DelaPlex IPO vs Fonebox Retail IPO

Comparison between DelaPlex IPO and Fonebox Retail IPO.

IPO Details

DelaPlex IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Fonebox Retail IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of DelaPlex IPO is up to ₹43.73 Cr whereas the issue size of the Fonebox Retail IPO is up to ₹19.35 Cr. The final issue price of DelaPlex IPO is ₹192.00 per share and of Fonebox Retail IPO is ₹70.00 per share.

 DelaPlex IPOFonebox Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹186.00 per share₹66.00 per share
Issue Price (Upper)₹192.00 per share₹70.00 per share
Issue Price (Final)₹192.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares2000 shares
Fresh Issue Size16,77,600 shares27,64,000 shares
Fresh Issue Size (Amount)up to ₹32.21 Crup to ₹19.35 Cr
OFS Issue Size6,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹11.52 Crup to ₹0.00 Cr
Issue Size Total22,77,600 shares27,64,000 shares
Issue Size Total (Amount)up to ₹43.73 Crup to ₹19.35 Cr

IPO Timetable

DelaPlex IPO opens on Jan 25, 2024, while Fonebox Retail IPO opens on Jan 25, 2024. The closing date of DelaPlex IPO and Fonebox Retail IPO is Jan 30, 2024, and Jan 30, 2024, respectively.

 DelaPlex IPOFonebox Retail IPO
Anchor Bid DateJan 24, 2024Jan 24, 2024
Issue OpenJan 25, 2024Jan 25, 2024
Issue CloseJan 30, 2024Jan 30, 2024
Basis Of Allotment (Tentative)Jan 31, 2024Jan 31, 2024
Initiation of Refunds (Tentative)Jan 31, 2024Feb 01, 2024
Credit of Share (Tentative)Feb 01, 2024Feb 01, 2024
Listing date (Tentative)Feb 02, 2024Feb 02, 2024
Anchor Lockin End date 1Mar 01, 2024Mar 01, 2024
Anchor Lockin End date 2Apr 30, 2024Apr 30, 2024

Financials & KPIs

DelaPlex IPO P/E ratio is 17.75, as compared to Fonebox Retail IPO P/E ratio of 32.18.

 DelaPlex IPOFonebox Retail IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets31.8526.3817.9111.01
Total Income28.1455.2250.3436.33
Profit After Tax4.267.916.124.04
NET Worth27.7623.5015.599.47
Reserves and Surplus27.7523.4915.589.46
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.4238.6121.110.71
Total Income140.23196.2690.920.10
Profit After Tax1.551.600.13-0.02
NET Worth9.172.100.600.12
Reserves and Surplus1.901.700.10-0.02
Total Borrowing5.0710.585.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100.00
Promoter Shareholding (Post-Issue)73.6671.64
P/E Ratio17.7532.18
Market Cap₹174.91 Cr.₹71.82 Cr.
ROE40.45%118.20%
ROCE56.73%34.55%
Debt/Equity5.03
EPS₹10.82₹2.17
RoNW56.73%76.15%

Shares Offered

In the DelaPlex IPO Retail Individual Investors (RII) are offered 7,97,400 shares while in Fonebox Retail IPO retail investors are offered 7,97,400 shares. Qualified Institutional Buyers (QIB) are offered 4,55,400 shares in DelaPlex IPO and 5,52,000 shares in Fonebox Retail IPO.

 DelaPlex IPOFonebox Retail IPO
Anchor Investor Reservation6,82,800 shares8,26,000 shares
Market Maker Reservation1,22,400 shares1,46,000 shares
QIB4,55,400 shares5,52,000 shares
NII3,42,000 shares4,16,000 shares
RII7,97,400 shares9,70,000 shares
Employee
Others
Total22,77,600 shares27,64,000 shares

Bids Received (Subscription)

DelaPlex IPO subscribed 177.80x in total, whereas Fonebox Retail IPO subscribed 659.42x.

 DelaPlex IPOFonebox Retail IPO
QIB (times)90.91x138.69x
NII (times)335.23x819.99x
Big NII (times)
Small NII (times)
RII (times)159.91x886.32x
Employee (times)
Other (times)
Total (times)177.80x659.42x

Compare with others

Compare:

DelaPlex IPO Vs Fonebox Retail IPO