De Neers Tools IPO vs Sancode Technologies IPO

Comparision between De Neers Tools IPO and Sancode Technologies IPO.

IPO Details

De Neers Tools IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sancode Technologies IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	De Neers Tools IPO	Sancode Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Khambatta Securities Limited Share India Capital Services Private Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Share India Securities Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of De Neers Tools IPO is up to ₹22.99 Cr whereas the issue size of the Sancode Technologies IPO is up to ₹5.15 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Sancode Technologies IPO is ₹47.00 per share.

	De Neers Tools IPO	Sancode Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share
Issue Price (Upper)	₹101.00 per share
Issue Price (Final)	₹101.00 per share	₹47.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	22,76,400 shares	10,95,000 shares
Fresh Issue Size (Amount)	up to ₹22.99 Cr	up to ₹5.15 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,76,400 shares	10,95,000 shares
Issue Size Total (Amount)	up to ₹22.99 Cr	up to ₹5.15 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Sancode Technologies IPO opens on Mar 31, 2023. The closing date of De Neers Tools IPO and Sancode Technologies IPO is May 03, 2023, and Apr 06, 2023, respectively.

	De Neers Tools IPO	Sancode Technologies IPO
Anchor Bid Date
Issue Open	Apr 28, 2023	Mar 31, 2023
Issue Close	May 03, 2023	Apr 06, 2023
Basis Of Allotment (Tentative)	May 08, 2023	Apr 12, 2023
Initiation of Refunds (Tentative)	May 09, 2023	Apr 13, 2023
Credit of Share (Tentative)	May 10, 2023	Apr 17, 2023
Listing date (Tentative)	May 11, 2023	Apr 18, 2023
Anchor Lockin End date 1	Jun 07, 2023	May 12, 2023
Anchor Lockin End date 2	Aug 06, 2023	Jul 11, 2023

Financials

De Neers Tools IPO P/E ratio is , as compared to Sancode Technologies IPO P/E ratio of 10.71.

De Neers Tools IPO

Sancode Technologies IPO

Financial

De Neers Tools Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	5,570.44	7,349.62	43.94	704.24	712.87	484.58
31-Mar-21	6,111.28	6,211.77	65.77	320.47	317.42	1,147.84
31-Mar-22	9,933.52	8,008.68	504.42	2,382.27	654.27	2,435.85
31-Oct-22	12,558.14	5,602.65	386.98	3,044.13	411.13	2,406.42
Amount in ₹ Lakhs

Sancode Technologies Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	330.45	43.08	-112.98	220.83	197.95	0.22
31-Mar-21	313.96	159.74	-26.17	223.56	200.69	63.73
31-Mar-22	349.87	244.81	75.12	287.07	264.19	20.76
30-Sep-22	481.26	180.62	89.36	367.54	344.67	21.20
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.14%

97.47%

Promoter Shareholding (Post-Issue)

71.24%

P/E Ratio

10.71

Market Cap

₹19.12 Cr.

ROE

ROCE

Debt/Equity

EPS

₹7.97

RoNW

21.17%%

Shares Offered

In the De Neers Tools IPO retail investors (RII) are offered 7,96,740 shares while in Sancode Technologies IPO retail investors are offered 7,96,740 shares. Qualified institutional buyers (QIB) are offered 11,38,200 shares in De Neers Tools IPO and 0 shares in Sancode Technologies IPO.

	De Neers Tools IPO	Sancode Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,15,200 shares	57,000 shares
QIB	11,38,200 shares	0 shares
NII	3,41,460 shares	5,19,000 shares
RII	7,96,740 shares	5,19,000 shares
Employee	0 shares	0 shares
Others
Total	22,76,400 shares	10,38,000 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.04x in total, whereas Sancode Technologies IPO subscribed 3.68x.

	De Neers Tools IPO	Sancode Technologies IPO
QIB (times)	3.72x
NII (times)	60.16x	3.98x
Big NII (times)
Small NII (times)
RII (times)	11.88x	3.39x
Employee (times)
Other (times)
Total (times)	15.04x	3.68x

Compare with others

De Neers Tools IPO	Sancode Technologies IPO
Crayons Advertising IPO	De Neers Tools IPO
Remus Pharmaceuticals IPO	Quicktouch Technologies IPO
Auro Impex & Chemicals IPO	Retina Paints IPO
Innokaiz India IPO	A G Universal IPO
Krishca Strapping Solutions IPO	Pattech Fitwell Tube Components IPO
Quicktouch Technologies IPO	Exhicon Events IPO
Retina Paints IPO	Sotac Pharmaceuticals IPO
A G Universal IPO	MOS Utility IPO
Pattech Fitwell Tube Components IPO	Infinium Pharmachem IPO
Sancode Technologies IPO	Maiden Forgings IPO

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