DCG Cables IPO vs Yash Optics IPO

Comparison between DCG Cables IPO and Yash Optics IPO.

IPO Details

DCG Cables IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Yash Optics IPO is a SME Bookbuilding proposed to list at NSE SME.

	DCG Cables IPO	Yash Optics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd.	Shreni Shares Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of DCG Cables IPO is up to ₹47.47 Cr whereas the issue size of the Yash Optics IPO is up to ₹50.47 Cr. The final issue price of DCG Cables IPO is ₹100.00 per share and of Yash Optics IPO is ₹81.00 per share.

	DCG Cables IPO	Yash Optics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹75.00 per share
Issue Price (Upper)		₹81.00 per share
Issue Price (Final)	₹100.00 per share	₹81.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	47,47,200 shares	62,30,400 shares
Fresh Issue Size (Amount)	up to ₹47.47 Cr	up to ₹50.47 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	47,47,200 shares	62,30,400 shares
Issue Size Total (Amount)	up to ₹47.47 Cr	up to ₹50.47 Cr

IPO Timetable

DCG Cables IPO opens on Apr 08, 2024, while Yash Optics IPO opens on Mar 27, 2024. The closing date of DCG Cables IPO and Yash Optics IPO is Apr 10, 2024, and Apr 03, 2024, respectively.

	DCG Cables IPO	Yash Optics IPO
Anchor Bid Date		Mar 26, 2024
Issue Open	Apr 08, 2024	Mar 27, 2024
Issue Close	Apr 10, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 12, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 15, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 15, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 16, 2024	Apr 08, 2024
Anchor Lockin End date 1		May 04, 2024
Anchor Lockin End date 2		Jul 03, 2024

Financials & KPIs

DCG Cables IPO P/E ratio is 76.34, as compared to Yash Optics IPO P/E ratio of 18.28.

DCG Cables IPO

Yash Optics IPO

Financials

DCG Cables & Wires Limited Financial Information (Restated Consolidated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,152.13	3,564.12
Total Income	7,639.08	5,455.18
Profit After Tax	847.10	172.06	37.24	10.40
Net Worth	2,367.15	1,533.82	443.69	13.14
Reserves and Surplus	1,051.78	217.99
Total Borrowing	2,569.83	1,812.27	635.44	29.80
Amount in ₹ Lakhs

Yash Optics & Lens Limited Financial Information (Restated)

Yash Optics & Lens Limited's revenue increased by 33.3% and profit after tax (PAT) rose by 18.32% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,412.63	3,414.26	2,444.86	1,215.25
Total Income	1,869.16	3,980.39	2,986.04	1,498.24
Profit After Tax	422.52	806.58	681.67	106.31
Net Worth	2,334.01	1,911.50	1,104.92	426.61
Reserves and Surplus	2,333.01	1,910.50	1,103.92	425.61
Total Borrowing	2,452.69	1,085.63	402.36	585.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

97.45

Promoter Shareholding (Post-Issue)

72.45

71.63

P/E Ratio

76.34

18.28

Market Cap

₹181.50 Cr.

₹200.60 Cr.

ROE

35.92%

18.10

ROCE

59.10%

10.38

Debt/Equity

1.09

1.05

EPS

₹1.31

₹4.43

RoNW

35.79%

18.09%

Shares Offered

In the DCG Cables IPO Retail Individual Investors (RII) are offered 23,73,600 shares while in Yash Optics IPO retail investors are offered 23,73,600 shares. Qualified Institutional Buyers (QIB) are offered in DCG Cables IPO and 11,64,800 shares in Yash Optics IPO.

	DCG Cables IPO	Yash Optics IPO
Anchor Investor Reserveration		17,02,400 shares
Market Maker Reserveration	2,52,000 shares	3,31,200 shares
QIB		11,64,800 shares
NII	23,73,600 shares	11,10,400 shares
RII	23,73,600 shares	22,52,800 shares
Employee
Others
Total	47,47,200 shares	62,30,400 shares

Bids Received (Subscription)

DCG Cables IPO subscribed 16.96x in total, whereas Yash Optics IPO subscribed 42.17x.

	DCG Cables IPO	Yash Optics IPO
QIB (times)		19.88x
NII (times)	11.53x	85.27x
Big NII (times)
Small NII (times)
RII (times)	21.70x	32.46x
Employee (times)
Other (times)
Total (times)	16.96x	42.17x

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