Dhyaani Tile IPO vs Le Merite Exports IPO

Comparison between Dhyaani Tile IPO and Le Merite Exports IPO.

IPO Details

Dhyaani Tile IPO is a SME Fixed Price IPO proposed to list at BSE SME while Le Merite Exports IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Dhyaani Tile IPO is up to ₹2.33 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹45.48 Cr. The final issue price of Dhyaani Tile IPO is ₹51.00 per share and of Le Merite Exports IPO is ₹75.00 per share.

 Dhyaani Tile IPOLe Merite Exports IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1600 shares
Fresh Issue Size4,56,000 shares60,64,000 shares
Fresh Issue Size (Amount)up to ₹2.33 Crup to ₹45.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,56,000 shares60,64,000 shares
Issue Size Total (Amount)up to ₹2.33 Crup to ₹45.48 Cr

IPO Timetable

Dhyaani Tile IPO opens on Mar 30, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Dhyaani Tile IPO and Le Merite Exports IPO is Apr 04, 2022, and Apr 28, 2022, respectively.

Financials & KPIs

Dhyaani Tile IPO P/E ratio is 15.94, as compared to Le Merite Exports IPO P/E ratio of 11.09.

 Dhyaani Tile IPOLe Merite Exports IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets18.086.3714.3110.17
Total Income10.4115.117.139.36
Profit After Tax0.240.27-0.070.10
EBITDA0.320.37-0.100.13
NET Worth0.580.340.070.14
Reserves and Surplus0.530.290.020.09
Total Borrowing0.180.000.810.45
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets177.0792.0256.2656.60
Total Income370.87269.13217.28180.93
Profit After Tax15.877.063.151.13
EBITDA10.446.384.37
NET Worth40.2124.3417.2914.14
Reserves and Surplus38.5022.6315.5812.43
Total Borrowing94.0254.0028.9937.63
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.92%99.99%
Promoter Shareholding (Post-Issue)66.32%72.74%
P/E Ratio15.9411.09
Market Cap₹7.75 Cr.₹176.11 Cr.
ROE28.99
ROCE43.03
Debt/Equity2.52
EPS₹2.59₹41.31
RoNW78.9928.99

Shares Offered

In the Dhyaani Tile IPO Retail Individual Investors (RII) are offered 2,28,000 shares while in Le Merite Exports IPO retail investors are offered 2,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Dhyaani Tile IPO and in Le Merite Exports IPO.

 Dhyaani Tile IPOLe Merite Exports IPO
Market Maker Reservation24,000 shares3,36,000 shares
NII2,28,000 shares30,32,000 shares
RII2,28,000 shares30,32,000 shares
Total4,56,000 shares60,64,000 shares

Bids Received (Subscription)

Dhyaani Tile IPO subscribed 2.16x in total, whereas Le Merite Exports IPO subscribed 15.69x.

 Dhyaani Tile IPOLe Merite Exports IPO
NII (times)1.96x15.27x
RII (times)2.36x16.10x
Total (times)2.16x15.69x

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