Deccan Transcon Leasing IPO vs Sodhani Academy of Fintech IPO

Comparison between Deccan Transcon Leasing IPO and Sodhani Academy of Fintech IPO.

IPO Details

Deccan Transcon Leasing IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Academy of Fintech IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Deccan Transcon Leasing IPO is up to ₹61.50 Cr whereas the issue size of the Sodhani Academy of Fintech IPO is up to ₹5.81 Cr. The final issue price of Deccan Transcon Leasing IPO is ₹108.00 per share and of Sodhani Academy of Fintech IPO is ₹40.00 per share.

 Deccan Transcon Leasing IPOSodhani Academy of Fintech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹102.00 per share
Issue Price (Upper)₹108.00 per share
Issue Price (Final)₹108.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares3000 shares
Fresh Issue Size51,94,000 shares8,92,000 shares
Fresh Issue Size (Amount)up to ₹56.10 Crup to ₹3.57 Cr
OFS Issue Size5,00,000 shares5,60,000 shares
OFS Issue Size (Amount)up to ₹5.40 Crup to ₹2.24 Cr
Issue Size Total56,94,000 shares14,52,000 shares
Issue Size Total (Amount)up to ₹61.50 Crup to ₹5.81 Cr

IPO Timetable

Deccan Transcon Leasing IPO opens on Sep 13, 2024, while Sodhani Academy of Fintech IPO opens on Sep 12, 2024. The closing date of Deccan Transcon Leasing IPO and Sodhani Academy of Fintech IPO is Sep 19, 2024, and Sep 17, 2024, respectively.

 Deccan Transcon Leasing IPOSodhani Academy of Fintech IPO
Anchor Bid DateSep 12, 2024
Issue OpenSep 13, 2024Sep 12, 2024
Issue CloseSep 19, 2024Sep 17, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Sep 18, 2024
Initiation of Refunds (Tentative)Sep 23, 2024Sep 19, 2024
Credit of Share (Tentative)Sep 23, 2024Sep 19, 2024
Listing date (Tentative)Sep 24, 2024Sep 23, 2024
Anchor Lockin End date 1Oct 19, 2024
Anchor Lockin End date 2Dec 18, 2024

Financials & KPIs

Deccan Transcon Leasing IPO P/E ratio is 15.72, as compared to Sodhani Academy of Fintech IPO P/E ratio of 10.32.

 Deccan Transcon Leasing IPOSodhani Academy of Fintech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets77.2254.0839.25
Total Income153.64180.62153.19
Profit After Tax11.828.565.19
NET Worth32.2120.2812.08
Reserves and Surplus15.0118.089.88
Total Borrowing23.1017.759.90
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6.605.023.63
Total Income3.072.031.88
Profit After Tax1.831.391.24
NET Worth6.564.773.38
Reserves and Surplus1.843.423.11
Total Borrowing0.030.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.1799.99
Promoter Shareholding (Post-Issue)64.1373.12
P/E Ratio15.7210.32
Market Cap₹245.41 Cr.₹22.78 Cr.
ROE45.0327.91
ROCE41.4336.77
Debt/Equity0.72
EPS₹6.87₹3.88
RoNW36.6927.91

Shares Offered

In the Deccan Transcon Leasing IPO Retail Individual Investors (RII) are offered 19,93,200 shares while in Sodhani Academy of Fintech IPO retail investors are offered 19,93,200 shares. Qualified Institutional Buyers (QIB) are offered 14,46,000 shares in Deccan Transcon Leasing IPO and in Sodhani Academy of Fintech IPO.

 Deccan Transcon Leasing IPOSodhani Academy of Fintech IPO
Anchor Investor Reservation14,00,400 shares
Market Maker Reservation3,30,000 shares78,000 shares
QIB14,46,000 shares
NII8,54,400 shares7,26,000 shares
RII19,93,200 shares7,26,000 shares
Employee
Others
Total56,94,000 shares14,52,000 shares

Bids Received (Subscription)

Deccan Transcon Leasing IPO subscribed 77.36x in total, whereas Sodhani Academy of Fintech IPO subscribed 434.91x.

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