Diksha Greens IPO vs Shubhlaxmi Jewel Art IPO

Comparison between Diksha Greens IPO and Shubhlaxmi Jewel Art IPO.

IPO Details

Diksha Greens IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shubhlaxmi Jewel Art IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Diksha Greens IPO is up to ₹12.65 Cr whereas the issue size of the Shubhlaxmi Jewel Art IPO is up to ₹6.18 Cr. The final issue price of Diksha Greens IPO is ₹30.00 per share and of Shubhlaxmi Jewel Art IPO is ₹26.00 per share.

 Diksha Greens IPOShubhlaxmi Jewel Art IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size42,16,000 shares23,76,000 shares
Fresh Issue Size (Amount)up to ₹12.65 Crup to ₹6.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,16,000 shares23,76,000 shares
Issue Size Total (Amount)up to ₹12.65 Crup to ₹6.18 Cr

IPO Timetable

Diksha Greens IPO opens on Nov 26, 2018, while Shubhlaxmi Jewel Art IPO opens on Nov 22, 2018. The closing date of Diksha Greens IPO and Shubhlaxmi Jewel Art IPO is Nov 28, 2018, and Nov 27, 2018, respectively.

 Diksha Greens IPOShubhlaxmi Jewel Art IPO
Issue OpenNov 26, 2018Nov 22, 2018
Issue CloseNov 28, 2018Nov 27, 2018
Basis Of Allotment (Tentative)Nov 30, 2018
Listing date (Tentative)Dec 05, 2018Dec 04, 2018

Financials & KPIs

Diksha Greens IPO P/E ratio is , as compared to Shubhlaxmi Jewel Art IPO P/E ratio of .

 Diksha Greens IPOShubhlaxmi Jewel Art IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets30.9524.6532.3118.50
Total Income12.5641.8354.4754.23
Profit After Tax0.410.550.640.46
NET Worth11.8111.39
Reserves and Surplus6.3810.9010.359.71
Total Borrowing18.8210.937.113.88
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 May 201831 Mar 201831 Mar 201731 Mar 2016
Assets17.7317.8214.8015.43
Total Income2.0446.8543.4447.43
Profit After Tax0.040.820.650.37
EBITDA0.392.642.622.44
NET Worth5.845.554.013.26
Reserves and Surplus0.04
Total Borrowing8.188.698.328.85
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)55%69.85%
Market Cap₹29.60 Cr.₹21.59 Cr.

Shares Offered

In the Diksha Greens IPO Retail Individual Investors (RII) are offered 21,08,000 shares while in Shubhlaxmi Jewel Art IPO retail investors are offered 21,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Diksha Greens IPO and 0 shares in Shubhlaxmi Jewel Art IPO.

 Diksha Greens IPOShubhlaxmi Jewel Art IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,24,000 shares1,28,000 shares
QIB0 shares0 shares
NII21,08,000 shares11,88,000 shares
RII21,08,000 shares11,88,000 shares
Employee0 shares0 shares
Total42,16,000 shares23,76,000 shares

Bids Received (Subscription)

Diksha Greens IPO subscribed 1.03x in total, whereas Shubhlaxmi Jewel Art IPO subscribed 4.22x.

 Diksha Greens IPOShubhlaxmi Jewel Art IPO
NII (times)1.99x3.03x
RII (times)0.07x5.41x
Total (times)1.03x4.22x

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Diksha Greens IPO Vs Shubhlaxmi Jewel Art IPO