Comparison between Divine Power Energy IPO and Shivalic Power Control IPO.
Divine Power Energy IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shivalic Power Control IPO is a SME Bookbuilding proposed to list at NSE SME.
| Divine Power Energy IPO | Shivalic Power Control IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | SS Corporate Securities 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 Divine Power Energy IPO is up to ₹21.60 Cr whereas the issue size of the Shivalic Power Control IPO is up to ₹60.96 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Shivalic Power Control IPO is ₹100.00 per share.
| Divine Power Energy IPO | Shivalic Power Control IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹40.00 per share | ₹100.00 per share |
| Issue Price (Final) | ₹40.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 54,00,000 shares | 60,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.60 Cr | up to ₹60.96 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 | 54,00,000 shares | 60,96,000 shares |
| Issue Size Total (Amount) | up to ₹21.60 Cr | up to ₹60.96 Cr |
Divine Power Energy IPO opens on Jun 25, 2024, while Shivalic Power Control IPO opens on Jun 24, 2024. The closing date of Divine Power Energy IPO and Shivalic Power Control IPO is Jun 27, 2024, and Jun 26, 2024, respectively.
| Divine Power Energy IPO | Shivalic Power Control IPO | |
|---|---|---|
| Anchor Bid Date | Jun 24, 2024 | Jun 21, 2024 |
| Issue Open | Jun 25, 2024 | Jun 24, 2024 |
| Issue Close | Jun 27, 2024 | Jun 26, 2024 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Jun 27, 2024 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Jun 28, 2024 |
| Credit of Share (Tentative) | Jul 01, 2024 | Jun 28, 2024 |
| Listing date (Tentative) | Jul 02, 2024 | Jul 01, 2024 |
| Anchor Lockin End date 1 | Jul 28, 2024 | Jul 27, 2024 |
| Anchor Lockin End date 2 | Sep 26, 2024 | Sep 25, 2024 |
Divine Power Energy IPO P/E ratio is 9.85, as compared to Shivalic Power Control IPO P/E ratio of 24.69.
| Divine Power Energy IPO | Shivalic Power Control IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Divine Power Energy Limited Financial Information (Restated)Divine Power Energy Limited's revenue increased by 47.65% and profit after tax (PAT) rose by 124.82% between the financial year ending with March 31, 2024 and March 31, 2023.
| Shivalic Power Control Limited Financial Information (Restated)Shivalic Power Control Limited's revenue increased by 44.03% and profit after tax (PAT) rose by 309.78% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 96.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.85 | 24.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹85.88 Cr. | ₹241.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.06% | 28.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.25% | 19.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.26 | 1.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹4.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.06% | 28.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Shivalic Power Control IPO retail investors are offered 18,90,000 shares. Qualified Institutional Buyers (QIB) are offered 10,80,000 shares in Divine Power Energy IPO and 12,19,200 shares in Shivalic Power Control IPO.
| Divine Power Energy IPO | Shivalic Power Control IPO | |
|---|---|---|
| Anchor Investor Reserveration | 16,20,000 shares | 18,28,800 shares |
| Market Maker Reserveration | 2,88,000 shares | 3,36,000 shares |
| QIB | 10,80,000 shares | 12,19,200 shares |
| NII | 8,10,000 shares | 9,14,400 shares |
| RII | 18,90,000 shares | 21,33,600 shares |
| Employee | ||
| Others | ||
| Total | 54,00,000 shares | 60,96,000 shares |
Divine Power Energy IPO subscribed 393.67x in total, whereas Shivalic Power Control IPO subscribed 257.24x.
| Divine Power Energy IPO | Shivalic Power Control IPO | |
|---|---|---|
| QIB (times) | 135.84x | 170.32x |
| NII (times) | 473.74x | 436.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 507.94x | 230.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 393.67x | 257.24x |
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