Dharmaj Crop Guard IPO vs Landmark Cars IPO

Comparison between Dharmaj Crop Guard IPO and Landmark Cars IPO.

IPO Details

Dharmaj Crop Guard IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Landmark Cars IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Dharmaj Crop Guard IPO is up to ₹251.09 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Dharmaj Crop Guard IPO is ₹237.00 per share and of Landmark Cars IPO is ₹506.00 per share.

 Dharmaj Crop Guard IPOLandmark Cars IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹216.00 per share₹481.00 per share
Issue Price (Upper)₹237.00 per share₹506.00 per share
Issue Price (Final)₹237.00 per share₹506.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹10.00 per share₹48.00 per share
Market Lot Size60 shares29 shares
Fresh Issue Size91,13,924 shares29,66,498 shares
Fresh Issue Size (Amount)up to ₹215.95 Crup to ₹150.08 Cr
OFS Issue Size14,83,000 shares79,44,662 shares
OFS Issue Size (Amount)up to ₹35.14 Crup to ₹401.92 Cr
Issue Size Total1,05,96,924 shares1,09,11,160 shares
Issue Size Total (Amount)up to ₹251.09 Crup to ₹552.00 Cr

IPO Timetable

Dharmaj Crop Guard IPO opens on Nov 28, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Dharmaj Crop Guard IPO and Landmark Cars IPO is Nov 30, 2022, and Dec 15, 2022, respectively.

 Dharmaj Crop Guard IPOLandmark Cars IPO
Anchor Bid DateNov 25, 2022Dec 12, 2022
Issue OpenNov 28, 2022Dec 13, 2022
Issue CloseNov 30, 2022Dec 15, 2022
Basis Of Allotment (Tentative)Dec 05, 2022Dec 20, 2022
Initiation of Refunds (Tentative)Dec 06, 2022Dec 21, 2022
Credit of Share (Tentative)Dec 06, 2022Dec 22, 2022
Listing date (Tentative)Dec 08, 2022Dec 23, 2022
Anchor Lockin End date 1Jan 04, 2023Jan 19, 2023
Anchor Lockin End date 2Mar 05, 2023Mar 20, 2023

Financials & KPIs

Dharmaj Crop Guard IPO P/E ratio is 14.55, as compared to Landmark Cars IPO P/E ratio of 27.61.

 Dharmaj Crop Guard IPOLandmark Cars IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets305.76219.55128.8792.5847.66
Total Income221.17396.29303.57199.17139.95
Profit After Tax18.3628.6920.9610.765.02
NET Worth101.1782.8256.1435.2210.46
Reserves and Surplus0.000.000.000.00
Total Borrowing51.5636.9326.9220.1820.35
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets1,209.371,085.38887.90831.771,008.03
Total Income801.902,989.121,966.342,228.932,834.62
Profit After Tax18.1466.1811.15-28.94-24.43
NET Worth268.27246.94181.78169.13187.96
Reserves and Surplus0.000.000.000.00
Total Borrowing464.37308.49327.44357.91478.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10060.24
Promoter Shareholding (Post-Issue)68.6444.61
P/E Ratio14.5527.61
Market Cap₹801.00 Cr.₹2003.26 Cr.
ROE34.6426.66
ROCE32.8718.86
Debt/Equity0.43
EPS₹11.62₹17.88
RoNW34.6426.52

Shares Offered

In the Dharmaj Crop Guard IPO Retail Individual Investors (RII) are offered 36,89,674 shares while in Landmark Cars 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 21,77,865 shares in Landmark Cars IPO.

 Dharmaj Crop Guard IPOLandmark Cars IPO
Anchor Investor Reservation31,62,540 shares32,66,797 shares
Market Maker Reservation
QIB21,08,421 shares21,77,865 shares
NII15,81,289 shares16,33,399 shares
RII36,89,674 shares38,11,265 shares
Employee55,000 shares21,834 shares
Others
Total1,05,96,924 shares1,09,11,160 shares

Bids Received (Subscription)

Dharmaj Crop Guard IPO subscribed 35.49x in total, whereas Landmark Cars IPO subscribed 3.06x.

 Dharmaj Crop Guard IPOLandmark Cars IPO
QIB (times)48.21x8.71x
NII (times)52.29x1.32x
Big NII (times)52.97x1.59x
Small NII (times)50.93x0.78x
RII (times)21.53x0.59x
Employee (times)7.48x2.93x
Other (times)
Total (times)35.49x3.06x

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Dharmaj Crop Guard IPO Vs Landmark Cars IPO