Comparison between Divine Power Energy IPO and Petro Carbon IPO.
Divine Power Energy IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Petro Carbon IPO is a SME Bookbuilding proposed to list at NSE SME.
| Divine Power Energy IPO | Petro Carbon IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Giriraj Stock Broking Pvt.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 Divine Power Energy IPO is up to ₹21.60 Cr whereas the issue size of the Petro Carbon IPO is up to ₹105.80 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Petro Carbon IPO is ₹171.00 per share.
| Divine Power Energy IPO | Petro Carbon IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | ₹162.00 per share |
| Issue Price (Upper) | ₹40.00 per share | ₹171.00 per share |
| Issue Price (Final) | ₹40.00 per share | ₹171.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 800 shares |
| Fresh Issue Size | 54,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹21.60 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 61,87,200 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹105.80 Cr |
| Issue Size Total | 54,00,000 shares | 61,87,200 shares |
| Issue Size Total (Amount) | up to ₹21.60 Cr | up to ₹105.80 Cr |
Divine Power Energy IPO opens on Jun 25, 2024, while Petro Carbon IPO opens on Jun 25, 2024. The closing date of Divine Power Energy IPO and Petro Carbon IPO is Jun 27, 2024, and Jun 27, 2024, respectively.
| Divine Power Energy IPO | Petro Carbon IPO | |
|---|---|---|
| Anchor Bid Date | Jun 24, 2024 | Jun 24, 2024 |
| Issue Open | Jun 25, 2024 | Jun 25, 2024 |
| Issue Close | Jun 27, 2024 | Jun 27, 2024 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Jun 28, 2024 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Jul 01, 2024 |
| Credit of Share (Tentative) | Jul 01, 2024 | Jul 01, 2024 |
| Listing date (Tentative) | Jul 02, 2024 | Jul 02, 2024 |
| Anchor Lockin End date 1 | Jul 28, 2024 | Jul 28, 2024 |
| Anchor Lockin End date 2 | Sep 26, 2024 | Sep 26, 2024 |
Divine Power Energy IPO P/E ratio is 9.85, as compared to Petro Carbon IPO P/E ratio of 66.02.
| Divine Power Energy IPO | Petro Carbon IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Divine Power Energy Limited Financial Information (Restated)Divine Power Energy Limited's revenue increased by 47.65% and profit after tax (PAT) rose by 124.82% between the financial year ending with March 31, 2024 and March 31, 2023.
| Petro Carbon and Chemicals Limited Financial Information (Restated Standalone)Petro Carbon and Chemicals Limited's revenue increased by 84.92% and profit after tax (PAT) rose by 17.8% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.85 | 66.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹85.88 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.06% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.25% | 60.36% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.26 | 0.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.06% | 66.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Petro Carbon IPO retail investors are offered 18,90,000 shares. Qualified Institutional Buyers (QIB) are offered 10,80,000 shares in Divine Power Energy IPO and 12,36,800 shares in Petro Carbon IPO.
| Divine Power Energy IPO | Petro Carbon IPO | |
|---|---|---|
| Anchor Investor Reserveration | 16,20,000 shares | 18,55,200 shares |
| Market Maker Reserveration | 2,88,000 shares | 4,30,400 shares |
| QIB | 10,80,000 shares | 12,36,800 shares |
| NII | 8,10,000 shares | 9,28,800 shares |
| RII | 18,90,000 shares | 21,66,400 shares |
| Employee | ||
| Others | ||
| Total | 54,00,000 shares | 61,87,200 shares |
Divine Power Energy IPO subscribed 393.67x in total, whereas Petro Carbon IPO subscribed 92.01x.
| Divine Power Energy IPO | Petro Carbon IPO | |
|---|---|---|
| QIB (times) | 135.84x | 94.49x |
| NII (times) | 473.74x | 129.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 507.94x | 74.34x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 393.67x | 92.01x |
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