Comparison between Drone Destination IPO and Khazanchi Jewellers IPO.
Drone Destination IPO is a SME Fixed Price IPO proposed to list at NSE SME while Khazanchi Jewellers IPO is a SME Fixed Price proposed to list at BSE SME.
| Drone Destination IPO | Khazanchi Jewellers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Mark Corporate Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Svcm Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Drone Destination IPO is up to ₹40.95 Cr whereas the issue size of the Khazanchi Jewellers IPO is up to ₹91.90 Cr. The final issue price of Drone Destination IPO is ₹65.00 per share and of Khazanchi Jewellers IPO is ₹140.00 per share.
| Drone Destination IPO | Khazanchi Jewellers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹62.00 per share | |
| Issue Price (Upper) | ₹65.00 per share | |
| Issue Price (Final) | ₹65.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 63,00,000 shares | 65,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹40.95 Cr | up to ₹91.90 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 63,00,000 shares | 65,64,000 shares |
| Issue Size Total (Amount) | up to ₹40.95 Cr | up to ₹91.90 Cr |
Drone Destination IPO opens on Jul 07, 2023, while Khazanchi Jewellers IPO opens on Jul 24, 2023. The closing date of Drone Destination IPO and Khazanchi Jewellers IPO is Jul 13, 2023, and Jul 28, 2023, respectively.
| Drone Destination IPO | Khazanchi Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Jul 06, 2023 | |
| Issue Open | Jul 07, 2023 | Jul 24, 2023 |
| Issue Close | Jul 13, 2023 | Jul 28, 2023 |
| Basis Of Allotment (Tentative) | Jul 18, 2023 | Aug 02, 2023 |
| Initiation of Refunds (Tentative) | Jul 19, 2023 | Aug 03, 2023 |
| Credit of Share (Tentative) | Jul 20, 2023 | Aug 04, 2023 |
| Listing date (Tentative) | Jul 21, 2023 | Aug 07, 2023 |
| Anchor Lockin End date 1 | Aug 17, 2023 | |
| Anchor Lockin End date 2 | Oct 16, 2023 |
Drone Destination IPO P/E ratio is 64.35, as compared to Khazanchi Jewellers IPO P/E ratio of 45.75.
| Drone Destination IPO | Khazanchi Jewellers IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.14 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 64.35 | 45.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹157.95 Cr. | ₹346.46 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.90% | 20.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.65% | 18.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.06 | 1.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹25.80 | ₹7.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.90% | 20.98% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Drone Destination IPO Retail Individual Investors (RII) are offered 22,06,000 shares while in Khazanchi Jewellers IPO retail investors are offered 22,06,000 shares. Qualified Institutional Buyers (QIB) are offered 12,60,000 shares in Drone Destination IPO and in Khazanchi Jewellers IPO.
| Drone Destination IPO | Khazanchi Jewellers IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,88,000 shares | |
| Market Maker Reserveration | 5,00,000 shares | 3,46,000 shares |
| QIB | 12,60,000 shares | |
| NII | 9,46,000 shares | 32,82,000 shares |
| RII | 22,06,000 shares | 32,82,000 shares |
| Employee | ||
| Others | ||
| Total | 63,00,000 shares | 65,64,000 shares |
Drone Destination IPO subscribed 191.65x in total, whereas Khazanchi Jewellers IPO subscribed 1.26x.
| Drone Destination IPO | Khazanchi Jewellers IPO | |
|---|---|---|
| QIB (times) | 50.46x | |
| NII (times) | 243.85x | 1.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 250.09x | 0.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 191.65x | 1.26x |
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