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Delta Autocorp IPO vs Indobell Insulations IPO

Comparison between Delta Autocorp IPO and Indobell Insulations IPO.

IPO Details

Delta Autocorp IPO is a SME Fixed Price IPO proposed to list at NSE SME while Indobell Insulations IPO is a SME Fixed Price proposed to list at BSE SME.

 Delta Autocorp IPOIndobell Insulations IPO
LogoDelta Autocorp IPO LogoIndobell Insulations IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Finshore Management Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Delta Autocorp IPO is up to ₹50.78 Cr whereas the issue size of the Indobell Insulations IPO is up to ₹9.63 Cr. The final issue price of Delta Autocorp IPO is ₹130.00 per share and of Indobell Insulations IPO is ₹46.00 per share.

 Delta Autocorp IPOIndobell Insulations IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹123.00 per share
Issue Price (Upper)₹130.00 per share
Issue Price (Final)₹130.00 per share₹46.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares3000 shares
Fresh Issue Size35,94,000 shares20,94,000 shares
Fresh Issue Size (Amount)up to ₹46.72 Crup to ₹9.63 Cr
OFS Issue Size3,12,000 shares0 shares
OFS Issue Size (Amount)up to ₹4.06 Crup to ₹0.00 Cr
Issue Size Total39,06,000 shares20,94,000 shares
Issue Size Total (Amount)up to ₹50.78 Crup to ₹9.63 Cr

IPO Timetable

Delta Autocorp IPO opens on Jan 07, 2025, while Indobell Insulations IPO opens on Jan 06, 2025. The closing date of Delta Autocorp IPO and Indobell Insulations IPO is Jan 09, 2025, and Jan 08, 2025, respectively.

 Delta Autocorp IPOIndobell Insulations IPO
Anchor Bid DateJan 06, 2025
Issue OpenJan 07, 2025Jan 06, 2025
Issue CloseJan 09, 2025Jan 08, 2025
Basis Of Allotment (Tentative)Jan 10, 2025Jan 09, 2025
Initiation of Refunds (Tentative)Jan 13, 2025Jan 10, 2025
Credit of Share (Tentative)Jan 13, 2025Jan 10, 2025
Listing date (Tentative)Jan 14, 2025Jan 13, 2025
Anchor Lockin End date 1Feb 08, 2025
Anchor Lockin End date 2Apr 09, 2025

Financials & KPIs

Delta Autocorp IPO P/E ratio is 18.03, as compared to Indobell Insulations IPO P/E ratio of 18.24.

 Delta Autocorp IPOIndobell Insulations IPO
Financials

Delta Autocorp Limited Financial Information (Restated)

Period Ended31 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets4,742.313,461.352,110.042,031.61
Total Income4,527.538,116.738,055.865,753.41
Profit After Tax480.81822513.41420.34
Net Worth2,270.113,031.911,141.48688.82
Reserves and Surplus1,129.931,758.47
Total Borrowing1,120.311,003.3413.6733.57
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)97.5999.99
Promoter Shareholding (Post-Issue)72.7665.00
P/E Ratio18.0318.24
Market Cap₹198.77 Cr.₹28.98 Cr.
ROE23.69%18.21%
ROCE19.32%28.15%
Debt/Equity0.490.93
EPS₹7.21₹2.52
RoNW21.18%18.21%

Shares Offered

In the Delta Autocorp IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Indobell Insulations IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered 7,81,000 shares in Delta Autocorp IPO and 0 shares in Indobell Insulations IPO.

 Delta Autocorp IPOIndobell Insulations IPO
Anchor Investor Reserveration11,70,000 shares0 shares
Market Maker Reserveration2,94,000 shares1,11,000 shares
QIB7,81,000 shares0 shares
NII5,87,000 shares10,47,000 shares
RII13,68,000 shares10,47,000 shares
Employee0 shares0 shares
Others
Total39,06,000 shares20,94,000 shares

Bids Received (Subscription)

Delta Autocorp IPO subscribed 342.10x in total, whereas Indobell Insulations IPO subscribed 54.13x.

 Delta Autocorp IPOIndobell Insulations IPO
QIB (times)178.64x
NII (times)624.28x51.31x
Big NII (times)
Small NII (times)
RII (times)314.33x52.37x
Employee (times)
Other (times)
Total (times)342.10x54.13x