Comparison between Dev Information Technology IPO and Panache Digilife IPO.
Dev Information Technology IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Panache Digilife IPO is a SME Bookbuilding proposed to list at NSE SME.
| Dev Information Technology IPO | Panache Digilife IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Dev Information Technology IPO is up to ₹5.85 Cr whereas the issue size of the Panache Digilife IPO is up to ₹13.83 Cr. The final issue price of Dev Information Technology IPO is ₹42.00 per share and of Panache Digilife IPO is ₹81.00 per share.
| Dev Information Technology IPO | Panache Digilife IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹81.00 per share | |
| Issue Price (Final) | ₹42.00 per share | ₹81.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 13,92,000 shares | 17,07,200 shares |
| Fresh Issue Size (Amount) | up to ₹5.85 Cr | up to ₹13.83 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 | 13,92,000 shares | 17,07,200 shares |
| Issue Size Total (Amount) | up to ₹5.85 Cr | up to ₹13.83 Cr |
Dev Information Technology IPO opens on Mar 31, 2017, while Panache Digilife IPO opens on Apr 11, 2017. The closing date of Dev Information Technology IPO and Panache Digilife IPO is Apr 06, 2017, and Apr 17, 2017, respectively.
| Dev Information Technology IPO | Panache Digilife IPO | |
|---|---|---|
| Issue Open | Mar 31, 2017 | Apr 11, 2017 |
| Issue Close | Apr 06, 2017 | Apr 17, 2017 |
| Basis Of Allotment (Tentative) | Apr 20, 2017 | |
| Listing date (Tentative) | Apr 17, 2017 | Apr 25, 2017 |
Dev Information Technology IPO P/E ratio is 10, as compared to Panache Digilife IPO P/E ratio of .
| Dev Information Technology IPO | Panache Digilife IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93% | 100% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.93% | 70% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹23.19 Cr. | ₹48.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dev Information Technology IPO Retail Individual Investors (RII) are offered 6,96,000 shares while in Panache Digilife IPO retail investors are offered 6,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Dev Information Technology IPO and in Panache Digilife IPO.
| Dev Information Technology IPO | Panache Digilife IPO | |
|---|---|---|
| Market Maker Reservation | 96,000 shares | 92,800 shares |
| NII | 6,96,000 shares | 8,52,800 shares |
| RII | 6,96,000 shares | 8,54,400 shares |
| Total | 13,92,000 shares | 17,07,200 shares |
Dev Information Technology IPO subscribed 79.22x in total, whereas Panache Digilife IPO subscribed 2.45x.
| Dev Information Technology IPO | Panache Digilife IPO | |
|---|---|---|
| NII (times) | 69.29x | 2.21x |
| RII (times) | 89.14x | 2.66x |
| Total (times) | 79.22x | 2.45x |
