Comparison between Dharmaj Crop Guard IPO and Sula Vineyards IPO.
Dharmaj Crop Guard IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sula Vineyards IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Dharmaj Crop Guard IPO is up to ₹251.09 Cr whereas the issue size of the Sula Vineyards IPO is up to ₹960.35 Cr. The final issue price of Dharmaj Crop Guard IPO is ₹237.00 per share and of Sula Vineyards IPO is ₹357.00 per share.
| Dharmaj Crop Guard IPO | Sula Vineyards IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹216.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹237.00 per share | ₹357.00 per share |
| Issue Price (Final) | ₹237.00 per share | ₹357.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 60 shares | 42 shares |
| Fresh Issue Size | 91,13,924 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹215.95 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 14,83,000 shares | 2,69,00,530 shares |
| OFS Issue Size (Amount) | up to ₹35.14 Cr | up to ₹960.35 Cr |
| Issue Size Total | 1,05,96,924 shares | 2,69,00,530 shares |
| Issue Size Total (Amount) | up to ₹251.09 Cr | up to ₹960.35 Cr |
Dharmaj Crop Guard IPO opens on Nov 28, 2022, while Sula Vineyards IPO opens on Dec 12, 2022. The closing date of Dharmaj Crop Guard IPO and Sula Vineyards IPO is Nov 30, 2022, and Dec 14, 2022, respectively.
| Dharmaj Crop Guard IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Bid Date | Nov 25, 2022 | Dec 09, 2022 |
| Issue Open | Nov 28, 2022 | Dec 12, 2022 |
| Issue Close | Nov 30, 2022 | Dec 14, 2022 |
| Basis Of Allotment (Tentative) | Dec 05, 2022 | Dec 19, 2022 |
| Initiation of Refunds (Tentative) | Dec 06, 2022 | Dec 20, 2022 |
| Credit of Share (Tentative) | Dec 06, 2022 | Dec 21, 2022 |
| Listing date (Tentative) | Dec 08, 2022 | Dec 22, 2022 |
| Anchor Lockin End date 1 | Jan 04, 2023 | Jan 18, 2023 |
| Anchor Lockin End date 2 | Mar 05, 2023 | Mar 19, 2023 |
Dharmaj Crop Guard IPO P/E ratio is 14.55, as compared to Sula Vineyards IPO P/E ratio of 49.24.
| Dharmaj Crop Guard IPO | Sula Vineyards IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 28.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.64 | 27.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.55 | 49.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹801.00 Cr. | ₹3005.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.64 | 13.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.87 | 20.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 0.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.62 | ₹6.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.64 | 11.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dharmaj Crop Guard IPO Retail Individual Investors (RII) are offered 36,89,674 shares while in Sula Vineyards IPO retail investors are offered 36,89,674 shares. Qualified Institutional Buyers (QIB) are offered 21,08,421 shares in Dharmaj Crop Guard IPO and 53,80,106 shares in Sula Vineyards IPO.
| Dharmaj Crop Guard IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,62,540 shares | 80,70,158 shares |
| Market Maker Reservation | ||
| QIB | 21,08,421 shares | 53,80,106 shares |
| NII | 15,81,289 shares | 40,35,080 shares |
| RII | 36,89,674 shares | 94,15,186 shares |
| Employee | 55,000 shares | |
| Others | ||
| Total | 1,05,96,924 shares | 2,69,00,530 shares |
Dharmaj Crop Guard IPO subscribed 35.49x in total, whereas Sula Vineyards IPO subscribed 2.33x.
| Dharmaj Crop Guard IPO | Sula Vineyards IPO | |
|---|---|---|
| QIB (times) | 48.21x | 4.13x |
| NII (times) | 52.29x | 1.51x |
| Big NII (times) | 52.97x | 1.69x |
| Small NII (times) | 50.93x | 1.15x |
| RII (times) | 21.53x | 1.65x |
| Employee (times) | 7.48x | |
| Other (times) | ||
| Total (times) | 35.49x | 2.33x |
