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Dindigul Farm Product IPO vs United Cotfab IPO

Comparison between Dindigul Farm Product IPO and United Cotfab IPO.

IPO Details

Dindigul Farm Product IPO is a SME Fixed Price IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.

 Dindigul Farm Product IPOUnited Cotfab IPO
LogoDindigul Farm Product IPO LogoUnited Cotfab IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor 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 United Cotfab IPO is up to ₹34.47 Cr. The final issue price of Dindigul Farm Product IPO is ₹54.00 per share and of United Cotfab IPO is ₹70.00 per share.

 Dindigul Farm Product IPOUnited Cotfab IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹54.00 per share
Issue Price (Final)₹54.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size61,24,000 shares49,24,000 shares
Fresh Issue Size (Amount)up to ₹33.07 Crup to ₹34.47 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,24,000 shares49,24,000 shares
Issue Size Total (Amount)up to ₹33.07 Crup to ₹34.47 Cr

IPO Timetable

Dindigul Farm Product IPO opens on Jun 20, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of Dindigul Farm Product IPO and United Cotfab IPO is Jun 24, 2024, and Jun 19, 2024, respectively.

 Dindigul Farm Product IPOUnited Cotfab IPO
Anchor Bid DateJun 19, 2024
Issue OpenJun 20, 2024Jun 13, 2024
Issue CloseJun 24, 2024Jun 19, 2024
Basis Of Allotment (Tentative)Jun 25, 2024Jun 20, 2024
Initiation of Refunds (Tentative)Jun 26, 2024Jun 21, 2024
Credit of Share (Tentative)Jun 26, 2024Jun 21, 2024
Listing date (Tentative)Jun 27, 2024Jun 24, 2024
Anchor Lockin End date 1Jul 25, 2024
Anchor Lockin End date 2Sep 23, 2024

Financials & KPIs

Dindigul Farm Product IPO P/E ratio is 18.47, as compared to United Cotfab IPO P/E ratio of 9.7.

 Dindigul Farm Product IPOUnited Cotfab 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

United Cotfab Limited Financial Information (Restated)

United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets8,168.465,367.711,559.95107.10
Total Income11,552.7464.021.88
Profit After Tax866.6513.931.60-0.11
Net Worth1,356.42993.56681.970.22
Reserves and Surplus188.10
Total Borrowing4,750.933,821.18773.47106.50
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)80.66100.00
Promoter Shareholding (Post-Issue)59.3669.84
P/E Ratio18.479.7
Market Cap₹131.92 Cr.₹120.33 Cr.
ROE-0.95%72.76%
ROCE0.62%26.95%
Debt/Equity4.633.42
EPS₹2.92₹7.22
RoNW149.49%63.89%

Shares Offered

In the Dindigul Farm Product IPO Retail Individual Investors (RII) are offered 21,44,000 shares while in United Cotfab 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 in United Cotfab IPO.

 Dindigul Farm Product IPOUnited Cotfab IPO
Anchor Investor Reserveration18,34,000 shares
Market Maker Reserveration3,26,000 shares2,60,000 shares
QIB12,26,000 shares
NII9,20,000 shares24,62,000 shares
RII21,44,000 shares24,62,000 shares
Employee
Others
Total61,24,000 shares49,24,000 shares

Bids Received (Subscription)

Dindigul Farm Product IPO subscribed 202.35x in total, whereas United Cotfab IPO subscribed 107.16x.

 Dindigul Farm Product IPOUnited Cotfab IPO
QIB (times)145.62x
NII (times)280.06x114.71x
Big NII (times)
Small NII (times)
RII (times)201.44x77.22x
Employee (times)
Other (times)
Total (times)202.35x107.16x