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Dove Soft IPO vs True Colors IPO

Comparison between Dove Soft IPO and True Colors IPO.

IPO Details

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 IPOTrue Colors IPO
LogoTrue Colors IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersGrow House Wealth Management Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market Maker
DRHPDRHP DRHP
RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

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 ₹0.00 Cr. The final issue price of Dove Soft IPO is and of True Colors IPO is .

 Dove Soft IPOTrue Colors IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size52,00,000 shares57,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size12,71,000 shares10,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total64,71,000 shares67,00,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹0.00 Cr

IPO Timetable

Dove Soft IPO opens on , while True Colors IPO opens on . The closing date of Dove Soft IPO and True Colors IPO is , and , respectively.

 Dove Soft IPOTrue Colors IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Dove Soft IPO P/E ratio is , as compared to True Colors IPO P/E ratio of .

 Dove Soft IPOTrue Colors IPO
Financials

Dove Soft Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets137.9487.3247.7124.35
Total Income135.30119.7975.9037.91
Profit After Tax12.0610.454.472.49
Net Worth61.7632.6222.1710.11
Reserves and Surplus42.1714.304.0010.03
Total Borrowing11.943.343.823.44
Amount in ₹ Crore

True Colors Ltd. Financial Information (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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets154.97105.9145.53
Total Income234.05160.9180.94
Profit After Tax24.698.253.92
EBITDA40.9114.505.67
Net Worth55.4514.616.37
Reserves and Surplus36.5014.145.90
Total Borrowing47.5156.5620.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.8494.99
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE38.15%70.49%
ROCE41.77%35.94%
Debt/Equity0.100.86
EPS
RoNW38.15%44.53%

Shares Offered

In the Dove Soft IPO Retail Individual Investors (RII) are offered while in True Colors IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Dove Soft IPO and 0 shares in True Colors IPO.

 Dove Soft IPOTrue Colors IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration0 shares
QIB0 shares
NII0 shares
RII0 shares
Employee0 shares
Others
Total0 shares

Bids Received (Subscription)

Dove Soft IPO subscribed in total, whereas True Colors IPO subscribed .

 Dove Soft IPOTrue Colors IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)