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.

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

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 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets81.6853.6815.601.07
Total Income115.530.640.02
Profit After Tax8.670.140.02-0.00
NET Worth13.569.946.820.00
Reserves and Surplus1.88
Total Borrowing47.5138.217.731.07
Amount in ₹ Crore
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-9572.76%
ROCE6226.95%
Debt/Equity4.633.42
EPS₹2.92₹7.22
RoNW149.3663.89%

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 Reservation18,34,000 shares
Market Maker Reservation3,26,000 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.

Compare with others

Compare:

Dindigul Farm Product IPO Vs United Cotfab IPO