Comparison between Durlax Top Surface IPO and United Cotfab IPO.
Durlax Top Surface IPO is a SME Fixed Price IPO proposed to list at NSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.
| Durlax Top Surface IPO | United Cotfab IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Globalworth Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Durlax Top Surface IPO is up to ₹38.76 Cr whereas the issue size of the United Cotfab IPO is up to ₹34.47 Cr. The final issue price of Durlax Top Surface IPO is ₹68.00 per share and of United Cotfab IPO is ₹70.00 per share.
| Durlax Top Surface IPO | United Cotfab IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | |
| Issue Price (Upper) | ₹68.00 per share | |
| Issue Price (Final) | ₹68.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 39,00,000 shares | 49,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.52 Cr | up to ₹34.47 Cr |
| OFS Issue Size | 18,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹12.24 Cr | up to ₹0.00 Cr |
| Issue Size Total | 57,00,000 shares | 49,24,000 shares |
| Issue Size Total (Amount) | up to ₹38.76 Cr | up to ₹34.47 Cr |
Durlax Top Surface IPO opens on Jun 19, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of Durlax Top Surface IPO and United Cotfab IPO is Jun 21, 2024, and Jun 19, 2024, respectively.
| Durlax Top Surface IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | |
| Issue Open | Jun 19, 2024 | Jun 13, 2024 |
| Issue Close | Jun 21, 2024 | Jun 19, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jun 20, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jun 21, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jun 21, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jun 24, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | |
| Anchor Lockin End date 2 | Sep 22, 2024 |
Durlax Top Surface IPO P/E ratio is 16.73, as compared to United Cotfab IPO P/E ratio of 9.7.
| Durlax Top Surface IPO | United Cotfab IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Durlax Top Surface Limited Financial Information (Restated)Durlax Top Surface Limited's revenue increased by 35.9% and profit after tax (PAT) rose by 141.15% between the financial year ending with March 31, 2024 and March 31, 2023.
| United Cotfab Limited Financial Information (Restated)United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 95.44 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.35 | 69.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.73 | 9.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹113.07 Cr. | ₹120.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.20% | 72.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.20% | 26.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.78 | 3.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹7.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.12% | 63.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Durlax Top Surface IPO Retail Individual Investors (RII) are offered 20,00,000 shares while in United Cotfab IPO retail investors are offered 20,00,000 shares. Qualified Institutional Buyers (QIB) are offered 22,52,000 shares in Durlax Top Surface IPO and in United Cotfab IPO.
| Durlax Top Surface IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,92,000 shares | |
| Market Maker Reserveration | 3,00,000 shares | 2,60,000 shares |
| QIB | 22,52,000 shares | |
| NII | 8,56,000 shares | 24,62,000 shares |
| RII | 20,00,000 shares | 24,62,000 shares |
| Employee | ||
| Others | ||
| Total | 57,00,000 shares | 49,24,000 shares |
Durlax Top Surface IPO subscribed 166.79x in total, whereas United Cotfab IPO subscribed 107.16x.
| Durlax Top Surface IPO | United Cotfab IPO | |
|---|---|---|
| QIB (times) | 48.29x | |
| NII (times) | 415.06x | 114.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 193.95x | 77.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 166.79x | 107.16x |
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