DCG Cables IPO vs Ramdevbaba Solvent IPO

Comparison between DCG Cables IPO and Ramdevbaba Solvent IPO.

IPO Details

DCG Cables IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ramdevbaba Solvent IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of DCG Cables IPO is up to ₹47.47 Cr whereas the issue size of the Ramdevbaba Solvent IPO is up to ₹47.60 Cr. The final issue price of DCG Cables IPO is ₹100.00 per share and of Ramdevbaba Solvent IPO is ₹85.00 per share.

 DCG Cables IPORamdevbaba Solvent IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹85.00 per share
Issue Price (Final)₹100.00 per share₹85.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size47,47,200 shares56,00,000 shares
Fresh Issue Size (Amount)up to ₹47.47 Crup to ₹47.60 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,47,200 shares56,00,000 shares
Issue Size Total (Amount)up to ₹47.47 Crup to ₹47.60 Cr

IPO Timetable

DCG Cables IPO opens on Apr 08, 2024, while Ramdevbaba Solvent IPO opens on Apr 15, 2024. The closing date of DCG Cables IPO and Ramdevbaba Solvent IPO is Apr 10, 2024, and Apr 18, 2024, respectively.

 DCG Cables IPORamdevbaba Solvent IPO
Anchor Bid DateApr 12, 2024
Issue OpenApr 08, 2024Apr 15, 2024
Issue CloseApr 10, 2024Apr 18, 2024
Basis Of Allotment (Tentative)Apr 12, 2024Apr 19, 2024
Initiation of Refunds (Tentative)Apr 15, 2024Apr 22, 2024
Credit of Share (Tentative)Apr 15, 2024Apr 22, 2024
Listing date (Tentative)Apr 16, 2024Apr 23, 2024
Anchor Lockin End date 1May 19, 2024
Anchor Lockin End date 2Jul 18, 2024

Financials & KPIs

DCG Cables IPO P/E ratio is 76.34, as compared to Ramdevbaba Solvent IPO P/E ratio of 10.6.

 DCG Cables IPORamdevbaba Solvent IPO
Financials

Company Financials (Restated Consolidated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets61.5235.64
Total Income76.3954.55
Profit After Tax8.471.720.370.10
NET Worth23.6715.344.440.13
Reserves and Surplus10.522.18
Total Borrowing25.7018.126.350.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets203.41190.63131.35101.25
Total Income465.70704.33585.25427.17
Profit After Tax8.2913.006.596.17
NET Worth68.5747.8334.8328.24
Reserves and Surplus52.3643.2530.2423.65
Total Borrowing99.9999.2364.8644.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0081.01
Promoter Shareholding (Post-Issue)72.45
P/E Ratio76.3410.6
Market Cap₹181.50 Cr.₹188.07 Cr.
ROE35.92%
ROCE59.10%10.76%
Debt/Equity1.091.46
EPS₹1.31₹8.02
RoNW35.79%14.24%

Shares Offered

In the DCG Cables IPO Retail Individual Investors (RII) are offered 23,73,600 shares while in Ramdevbaba Solvent IPO retail investors are offered 23,73,600 shares. Qualified Institutional Buyers (QIB) are offered in DCG Cables IPO and 11,20,000 shares in Ramdevbaba Solvent IPO.

 DCG Cables IPORamdevbaba Solvent IPO
Anchor Investor Reservation16,80,000 shares
Market Maker Reservation2,52,000 shares3,13,600 shares
QIB11,20,000 shares
NII23,73,600 shares8,40,000 shares
RII23,73,600 shares19,60,000 shares
Employee
Others
Total47,47,200 shares56,00,000 shares

Bids Received (Subscription)

DCG Cables IPO subscribed 16.96x in total, whereas Ramdevbaba Solvent IPO subscribed 126.21x.

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