Comparison between Divyadhan Recycling IPO and Sahasra Electronic Solutions IPO.
Divyadhan Recycling IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sahasra Electronic Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.
| Divyadhan Recycling IPO | Sahasra Electronic Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Kantilal Chhaganlal Securities Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Divyadhan Recycling IPO is up to ₹22.89 Cr whereas the issue size of the Sahasra Electronic Solutions IPO is up to ₹176.83 Cr. The final issue price of Divyadhan Recycling IPO is ₹64.00 per share and of Sahasra Electronic Solutions IPO is ₹283.00 per share.
| Divyadhan Recycling IPO | Sahasra Electronic Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | ₹269.00 per share |
| Issue Price (Upper) | ₹64.00 per share | ₹283.00 per share |
| Issue Price (Final) | ₹64.00 per share | ₹283.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 400 shares |
| Fresh Issue Size | 35,76,000 shares | 57,48,400 shares |
| Fresh Issue Size (Amount) | up to ₹22.89 Cr | up to ₹162.68 Cr |
| OFS Issue Size | 0 shares | 5,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹14.15 Cr |
| Issue Size Total | 35,76,000 shares | 62,48,400 shares |
| Issue Size Total (Amount) | up to ₹22.89 Cr | up to ₹176.83 Cr |
Divyadhan Recycling IPO opens on Sep 26, 2024, while Sahasra Electronic Solutions IPO opens on Sep 26, 2024. The closing date of Divyadhan Recycling IPO and Sahasra Electronic Solutions IPO is Sep 30, 2024, and Sep 30, 2024, respectively.
| Divyadhan Recycling IPO | Sahasra Electronic Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Sep 25, 2024 |
| Issue Open | Sep 26, 2024 | Sep 26, 2024 |
| Issue Close | Sep 30, 2024 | Sep 30, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Oct 01, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Oct 03, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Oct 03, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Oct 04, 2024 |
| Anchor Lockin End date 1 | Nov 03, 2024 | Oct 31, 2024 |
| Anchor Lockin End date 2 | Jan 03, 2025 | Dec 30, 2024 |
Divyadhan Recycling IPO P/E ratio is 28.34, as compared to Sahasra Electronic Solutions IPO P/E ratio of 16.41.
| Divyadhan Recycling IPO | Sahasra Electronic Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Divyadhan Recycling Industries Limited Financial Information (Restated)Divyadhan Recycling Industries Limited's revenue increased by 2% and profit after tax (PAT) rose by 10% between the financial year ending with March 31, 2024 and March 31, 2023.
| Sahasra Electronics Solutions Limited Financial Information (Restated)Sahasra Electronics Solutions Limited's revenue increased by 866% and profit after tax (PAT) rose by 1315% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.06 | 95.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.24 | 69.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.34 | 16.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.56 Cr. | ₹707.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.42% | 54.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.76% | 42.50% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | 0.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.26 | ₹17.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.42% | 54.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divyadhan Recycling IPO Retail Individual Investors (RII) are offered 12,52,000 shares while in Sahasra Electronic Solutions IPO retail investors are offered 12,52,000 shares. Qualified Institutional Buyers (QIB) are offered 7,16,000 shares in Divyadhan Recycling IPO and 12,49,600 shares in Sahasra Electronic Solutions IPO.
| Divyadhan Recycling IPO | Sahasra Electronic Solutions IPO | |
|---|---|---|
| Anchor Investor Reserveration | 10,70,000 shares | 18,74,000 shares |
| Market Maker Reserveration | 2,00,000 shares | 3,29,600 shares |
| QIB | 7,16,000 shares | 12,49,600 shares |
| NII | 5,38,000 shares | 9,37,600 shares |
| RII | 12,52,000 shares | 21,87,200 shares |
| Employee | ||
| Others | ||
| Total | 35,76,000 shares | 62,48,400 shares |
Divyadhan Recycling IPO subscribed 40.93x in total, whereas Sahasra Electronic Solutions IPO subscribed 122.06x.
| Divyadhan Recycling IPO | Sahasra Electronic Solutions IPO | |
|---|---|---|
| QIB (times) | 29.39x | 100.80x |
| NII (times) | 76.03x | 260.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 32.43x | 74.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 40.93x | 122.06x |
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