Deem Roll Tech IPO vs Owais Metal IPO

Comparison between Deem Roll Tech IPO and Owais Metal IPO.

IPO Details

Deem Roll Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Owais Metal IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Deem Roll Tech IPO is up to ₹27.79 Cr whereas the issue size of the Owais Metal IPO is up to ₹39.70 Cr. The final issue price of Deem Roll Tech IPO is ₹129.00 per share and of Owais Metal IPO is ₹87.00 per share.

 Deem Roll Tech IPOOwais Metal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹83.00 per share
Issue Price (Upper)₹87.00 per share
Issue Price (Final)₹129.00 per share₹87.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1600 shares
Fresh Issue Size21,54,000 shares45,63,200 shares
Fresh Issue Size (Amount)up to ₹27.79 Crup to ₹39.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,54,000 shares45,63,200 shares
Issue Size Total (Amount)up to ₹27.79 Crup to ₹39.70 Cr

IPO Timetable

Deem Roll Tech IPO opens on Feb 20, 2024, while Owais Metal IPO opens on Feb 26, 2024. The closing date of Deem Roll Tech IPO and Owais Metal IPO is Feb 22, 2024, and Feb 28, 2024, respectively.

 Deem Roll Tech IPOOwais Metal IPO
Anchor Bid DateFeb 23, 2024
Issue OpenFeb 20, 2024Feb 26, 2024
Issue CloseFeb 22, 2024Feb 28, 2024
Basis Of Allotment (Tentative)Feb 23, 2024Feb 29, 2024
Initiation of Refunds (Tentative)Feb 26, 2024Mar 01, 2024
Credit of Share (Tentative)Feb 26, 2024Mar 01, 2024
Listing date (Tentative)Feb 27, 2024Mar 04, 2024
Anchor Lockin End date 1Mar 30, 2024
Anchor Lockin End date 2May 29, 2024

Financials & KPIs

Deem Roll Tech IPO P/E ratio is 11.31, as compared to Owais Metal IPO P/E ratio of 21.35.

 Deem Roll Tech IPOOwais Metal IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets98.2692.5182.6378.99
Total Income50.28104.4992.1264.62
Profit After Tax3.726.924.102.98
NET Worth37.8034.0827.1623.06
Reserves and Surplus42.4643.1936.2732.18
Total Borrowing20.6220.8116.3718.02
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 2023
Assets51.643.80
Total Income39.78
Profit After Tax7.65-0.13
NET Worth21.230.57
Reserves and Surplus7.950.44
Total Borrowing13.513.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.18100.00
Promoter Shareholding (Post-Issue)67.1273.01
P/E Ratio11.3121.35
Market Cap₹107.55 Cr.₹158.19 Cr.
ROE16.83%-5.35%
ROCE20.26%
Debt/Equity0.475.61
EPS₹11.40₹4.08
RoNW20.31%-22.22%

Shares Offered

In the Deem Roll Tech IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Owais Metal IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered in Deem Roll Tech IPO and 9,12,000 shares in Owais Metal IPO.

 Deem Roll Tech IPOOwais Metal IPO
Anchor Investor Reservation13,68,000 shares
Market Maker Reservation1,14,000 shares3,44,000 shares
QIB9,12,000 shares
NII10,77,000 shares6,84,800 shares
RII10,77,000 shares15,98,400 shares
Employee
Others
Total21,54,000 shares45,63,200 shares

Bids Received (Subscription)

Deem Roll Tech IPO subscribed 256.55x in total, whereas Owais Metal IPO subscribed 221.18x.

 Deem Roll Tech IPOOwais Metal IPO
QIB (times)92.06x
NII (times)311.95x329.36x
Big NII (times)
Small NII (times)
RII (times)180.50x248.50x
Employee (times)
Other (times)
Total (times)256.55x221.18x

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