Comparison between De Neers Tools IPO and Pattech Fitwell Tube IPO.
De Neers Tools IPO is a SME Fixed Price IPO proposed to list at NSE SME while Pattech Fitwell Tube IPO is a SME Fixed Price proposed to list at NSE SME.
| De Neers Tools IPO | Pattech Fitwell Tube IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. Khambatta Securities Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Pure Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of De Neers Tools IPO is up to ₹21.83 Cr whereas the issue size of the Pattech Fitwell Tube IPO is up to ₹11.37 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Pattech Fitwell Tube IPO is ₹50.00 per share.
| De Neers Tools IPO | Pattech Fitwell Tube IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹101.00 per share | |
| Issue Price (Final) | ₹101.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 21,61,200 shares | 22,74,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.83 Cr | up to ₹11.37 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 | 21,61,200 shares | 22,74,000 shares |
| Issue Size Total (Amount) | up to ₹21.83 Cr | up to ₹11.37 Cr |
De Neers Tools IPO opens on Apr 28, 2023, while Pattech Fitwell Tube IPO opens on Apr 05, 2023. The closing date of De Neers Tools IPO and Pattech Fitwell Tube IPO is May 03, 2023, and Apr 12, 2023, respectively.
| De Neers Tools IPO | Pattech Fitwell Tube IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 28, 2023 | Apr 05, 2023 |
| Issue Close | May 03, 2023 | Apr 12, 2023 |
| Basis Of Allotment (Tentative) | May 08, 2023 | Apr 18, 2023 |
| Initiation of Refunds (Tentative) | May 09, 2023 | Apr 19, 2023 |
| Credit of Share (Tentative) | May 10, 2023 | Apr 20, 2023 |
| Listing date (Tentative) | May 11, 2023 | Apr 21, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
De Neers Tools IPO P/E ratio is , as compared to Pattech Fitwell Tube IPO P/E ratio of 46.73.
| De Neers Tools IPO | Pattech Fitwell Tube IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.14 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 46.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.92 Cr. | ₹38.79 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the De Neers Tools IPO Retail Individual Investors (RII) are offered 7,57,200 shares while in Pattech Fitwell Tube IPO retail investors are offered 7,57,200 shares. Qualified Institutional Buyers (QIB) are offered 10,78,800 shares in De Neers Tools IPO and in Pattech Fitwell Tube IPO.
| De Neers Tools IPO | Pattech Fitwell Tube IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,15,200 shares | 1,26,000 shares |
| QIB | 10,78,800 shares | |
| NII | 3,25,200 shares | 11,37,000 shares |
| RII | 7,57,200 shares | 11,37,000 shares |
| Employee | ||
| Others | ||
| Total | 21,61,200 shares | 22,74,000 shares |
De Neers Tools IPO subscribed 15.04x in total, whereas Pattech Fitwell Tube IPO subscribed 1.97x.
| De Neers Tools IPO | Pattech Fitwell Tube IPO | |
|---|---|---|
| QIB (times) | 3.72x | |
| NII (times) | 60.16x | 2.05x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.88x | 1.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.04x | 1.97x |
