De Neers Tools IPO vs Remus Pharmaceuticals IPO

Comparison between De Neers Tools IPO and Remus Pharmaceuticals IPO.

IPO Details

De Neers Tools IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Remus Pharmaceuticals IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of De Neers Tools IPO is up to ₹21.83 Cr whereas the issue size of the Remus Pharmaceuticals IPO is up to ₹45.29 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Remus Pharmaceuticals IPO is ₹1,229.00 per share.

 De Neers Tools IPORemus Pharmaceuticals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹1,150.00 per share
Issue Price (Upper)₹101.00 per share₹1,229.00 per share
Issue Price (Final)₹101.00 per share₹1,229.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares100 shares
Fresh Issue Size21,61,200 shares3,68,500 shares
Fresh Issue Size (Amount)up to ₹21.83 Crup to ₹45.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,61,200 shares3,68,500 shares
Issue Size Total (Amount)up to ₹21.83 Crup to ₹45.29 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Remus Pharmaceuticals IPO opens on May 17, 2023. The closing date of De Neers Tools IPO and Remus Pharmaceuticals IPO is May 03, 2023, and May 19, 2023, respectively.

 De Neers Tools IPORemus Pharmaceuticals IPO
Anchor Bid DateMay 16, 2023
Issue OpenApr 28, 2023May 17, 2023
Issue CloseMay 03, 2023May 19, 2023
Basis Of Allotment (Tentative)May 08, 2023May 24, 2023
Initiation of Refunds (Tentative)May 09, 2023May 25, 2023
Credit of Share (Tentative)May 10, 2023May 26, 2023
Listing date (Tentative)May 11, 2023May 29, 2023
Anchor Lockin End date 1Jun 23, 2023
Anchor Lockin End date 2Aug 22, 2023

Financials & KPIs

De Neers Tools IPO P/E ratio is , as compared to Remus Pharmaceuticals IPO P/E ratio of 21.09.

 De Neers Tools IPORemus Pharmaceuticals IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 202231 Mar 202231 Mar 202131 Mar 2020
Assets125.5899.3461.1155.70
Total Income56.0380.0962.1273.50
Profit After Tax3.875.040.660.44
NET Worth30.4423.823.207.04
Reserves and Surplus4.116.543.177.13
Total Borrowing24.0624.3611.484.85
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets33.5315.9111.055.30
Total Income33.6125.4419.2212.77
Profit After Tax6.443.391.030.81
NET Worth17.126.433.052.02
Reserves and Surplus16.045.433.042.01
Total Borrowing9.470.190.280.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.1492.82
Promoter Shareholding (Post-Issue)68.37
P/E Ratio21.09
Market Cap₹86.92 Cr.₹181.03 Cr.
ROE71.44
ROCE69.99
Debt/Equity0.03
EPS₹7.97₹33.86
RoNW21.1752.64

Shares Offered

In the De Neers Tools IPO Retail Individual Investors (RII) are offered 7,57,200 shares while in Remus Pharmaceuticals IPO retail investors are offered 7,57,200 shares. Qualified Institutional Buyers (QIB) are offered 10,78,800 shares in De Neers Tools IPO and 73,700 shares in Remus Pharmaceuticals IPO.

 De Neers Tools IPORemus Pharmaceuticals IPO
Anchor Investor Reservation1,10,500 shares
Market Maker Reservation1,15,200 shares19,500 shares
QIB10,78,800 shares73,700 shares
NII3,25,200 shares55,300 shares
RII7,57,200 shares1,29,000 shares
Employee
Others
Total21,61,200 shares3,68,500 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.04x in total, whereas Remus Pharmaceuticals IPO subscribed 57.21x.

Compare with others

Compare: