Comparison between Danish Power IPO and Pranik Logistics IPO.
Danish Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pranik Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.
| Danish Power IPO | Pranik Logistics 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. | Narnolia Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Prabhat Financial Services 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 Pranik Logistics IPO is up to ₹21.23 Cr. The final issue price of Danish Power IPO is ₹380.00 per share and of Pranik Logistics IPO is ₹77.00 per share.
| Danish Power IPO | Pranik Logistics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹360.00 per share | ₹73.00 per share |
| Issue Price (Upper) | ₹380.00 per share | ₹77.00 per share |
| Issue Price (Final) | ₹380.00 per share | ₹77.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 300 shares | 1600 shares |
| Fresh Issue Size | 49,47,300 shares | 27,56,800 shares |
| Fresh Issue Size (Amount) | up to ₹188.00 Cr | up to ₹21.23 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 | 27,56,800 shares |
| Issue Size Total (Amount) | up to ₹188.00 Cr | up to ₹21.23 Cr |
Danish Power IPO opens on Oct 22, 2024, while Pranik Logistics IPO opens on Oct 10, 2024. The closing date of Danish Power IPO and Pranik Logistics IPO is Oct 24, 2024, and Oct 14, 2024, respectively.
| Danish Power IPO | Pranik Logistics IPO | |
|---|---|---|
| Anchor Bid Date | Oct 21, 2024 | Oct 09, 2024 |
| Issue Open | Oct 22, 2024 | Oct 10, 2024 |
| Issue Close | Oct 24, 2024 | Oct 14, 2024 |
| Basis Of Allotment (Tentative) | Oct 25, 2024 | Oct 15, 2024 |
| Initiation of Refunds (Tentative) | Oct 28, 2024 | Oct 16, 2024 |
| Credit of Share (Tentative) | Oct 28, 2024 | Oct 16, 2024 |
| Listing date (Tentative) | Oct 29, 2024 | Oct 17, 2024 |
| Anchor Lockin End date 1 | Nov 24, 2024 | Nov 20, 2024 |
| Anchor Lockin End date 2 | Jan 23, 2025 | Jan 19, 2025 |
Danish Power IPO P/E ratio is 14.46, as compared to Pranik Logistics IPO P/E ratio of 15.33.
| Danish Power IPO | Pranik Logistics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Danish Power Limited Financial Information (Restated Consolidated)
| Pranik Logistics Limited Financial Information (Restated)Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.55 | 73.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.46 | 15.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹748.28 Cr. | ₹84.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 11.94% | 8.70% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.30% | 11.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 1.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹26.29 | ₹5.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.85 | 8.70% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Danish Power IPO Retail Individual Investors (RII) are offered 17,09,400 shares while in Pranik Logistics IPO retail investors are offered 17,09,400 shares. Qualified Institutional Buyers (QIB) are offered 9,76,500 shares in Danish Power IPO and 5,55,200 shares in Pranik Logistics IPO.
| Danish Power IPO | Pranik Logistics IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,64,000 shares | 8,20,800 shares |
| Market Maker Reserveration | 2,60,700 shares | 1,61,600 shares |
| QIB | 9,76,500 shares | 5,55,200 shares |
| NII | 7,32,900 shares | 4,14,400 shares |
| RII | 17,09,400 shares | 9,66,400 shares |
| Employee | 64,500 shares | |
| Others | ||
| Total | 49,47,300 shares | 27,56,800 shares |
Danish Power IPO subscribed 126.65x in total, whereas Pranik Logistics IPO subscribed 218.02x.
| Danish Power IPO | Pranik Logistics IPO | |
|---|---|---|
| QIB (times) | 104.79x | 35.67x |
| NII (times) | 275.92x | 744.05x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 79.88x | 97.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 126.65x | 218.02x |
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