DRA Consultants IPO vs India Green Reality IPO

Comparison between DRA Consultants IPO and India Green Reality IPO.

IPO Details

DRA Consultants IPO is a SME Fixed Price IPO proposed to list at BSE SME while India Green Reality IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of DRA Consultants IPO is up to ₹2.80 Cr whereas the issue size of the India Green Reality IPO is up to ₹9.84 Cr. The final issue price of DRA Consultants IPO is ₹10.00 per share and of India Green Reality IPO is ₹30.00 per share.

 DRA Consultants IPOIndia Green Reality IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares4000 shares
Fresh Issue Size28,00,000 shares32,80,000 shares
Fresh Issue Size (Amount)up to ₹2.80 Crup to ₹9.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,00,000 shares32,80,000 shares
Issue Size Total (Amount)up to ₹2.80 Crup to ₹9.84 Cr

IPO Timetable

DRA Consultants IPO opens on Sep 30, 2016, while India Green Reality IPO opens on Sep 30, 2016. The closing date of DRA Consultants IPO and India Green Reality IPO is Oct 04, 2016, and Oct 06, 2016, respectively.

 DRA Consultants IPOIndia Green Reality IPO
Issue OpenSep 30, 2016Sep 30, 2016
Issue CloseOct 04, 2016Oct 06, 2016
Listing date (Tentative)Oct 13, 2016Oct 18, 2016

Financials & KPIs

DRA Consultants IPO P/E ratio is , as compared to India Green Reality IPO P/E ratio of .

 DRA Consultants IPOIndia Green Reality IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets13.4211.0210.43
Total Income16.5110.029.95
Profit After Tax2.101.221.35
NET Worth9.717.616.45
Reserves and Surplus9.707.606.44
Total Borrowing0.080.12
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets110.74127.2597.82
Total Income41.371.440.95
Profit After Tax2.28-0.080.15
NET Worth5.643.372.06
Reserves and Surplus3.641.371.45
Total Borrowing8.196.756.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%84.20%
Promoter Shareholding (Post-Issue)73.02%61.28%
Market Cap₹10.97 Cr.₹38.13 Cr.

Shares Offered

In the DRA Consultants IPO Retail Individual Investors (RII) are offered 14,00,000 shares while in India Green Reality IPO retail investors are offered 14,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in DRA Consultants IPO and 0 shares in India Green Reality IPO.

 DRA Consultants IPOIndia Green Reality IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,60,000 shares1,80,000 shares
QIB0 shares0 shares
NII14,00,000 shares16,40,000 shares
RII14,00,000 shares16,40,000 shares
Employee0 shares0 shares
Total28,00,000 shares32,80,000 shares

Bids Received (Subscription)

DRA Consultants IPO subscribed 13.01x in total, whereas India Green Reality IPO subscribed 1.09x.

 DRA Consultants IPOIndia Green Reality IPO
NII (times)18.59x1.70x
RII (times)7.43x0.48x
Total (times)13.01x1.09x

Compare with others

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DRA Consultants IPO Vs India Green Reality IPO