Delta Autocorp IPO vs Fabtech Technologies IPO

Comparison between Delta Autocorp IPO and Fabtech Technologies IPO.

IPO Details

Delta Autocorp IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Fabtech Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.

	Delta Autocorp IPO	Fabtech Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	GYR Capital Advisors Pvt.Ltd.	Vivro Financial Services Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Giriraj Stock Broking Pvt.Ltd.	Rikhav Securities 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 Delta Autocorp IPO is up to ₹50.78 Cr whereas the issue size of the Fabtech Technologies IPO is up to ₹26.34 Cr. The final issue price of Delta Autocorp IPO is ₹130.00 per share and of Fabtech Technologies IPO is ₹85.00 per share.

	Delta Autocorp IPO	Fabtech Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹123.00 per share	₹80.00 per share
Issue Price (Upper)	₹130.00 per share	₹85.00 per share
Issue Price (Final)	₹130.00 per share	₹85.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	35,94,000 shares	30,99,200 shares
Fresh Issue Size (Amount)	up to ₹46.72 Cr	up to ₹26.34 Cr
OFS Issue Size	3,12,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹4.06 Cr	up to ₹0.00 Cr
Issue Size Total	39,06,000 shares	30,99,200 shares
Issue Size Total (Amount)	up to ₹50.78 Cr	up to ₹26.34 Cr

IPO Timetable

Delta Autocorp IPO opens on Jan 07, 2025, while Fabtech Technologies IPO opens on Jan 03, 2025. The closing date of Delta Autocorp IPO and Fabtech Technologies IPO is Jan 09, 2025, and Jan 07, 2025, respectively.

	Delta Autocorp IPO	Fabtech Technologies IPO
Anchor Bid Date	Jan 06, 2025	Jan 02, 2025
Issue Open	Jan 07, 2025	Jan 03, 2025
Issue Close	Jan 09, 2025	Jan 07, 2025
Basis Of Allotment (Tentative)	Jan 10, 2025	Jan 08, 2025
Initiation of Refunds (Tentative)	Jan 13, 2025	Jan 09, 2025
Credit of Share (Tentative)	Jan 13, 2025	Jan 09, 2025
Listing date (Tentative)	Jan 14, 2025	Jan 10, 2025
Anchor Lockin End date 1	Feb 08, 2025	Feb 08, 2025
Anchor Lockin End date 2	Apr 09, 2025	Apr 08, 2025

Financials & KPIs

Delta Autocorp IPO P/E ratio is 18.03, as compared to Fabtech Technologies IPO P/E ratio of 13.31.

Delta Autocorp IPO

Fabtech Technologies IPO

Financials

Delta Autocorp Limited Financial Information (Restated)

Period Ended	31 Oct 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,742.31	3,461.35	2,110.04	2,031.61
Total Income	4,527.53	8,116.73	8,055.86	5,753.41
Profit After Tax	480.81	822	513.41	420.34
Net Worth	2,270.11	3,031.91	1,141.48	688.82
Reserves and Surplus	1,129.93	1,758.47
Total Borrowing	1,120.31	1,003.3	413.6	733.57
Amount in ₹ Lakhs

Fabtech Technologies Cleanrooms Limited Financial Information (Restated Consolidated)

Fabtech Technologies Cleanrooms Limited's revenue decreased by -22% and profit after tax (PAT) dropped by -27% 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	9,438.96	8,911.75	8,057.67	8,187.62
Total Income	6,222.89	9,799.26	12,510.15	11,394.85
Profit After Tax	540.18	578.46	796.28	360.02
Net Worth	6,187.78	5,145.17	4,530.25	3,734.76
Reserves and Surplus	5,299.93	4,886.69	4,275.41	3,479.13
Total Borrowing	320.03	574.63	566.46	850.18
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.59

93.07

Promoter Shareholding (Post-Issue)

72.76

68.41

P/E Ratio

18.03

13.31

Market Cap

₹198.77 Cr.

₹104.71 Cr.

ROE

23.69%

11.96%

ROCE

19.32%

15.83%

Debt/Equity

0.49

0.11

EPS

₹7.21

₹6.39

RoNW

21.18%

11.95%

Shares Offered

In the Delta Autocorp IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Fabtech Technologies IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered 7,81,000 shares in Delta Autocorp IPO and 6,19,200 shares in Fabtech Technologies IPO.

	Delta Autocorp IPO	Fabtech Technologies IPO
Anchor Investor Reserveration	11,70,000 shares	9,28,000 shares
Market Maker Reserveration	2,94,000 shares	1,64,800 shares
QIB	7,81,000 shares	6,19,200 shares
NII	5,87,000 shares	4,65,600 shares
RII	13,68,000 shares	10,86,400 shares
Employee	0 shares	0 shares
Others
Total	39,06,000 shares	30,99,200 shares

Bids Received (Subscription)

Delta Autocorp IPO subscribed 342.10x in total, whereas Fabtech Technologies IPO subscribed 740.37x.

	Delta Autocorp IPO	Fabtech Technologies IPO
QIB (times)	178.64x	224.50x
NII (times)	624.28x	1,485.52x
Big NII (times)
Small NII (times)
RII (times)	314.33x	715.05x
Employee (times)
Other (times)
Total (times)	342.10x	740.37x

Compare with others

Delta Autocorp IPO	Fabtech Technologies IPO
Kabra Jewels IPO	B.R.Goyal Infrastructure IPO
Barflex Polyfilms IPO	Indobell Insulations IPO
Sat Kartar Shopping IPO	Delta Autocorp IPO
B.R.Goyal Infrastructure IPO	Parmeshwar Metal IPO
Indobell Insulations IPO	Davin Sons Retail IPO
Parmeshwar Metal IPO	Leo Dryfruits IPO
Davin Sons Retail IPO	Technichem Organics IPO
Fabtech Technologies IPO	Citichem India IPO
Leo Dryfruits IPO	Anya Polytech IPO
Technichem Organics IPO	Newmalayalam Steel IPO