Comparison between Danish Power IPO and Neelam Linens IPO.
Danish Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Neelam Linens IPO is a SME Bookbuilding proposed to list at NSE SME.
| Danish Power IPO | Neelam Linens IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Globalworth Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Danish Power IPO is up to ₹188.00 Cr whereas the issue size of the Neelam Linens IPO is up to ₹12.34 Cr. The final issue price of Danish Power IPO is ₹380.00 per share and of Neelam Linens IPO is ₹24.00 per share.
| Danish Power IPO | Neelam Linens IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹360.00 per share | ₹20.00 per share |
| Issue Price (Upper) | ₹380.00 per share | ₹24.00 per share |
| Issue Price (Final) | ₹380.00 per share | ₹24.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 300 shares | 6000 shares |
| Fresh Issue Size | 49,47,300 shares | 51,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹188.00 Cr | up to ₹12.34 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 | 49,47,300 shares | 51,42,000 shares |
| Issue Size Total (Amount) | up to ₹188.00 Cr | up to ₹12.34 Cr |
Danish Power IPO opens on Oct 22, 2024, while Neelam Linens IPO opens on Nov 08, 2024. The closing date of Danish Power IPO and Neelam Linens IPO is Oct 24, 2024, and Nov 12, 2024, respectively.
| Danish Power IPO | Neelam Linens IPO | |
|---|---|---|
| Anchor Bid Date | Oct 21, 2024 | Nov 07, 2024 |
| Issue Open | Oct 22, 2024 | Nov 08, 2024 |
| Issue Close | Oct 24, 2024 | Nov 12, 2024 |
| Basis Of Allotment (Tentative) | Oct 25, 2024 | Nov 13, 2024 |
| Initiation of Refunds (Tentative) | Oct 28, 2024 | Nov 14, 2024 |
| Credit of Share (Tentative) | Oct 28, 2024 | Nov 14, 2024 |
| Listing date (Tentative) | Oct 29, 2024 | Nov 18, 2024 |
| Anchor Lockin End date 1 | Nov 24, 2024 | Dec 13, 2024 |
| Anchor Lockin End date 2 | Jan 23, 2025 | Feb 11, 2025 |
Danish Power IPO P/E ratio is 14.46, as compared to Neelam Linens IPO P/E ratio of 14.44.
| Danish Power IPO | Neelam Linens IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Danish Power Limited Financial Information (Restated Consolidated)
| Neelam Linens and Garments (India) Ltd Financial Information (Restated Consolidated)Neelam Linens and Garments (India) Ltd's revenue decreased by -0.63% and profit after tax (PAT) rose by 3.43% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 74.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.55 | 54.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.46 | 14.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹748.28 Cr. | ₹48.52 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 11.94% | 2.99% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.30% | 3.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 3.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹26.29 | ₹1.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.85 | 3.31% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Danish Power IPO Retail Individual Investors (RII) are offered 17,09,400 shares while in Neelam Linens IPO retail investors are offered 17,09,400 shares. Qualified Institutional Buyers (QIB) are offered 9,76,500 shares in Danish Power IPO and 10,32,000 shares in Neelam Linens IPO.
| Danish Power IPO | Neelam Linens IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,64,000 shares | 15,36,000 shares |
| Market Maker Reserveration | 2,60,700 shares | 2,76,000 shares |
| QIB | 9,76,500 shares | 10,32,000 shares |
| NII | 7,32,900 shares | 7,74,000 shares |
| RII | 17,09,400 shares | 18,00,000 shares |
| Employee | 64,500 shares | |
| Others | ||
| Total | 49,47,300 shares | 51,42,000 shares |
Danish Power IPO subscribed 126.65x in total, whereas Neelam Linens IPO subscribed 91.97x.
| Danish Power IPO | Neelam Linens IPO | |
|---|---|---|
| QIB (times) | 104.79x | 15.40x |
| NII (times) | 275.92x | 273.47x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 79.88x | 57.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 126.65x | 91.97x |
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