Comparison between Prodocs Solutions IPO and Topsun Energy IPO.
Prodocs Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Topsun Energy IPO is a SME Bookbuilding proposed to list at BSE SME.
| Prodocs Solutions IPO | Topsun Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Cumulative Capital Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Fortune Fiscal Limited | Aftertrade Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Prodocs Solutions IPO is up to ₹26.22 Cr whereas the issue size of the Topsun Energy IPO is up to ₹0.00 Cr. The final issue price of Prodocs Solutions IPO is ₹138.00 per share and of Topsun Energy IPO is .
| Prodocs Solutions IPO | Topsun Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹131.00 per share | |
| Issue Price (Upper) | ₹138.00 per share | |
| Issue Price (Final) | ₹138.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | |
| Fresh Issue Size | 15,00,000 shares | 72,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.70 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 4,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹5.52 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,00,000 shares | 72,00,000 shares |
| Issue Size Total (Amount) | up to ₹26.22 Cr | up to ₹0.00 Cr |
Prodocs Solutions IPO opens on Dec 08, 2025, while Topsun Energy IPO opens on . The closing date of Prodocs Solutions IPO and Topsun Energy IPO is Dec 10, 2025, and , respectively.
| Prodocs Solutions IPO | Topsun Energy IPO | |
|---|---|---|
| Anchor Bid Date | Dec 05, 2025 | |
| Issue Open | Dec 08, 2025 | |
| Issue Close | Dec 10, 2025 | |
| Basis Of Allotment (Tentative) | Dec 11, 2025 | |
| Initiation of Refunds (Tentative) | Dec 12, 2025 | |
| Credit of Share (Tentative) | Dec 12, 2025 | |
| Listing date (Tentative) | Dec 15, 2025 | |
| Anchor Lockin End date 1 | Jan 09, 2026 | |
| Anchor Lockin End date 2 | Mar 10, 2026 |
Prodocs Solutions IPO P/E ratio is 14.72, as compared to Topsun Energy IPO P/E ratio of .
| Prodocs Solutions IPO | Topsun Energy IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Standalone)Prodocs Solutions Ltd.'s revenue decreased by 6% and profit after tax (PAT) rose by 61% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Standalone)Topsun Energy Ltd.'s revenue increased by 107% and profit after tax (PAT) rose by 281% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 74.31 | 99.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹97.29 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.12% | 25.36% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.42 | 1.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.37 | ₹7.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.62% | 28.41% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Prodocs Solutions IPO Retail Individual Investors (RII) are offered 6,70,000 shares while in Topsun Energy IPO retail investors are offered 6,70,000 shares. Qualified Institutional Buyers (QIB) are offered 3,72,000 shares in Prodocs Solutions IPO and in Topsun Energy IPO.
| Prodocs Solutions IPO | Topsun Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,58,000 shares | |
| Market Maker Reservation | 1,00,000 shares | |
| QIB | 3,72,000 shares | |
| NII | 3,00,000 shares | |
| RII | 6,70,000 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 19,00,000 shares |
Prodocs Solutions IPO subscribed 2.66x in total, whereas Topsun Energy IPO subscribed .
| Prodocs Solutions IPO | Topsun Energy IPO | |
|---|---|---|
| QIB (times) | 1.59x | |
| NII (times) | 4.61x | |
| Big NII (times) | 5.51x | |
| Small NII (times) | 2.87x | |
| RII (times) | 2.38x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.66x |
