Durgadevi Raiment IPO vs GRE Renew Enertech IPO

Comparison between Durgadevi Raiment IPO and GRE Renew Enertech IPO.

IPO Details

Durgadevi Raiment IPO is a SME Bookbuilding IPO proposed to list at BSE SME while GRE Renew Enertech IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Durgadevi Raiment IPO is up to ₹12.00 Cr whereas the issue size of the GRE Renew Enertech IPO is up to ₹37.55 Cr. The final issue price of Durgadevi Raiment IPO is ₹40.00 per share and of GRE Renew Enertech IPO is ₹105.00 per share.

 Durgadevi Raiment IPOGRE Renew Enertech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹105.00 per share
Issue Price (Final)₹40.00 per share₹105.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size15,00,000 shares35,76,000 shares
Fresh Issue Size (Amount)up to ₹6.00 Crup to ₹37.55 Cr
OFS Issue Size15,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.00 Crup to ₹0.00 Cr
Issue Size Total30,00,000 shares35,76,000 shares
Issue Size Total (Amount)up to ₹12.00 Crup to ₹37.55 Cr

IPO Timetable

Durgadevi Raiment IPO opens on , while GRE Renew Enertech IPO opens on Jan 13, 2026. The closing date of Durgadevi Raiment IPO and GRE Renew Enertech IPO is , and Jan 16, 2026, respectively.

Financials & KPIs

Durgadevi Raiment IPO P/E ratio is 31.61, as compared to GRE Renew Enertech IPO P/E ratio of 15.72.

 Durgadevi Raiment IPOGRE Renew Enertech IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets15.9810.348.09
Total Income25.7914.047.73
Profit After Tax0.790.350.17
NET Worth6.525.735.38
Reserves and Surplus1.320.530.18
Total Borrowing3.192.080.86
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets42.7745.4649.1251.65
Total Income43.9884.3792.1553.11
Profit After Tax4.007.039.910.89
EBITDA5.729.4811.481.31
NET Worth35.2231.2321.0311.14
Reserves and Surplus24.7020.7119.789.89
Total Borrowing1.451.594.574.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)48.0895.06
Promoter Shareholding (Post-Issue)38.7669.99
P/E Ratio31.6115.72
Market Cap₹30.96 Cr.₹150.02 Cr.
ROE12.1126.89
ROCE8.1329.60
Debt/Equity0.05
EPS₹1.27₹6.68
RoNW12.1126.89

Shares Offered

In the Durgadevi Raiment IPO Retail Individual Investors (RII) are offered while in GRE Renew Enertech IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Durgadevi Raiment IPO and 7,14,000 shares in GRE Renew Enertech IPO.

 Durgadevi Raiment IPOGRE Renew Enertech IPO
Anchor Investor Reservation10,62,000 shares
Market Maker Reservation1,50,000 shares1,92,000 shares
QIB7,14,000 shares
NII5,40,000 shares
RII12,60,000 shares
Employee0 shares
Others
Total35,76,000 shares

Bids Received (Subscription)

Durgadevi Raiment IPO subscribed in total, whereas GRE Renew Enertech IPO subscribed 16.53x.

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