Comparison between Dove Soft IPO and True Colors IPO.
Dove Soft IPO is a SME Bookbuilding IPO proposed to list at BSE SME while True Colors IPO is a SME Bookbuilding proposed to list at BSE SME.
| Dove Soft IPO | True Colors IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Dove Soft IPO is up to ₹0.00 Cr whereas the issue size of the True Colors IPO is up to ₹121.54 Cr. The final issue price of Dove Soft IPO is and of True Colors IPO is ₹191.00 per share.
| Dove Soft IPO | True Colors IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹181.00 per share | |
| Issue Price (Upper) | ₹191.00 per share | |
| Issue Price (Final) | ₹191.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | |
| Fresh Issue Size | 53,28,000 shares | 53,63,600 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹102.44 Cr |
| OFS Issue Size | 12,72,000 shares | 10,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹19.10 Cr |
| Issue Size Total | 66,00,000 shares | 63,63,600 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹121.54 Cr |
Dove Soft IPO opens on , while True Colors IPO opens on Sep 23, 2025. The closing date of Dove Soft IPO and True Colors IPO is , and Sep 25, 2025, respectively.
| Dove Soft IPO | True Colors IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | |
| Issue Open | Sep 23, 2025 | |
| Issue Close | Sep 25, 2025 | |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | |
| Credit of Share (Tentative) | Sep 29, 2025 | |
| Listing date (Tentative) | Sep 30, 2025 | |
| Anchor Lockin End date 1 | Oct 25, 2025 | |
| Anchor Lockin End date 2 | Dec 24, 2025 |
Dove Soft IPO P/E ratio is , as compared to True Colors IPO P/E ratio of 14.66.
| Dove Soft IPO | True Colors IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)True Colors Ltd.'s revenue increased by 45% and profit after tax (PAT) rose by 199% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.32 | 94.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹470.90 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.12% | 70.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 42.14% | 35.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 0.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 44.53% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Dove Soft IPO Retail Individual Investors (RII) are offered 0 shares while in True Colors IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dove Soft IPO and 12,70,800 shares in True Colors IPO.
| Dove Soft IPO | True Colors IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 19,05,600 shares |
| Market Maker Reservation | 0 shares | 3,36,000 shares |
| QIB | 0 shares | 12,70,800 shares |
| NII | 0 shares | 9,57,600 shares |
| RII | 0 shares | 22,29,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 63,63,600 shares |
Dove Soft IPO subscribed in total, whereas True Colors IPO subscribed 45.46x.
| Dove Soft IPO | True Colors IPO | |
|---|---|---|
| QIB (times) | 43.41x | |
| NII (times) | 50.58x | |
| Big NII (times) | 55.05x | |
| Small NII (times) | 41.65x | |
| RII (times) | 44.42x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 45.46x |
