Comparison between Divyadhan Recycling IPO and Unilex Colours IPO.
Divyadhan Recycling IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Unilex Colours IPO is a SME Bookbuilding proposed to list at NSE SME.
| Divyadhan Recycling IPO | Unilex Colours IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Kantilal Chhaganlal Securities Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Divyadhan Recycling IPO is up to ₹22.89 Cr whereas the issue size of the Unilex Colours IPO is up to ₹29.65 Cr. The final issue price of Divyadhan Recycling IPO is ₹64.00 per share and of Unilex Colours IPO is ₹87.00 per share.
| Divyadhan Recycling IPO | Unilex Colours IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | ₹82.00 per share |
| Issue Price (Upper) | ₹64.00 per share | ₹87.00 per share |
| Issue Price (Final) | ₹64.00 per share | ₹87.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 35,76,000 shares | 34,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.89 Cr | up to ₹29.65 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,76,000 shares | 34,08,000 shares |
| Issue Size Total (Amount) | up to ₹22.89 Cr | up to ₹29.65 Cr |
Divyadhan Recycling IPO opens on Sep 26, 2024, while Unilex Colours IPO opens on Sep 25, 2024. The closing date of Divyadhan Recycling IPO and Unilex Colours IPO is Sep 30, 2024, and Sep 27, 2024, respectively.
| Divyadhan Recycling IPO | Unilex Colours IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Sep 24, 2024 |
| Issue Open | Sep 26, 2024 | Sep 25, 2024 |
| Issue Close | Sep 30, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Nov 03, 2024 | Oct 30, 2024 |
| Anchor Lockin End date 2 | Jan 03, 2025 | Dec 29, 2024 |
Divyadhan Recycling IPO P/E ratio is 28.34, as compared to Unilex Colours IPO P/E ratio of 14.13.
| Divyadhan Recycling IPO | Unilex Colours IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Divyadhan Recycling Industries Limited Financial Information (Restated)Divyadhan Recycling Industries Limited's revenue increased by 2% and profit after tax (PAT) rose by 10% between the financial year ending with March 31, 2024 and March 31, 2023.
| Unilex Colours and Chemicals Limited Financial Information (Restated Consolidated)Unilex Colours and Chemicals Limited's revenue increased by 3% and profit after tax (PAT) rose by 24% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 94.06 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.24 | 73.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.34 | 14.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.56 Cr. | ₹118.47 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.42% | 17.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.76% | 6.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.26 | ₹6.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.42% | 16.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divyadhan Recycling IPO Retail Individual Investors (RII) are offered 12,52,000 shares while in Unilex Colours IPO retail investors are offered 12,52,000 shares. Qualified Institutional Buyers (QIB) are offered 7,16,000 shares in Divyadhan Recycling IPO and 6,81,600 shares in Unilex Colours IPO.
| Divyadhan Recycling IPO | Unilex Colours IPO | |
|---|---|---|
| Anchor Investor Reserveration | 10,70,000 shares | 10,20,800 shares |
| Market Maker Reserveration | 2,00,000 shares | 1,92,000 shares |
| QIB | 7,16,000 shares | 6,81,600 shares |
| NII | 5,38,000 shares | 5,12,000 shares |
| RII | 12,52,000 shares | 11,93,600 shares |
| Employee | ||
| Others | ||
| Total | 35,76,000 shares | 34,08,000 shares |
Divyadhan Recycling IPO subscribed 40.93x in total, whereas Unilex Colours IPO subscribed 35.03x.
| Divyadhan Recycling IPO | Unilex Colours IPO | |
|---|---|---|
| QIB (times) | 29.39x | 15.58x |
| NII (times) | 76.03x | 60.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 32.43x | 35.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 40.93x | 35.03x |
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