Deem Roll Tech IPO vs Purv Flexipack IPO

Comparison between Deem Roll Tech IPO and Purv Flexipack IPO.

IPO Details

Deem Roll Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Purv Flexipack IPO is a SME Bookbuilding proposed to list at NSE SME.

	Deem Roll Tech IPO	Purv Flexipack IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt.Ltd.	Holani Consultants Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	SS Corporate Securities Ltd.	Holani Consultants Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Deem Roll Tech IPO is up to ₹27.79 Cr whereas the issue size of the Purv Flexipack IPO is up to ₹37.74 Cr. The final issue price of Deem Roll Tech IPO is ₹129.00 per share and of Purv Flexipack IPO is ₹71.00 per share.

	Deem Roll Tech IPO	Purv Flexipack IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹70.00 per share
Issue Price (Upper)		₹71.00 per share
Issue Price (Final)	₹129.00 per share	₹71.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	21,54,000 shares	53,15,200 shares
Fresh Issue Size (Amount)	up to ₹27.79 Cr	up to ₹37.74 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	21,54,000 shares	53,15,200 shares
Issue Size Total (Amount)	up to ₹27.79 Cr	up to ₹37.74 Cr

IPO Timetable

Deem Roll Tech IPO opens on Feb 20, 2024, while Purv Flexipack IPO opens on Feb 27, 2024. The closing date of Deem Roll Tech IPO and Purv Flexipack IPO is Feb 22, 2024, and Feb 29, 2024, respectively.

	Deem Roll Tech IPO	Purv Flexipack IPO
Anchor Bid Date		Feb 26, 2024
Issue Open	Feb 20, 2024	Feb 27, 2024
Issue Close	Feb 22, 2024	Feb 29, 2024
Basis Of Allotment (Tentative)	Feb 23, 2024	Mar 01, 2024
Initiation of Refunds (Tentative)	Feb 26, 2024	Mar 04, 2024
Credit of Share (Tentative)	Feb 26, 2024	Mar 04, 2024
Listing date (Tentative)	Feb 27, 2024	Mar 05, 2024
Anchor Lockin End date 1		Mar 31, 2024
Anchor Lockin End date 2		May 30, 2024

Financials & KPIs

Deem Roll Tech IPO P/E ratio is 11.31, as compared to Purv Flexipack IPO P/E ratio of 13.17.

Deem Roll Tech IPO

Purv Flexipack IPO

Financials

Deem Roll Tech Limited Financial Information (Restated)

Deem Roll Tech Limited's revenue increased by 13.42% and profit after tax (PAT) rose by 68.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,825.85	9,251.44	8,263.02	7,898.93
Total Income	5,027.55	10,448.57	9,212.12	6,461.96
Profit After Tax	371.83	692.05	409.78	298.24
Net Worth	3,780.02	3,408.19	2,716.16	2,306.35
Reserves and Surplus	4,245.86	4,319.43	3,627.38	3,217.60
Total Borrowing	2,062.47	2,080.88	1,636.65	1,802.25
Amount in ₹ Lakhs

Purv Flexipack Limited Financial Information (Restated)

Purv Flexipack Limited's revenue increased by 48.66% and profit after tax (PAT) rose by 31.82% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	28,315.64	25,852.83	18,146.73	15,417.62
Total Income	13,935.79	34,107.83	22,943.81	13,780.26
Profit After Tax	430.13	826.13	626.73	567.50
Net Worth	8,152.42	7,619.22	6,793.09	5,898.36
Reserves and Surplus	6,740.54	6,207.34	5,381.21	4,486.48
Total Borrowing	15,013.96	12,350.98	8,340.10	7,077.77
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.18

92.17

Promoter Shareholding (Post-Issue)

67.12

P/E Ratio

11.31

13.17

Market Cap

₹107.55 Cr.

₹148.98 Cr.

ROE

16.83%

11.46%

ROCE

20.26%

18.50%

Debt/Equity

0.47

1.62

EPS

₹11.40

₹5.39

RoNW

20.31%

10.84%

Shares Offered

In the Deem Roll Tech IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Purv Flexipack IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered in Deem Roll Tech IPO and 10,52,800 shares in Purv Flexipack IPO.

	Deem Roll Tech IPO	Purv Flexipack IPO
Anchor Investor Reserveration		15,16,800 shares
Market Maker Reserveration	1,14,000 shares	3,48,800 shares
QIB		10,52,800 shares
NII	10,77,000 shares	8,44,800 shares
RII	10,77,000 shares	19,00,800 shares
Employee
Others
Total	21,54,000 shares	53,15,200 shares

Bids Received (Subscription)

Deem Roll Tech IPO subscribed 256.55x in total, whereas Purv Flexipack IPO subscribed 421.78x.

	Deem Roll Tech IPO	Purv Flexipack IPO
QIB (times)		157.32x
NII (times)	311.95x	690.72x
Big NII (times)
Small NII (times)
RII (times)	180.50x	448.73x
Employee (times)
Other (times)
Total (times)	256.55x	421.78x

Compare with others

Deem Roll Tech IPO	Purv Flexipack IPO
Pune E-Stock Broking IPO	V R Infraspace IPO
M.V.K.Agro Food Product IPO	Sona Machinery IPO
Owais Metal IPO	Pune E-Stock Broking IPO
Purv Flexipack IPO	M.V.K.Agro Food Product IPO
Sadhav Shipping IPO	Owais Metal IPO
Zenith Drugs IPO	Sadhav Shipping IPO
Esconet Technologies IPO	Deem Roll Tech IPO
Trust Fintech IPO	Zenith Drugs IPO
Interiors & More IPO	Esconet Technologies IPO
Atmastco IPO	Trust Fintech IPO