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.

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

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets10.368.834.560.05
Total Income6.3413.393.91
Profit After Tax0.741.640.57
NET Worth6.285.551.09
Total Borrowing1.940.241.28
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets57.4352.4744.2544.17
Total Income14.8846.9751.0267.79
Profit After Tax1.404.731.733.42
NET Worth21.0319.6214.8913.16
Reserves and Surplus8.2917.0712.3510.62
Total Borrowing16.5817.6415.6210.17
Amount in ₹ Crore
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.
ROE49.4127.39
ROCE54.5222.57
Debt/Equity0.90
EPS₹4.47₹3.71
RoNW29.5824.09

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 Reservation0 shares12,98,000 shares
Market Maker Reservation80,000 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 115.44x in total, whereas Technichem Organics IPO subscribed 297.89x.

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