Comparison between Durlax Top Surface IPO and GEM Enviro Management IPO.
Durlax Top Surface IPO is a SME Bookbuilding IPO proposed to list at NSE SME while GEM Enviro Management IPO is a SME Bookbuilding proposed to list at BSE SME.
| Durlax Top Surface IPO | GEM Enviro Management IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Fintellectual Corporate Advisors Pvt.Ltd. Share India Capital Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Globalworth Securities Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Durlax Top Surface IPO is up to ₹38.76 Cr whereas the issue size of the GEM Enviro Management IPO is up to ₹42.36 Cr. The final issue price of Durlax Top Surface IPO is ₹68.00 per share and of GEM Enviro Management IPO is ₹75.00 per share.
| Durlax Top Surface IPO | GEM Enviro Management IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹65.00 per share | ₹71.00 per share |
| Issue Price (Upper) | ₹68.00 per share | ₹75.00 per share |
| Issue Price (Final) | ₹68.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 39,00,000 shares | 11,55,200 shares |
| Fresh Issue Size (Amount) | up to ₹26.52 Cr | up to ₹8.66 Cr |
| OFS Issue Size | 18,00,000 shares | 44,92,800 shares |
| OFS Issue Size (Amount) | up to ₹12.24 Cr | up to ₹33.70 Cr |
| Issue Size Total | 57,00,000 shares | 56,48,000 shares |
| Issue Size Total (Amount) | up to ₹38.76 Cr | up to ₹42.36 Cr |
Durlax Top Surface IPO opens on Jun 19, 2024, while GEM Enviro Management IPO opens on Jun 19, 2024. The closing date of Durlax Top Surface IPO and GEM Enviro Management IPO is Jun 21, 2024, and Jun 21, 2024, respectively.
| Durlax Top Surface IPO | GEM Enviro Management IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jun 18, 2024 |
| Issue Open | Jun 19, 2024 | Jun 19, 2024 |
| Issue Close | Jun 21, 2024 | Jun 21, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jun 24, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jun 25, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jun 25, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jun 26, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Jul 24, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Sep 22, 2024 |
Durlax Top Surface IPO P/E ratio is 16.73, as compared to GEM Enviro Management IPO P/E ratio of 15.76.
| Durlax Top Surface IPO | GEM Enviro Management IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.44 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.35 | 73.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.73 | 15.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹113.07 Cr. | ₹169.13 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.20% | 30.48% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.20% | 36.55% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹4.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.12% | 30.48% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Durlax Top Surface IPO Retail Individual Investors (RII) are offered 20,00,000 shares while in GEM Enviro Management IPO retail investors are offered 20,00,000 shares. Qualified Institutional Buyers (QIB) are offered 22,52,000 shares in Durlax Top Surface IPO and 11,29,600 shares in GEM Enviro Management IPO.
| Durlax Top Surface IPO | GEM Enviro Management IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,92,000 shares | 16,92,800 shares |
| Market Maker Reservation | 3,00,000 shares | 3,42,400 shares |
| QIB | 22,52,000 shares | 11,29,600 shares |
| NII | 8,56,000 shares | 8,48,000 shares |
| RII | 20,00,000 shares | 19,77,600 shares |
| Employee | ||
| Others | ||
| Total | 57,00,000 shares | 56,48,000 shares |
Durlax Top Surface IPO subscribed 166.79x in total, whereas GEM Enviro Management IPO subscribed 265.13x.
| Durlax Top Surface IPO | GEM Enviro Management IPO | |
|---|---|---|
| QIB (times) | 48.29x | 160.22x |
| NII (times) | 415.06x | 462.89x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 193.95x | 240.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 166.79x | 265.13x |
