Denta Water IPO vs Quadrant Future Tek IPO

Comparison between Denta Water IPO and Quadrant Future Tek IPO.

IPO Details

Denta Water IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quadrant Future Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Denta Water IPO is up to ₹220.50 Cr whereas the issue size of the Quadrant Future Tek IPO is up to ₹290.00 Cr. The final issue price of Denta Water IPO is ₹294.00 per share and of Quadrant Future Tek IPO is ₹290.00 per share.

 Denta Water IPOQuadrant Future Tek IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹279.00 per share₹275.00 per share
Issue Price (Upper)₹294.00 per share₹290.00 per share
Issue Price (Final)₹294.00 per share₹290.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size50 shares50 shares
Fresh Issue Size75,00,000 shares1,00,00,000 shares
Fresh Issue Size (Amount)up to ₹220.50 Crup to ₹290.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total75,00,000 shares1,00,00,000 shares
Issue Size Total (Amount)up to ₹220.50 Crup to ₹290.00 Cr

IPO Timetable

Denta Water IPO opens on Jan 22, 2025, while Quadrant Future Tek IPO opens on Jan 07, 2025. The closing date of Denta Water IPO and Quadrant Future Tek IPO is Jan 24, 2025, and Jan 09, 2025, respectively.

 Denta Water IPOQuadrant Future Tek IPO
Anchor Bid DateJan 21, 2025Jan 06, 2025
Issue OpenJan 22, 2025Jan 07, 2025
Issue CloseJan 24, 2025Jan 09, 2025
Basis Of Allotment (Tentative)Jan 27, 2025Jan 10, 2025
Initiation of Refunds (Tentative)Jan 28, 2025Jan 13, 2025
Credit of Share (Tentative)Jan 28, 2025Jan 13, 2025
Listing date (Tentative)Jan 29, 2025Jan 14, 2025
Anchor Lockin End date 1Feb 26, 2025Feb 08, 2025
Anchor Lockin End date 2Apr 27, 2025Apr 09, 2025

Financials & KPIs

Denta Water IPO P/E ratio is 9.45, as compared to Quadrant Future Tek IPO P/E ratio of 59.13.

 Denta Water IPOQuadrant Future Tek IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets220.35219.85123.2860.64
Total Income98.51241.84175.75119.64
Profit After Tax24.2059.7350.1138.34
NET Worth188.46164.26104.5554.43
Reserves and Surplus169.26145.0699.7449.63
Total Borrowing0.710.861.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets149.66142.82118.82112.77
Total Income65.14151.82152.95104.29
Profit After Tax-12.1114.7113.901.94
NET Worth34.1844.1129.4215.61
Reserves and Surplus4.1834.1119.425.61
Total Borrowing98.0181.6174.0080.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10093.33
Promoter Shareholding (Post-Issue)71.9170
P/E Ratio9.4559.13
Market Cap₹784.98 Cr.₹1160.00 Cr.
ROE36.36%33.41%
ROCE76.99%26.12%
Debt/Equity0.011.86
EPS₹31.11₹4.90
RoNW36.36%33.41%

Shares Offered

In the Denta Water IPO Retail Individual Investors (RII) are offered 26,25,000 shares while in Quadrant Future Tek IPO retail investors are offered 26,25,000 shares. Qualified Institutional Buyers (QIB) are offered 15,00,000 shares in Denta Water IPO and 30,00,000 shares in Quadrant Future Tek IPO.

 Denta Water IPOQuadrant Future Tek IPO
Anchor Investor Reservation22,50,000 shares45,00,000 shares
Market Maker Reservation0 shares0 shares
QIB15,00,000 shares30,00,000 shares
NII11,25,000 shares15,00,000 shares
RII26,25,000 shares10,00,000 shares
Employee0 shares0 shares
Others
Total75,00,000 shares1,00,00,000 shares

Bids Received (Subscription)

Denta Water IPO subscribed 221.54x in total, whereas Quadrant Future Tek IPO subscribed 195.96x.

 Denta Water IPOQuadrant Future Tek IPO
QIB (times)236.94x139.77x
NII (times)507.07x268.03x
Big NII (times)556.49x274.25x
Small NII (times)408.23x255.57x
RII (times)90.38x256.46x
Employee (times)
Other (times)
Total (times)221.54x195.96x

Compare with others

Compare:

Denta Water IPO Vs Quadrant Future Tek IPO