Dev Labtech Venture IPO vs Infinium Pharmachem IPO

Comparison between Dev Labtech Venture IPO and Infinium Pharmachem IPO.

IPO Details

Dev Labtech Venture IPO is a SME Fixed Price IPO proposed to list at BSE SME while Infinium Pharmachem IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Dev Labtech Venture IPO is up to ₹10.65 Cr whereas the issue size of the Infinium Pharmachem IPO is up to ₹23.99 Cr. The final issue price of Dev Labtech Venture IPO is ₹51.00 per share and of Infinium Pharmachem IPO is ₹135.00 per share.

 Dev Labtech Venture IPOInfinium Pharmachem IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹135.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹13.50 per share
Market Lot Size2000 shares1000 shares
Fresh Issue Size20,88,000 shares17,81,000 shares
Fresh Issue Size (Amount)up to ₹10.65 Crup to ₹23.99 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,88,000 shares17,81,000 shares
Issue Size Total (Amount)up to ₹10.65 Crup to ₹23.99 Cr

IPO Timetable

Dev Labtech Venture IPO opens on Mar 17, 2023, while Infinium Pharmachem IPO opens on Mar 31, 2023. The closing date of Dev Labtech Venture IPO and Infinium Pharmachem IPO is Mar 21, 2023, and Apr 05, 2023, respectively.

Financials & KPIs

Dev Labtech Venture IPO P/E ratio is 32.9, as compared to Infinium Pharmachem IPO P/E ratio of 7.83.

 Dev Labtech Venture IPOInfinium Pharmachem IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets11.678.887.147.11
Total Income9.6626.9812.2811.79
Profit After Tax0.640.440.040.00
NET Worth7.181.921.481.45
Reserves and Surplus2.320.661.281.24
Total Borrowing1.151.231.781.54
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets70.7659.0034.1822.45
Total Income79.85100.0571.1539.42
Profit After Tax5.516.112.720.93
NET Worth18.5613.107.024.25
Reserves and Surplus0.000.000.000.00
Total Borrowing16.1513.855.795.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.66100
Promoter Shareholding (Post-Issue)68.0173.05
P/E Ratio32.97.83
Market Cap₹42.18 Cr.₹93.93 Cr.
ROE29.6843.85
ROCE0.2272
Debt/Equity0.642.91
EPS₹0.84₹54.13
RoNW22.7146.61

Shares Offered

In the Dev Labtech Venture IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Infinium Pharmachem IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Dev Labtech Venture IPO and in Infinium Pharmachem IPO.

 Dev Labtech Venture IPOInfinium Pharmachem IPO
Anchor Investor Reservation
Market Maker Reservation1,12,000 shares94,000 shares
QIB
NII10,44,000 shares8,70,000 shares
RII10,44,000 shares8,70,000 shares
Employee41,000 shares
Others
Total20,88,000 shares17,81,000 shares

Bids Received (Subscription)

Dev Labtech Venture IPO subscribed 5.47x in total, whereas Infinium Pharmachem IPO subscribed 1.92x.

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Dev Labtech Venture IPO Vs Infinium Pharmachem IPO