Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Dindigul Farm Product IPO vs Medicamen Organics IPO

Comparison between Dindigul Farm Product IPO and Medicamen Organics IPO.

IPO Details

Dindigul Farm Product IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Medicamen Organics IPO is a SME Bookbuilding proposed to list at NSE SME.

 Dindigul Farm Product IPOMedicamen Organics IPO
LogoDindigul Farm Product IPO LogoMedicamen Organics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Market MakerSpread X Securities Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Medicamen Organics IPO is up to ₹9.96 Cr. The final issue price of Dindigul Farm Product IPO is ₹54.00 per share and of Medicamen Organics IPO is ₹34.00 per share.

 Dindigul Farm Product IPOMedicamen Organics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹32.00 per share
Issue Price (Upper)₹54.00 per share₹34.00 per share
Issue Price (Final)₹54.00 per share₹34.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size61,24,000 shares29,28,000 shares
Fresh Issue Size (Amount)up to ₹33.07 Crup to ₹9.96 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,24,000 shares29,28,000 shares
Issue Size Total (Amount)up to ₹33.07 Crup to ₹9.96 Cr

IPO Timetable

Dindigul Farm Product IPO opens on Jun 20, 2024, while Medicamen Organics IPO opens on Jun 21, 2024. The closing date of Dindigul Farm Product IPO and Medicamen Organics IPO is Jun 24, 2024, and Jun 25, 2024, respectively.

 Dindigul Farm Product IPOMedicamen Organics IPO
Anchor Bid DateJun 19, 2024Jun 20, 2024
Issue OpenJun 20, 2024Jun 21, 2024
Issue CloseJun 24, 2024Jun 25, 2024
Basis Of Allotment (Tentative)Jun 25, 2024Jun 26, 2024
Initiation of Refunds (Tentative)Jun 26, 2024Jun 27, 2024
Credit of Share (Tentative)Jun 26, 2024Jun 27, 2024
Listing date (Tentative)Jun 27, 2024Jun 28, 2024
Anchor Lockin End date 1Jul 25, 2024Jul 26, 2024
Anchor Lockin End date 2Sep 23, 2024Sep 24, 2024

Financials & KPIs

Dindigul Farm Product IPO P/E ratio is 18.47, as compared to Medicamen Organics IPO P/E ratio of 30.53.

 Dindigul Farm Product IPOMedicamen Organics IPO
Financials

Dindigul Farm Product Limited Financial Information (Restated)

Dindigul Farm Product Limited's revenue increased by 188.19% and profit after tax (PAT) rose by 225.16% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,123.462,899.842,995.072,995.07
Total Income6,876.658,199.342,845.071,840.72
Profit After Tax588.40525.79-420.08-461.19
Net Worth393.94-1,638.46-2,162.72-1,742.64
Total Borrowing2,263.872,398.372,579.252,716.23
Amount in ₹ Lakhs

Medicamen Organics Limited Financial Information (Restated)

Medicamen Organics Limited's revenue increased by 10.13% and profit after tax (PAT) rose by 151% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets3,858.073,211.982,707.212,634.37
Total Income2,528.962,296.242,118.672,505.96
Profit After Tax240.4195.789.2329.81
Net Worth1,518.40851.71755.92746.72
Reserves and Surplus658.40251.71155.92146.72
Total Borrowing1,265.651,179.501,024.57958.97
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)80.6681.21
Promoter Shareholding (Post-Issue)59.36
P/E Ratio18.4730.53
Market Cap₹131.92 Cr.₹39.78 Cr.
ROE-0.95%19.90%
ROCE0.62%14.50%
Debt/Equity4.630.83
EPS₹2.92₹1.11
RoNW149.49%15.83

Shares Offered

In the Dindigul Farm Product IPO Retail Individual Investors (RII) are offered 21,44,000 shares while in Medicamen Organics 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 5,84,000 shares in Medicamen Organics IPO.

 Dindigul Farm Product IPOMedicamen Organics IPO
Anchor Investor Reserveration18,34,000 shares8,76,000 shares
Market Maker Reserveration3,26,000 shares1,72,000 shares
QIB12,26,000 shares5,84,000 shares
NII9,20,000 shares4,40,000 shares
RII21,44,000 shares10,28,000 shares
Employee
Others
Total61,24,000 shares29,28,000 shares

Bids Received (Subscription)

Dindigul Farm Product IPO subscribed 202.35x in total, whereas Medicamen Organics IPO subscribed 993.56x.

 Dindigul Farm Product IPOMedicamen Organics IPO
QIB (times)145.62x173.03x
NII (times)280.06x1,343.83x
Big NII (times)
Small NII (times)
RII (times)201.44x1,309.77x
Employee (times)
Other (times)
Total (times)202.35x993.56x