Abans Holdings IPO vs Dharmaj Crop Guard IPO

Comparision between Abans Holdings IPO and Dharmaj Crop Guard IPO.

IPO Details

Abans Holdings IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Dharmaj Crop Guard IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Abans Holdings IPO	Dharmaj Crop Guard IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Aryaman Financial Services Limited	Elara Capital (India) Private Limited Monarch Networth Capital Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
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 Abans Holdings IPO is up to ₹345.60 Cr whereas the issue size of the Dharmaj Crop Guard IPO is up to ₹251.15 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Dharmaj Crop Guard IPO is ₹237.00 per share.

	Abans Holdings IPO	Dharmaj Crop Guard IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹256.00 per share	₹216.00 per share
Issue Price (Upper)	₹270.00 per share	₹237.00 per share
Issue Price (Final)	₹270.00 per share	₹237.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	55 shares	60 shares
Fresh Issue Size	38,00,000 shares	91,13,924 shares
Fresh Issue Size (Amount)	up to ₹102.60 Cr	up to ₹216.00 Cr
OFS Issue Size	90,00,000 shares	14,83,000 shares
OFS Issue Size (Amount)	up to ₹243.00 Cr	up to ₹35.15 Cr
Issue Size Total	1,28,00,000 shares	1,05,96,924 shares
Issue Size Total (Amount)	up to ₹345.60 Cr	up to ₹251.15 Cr

IPO Timetable

Abans Holdings IPO opens on Dec 12, 2022, while Dharmaj Crop Guard IPO opens on Nov 28, 2022. The closing date of Abans Holdings IPO and Dharmaj Crop Guard IPO is Dec 15, 2022, and Nov 30, 2022, respectively.

	Abans Holdings IPO	Dharmaj Crop Guard IPO
Anchor Bid Date	Dec 09, 2022
Issue Open	Dec 12, 2022	Nov 28, 2022
Issue Close	Dec 15, 2022	Nov 30, 2022
Basis Of Allotment (Tentative)	Dec 20, 2022	Dec 05, 2022
Initiation of Refunds (Tentative)	Dec 21, 2022	Dec 06, 2022
Credit of Share (Tentative)	Dec 22, 2022	Dec 06, 2022
Listing date (Tentative)	Dec 23, 2022	Dec 08, 2022
Anchor Lockin End date 1	Jan 19, 2023	Jan 04, 2023
Anchor Lockin End date 2	Mar 20, 2023	Mar 05, 2023

Financials

Abans Holdings IPO P/E ratio is 18.96, as compared to Dharmaj Crop Guard IPO P/E ratio of 14.55.

Abans Holdings IPO

Dharmaj Crop Guard IPO

Financial

Abans Holdings Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	1212.98	2771.88	39.22	499.55	318.79
31-Mar-21	1181.51	1331.37	45.8	561.95	267.39
31-Mar-22	1168.69	646.23	61.97	631.11	85.9
31-Aug-22	1230.72	288.31	29.74	678.17	76.92
Amount in ₹ Crore

Dharmaj Crop Guard Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	47.66	139.95	5.02	10.46	20.35
31-Mar-20	92.58	199.16	10.76	35.22	20.18
31-Mar-21	128.87	303.56	20.96	56.14	26.92
31-Mar-22	219.54	396.29	28.69	82.82	36.93
31-Jul-22	305.76	221.17	18.36	101.17	51.56
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.42%

100%

Promoter Shareholding (Post-Issue)

72.09%

68.64%

P/E Ratio

18.96

14.55

Market Cap

₹1353.94 Cr.

₹801.00 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Abans Holdings IPO retail investors (RII) are offered 76,80,000 shares while in Dharmaj Crop Guard IPO retail investors are offered 76,80,000 shares. Qualified institutional buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 22,43,990 shares in Dharmaj Crop Guard IPO.

	Abans Holdings IPO	Dharmaj Crop Guard IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	12,80,000 shares	22,43,990 shares
NII	38,40,000 shares	17,14,200 shares
RII	76,80,000 shares	39,99,800 shares
Employee	0 shares	55,000 shares
Others
Total	1,28,00,000 shares	80,12,990 shares

Bids Received (Subscription)

Abans Holdings IPO subscribed 1.10x in total, whereas Dharmaj Crop Guard IPO subscribed 35.49x.

	Abans Holdings IPO	Dharmaj Crop Guard IPO
QIB (times)	4.10x	48.21x
NII (times)	1.48x	52.29x
Big NII (times)	2.15x	52.97x
Small NII (times)	0.13x	50.93x
RII (times)	0.40x	21.53x
Employee (times)		7.48x
Other (times)
Total (times)	1.10x	35.49x

Compare with others

Abans Holdings IPO	Dharmaj Crop Guard IPO
Global Surfaces IPO	KFin Technologies IPO
Divgi TorqTransfer Systems IPO	Abans Holdings IPO
Signatureglobal India IPO	Sah Polymers IPO
Radiant Cash Management IPO	Elin Electronics IPO
KFin Technologies IPO	Sula Vineyards IPO
Sah Polymers IPO	Landmark Cars IPO
Elin Electronics IPO	Keystone Realtors IPO
Sula Vineyards IPO	Inox Green Energy IPO
Dharmaj Crop Guard IPO	Archean Chemical IPO
Landmark Cars IPO	Bikaji Foods IPO

Comments

Add a public comment...