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Davin Sons Retail IPO vs Indobell Insulations IPO

Comparison between Davin Sons Retail IPO and Indobell Insulations IPO.

IPO Details

Davin Sons Retail IPO is a SME Fixed Price IPO proposed to list at BSE SME while Indobell Insulations IPO is a SME Fixed Price proposed to list at BSE SME.

 Davin Sons Retail IPOIndobell Insulations IPO
LogoDavin Sons Retail IPO LogoIndobell Insulations IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Davin Sons Retail IPO is up to ₹8.34 Cr whereas the issue size of the Indobell Insulations IPO is up to ₹9.63 Cr. The final issue price of Davin Sons Retail IPO is ₹55.00 per share and of Indobell Insulations IPO is ₹46.00 per share.

 Davin Sons Retail IPOIndobell Insulations IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹55.00 per share₹46.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size15,16,000 shares20,94,000 shares
Fresh Issue Size (Amount)up to ₹8.34 Crup to ₹9.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,16,000 shares20,94,000 shares
Issue Size Total (Amount)up to ₹8.34 Crup to ₹9.63 Cr

IPO Timetable

Davin Sons Retail IPO opens on Jan 02, 2025, while Indobell Insulations IPO opens on Jan 06, 2025. The closing date of Davin Sons Retail IPO and Indobell Insulations IPO is Jan 06, 2025, and Jan 08, 2025, respectively.

 Davin Sons Retail IPOIndobell Insulations IPO
Anchor Bid Date
Issue OpenJan 02, 2025Jan 06, 2025
Issue CloseJan 06, 2025Jan 08, 2025
Basis Of Allotment (Tentative)Jan 07, 2025Jan 09, 2025
Initiation of Refunds (Tentative)Jan 08, 2025Jan 10, 2025
Credit of Share (Tentative)Jan 08, 2025Jan 10, 2025
Listing date (Tentative)Jan 09, 2025Jan 13, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Davin Sons Retail IPO P/E ratio is 12.29, as compared to Indobell Insulations IPO P/E ratio of 18.24.

 Davin Sons Retail IPOIndobell Insulations IPO
Financials

Davin Sons Retail Limited Financial Information (Restated Consolidated)

Davin Sons Retail Limited's revenue increased by 242% and profit after tax (PAT) rose by 190% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,036.2883.12455.975
Total Income634.11,339.16391.33
Profit After Tax73.59164.0556.62
Net Worth627.78554.65109.37
Total Borrowing194.4524128.15
Amount in ₹ Lakhs

Indobell Insulation Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,320.221,528.771,232.031,488.6
Total Income556.31,798.572,105.22977.31
Profit After Tax42.39103.2690.0115.34
Net Worth609.49567.09472.63389.37
Reserves and Surplus199.99157.6404.38321.12
Total Borrowing341.84526.92424.34612.79
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)90.6899.99
Promoter Shareholding (Post-Issue)63.1865.00
P/E Ratio12.2918.24
Market Cap₹28.95 Cr.₹28.98 Cr.
ROE49.41%18.21%
ROCE54.52%28.15%
Debt/Equity0.93
EPS₹4.47₹2.52
RoNW29.58%18.21%

Shares Offered

In the Davin Sons Retail IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Indobell Insulations IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Davin Sons Retail IPO and 0 shares in Indobell Insulations IPO.

 Davin Sons Retail IPOIndobell Insulations IPO
Anchor Investor Reserveration0 shares0 shares
Market Maker Reserveration80,000 shares1,11,000 shares
QIB0 shares0 shares
NII7,58,000 shares10,47,000 shares
RII7,58,000 shares10,47,000 shares
Employee0 shares0 shares
Others
Total15,16,000 shares20,94,000 shares

Bids Received (Subscription)

Davin Sons Retail IPO subscribed 120.80x in total, whereas Indobell Insulations IPO subscribed 54.13x.

 Davin Sons Retail IPOIndobell Insulations IPO
QIB (times)
NII (times)66.10x51.31x
Big NII (times)
Small NII (times)
RII (times)164.78x52.37x
Employee (times)
Other (times)
Total (times)120.80x54.13x