De Neers Tools IPO vs Innokaiz India IPO

Comparison between De Neers Tools IPO and Innokaiz India IPO.

IPO Details

De Neers Tools IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Innokaiz India IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of De Neers Tools IPO is up to ₹21.83 Cr whereas the issue size of the Innokaiz India IPO is up to ₹20.11 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Innokaiz India IPO is ₹78.00 per share.

 De Neers Tools IPOInnokaiz India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹76.00 per share
Issue Price (Upper)₹101.00 per share₹78.00 per share
Issue Price (Final)₹101.00 per share₹78.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size21,61,200 shares25,77,600 shares
Fresh Issue Size (Amount)up to ₹21.83 Crup to ₹20.11 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,61,200 shares25,77,600 shares
Issue Size Total (Amount)up to ₹21.83 Crup to ₹20.11 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Innokaiz India IPO opens on Apr 28, 2023. The closing date of De Neers Tools IPO and Innokaiz India IPO is May 03, 2023, and May 03, 2023, respectively.

 De Neers Tools IPOInnokaiz India IPO
Anchor Bid DateApr 27, 2023
Issue OpenApr 28, 2023Apr 28, 2023
Issue CloseMay 03, 2023May 03, 2023
Basis Of Allotment (Tentative)May 08, 2023May 08, 2023
Initiation of Refunds (Tentative)May 09, 2023May 09, 2023
Credit of Share (Tentative)May 10, 2023May 10, 2023
Listing date (Tentative)May 11, 2023May 11, 2023
Anchor Lockin End date 1Jun 07, 2023
Anchor Lockin End date 2Aug 06, 2023

Financials & KPIs

De Neers Tools IPO P/E ratio is , as compared to Innokaiz India IPO P/E ratio of .

 De Neers Tools IPOInnokaiz India IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 202231 Mar 202231 Mar 202131 Mar 2020
Assets125.5899.3461.1155.70
Total Income56.0380.0962.1273.50
Profit After Tax3.875.040.660.44
NET Worth30.4423.823.207.04
Reserves and Surplus4.116.543.177.13
Total Borrowing24.0624.3611.484.85
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 202231 Mar 202231 Mar 202131 Mar 2020
Assets47.6349.7238.7125.68
Total Income148.84286.09185.06138.72
Profit After Tax6.107.925.093.62
NET Worth24.5318.4310.515.42
Reserves and Surplus17.0218.4210.505.41
Total Borrowing0.941.321.041.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.1498.00
Promoter Shareholding (Post-Issue)71.99
P/E Ratio
Market Cap₹86.92 Cr.₹79.74 Cr.
ROE
ROCE
Debt/Equity
EPS₹7.97
RoNW21.17

Shares Offered

In the De Neers Tools IPO Retail Individual Investors (RII) are offered 7,57,200 shares while in Innokaiz India IPO retail investors are offered 7,57,200 shares. Qualified Institutional Buyers (QIB) are offered 10,78,800 shares in De Neers Tools IPO and 5,15,200 shares in Innokaiz India IPO.

 De Neers Tools IPOInnokaiz India IPO
Anchor Investor Reservation7,72,800 shares
Market Maker Reservation1,15,200 shares1,36,000 shares
QIB10,78,800 shares5,15,200 shares
NII3,25,200 shares3,87,200 shares
RII7,57,200 shares9,02,400 shares
Employee
Others
Total21,61,200 shares25,77,600 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.04x in total, whereas Innokaiz India IPO subscribed 95.08x.

Compare with others

Compare:

De Neers Tools IPO Vs Innokaiz India IPO