Dindigul Farm Product IPO vs GEM Enviro Management IPO

Comparison between Dindigul Farm Product IPO and GEM Enviro Management IPO.

IPO Details

Dindigul Farm Product IPO is a SME Bookbuilding IPO proposed to list at BSE SME while GEM Enviro Management IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dindigul Farm Product IPO is up to ₹33.07 Cr whereas the issue size of the GEM Enviro Management IPO is up to ₹42.36 Cr. The final issue price of Dindigul Farm Product IPO is ₹54.00 per share and of GEM Enviro Management IPO is ₹75.00 per share.

 Dindigul Farm Product IPOGEM Enviro Management IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹51.00 per share₹71.00 per share
Issue Price (Upper)₹54.00 per share₹75.00 per share
Issue Price (Final)₹54.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size61,24,000 shares11,55,200 shares
Fresh Issue Size (Amount)up to ₹33.07 Crup to ₹8.66 Cr
OFS Issue Size0 shares44,92,800 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹33.70 Cr
Issue Size Total61,24,000 shares56,48,000 shares
Issue Size Total (Amount)up to ₹33.07 Crup to ₹42.36 Cr

IPO Timetable

Dindigul Farm Product IPO opens on Jun 20, 2024, while GEM Enviro Management IPO opens on Jun 19, 2024. The closing date of Dindigul Farm Product IPO and GEM Enviro Management IPO is Jun 24, 2024, and Jun 21, 2024, respectively.

 Dindigul Farm Product IPOGEM Enviro Management IPO
Anchor Bid DateJun 19, 2024Jun 18, 2024
Issue OpenJun 20, 2024Jun 19, 2024
Issue CloseJun 24, 2024Jun 21, 2024
Basis Of Allotment (Tentative)Jun 25, 2024Jun 24, 2024
Initiation of Refunds (Tentative)Jun 26, 2024Jun 25, 2024
Credit of Share (Tentative)Jun 26, 2024Jun 25, 2024
Listing date (Tentative)Jun 27, 2024Jun 26, 2024
Anchor Lockin End date 1Jul 25, 2024Jul 24, 2024
Anchor Lockin End date 2Sep 23, 2024Sep 22, 2024

Financials & KPIs

Dindigul Farm Product IPO P/E ratio is 18.47, as compared to GEM Enviro Management IPO P/E ratio of 15.76.

 Dindigul Farm Product IPOGEM Enviro Management IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets51.2329.0029.9529.95
Total Income68.7781.9928.4518.41
Profit After Tax5.885.26-4.20-4.61
NET Worth3.94-16.38-21.63-17.43
Total Borrowing22.6423.9825.7927.16
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets39.9535.7526.8518.96
Total Income26.3942.8132.9125.61
Profit After Tax8.4010.027.455.83
NET Worth31.0324.1217.1410.15
Reserves and Surplus20.5123.8116.789.79
Total Borrowing0.020.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80.66100.00
Promoter Shareholding (Post-Issue)59.3673.44
P/E Ratio18.4715.76
Market Cap₹131.92 Cr.₹169.13 Cr.
ROE-9530.48%
ROCE6236.55%
Debt/Equity4.63
EPS₹2.92₹4.76
RoNW149.3630.48%

Shares Offered

In the Dindigul Farm Product IPO Retail Individual Investors (RII) are offered 21,44,000 shares while in GEM Enviro Management IPO retail investors are offered 21,44,000 shares. Qualified Institutional Buyers (QIB) are offered 12,26,000 shares in Dindigul Farm Product IPO and 11,29,600 shares in GEM Enviro Management IPO.

 Dindigul Farm Product IPOGEM Enviro Management IPO
Anchor Investor Reservation18,34,000 shares16,92,800 shares
Market Maker Reservation3,26,000 shares3,42,400 shares
QIB12,26,000 shares11,29,600 shares
NII9,20,000 shares8,48,000 shares
RII21,44,000 shares19,77,600 shares
Employee
Others
Total61,24,000 shares56,48,000 shares

Bids Received (Subscription)

Dindigul Farm Product IPO subscribed 202.35x in total, whereas GEM Enviro Management IPO subscribed 265.13x.

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