Comparison between Dharmaj Crop Guard IPO and Inox Green Energy IPO.
Dharmaj Crop Guard IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Inox Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Dharmaj Crop Guard IPO is up to ₹251.09 Cr whereas the issue size of the Inox Green Energy IPO is up to ₹740.00 Cr. The final issue price of Dharmaj Crop Guard IPO is ₹237.00 per share and of Inox Green Energy IPO is ₹65.00 per share.
| Dharmaj Crop Guard IPO | Inox Green Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹216.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹237.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹237.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 60 shares | 230 shares |
| Fresh Issue Size | 91,13,924 shares | 5,69,23,076 shares |
| Fresh Issue Size (Amount) | up to ₹215.95 Cr | up to ₹370.00 Cr |
| OFS Issue Size | 14,83,000 shares | 5,69,23,076 shares |
| OFS Issue Size (Amount) | up to ₹35.14 Cr | up to ₹370.00 Cr |
| Issue Size Total | 1,05,96,924 shares | 11,38,46,152 shares |
| Issue Size Total (Amount) | up to ₹251.09 Cr | up to ₹740.00 Cr |
Dharmaj Crop Guard IPO opens on Nov 28, 2022, while Inox Green Energy IPO opens on Nov 11, 2022. The closing date of Dharmaj Crop Guard IPO and Inox Green Energy IPO is Nov 30, 2022, and Nov 15, 2022, respectively.
| Dharmaj Crop Guard IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | Nov 25, 2022 | Nov 10, 2022 |
| Issue Open | Nov 28, 2022 | Nov 11, 2022 |
| Issue Close | Nov 30, 2022 | Nov 15, 2022 |
| Basis Of Allotment (Tentative) | Dec 05, 2022 | Nov 18, 2022 |
| Initiation of Refunds (Tentative) | Dec 06, 2022 | Nov 21, 2022 |
| Credit of Share (Tentative) | Dec 06, 2022 | Nov 22, 2022 |
| Listing date (Tentative) | Dec 08, 2022 | Nov 23, 2022 |
| Anchor Lockin End date 1 | Jan 04, 2023 | Dec 18, 2022 |
| Anchor Lockin End date 2 | Mar 05, 2023 | Feb 16, 2023 |
Dharmaj Crop Guard IPO P/E ratio is 14.55, as compared to Inox Green Energy IPO P/E ratio of -327.
| Dharmaj Crop Guard IPO | Inox Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 93.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.64 | 56.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.55 | -327 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹801.00 Cr. | ₹1897.61 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 0.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.62 | ₹-0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.64 | -0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dharmaj Crop Guard IPO Retail Individual Investors (RII) are offered 36,89,674 shares while in Inox Green Energy IPO retail investors are offered 36,89,674 shares. Qualified Institutional Buyers (QIB) are offered 21,08,421 shares in Dharmaj Crop Guard IPO and 3,41,53,846 shares in Inox Green Energy IPO.
| Dharmaj Crop Guard IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,62,540 shares | 5,12,30,769 shares |
| Market Maker Reservation | ||
| QIB | 21,08,421 shares | 3,41,53,846 shares |
| NII | 15,81,289 shares | 1,70,76,922 shares |
| RII | 36,89,674 shares | 1,13,84,615 shares |
| Employee | 55,000 shares | |
| Others | ||
| Total | 1,05,96,924 shares | 11,38,46,152 shares |
Dharmaj Crop Guard IPO subscribed 35.49x in total, whereas Inox Green Energy IPO subscribed 1.55x.
| Dharmaj Crop Guard IPO | Inox Green Energy IPO | |
|---|---|---|
| QIB (times) | 48.21x | 1.05x |
| NII (times) | 52.29x | 0.47x |
| Big NII (times) | 52.97x | 0.39x |
| Small NII (times) | 50.93x | 0.64x |
| RII (times) | 21.53x | 4.70x |
| Employee (times) | 7.48x | |
| Other (times) | ||
| Total (times) | 35.49x | 1.55x |
