Diensten Tech IPO vs Ganesh Green Bharat IPO

Comparison between Diensten Tech IPO and Ganesh Green Bharat IPO.

IPO Details

Diensten Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ganesh Green Bharat IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Diensten Tech IPO is up to ₹20.98 Cr whereas the issue size of the Ganesh Green Bharat IPO is up to ₹118.94 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Ganesh Green Bharat IPO is ₹190.00 per share.

 Diensten Tech IPOGanesh Green Bharat IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹181.00 per share
Issue Price (Upper)₹100.00 per share₹190.00 per share
Issue Price (Final)₹100.00 per share₹190.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares600 shares
Fresh Issue Size20,97,600 shares62,59,800 shares
Fresh Issue Size (Amount)up to ₹20.98 Crup to ₹118.94 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,97,600 shares62,59,800 shares
Issue Size Total (Amount)up to ₹20.98 Crup to ₹118.94 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Ganesh Green Bharat IPO opens on Jul 05, 2024. The closing date of Diensten Tech IPO and Ganesh Green Bharat IPO is Jun 28, 2024, and Jul 09, 2024, respectively.

 Diensten Tech IPOGanesh Green Bharat IPO
Anchor Bid DateJun 25, 2024Jul 04, 2024
Issue OpenJun 26, 2024Jul 05, 2024
Issue CloseJun 28, 2024Jul 09, 2024
Basis Of Allotment (Tentative)Jul 01, 2024Jul 10, 2024
Initiation of Refunds (Tentative)Jul 02, 2024Jul 11, 2024
Credit of Share (Tentative)Jul 02, 2024Jul 11, 2024
Listing date (Tentative)Jul 03, 2024Jul 12, 2024
Anchor Lockin End date 1Jul 31, 2024Aug 09, 2024
Anchor Lockin End date 2Sep 29, 2024Oct 08, 2024

Financials & KPIs

Diensten Tech IPO P/E ratio is 344.83, as compared to Ganesh Green Bharat IPO P/E ratio of 15.85.

 Diensten Tech IPOGanesh Green Bharat IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets30.2015.052.043.70
Total Income26.2137.600.775.25
Profit After Tax-1.720.160.011.17
NET Worth2.534.251.40-1.12
Reserves and Surplus-3.52-1.80-1.96-1.98
Total Borrowing18.482.803.44
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets150.3087.8688.36
Total Income171.9690.60106.12
Profit After Tax21.838.165.21
NET Worth57.2827.0727.07
Reserves and Surplus39.0734.0325.87
Total Borrowing53.7027.3922.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.50100
Promoter Shareholding (Post-Issue)69.9773.42
P/E Ratio344.8315.85
Market Cap₹509.22 Cr.
ROE-67.50%46.42%
ROCE-20.74%29.98%
Debt/Equity7.290.94
EPS₹0.29₹11.99
RoNW-67.77%34.72%

Shares Offered

In the Diensten Tech IPO Retail Individual Investors (RII) are offered 7,34,400 shares while in Ganesh Green Bharat IPO retail investors are offered 7,34,400 shares. Qualified Institutional Buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 12,38,400 shares in Ganesh Green Bharat IPO.

 Diensten Tech IPOGanesh Green Bharat IPO
Anchor Investor Reservation6,27,600 shares18,57,600 shares
Market Maker Reservation1,10,400 shares3,31,200 shares
QIB4,20,000 shares12,38,400 shares
NII3,15,600 shares9,29,400 shares
RII7,34,400 shares21,68,400 shares
Employee0 shares66,000 shares
Others
Total20,97,600 shares62,59,800 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Ganesh Green Bharat IPO subscribed 229.92x.

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Diensten Tech IPO Vs Ganesh Green Bharat IPO