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Davin Sons Retail IPO vs Technichem Organics IPO

Comparison between Davin Sons Retail IPO and Technichem Organics IPO.

IPO Details

Davin Sons Retail IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Technichem Organics IPO is a SME Bookbuilding proposed to list at BSE SME.

 Davin Sons Retail IPOTechnichem Organics IPO
LogoDavin Sons Retail IPO LogoTechnichem Organics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Shreni Shares Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Shreni Shares 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 Davin Sons Retail IPO is up to ₹8.34 Cr whereas the issue size of the Technichem Organics IPO is up to ₹23.86 Cr. The final issue price of Davin Sons Retail IPO is ₹55.00 per share and of Technichem Organics IPO is ₹55.00 per share.

 Davin Sons Retail IPOTechnichem Organics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹52.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size15,16,000 shares43,38,000 shares
Fresh Issue Size (Amount)up to ₹8.34 Crup to ₹23.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,16,000 shares43,38,000 shares
Issue Size Total (Amount)up to ₹8.34 Crup to ₹23.86 Cr

IPO Timetable

Davin Sons Retail IPO opens on Jan 02, 2025, while Technichem Organics IPO opens on Dec 31, 2024. The closing date of Davin Sons Retail IPO and Technichem Organics IPO is Jan 06, 2025, and Jan 02, 2025, respectively.

 Davin Sons Retail IPOTechnichem Organics IPO
Anchor Bid DateDec 30, 2024
Issue OpenJan 02, 2025Dec 31, 2024
Issue CloseJan 06, 2025Jan 02, 2025
Basis Of Allotment (Tentative)Jan 07, 2025Jan 03, 2025
Initiation of Refunds (Tentative)Jan 08, 2025Jan 06, 2025
Credit of Share (Tentative)Jan 08, 2025Jan 06, 2025
Listing date (Tentative)Jan 09, 2025Jan 07, 2025
Anchor Lockin End date 1Feb 02, 2025
Anchor Lockin End date 2Apr 03, 2025

Financials & KPIs

Davin Sons Retail IPO P/E ratio is 12.29, as compared to Technichem Organics IPO P/E ratio of 14.81.

 Davin Sons Retail IPOTechnichem Organics IPO
Financials

Davin Sons Retail Limited Financial Information (Restated Consolidated)

Davin Sons Retail Limited's revenue increased by 242% and profit after tax (PAT) rose by 190% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,036.2883.12455.975
Total Income634.11,339.16391.33
Profit After Tax73.59164.0556.62
Net Worth627.78554.65109.37
Total Borrowing194.4524128.15
Amount in ₹ Lakhs

Technichem Organics Limited Financial Information (Restated)

Technichem Organics Limited's revenue decreased by -8% and profit after tax (PAT) rose by 173% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets5,743.175,247.324,424.634,416.56
Total Income1,487.894,696.845,101.976,778.63
Profit After Tax140.46472.68172.93342.06
Net Worth2,102.51,962.041,489.361,316.43
Reserves and Surplus829.371,707.421,234.741,061.81
Total Borrowing1,658.311,763.941,562.151,017.26
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)90.6897.64
Promoter Shareholding (Post-Issue)63.1871.77
P/E Ratio12.2914.81
Market Cap₹28.95 Cr.₹95.27 Cr.
ROE49.41%27.39%
ROCE54.52%22.57%
Debt/Equity0.90
EPS₹4.47₹3.71
RoNW29.58%24.09%

Shares Offered

In the Davin Sons Retail IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Technichem Organics IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Davin Sons Retail IPO and 8,68,000 shares in Technichem Organics IPO.

 Davin Sons Retail IPOTechnichem Organics IPO
Anchor Investor Reserveration0 shares12,98,000 shares
Market Maker Reserveration80,000 shares2,52,000 shares
QIB0 shares8,68,000 shares
NII7,58,000 shares6,52,000 shares
RII7,58,000 shares15,20,000 shares
Employee0 shares
Others
Total15,16,000 shares43,38,000 shares

Bids Received (Subscription)

Davin Sons Retail IPO subscribed 120.80x in total, whereas Technichem Organics IPO subscribed 425.09x.

 Davin Sons Retail IPOTechnichem Organics IPO
QIB (times)101.49x
NII (times)66.10x1,078.90x
Big NII (times)
Small NII (times)
RII (times)164.78x329.43x
Employee (times)
Other (times)
Total (times)120.80x425.09x