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Diensten Tech IPO vs Sylvan Plyboard IPO

Comparison between Diensten Tech IPO and Sylvan Plyboard IPO.

IPO Details

Diensten Tech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sylvan Plyboard IPO is a SME Fixed Price proposed to list at NSE SME.

 Diensten Tech IPOSylvan Plyboard IPO
LogoDiensten Tech IPO LogoSylvan Plyboard IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersCorporate Professionals Capital Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerShare India Securities Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Diensten Tech IPO is up to ₹20.98 Cr whereas the issue size of the Sylvan Plyboard IPO is up to ₹26.64 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Sylvan Plyboard IPO is ₹55.00 per share.

 Diensten Tech IPOSylvan Plyboard IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size20,97,600 shares48,44,000 shares
Fresh Issue Size (Amount)up to ₹20.98 Crup to ₹26.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,97,600 shares48,44,000 shares
Issue Size Total (Amount)up to ₹20.98 Crup to ₹26.64 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Sylvan Plyboard IPO opens on Jun 24, 2024. The closing date of Diensten Tech IPO and Sylvan Plyboard IPO is Jun 28, 2024, and Jun 26, 2024, respectively.

 Diensten Tech IPOSylvan Plyboard IPO
Anchor Bid DateJun 25, 2024
Issue OpenJun 26, 2024Jun 24, 2024
Issue CloseJun 28, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jul 01, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jul 02, 2024Jun 28, 2024
Credit of Share (Tentative)Jul 02, 2024Jun 28, 2024
Listing date (Tentative)Jul 03, 2024Jul 01, 2024
Anchor Lockin End date 1Jul 31, 2024
Anchor Lockin End date 2Sep 29, 2024

Financials & KPIs

Diensten Tech IPO P/E ratio is 344.83, as compared to Sylvan Plyboard IPO P/E ratio of 22.25.

 Diensten Tech IPOSylvan Plyboard IPO
Financials

Diensten Tech Limited Financial Information (Restated)

Diensten Tech Limited's revenue increased by 4813.51% and profit after tax (PAT) rose by 1007.59% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,019.891,504.81203.66370.24
Total Income2,620.923,760.3176.53525.06
Profit After Tax-171.7016.061.45117.07
Net Worth253.34425.05139.99-111.72
Reserves and Surplus-351.92-180.21-196.27-197.72
Total Borrowing1,847.67280.00344.12
Amount in ₹ Lakhs

Sylvan Plyboard (India) Ltd Financial Information (Restated)

Sylvan Plyboard (India) Ltd's revenue increased by 15.17% and profit after tax (PAT) rose by 15.57% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets21,726.7420,398.4718,142.3216,550.83
Total Income16,193.2419,915.3217,292.6311,028.91
Profit After Tax447.98352.85305.3137.09
Net Worth9,456.778,811.788,283.267,977.95
Reserves and Surplus8,029.287,882.147,374.057,068.74
Total Borrowing6,454.535,500.554,579.244,701.16
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)95.5099.80
Promoter Shareholding (Post-Issue)69.9771.23
P/E Ratio344.8322.25
Market Cap₹106.56 Cr.
ROE-67.50%4.90%
ROCE-20.74%7.56%
Debt/Equity7.290.68
EPS₹0.29₹2.47
RoNW-67.77%4.74%

Shares Offered

In the Diensten Tech IPO Retail Individual Investors (RII) are offered 7,34,400 shares while in Sylvan Plyboard IPO retail investors are offered 7,34,400 shares. Qualified Institutional Buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and in Sylvan Plyboard IPO.

 Diensten Tech IPOSylvan Plyboard IPO
Anchor Investor Reserveration6,27,600 shares
Market Maker Reserveration1,10,400 shares2,56,000 shares
QIB4,20,000 shares
NII3,15,600 shares24,22,000 shares
RII7,34,400 shares24,22,000 shares
Employee
Others
Total20,97,600 shares48,44,000 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Sylvan Plyboard IPO subscribed 84.03x.

 Diensten Tech IPOSylvan Plyboard IPO
QIB (times)9.60x
NII (times)154.99x75.42x
Big NII (times)
Small NII (times)
RII (times)35.87x84.11x
Employee (times)
Other (times)
Total (times)53.94x84.03x