D P Wires IPO vs R M Drip IPO

Comparison between D P Wires IPO and R M Drip IPO.

IPO Details

D P Wires IPO is a SME Bookbuilding IPO proposed to list at NSE SME while R M Drip IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of D P Wires IPO is up to ₹25.51 Cr whereas the issue size of the R M Drip IPO is up to ₹10.83 Cr. The final issue price of D P Wires IPO is ₹75.00 per share and of R M Drip IPO is ₹57.00 per share.

 D P Wires IPOR M Drip IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹57.00 per share
Issue Price (Final)₹75.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size34,01,600 shares19,00,000 shares
Fresh Issue Size (Amount)up to ₹25.51 Crup to ₹10.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,01,600 shares19,00,000 shares
Issue Size Total (Amount)up to ₹25.51 Crup to ₹10.83 Cr

IPO Timetable

D P Wires IPO opens on Sep 21, 2017, while R M Drip IPO opens on Sep 19, 2017. The closing date of D P Wires IPO and R M Drip IPO is Sep 26, 2017, and Sep 25, 2017, respectively.

 D P Wires IPOR M Drip IPO
Issue OpenSep 21, 2017Sep 19, 2017
Issue CloseSep 26, 2017Sep 25, 2017
Basis Of Allotment (Tentative)Sep 29, 2017Sep 28, 2017
Listing date (Tentative)Oct 05, 2017Oct 04, 2017

Financials & KPIs

D P Wires IPO P/E ratio is , as compared to R M Drip IPO P/E ratio of .

 D P Wires IPOR M Drip IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets81.3668.4850.27
Total Income196.83160.06139.13
Profit After Tax5.002.191.67
Reserves and Surplus25.3420.3418.16
Total Borrowing30.3523.717.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets23.7310.305.19
Total Income28.7311.795.79
Profit After Tax1.360.320.24
NET Worth3.882.521.28
Reserves and Surplus1.501.120.80
Total Borrowing11.423.842.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.09%
Promoter Shareholding (Post-Issue)69.23%
Market Cap₹101.76 Cr.₹38.13 Cr.

Shares Offered

In the D P Wires IPO Retail Individual Investors (RII) are offered 17,00,800 shares while in R M Drip IPO retail investors are offered 17,00,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in D P Wires IPO and in R M Drip IPO.

 D P Wires IPOR M Drip IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,82,400 shares1,10,000 shares
QIB0 shares
NII17,00,800 shares9,50,000 shares
RII17,00,800 shares9,50,000 shares
Employee0 shares
Total34,01,600 shares19,00,000 shares

Bids Received (Subscription)

D P Wires IPO subscribed 1.58x in total, whereas R M Drip IPO subscribed 1.27x.

 D P Wires IPOR M Drip IPO
NII (times)2.45x1.53x
RII (times)0.71x1.00x
Total (times)1.58x1.27x

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D P Wires IPO Vs R M Drip IPO