Comparison between Ducol Organics IPO and Rex Sealing IPO.
IPO Details
Ducol Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rex Sealing IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Ducol Organics IPO is up to ₹28.38 Cr whereas the issue size of the Rex Sealing IPO is up to ₹7.64 Cr. The final issue price of Ducol Organics IPO is ₹78.00 per share and of Rex Sealing IPO is ₹135.00 per share.
| | Ducol Organics IPO | Rex Sealing IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹78.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 36,38,400 shares | 2,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹28.38 Cr | up to ₹3.60 Cr |
| OFS Issue Size | 0 shares | 2,99,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.04 Cr |
| Issue Size Total | 36,38,400 shares | 5,66,000 shares |
| Issue Size Total (Amount) | up to ₹28.38 Cr | up to ₹7.64 Cr |
IPO Timetable
Ducol Organics IPO opens on Jan 09, 2023, while Rex Sealing IPO opens on Dec 30, 2022. The closing date of Ducol Organics IPO and Rex Sealing IPO is Jan 11, 2023, and Jan 04, 2023, respectively.
| | Ducol Organics IPO | Rex Sealing IPO |
|---|
| Issue Open | Jan 09, 2023 | Dec 30, 2022 |
| Issue Close | Jan 11, 2023 | Jan 04, 2023 |
| Basis Of Allotment (Tentative) | Jan 16, 2023 | Jan 09, 2023 |
| Initiation of Refunds (Tentative) | Jan 17, 2023 | Jan 10, 2023 |
| Credit of Share (Tentative) | Jan 18, 2023 | Jan 11, 2023 |
| Listing date (Tentative) | Jan 19, 2023 | Jan 12, 2023 |
Financials & KPIs
Ducol Organics IPO P/E ratio is 13.59, as compared to Rex Sealing IPO P/E ratio of 19.62.
Shares Offered
In the Ducol Organics IPO Retail Individual Investors (RII) are offered 18,19,200 shares while in Rex Sealing IPO retail investors are offered 18,19,200 shares. Qualified Institutional Buyers (QIB) are offered in Ducol Organics IPO and 0 shares in Rex Sealing IPO.
| | Ducol Organics IPO | Rex Sealing IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 4,01,600 shares | 33,000 shares |
| QIB | | 0 shares |
| NII | 18,19,200 shares | 2,83,000 shares |
| RII | 18,19,200 shares | 2,83,000 shares |
| Employee | | 0 shares |
| Total | 36,38,400 shares | 5,66,000 shares |
Bids Received (Subscription)
Ducol Organics IPO subscribed 44.63x in total, whereas Rex Sealing IPO subscribed 2.65x.