Denta Water IPO vs Stallion India Fluorochemicals IPO

Comparison between Denta Water IPO and Stallion India Fluorochemicals IPO.

IPO Details

Denta Water IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Stallion India Fluorochemicals IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Denta Water IPO is up to ₹220.50 Cr whereas the issue size of the Stallion India Fluorochemicals IPO is up to ₹199.45 Cr. The final issue price of Denta Water IPO is ₹294.00 per share and of Stallion India Fluorochemicals IPO is ₹90.00 per share.

 Denta Water IPOStallion India Fluorochemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹279.00 per share₹85.00 per share
Issue Price (Upper)₹294.00 per share₹90.00 per share
Issue Price (Final)₹294.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size50 shares165 shares
Fresh Issue Size75,00,000 shares1,78,58,740 shares
Fresh Issue Size (Amount)up to ₹220.50 Crup to ₹160.73 Cr
OFS Issue Size0 shares43,02,656 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹38.72 Cr
Issue Size Total75,00,000 shares2,21,61,396 shares
Issue Size Total (Amount)up to ₹220.50 Crup to ₹199.45 Cr

IPO Timetable

Denta Water IPO opens on Jan 22, 2025, while Stallion India Fluorochemicals IPO opens on Jan 16, 2025. The closing date of Denta Water IPO and Stallion India Fluorochemicals IPO is Jan 24, 2025, and Jan 20, 2025, respectively.

 Denta Water IPOStallion India Fluorochemicals IPO
Anchor Bid DateJan 21, 2025Jan 15, 2025
Issue OpenJan 22, 2025Jan 16, 2025
Issue CloseJan 24, 2025Jan 20, 2025
Basis Of Allotment (Tentative)Jan 27, 2025Jan 21, 2025
Initiation of Refunds (Tentative)Jan 28, 2025Jan 22, 2025
Credit of Share (Tentative)Jan 28, 2025Jan 22, 2025
Listing date (Tentative)Jan 29, 2025Jan 23, 2025
Anchor Lockin End date 1Feb 26, 2025Feb 20, 2025
Anchor Lockin End date 2Apr 27, 2025Apr 21, 2025

Financials & KPIs

Denta Water IPO P/E ratio is 9.45, as compared to Stallion India Fluorochemicals IPO P/E ratio of 37.41.

 Denta Water IPOStallion India Fluorochemicals IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets220.35219.85123.2860.64
Total Income98.51241.84175.75119.64
Profit After Tax24.2059.7350.1138.34
NET Worth188.46164.26104.5554.43
Reserves and Surplus169.26145.0699.7449.63
Total Borrowing0.710.861.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets235.69203.14126.1898.01
Total Income141.53236.23226.06186.34
Profit After Tax16.5714.799.7521.11
NET Worth134.53117.9670.7060.94
Total Borrowing81.0565.3518.271.97
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10094.63
Promoter Shareholding (Post-Issue)71.9167.9
P/E Ratio9.4537.41
Market Cap₹784.98 Cr.₹713.93 Cr.
ROE36.36%12.54%
ROCE76.99%13.96%
Debt/Equity0.010.55
EPS₹31.11₹2.41
RoNW36.36%12.54%

Shares Offered

In the Denta Water IPO Retail Individual Investors (RII) are offered 26,25,000 shares while in Stallion India Fluorochemicals IPO retail investors are offered 26,25,000 shares. Qualified Institutional Buyers (QIB) are offered 15,00,000 shares in Denta Water IPO and 44,32,279 shares in Stallion India Fluorochemicals IPO.

 Denta Water IPOStallion India Fluorochemicals IPO
Anchor Investor Reservation22,50,000 shares66,48,418 shares
Market Maker Reservation0 shares0 shares
QIB15,00,000 shares44,32,279 shares
NII11,25,000 shares33,24,210 shares
RII26,25,000 shares77,56,489 shares
Employee0 shares0 shares
Others
Total75,00,000 shares2,21,61,396 shares

Bids Received (Subscription)

Denta Water IPO subscribed 221.54x in total, whereas Stallion India Fluorochemicals IPO subscribed 188.32x.

 Denta Water IPOStallion India Fluorochemicals IPO
QIB (times)236.94x172.93x
NII (times)507.07x422.35x
Big NII (times)556.49x472.89x
Small NII (times)408.23x321.29x
RII (times)90.38x96.81x
Employee (times)
Other (times)
Total (times)221.54x188.32x

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Denta Water IPO Vs Stallion India Fluorochemicals IPO