De Neers Tools IPO vs Sancode Technologies IPO

Comparison between De Neers Tools IPO and Sancode Technologies IPO.

IPO Details

De Neers Tools IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sancode Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

	De Neers Tools IPO	Sancode Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	BSE SME
Lead Managers	Share India Capital Services Pvt.Ltd.	Shreni Shares Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Share India Securities Ltd.	Shreni Shares Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 Sancode Technologies IPO is up to ₹4.88 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Sancode Technologies IPO is ₹47.00 per share.

	De Neers Tools IPO	Sancode Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share
Issue Price (Upper)	₹101.00 per share
Issue Price (Final)	₹101.00 per share	₹47.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	21,61,200 shares	10,38,000 shares
Fresh Issue Size (Amount)	up to ₹21.83 Cr	up to ₹4.88 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	21,61,200 shares	10,38,000 shares
Issue Size Total (Amount)	up to ₹21.83 Cr	up to ₹4.88 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Sancode Technologies IPO opens on Mar 31, 2023. The closing date of De Neers Tools IPO and Sancode Technologies IPO is May 03, 2023, and Apr 06, 2023, respectively.

	De Neers Tools IPO	Sancode Technologies IPO
Anchor Bid Date
Issue Open	Apr 28, 2023	Mar 31, 2023
Issue Close	May 03, 2023	Apr 06, 2023
Basis Of Allotment (Tentative)	May 08, 2023	Apr 12, 2023
Initiation of Refunds (Tentative)	May 09, 2023	Apr 13, 2023
Credit of Share (Tentative)	May 10, 2023	Apr 17, 2023
Listing date (Tentative)	May 11, 2023	Apr 18, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

De Neers Tools IPO P/E ratio is , as compared to Sancode Technologies IPO P/E ratio of 10.71.

De Neers Tools IPO

Sancode Technologies IPO

Financials

De Neers Tools Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	5,570.44	7,349.62	43.94	704.24	712.87	484.58
31-Mar-21	6,111.28	6,211.77	65.77	320.47	317.42	1,147.84
31-Mar-22	9,933.52	8,008.68	504.42	2,382.27	654.27	2,435.85
31-Oct-22	12,558.14	5,602.65	386.98	3,044.13	411.13	2,406.42
Amount in ₹ Lakhs

Sancode Technologies Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	330.45	43.08	-112.98	220.83	197.95	0.22
31-Mar-21	313.96	159.74	-26.17	223.56	200.69	63.73
31-Mar-22	349.87	244.81	75.12	287.07	264.19	20.76
30-Sep-22	481.26	180.62	89.36	367.54	344.67	21.20
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.14

97.47

Promoter Shareholding (Post-Issue)

71.24

P/E Ratio

10.71

Market Cap

₹19.12 Cr.

ROE

ROCE

Debt/Equity

EPS

₹7.97

RoNW

21.17%

Shares Offered

In the De Neers Tools IPO Retail Individual Investors (RII) are offered 7,57,200 shares while in Sancode Technologies 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 in Sancode Technologies IPO.

	De Neers Tools IPO	Sancode Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,15,200 shares	57,000 shares
QIB	10,78,800 shares
NII	3,25,200 shares	5,19,000 shares
RII	7,57,200 shares	5,19,000 shares
Employee
Others
Total	21,61,200 shares	10,38,000 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.04x in total, whereas Sancode Technologies IPO subscribed 3.68x.

	De Neers Tools IPO	Sancode Technologies IPO
QIB (times)	3.72x
NII (times)	60.16x	3.98x
Big NII (times)
Small NII (times)
RII (times)	11.88x	3.39x
Employee (times)
Other (times)
Total (times)	15.04x	3.68x

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