Comparison between DCX Systems IPO and Harsha Engineers IPO.
DCX Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Harsha Engineers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of DCX Systems IPO is up to ₹500.00 Cr whereas the issue size of the Harsha Engineers IPO is up to ₹755.00 Cr. The final issue price of DCX Systems IPO is ₹207.00 per share and of Harsha Engineers IPO is ₹330.00 per share.
| DCX Systems IPO | Harsha Engineers IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹197.00 per share | ₹314.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹330.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹330.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹31.00 per share | |
| Market Lot Size | 72 shares | 45 shares |
| Fresh Issue Size | 1,93,23,671 shares | 1,37,95,695 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹455.10 Cr |
| OFS Issue Size | 48,30,916 shares | 90,90,900 shares |
| OFS Issue Size (Amount) | up to ₹100.00 Cr | up to ₹299.90 Cr |
| Issue Size Total | 2,41,54,587 shares | 2,28,86,595 shares |
| Issue Size Total (Amount) | up to ₹500.00 Cr | up to ₹755.00 Cr |
DCX Systems IPO opens on Oct 31, 2022, while Harsha Engineers IPO opens on Sep 14, 2022. The closing date of DCX Systems IPO and Harsha Engineers IPO is Nov 02, 2022, and Sep 16, 2022, respectively.
| DCX Systems IPO | Harsha Engineers IPO | |
|---|---|---|
| Anchor Bid Date | Oct 28, 2022 | Sep 13, 2022 |
| Issue Open | Oct 31, 2022 | Sep 14, 2022 |
| Issue Close | Nov 02, 2022 | Sep 16, 2022 |
| Basis Of Allotment (Tentative) | Nov 07, 2022 | Sep 21, 2022 |
| Initiation of Refunds (Tentative) | Nov 09, 2022 | Sep 22, 2022 |
| Credit of Share (Tentative) | Nov 10, 2022 | Sep 23, 2022 |
| Listing date (Tentative) | Nov 11, 2022 | Sep 26, 2022 |
| Anchor Lockin End date 1 | Dec 07, 2022 | Oct 21, 2022 |
| Anchor Lockin End date 2 | Feb 05, 2023 | Dec 20, 2022 |
DCX Systems IPO P/E ratio is 90, as compared to Harsha Engineers IPO P/E ratio of 32.67.
| DCX Systems IPO | Harsha Engineers IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.20 | 99.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.58 | 74.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 90 | 32.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2002.18 Cr. | ₹3004.20 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 55.8 | 17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.15 | 23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.27 | 0.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.19 | ₹16.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 55.79 | 17.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the DCX Systems IPO Retail Individual Investors (RII) are offered 24,15,458 shares while in Harsha Engineers IPO retail investors are offered 24,15,458 shares. Qualified Institutional Buyers (QIB) are offered 72,46,377 shares in DCX Systems IPO and 45,60,615 shares in Harsha Engineers IPO.
| DCX Systems IPO | Harsha Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,08,69,564 shares | 68,40,855 shares |
| Market Maker Reservation | ||
| QIB | 72,46,377 shares | 45,60,615 shares |
| NII | 36,23,188 shares | 34,20,450 shares |
| RII | 24,15,458 shares | 79,81,065 shares |
| Employee | 83,610 shares | |
| Others | ||
| Total | 2,41,54,587 shares | 2,28,86,595 shares |
DCX Systems IPO subscribed 69.79x in total, whereas Harsha Engineers IPO subscribed 74.70x.
| DCX Systems IPO | Harsha Engineers IPO | |
|---|---|---|
| QIB (times) | 84.32x | 178.26x |
| NII (times) | 43.97x | 71.32x |
| Big NII (times) | 45.44x | 74.78x |
| Small NII (times) | 41.05x | 64.41x |
| RII (times) | 61.77x | 17.63x |
| Employee (times) | 12.07x | |
| Other (times) | ||
| Total (times) | 69.79x | 74.70x |
