Deccan Transcon Leasing IPO vs Envirotech Systems IPO

Comparision between Deccan Transcon Leasing IPO and Envirotech Systems IPO.

IPO Details

Deccan Transcon Leasing IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Envirotech Systems IPO is a SME Book Built Issue proposed to list at NSE SME.

	Deccan Transcon Leasing IPO	Envirotech Systems IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Unistone Capital Pvt Ltd	Share India Capital Services Private Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Share India Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Deccan Transcon Leasing IPO is up to ₹65.06 Cr whereas the issue size of the Envirotech Systems IPO is up to ₹30.24 Cr. The final issue price of Deccan Transcon Leasing IPO is ₹108.00 per share and of Envirotech Systems IPO is ₹56.00 per share.

	Deccan Transcon Leasing IPO	Envirotech Systems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share	₹53.00 per share
Issue Price (Upper)	₹108.00 per share	₹56.00 per share
Issue Price (Final)	₹108.00 per share	₹56.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	55,24,000 shares	54,00,000 shares
Fresh Issue Size (Amount)	up to ₹59.66 Cr	up to ₹30.24 Cr
OFS Issue Size	5,00,000 shares
OFS Issue Size (Amount)	up to ₹5.40 Cr
Issue Size Total	60,24,000 shares	54,00,000 shares
Issue Size Total (Amount)	up to ₹65.06 Cr	up to ₹30.24 Cr

IPO Timetable

Deccan Transcon Leasing IPO opens on Sep 13, 2024, while Envirotech Systems IPO opens on Sep 13, 2024. The closing date of Deccan Transcon Leasing IPO and Envirotech Systems IPO is Sep 19, 2024, and Sep 19, 2024, respectively.

	Deccan Transcon Leasing IPO	Envirotech Systems IPO
Anchor Bid Date	Sep 12, 2024	Sep 12, 2024
Issue Open	Sep 13, 2024	Sep 13, 2024
Issue Close	Sep 19, 2024	Sep 19, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 20, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Sep 23, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 23, 2024
Listing date (Tentative)	Sep 24, 2024	Sep 24, 2024
Anchor Lockin End date 1	Oct 19, 2024	Oct 20, 2024
Anchor Lockin End date 2	Dec 18, 2024	Dec 19, 2024

Financials

Deccan Transcon Leasing IPO P/E ratio is 15.72, as compared to Envirotech Systems IPO P/E ratio of 6.56.

Deccan Transcon Leasing IPO

Envirotech Systems IPO

Financial

Deccan Transcon Leasing Limited Financial Information (Restated Consolidated)

Deccan Transcon Leasing Limited's revenue decreased by -15% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,721.58	5,407.72	3,924.64
Revenue	15,363.76	18,061.76	15,319.4
Profit After Tax	1,181.89	855.7	519.1
Net Worth	3,221.32	2,028.26	1,207.59
Reserves and Surplus	1,501.37	1,808.26	987.59
Total Borrowing	2,309.55	1,775.49	989.82
Amount in ₹ Lakhs

Envirotech Systems Limited Financial Information (Restated)

Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,867.47	2,275.73	1,386.51
Revenue	4,687.95	2,874.78	1,849.54
Profit After Tax	1,142.88	257.34	105.73
Net Worth	1,960.62	661.73	404.4
Reserves and Surplus	621.62	611.73	354.4
Total Borrowing	240.5	260.67	276.61
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.17%

96.48%

Promoter Shareholding (Post-Issue)

68.75%

P/E Ratio

15.72

6.56

Market Cap

₹245.41 Cr.

₹105.22 Cr.

ROE

45.03%%

58.29%%

ROCE

41.43%%

62.43%%

Debt/Equity

0.72

EPS

₹6.87

₹8.54

RoNW

36.69%%

58.29%%

Shares Offered

In the Deccan Transcon Leasing IPO retail investors (RII) are offered 19,92,900 shares while in Envirotech Systems IPO retail investors are offered 19,92,900 shares. Qualified institutional buyers (QIB) are offered 14,46,600 shares in Deccan Transcon Leasing IPO and 9,40,000 shares in Envirotech Systems IPO.

	Deccan Transcon Leasing IPO	Envirotech Systems IPO
Anchor Investor Reserveration	14,00,400 shares	14,06,000 shares
Market Maker Reserveration	3,30,000 shares	7,02,000 shares
QIB	14,46,600 shares	9,40,000 shares
NII	8,54,100 shares	7,06,000 shares
RII	19,92,900 shares	16,46,000 shares
Employee	0 shares	0 shares
Others
Total	42,93,600 shares	32,92,000 shares

Bids Received (Subscription)

Deccan Transcon Leasing IPO subscribed 102.60x in total, whereas Envirotech Systems IPO subscribed 91.67x.

	Deccan Transcon Leasing IPO	Envirotech Systems IPO
QIB (times)	42.07x	68.12x
NII (times)	147.76x	187.14x
Big NII (times)
Small NII (times)
RII (times)	127.18x	64.16x
Employee (times)
Other (times)
Total (times)	102.60x	91.67x

Compare with others

Deccan Transcon Leasing IPO	Envirotech Systems IPO
Pelatro IPO	Osel Devices IPO
Osel Devices IPO	Paramount Speciality Forgings IPO
Paramount Speciality Forgings IPO	Popular Foundations IPO
Popular Foundations IPO	Sodhani Academy of Fintech Enablers IPO
Sodhani Academy of Fintech Enablers IPO	Deccan Transcon Leasing IPO
Envirotech Systems IPO	Trafiksol ITS Technologies IPO
Trafiksol ITS Technologies IPO	Gajanand International IPO
Gajanand International IPO	Innomet Advanced Materials IPO
Innomet Advanced Materials IPO	SPP Polymer IPO
SPP Polymer IPO	Share Samadhan IPO

Comments

Add a public comment...