Diensten Tech IPO vs Visaman Global Sales IPO

Comparison between Diensten Tech IPO and Visaman Global Sales IPO.

IPO Details

Diensten Tech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Visaman Global Sales IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Diensten Tech IPO is up to ₹20.98 Cr whereas the issue size of the Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.

 Diensten Tech IPOVisaman Global Sales IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares3000 shares
Fresh Issue Size20,97,600 shares35,40,000 shares
Fresh Issue Size (Amount)up to ₹20.98 Crup to ₹15.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,97,600 shares35,40,000 shares
Issue Size Total (Amount)up to ₹20.98 Crup to ₹15.22 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Diensten Tech IPO and Visaman Global Sales IPO is Jun 28, 2024, and Jun 26, 2024, respectively.

 Diensten Tech IPOVisaman Global Sales IPO
Anchor Bid DateJun 25, 2024
Issue OpenJun 26, 2024Jun 24, 2024
Issue CloseJun 28, 2024Jun 26, 2024
Basis Of Allotment (Tentative)Jul 01, 2024Jun 27, 2024
Initiation of Refunds (Tentative)Jul 02, 2024Jun 28, 2024
Credit of Share (Tentative)Jul 02, 2024Jun 28, 2024
Listing date (Tentative)Jul 03, 2024Jul 01, 2024
Anchor Lockin End date 1Jul 31, 2024
Anchor Lockin End date 2Sep 29, 2024

Financials & KPIs

Diensten Tech IPO P/E ratio is 344.83, as compared to Visaman Global Sales IPO P/E ratio of 38.25.

 Diensten Tech IPOVisaman Global Sales IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets30.2015.052.043.70
Total Income26.2137.600.775.25
Profit After Tax-1.720.160.011.17
NET Worth2.534.251.40-1.12
Reserves and Surplus-3.52-1.80-1.96-1.98
Total Borrowing18.482.803.44
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets80.0258.6439.8227.27
Total Income206.91376.05324.07136.36
Profit After Tax1.021.130.950.33
NET Worth10.959.946.605.66
Reserves and Surplus3.952.941.800.86
Total Borrowing56.9143.4613.867.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.50100.00
Promoter Shareholding (Post-Issue)69.9772.98
P/E Ratio344.8338.25
Market Cap₹59.39 Cr.
ROE-67.50%9.28%
ROCE-20.74%8.02%
Debt/Equity7.295.20
EPS₹0.29₹1.12
RoNW-67.77%9.28%

Shares Offered

In the Diensten Tech IPO Retail Individual Investors (RII) are offered 7,34,400 shares while in Visaman Global Sales IPO retail investors are offered 7,34,400 shares. Qualified Institutional Buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 0 shares in Visaman Global Sales IPO.

 Diensten Tech IPOVisaman Global Sales IPO
Anchor Investor Reservation6,27,600 shares0 shares
Market Maker Reservation1,10,400 shares1,92,000 shares
QIB4,20,000 shares0 shares
NII3,15,600 shares17,70,000 shares
RII7,34,400 shares17,70,000 shares
Employee0 shares0 shares
Others
Total20,97,600 shares35,40,000 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Visaman Global Sales IPO subscribed 42.20x.

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