Comparison between Divine Power Energy IPO and Visaman Global Sales IPO.
Divine Power Energy 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.
| Divine Power Energy IPO | Visaman Global Sales IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Shreni Shares 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 Divine Power Energy IPO is up to ₹21.60 Cr whereas the issue size of the Visaman Global Sales IPO is up to ₹15.22 Cr. The final issue price of Divine Power Energy IPO is ₹40.00 per share and of Visaman Global Sales IPO is ₹43.00 per share.
| Divine Power Energy IPO | Visaman Global Sales IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | |
| Issue Price (Upper) | ₹40.00 per share | |
| Issue Price (Final) | ₹40.00 per share | ₹43.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 54,00,000 shares | 35,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.60 Cr | up to ₹15.22 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 | 54,00,000 shares | 35,40,000 shares |
| Issue Size Total (Amount) | up to ₹21.60 Cr | up to ₹15.22 Cr |
Divine Power Energy IPO opens on Jun 25, 2024, while Visaman Global Sales IPO opens on Jun 24, 2024. The closing date of Divine Power Energy IPO and Visaman Global Sales IPO is Jun 27, 2024, and Jun 26, 2024, respectively.
| Divine Power Energy IPO | Visaman Global Sales IPO | |
|---|---|---|
| Anchor Bid Date | Jun 24, 2024 | |
| Issue Open | Jun 25, 2024 | Jun 24, 2024 |
| Issue Close | Jun 27, 2024 | Jun 26, 2024 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Jun 27, 2024 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Jun 28, 2024 |
| Credit of Share (Tentative) | Jul 01, 2024 | Jun 28, 2024 |
| Listing date (Tentative) | Jul 02, 2024 | Jul 01, 2024 |
| Anchor Lockin End date 1 | Jul 28, 2024 | |
| Anchor Lockin End date 2 | Sep 26, 2024 |
Divine Power Energy IPO P/E ratio is 9.85, as compared to Visaman Global Sales IPO P/E ratio of 38.25.
| Divine Power Energy IPO | Visaman Global Sales IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Divine Power Energy Limited Financial Information (Restated)Divine Power Energy Limited's revenue increased by 47.65% and profit after tax (PAT) rose by 124.82% between the financial year ending with March 31, 2024 and March 31, 2023.
| Visaman Global Sales Limited Financial Information (Restated)Visaman Global Sales Limited's revenue increased by 16.04% and profit after tax (PAT) rose by 19.72% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.85 | 38.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹85.88 Cr. | ₹59.39 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.06% | 9.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.25% | 8.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.26 | 5.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹1.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.06% | 9.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divine Power Energy IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Visaman Global Sales IPO retail investors are offered 18,90,000 shares. Qualified Institutional Buyers (QIB) are offered 10,80,000 shares in Divine Power Energy IPO and in Visaman Global Sales IPO.
| Divine Power Energy IPO | Visaman Global Sales IPO | |
|---|---|---|
| Anchor Investor Reserveration | 16,20,000 shares | |
| Market Maker Reserveration | 2,88,000 shares | 1,92,000 shares |
| QIB | 10,80,000 shares | |
| NII | 8,10,000 shares | 17,70,000 shares |
| RII | 18,90,000 shares | 17,70,000 shares |
| Employee | ||
| Others | ||
| Total | 54,00,000 shares | 35,40,000 shares |
Divine Power Energy IPO subscribed 393.67x in total, whereas Visaman Global Sales IPO subscribed 42.20x.
| Divine Power Energy IPO | Visaman Global Sales IPO | |
|---|---|---|
| QIB (times) | 135.84x | |
| NII (times) | 473.74x | 28.12x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 507.94x | 51.54x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 393.67x | 42.20x |
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