹8.44

RoNW

28.87%

22.63%

Shares Offered

In the Dhanlaxmi Crop Science IPO Retail Individual Investors (RII) are offered 15,22,000 shares while in Emerald Tyre Manufacturers IPO retail investors are offered 15,22,000 shares. Qualified Institutional Buyers (QIB) are offered 7,72,000 shares in Dhanlaxmi Crop Science IPO and 9,76,800 shares in Emerald Tyre Manufacturers IPO.

	Dhanlaxmi Crop Science IPO	Emerald Tyre Manufacturers IPO
Anchor Investor Reserveration	11,58,000 shares	14,64,000 shares
Market Maker Reserveration	2,18,000 shares	3,00,000 shares
QIB	7,72,000 shares	9,76,800 shares
NII	6,58,000 shares	7,33,200 shares
RII	15,22,000 shares	17,11,200 shares
Employee
Others
Total	41,10,000 shares	48,85,200 shares

Bids Received (Subscription)

Dhanlaxmi Crop Science IPO subscribed 555.83x in total, whereas Emerald Tyre Manufacturers IPO subscribed 530.59x.

	Dhanlaxmi Crop Science IPO	Emerald Tyre Manufacturers IPO
QIB (times)	197.65x	195.95x
NII (times)	1,241.27x	912.18x
Big NII (times)
Small NII (times)
RII (times)	441.18x	558.11x
Employee (times)
Other (times)
Total (times)	555.83x	530.59x

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