Dev Labtech Venture IPO vs Prospect Commodities IPO

Comparison between Dev Labtech Venture IPO and Prospect Commodities IPO.

IPO Details

Dev Labtech Venture IPO is a SME Fixed Price IPO proposed to list at BSE SME while Prospect Commodities IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dev Labtech Venture IPO is up to ₹10.65 Cr whereas the issue size of the Prospect Commodities IPO is up to ₹7.10 Cr. The final issue price of Dev Labtech Venture IPO is ₹51.00 per share and of Prospect Commodities IPO is ₹61.00 per share.

 Dev Labtech Venture IPOProspect Commodities IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size20,88,000 shares11,64,000 shares
Fresh Issue Size (Amount)up to ₹10.65 Crup to ₹7.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,88,000 shares11,64,000 shares
Issue Size Total (Amount)up to ₹10.65 Crup to ₹7.10 Cr

IPO Timetable

Dev Labtech Venture IPO opens on Mar 17, 2023, while Prospect Commodities IPO opens on Mar 08, 2023. The closing date of Dev Labtech Venture IPO and Prospect Commodities IPO is Mar 21, 2023, and Mar 13, 2023, respectively.

Financials & KPIs

Dev Labtech Venture IPO P/E ratio is 32.9, as compared to Prospect Commodities IPO P/E ratio of 31.44.

 Dev Labtech Venture IPOProspect Commodities IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets11.678.887.147.11
Total Income9.6626.9812.2811.79
Profit After Tax0.640.440.040.00
NET Worth7.181.921.481.45
Reserves and Surplus2.320.661.281.24
Total Borrowing1.151.231.781.54
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Nov 202231 Mar 2022
Assets9.770.01
Total Income8.400.00
Profit After Tax0.53-0.00
NET Worth2.940.01
Reserves and Surplus0.53-0.00
Total Borrowing3.640.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.6688.44
Promoter Shareholding (Post-Issue)68.0161.94
P/E Ratio32.931.44
Market Cap₹42.18 Cr.₹24.95 Cr.
ROE29.68-17.65
ROCE0.22-17.65
Debt/Equity0.64
EPS₹0.84
RoNW22.71

Shares Offered

In the Dev Labtech Venture IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Prospect Commodities IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Dev Labtech Venture IPO and in Prospect Commodities IPO.

 Dev Labtech Venture IPOProspect Commodities IPO
Anchor Investor Reservation
Market Maker Reservation1,12,000 shares62,000 shares
QIB
NII10,44,000 shares5,82,000 shares
RII10,44,000 shares5,82,000 shares
Employee
Others
Total20,88,000 shares11,64,000 shares

Bids Received (Subscription)

Dev Labtech Venture IPO subscribed 5.47x in total, whereas Prospect Commodities IPO subscribed 5.31x.

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Dev Labtech Venture IPO Vs Prospect Commodities IPO