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Astonea Labs IPO vs Srigee DLM IPO

Comparison between Astonea Labs IPO and Srigee DLM IPO.

IPO Details

Astonea Labs IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Srigee DLM IPO is a SME Bookbuilding proposed to list at BSE SME.

 Astonea Labs IPOSrigee DLM IPO
LogoAstonea Labs IPO LogoSrigee DLM IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersOneview Corporate Advisors Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerBasan Equity Broking Ltd.Globalworth Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Astonea Labs IPO is up to ₹35.72 Cr whereas the issue size of the Srigee DLM IPO is up to ₹16.12 Cr. The final issue price of Astonea Labs IPO is ₹135.00 per share and of Srigee DLM IPO is ₹99.00 per share.

 Astonea Labs IPOSrigee DLM IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹128.00 per share₹94.00 per share
Issue Price (Upper)₹135.00 per share₹99.00 per share
Issue Price (Final)₹135.00 per share₹99.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size26,46,000 shares16,28,400 shares
Fresh Issue Size (Amount)up to ₹35.72 Crup to ₹16.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,46,000 shares16,28,400 shares
Issue Size Total (Amount)up to ₹35.72 Crup to ₹16.12 Cr

IPO Timetable

Astonea Labs IPO opens on May 27, 2025, while Srigee DLM IPO opens on May 05, 2025. The closing date of Astonea Labs IPO and Srigee DLM IPO is May 29, 2025, and May 07, 2025, respectively.

 Astonea Labs IPOSrigee DLM IPO
Anchor Bid DateMay 26, 2025May 02, 2025
Issue OpenMay 27, 2025May 05, 2025
Issue CloseMay 29, 2025May 07, 2025
Basis Of Allotment (Tentative)May 30, 2025May 08, 2025
Initiation of Refunds (Tentative)Jun 02, 2025May 09, 2025
Credit of Share (Tentative)Jun 02, 2025May 09, 2025
Listing date (Tentative)Jun 03, 2025May 12, 2025
Anchor Lockin End date 1Jun 29, 2025Jun 07, 2025
Anchor Lockin End date 2Aug 28, 2025Aug 06, 2025

Financials & KPIs

Astonea Labs IPO P/E ratio is 27.36, as compared to Srigee DLM IPO P/E ratio of 13.62.

 Astonea Labs IPOSrigee DLM IPO
Financials

Astonea Labs Ltd Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets96.5280.8964.2852.91
Total Income69.6980.2967.2630.17
Profit After Tax4.103.810.670.25
Net Worth17.2811.978.167.49
Reserves and Surplus9.564.374.163.49
Total Borrowing49.4842.4035.9929.52
Amount in ₹ Crore

Srigee DLM Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets32.0224.9919.8916.23
Total Income54.4754.6547.2533.04
Profit After Tax3.773.12.811.13
Net Worth18.4614.6810.67.79
Reserves and Surplus14.210.38.795.97
Total Borrowing2.832.272.513.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.4263.44
Promoter Shareholding (Post-Issue)72.30
P/E Ratio27.3613.62
Market Cap₹141.90 Cr.₹59.14 Cr.
ROE37.86%24.49%
ROCE22.95%25.80%
Debt/Equity2.160.15
EPS₹4.93₹7.27
RoNW31.83%20.44%

Shares Offered

In the Astonea Labs IPO Retail Individual Investors (RII) are offered 9,27,000 shares while in Srigee DLM IPO retail investors are offered 9,27,000 shares. Qualified Institutional Buyers (QIB) are offered 5,30,000 shares in Astonea Labs IPO and 3,25,000 shares in Srigee DLM IPO.

 Astonea Labs IPOSrigee DLM IPO
Anchor Investor Reserveration7,90,000 shares4,84,800 shares
Market Maker Reserveration1,44,000 shares86,400 shares
QIB5,30,000 shares3,25,000 shares
NII3,99,000 shares2,46,000 shares
RII9,27,000 shares5,72,400 shares
Employee0 shares
Others
Total26,46,000 shares16,28,400 shares

Bids Received (Subscription)

Astonea Labs IPO subscribed 1.79x in total, whereas Srigee DLM IPO subscribed 490.93x.

 Astonea Labs IPOSrigee DLM IPO
QIB (times)0.70x136.52x
NII (times)5.60x1,534.66x
Big NII (times)
Small NII (times)
RII (times)1.69x243.71x
Employee (times)
Other (times)
Total (times)1.79x490.93x