Deepak Chemtex IPO vs Marinetrans India IPO

Comparision between Deepak Chemtex IPO and Marinetrans India IPO.

IPO Details

Deepak Chemtex IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Marinetrans India IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Deepak Chemtex IPO	Marinetrans India IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Swaraj shares and securities private limited
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Hem Finlease Private Limited	Nnm Securities Private Limited
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 Deepak Chemtex IPO is up to ₹23.04 Cr whereas the issue size of the Marinetrans India IPO is up to ₹10.92 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of Marinetrans India IPO is ₹26.00 per share.

	Deepak Chemtex IPO	Marinetrans India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹76.00 per share
Issue Price (Upper)	₹80.00 per share
Issue Price (Final)	₹80.00 per share	₹26.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	4000 shares
Fresh Issue Size	28,80,000 shares	42,00,000 shares
Fresh Issue Size (Amount)	up to ₹23.04 Cr	up to ₹10.92 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,80,000 shares	42,00,000 shares
Issue Size Total (Amount)	up to ₹23.04 Cr	up to ₹10.92 Cr

IPO Timetable

Deepak Chemtex IPO opens on Nov 29, 2023, while Marinetrans India IPO opens on Nov 30, 2023. The closing date of Deepak Chemtex IPO and Marinetrans India IPO is Dec 01, 2023, and Dec 05, 2023, respectively.

	Deepak Chemtex IPO	Marinetrans India IPO
Anchor Bid Date	Nov 28, 2023
Issue Open	Nov 29, 2023	Nov 30, 2023
Issue Close	Dec 01, 2023	Dec 05, 2023
Basis Of Allotment (Tentative)	Dec 06, 2023	Dec 06, 2023
Initiation of Refunds (Tentative)	Dec 07, 2023	Dec 07, 2023
Credit of Share (Tentative)	Dec 08, 2023	Dec 07, 2023
Listing date (Tentative)	Dec 06, 2023	Dec 08, 2023
Anchor Lockin End date 1	Jan 05, 2024	Jan 05, 2024
Anchor Lockin End date 2	Mar 05, 2024	Mar 05, 2024

Financials

Deepak Chemtex IPO P/E ratio is 10.14, as compared to Marinetrans India IPO P/E ratio of 14.53.

Deepak Chemtex IPO

Marinetrans India IPO

Financial

Deepak Chemtex Limited Financial Information (Restated Consolidated)

Deepak Chemtex Limited's revenue decreased by -12.12% and profit after tax (PAT) rose by 49.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022
Assets	2,820.64	2,382.32	1,715.17
Revenue	2,212.95	4,783.72	5,443.68
Profit After Tax	311.18	631.02	423.10
Net Worth	1,879.90	1,568.88	938.43
Reserves and Surplus	1,081.50	1,518.98	888.53
Total Borrowing	120.78	136.80	199.49
Amount in ₹ Lakhs

Marinetrans India Limited Financial Information (Restated Consolidated)

Marinetrans India Limited's revenue decreased by -26.03% and profit after tax (PAT) dropped by -17.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 May 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,615.36	2,618.58	2,305.89	2,204.06
Revenue	1,384.38	15,036.84	20,327.23	9,613.13
Profit After Tax	13.91	152.83	186.24	79.78
Net Worth	1,617.96	1,604.04	1,451.22	1,255.94
Reserves and Surplus
Total Borrowing	603.68	557.98	252.75	212.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.40%

100.00%

Promoter Shareholding (Post-Issue)

73.05%

P/E Ratio

10.14

14.53

Market Cap

₹86.91 Cr.

₹33.09 Cr.

ROE

50.27%%

10.00%%

ROCE

49.65%%

11.29%%

Debt/Equity

0.09

0.35

EPS

₹7.89

₹1.79

RoNW

40.17%%

9.53%%

Shares Offered

In the Deepak Chemtex IPO retail investors (RII) are offered 9,56,800 shares while in Marinetrans India IPO retail investors are offered 9,56,800 shares. Qualified institutional buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 0 shares in Marinetrans India IPO.

	Deepak Chemtex IPO	Marinetrans India IPO
Anchor Investor Reserveration	8,17,600 shares
Market Maker Reserveration	1,47,200 shares	2,16,000 shares
QIB	5,47,200 shares	0 shares
NII	4,11,200 shares	19,92,000 shares
RII	9,56,800 shares	19,92,000 shares
Employee	0 shares	0 shares
Others
Total	19,15,200 shares	39,84,000 shares

Bids Received (Subscription)

Deepak Chemtex IPO subscribed 403.03x in total, whereas Marinetrans India IPO subscribed 33.00x.

	Deepak Chemtex IPO	Marinetrans India IPO
QIB (times)	96.80x
NII (times)	642.25x	18.05x
Big NII (times)
Small NII (times)
RII (times)	475.36x	47.24x
Employee (times)
Other (times)
Total (times)	403.03x	33.00x

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