Deepak Chemtex IPO vs Net Avenue Technologies IPO

Comparision between Deepak Chemtex IPO and Net Avenue Technologies IPO.

IPO Details

Deepak Chemtex IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Net Avenue Technologies IPO is a SME Book Built Issue proposed to list at NSE SME.

	Deepak Chemtex IPO	Net Avenue Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Shreni Shares 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 Deepak Chemtex IPO is up to ₹23.04 Cr whereas the issue size of the Net Avenue Technologies IPO is up to ₹10.25 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of Net Avenue Technologies IPO is ₹18.00 per share.

	Deepak Chemtex IPO	Net Avenue Technologies IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹76.00 per share	₹16.00 per share
Issue Price (Upper)	₹80.00 per share	₹18.00 per share
Issue Price (Final)	₹80.00 per share	₹18.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	8000 shares
Fresh Issue Size	28,80,000 shares	56,96,000 shares
Fresh Issue Size (Amount)	up to ₹23.04 Cr	up to ₹10.25 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,80,000 shares	56,96,000 shares
Issue Size Total (Amount)	up to ₹23.04 Cr	up to ₹10.25 Cr

IPO Timetable

Deepak Chemtex IPO opens on Nov 29, 2023, while Net Avenue Technologies IPO opens on Nov 30, 2023. The closing date of Deepak Chemtex IPO and Net Avenue Technologies IPO is Dec 01, 2023, and Dec 04, 2023, respectively.

	Deepak Chemtex IPO	Net Avenue Technologies IPO
Anchor Bid Date	Nov 28, 2023	Nov 29, 2023
Issue Open	Nov 29, 2023	Nov 30, 2023
Issue Close	Dec 01, 2023	Dec 04, 2023
Basis Of Allotment (Tentative)	Dec 06, 2023	Dec 07, 2023
Initiation of Refunds (Tentative)	Dec 07, 2023	Dec 08, 2023
Credit of Share (Tentative)	Dec 08, 2023	Dec 11, 2023
Listing date (Tentative)	Dec 06, 2023	Dec 08, 2023
Anchor Lockin End date 1	Jan 05, 2024	Jan 06, 2024
Anchor Lockin End date 2	Mar 05, 2024	Mar 06, 2024

Financials

Deepak Chemtex IPO P/E ratio is 10.14, as compared to Net Avenue Technologies IPO P/E ratio of 8.57.

Deepak Chemtex IPO

Net Avenue Technologies 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

Net Avenue Technologies Limited Financial Information (Restated Consolidated)

Net Avenue Technologies Limited's revenue increased by 5.34% and profit after tax (PAT) dropped by -32.55% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,317.92	1,419.90	1,295.26	769.85
Revenue	783.89	3,451.26	3,276.16	1,447.54
Profit After Tax	94.39	176.40	261.51	23.11
Net Worth	328.70	233.54	42.57	-228.37
Reserves and Surplus	306.57	211.41	20.44	-250.50
Total Borrowing	292.69	276.06	84.24	191.07
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.40%

45.31%

Promoter Shareholding (Post-Issue)

73.05%

33.28%

P/E Ratio

10.14

8.57

Market Cap

₹86.91 Cr.

₹38.62 Cr.

ROE

50.27%%

127.77%%

ROCE

49.65%%

5.28%%

Debt/Equity

0.09

1.18

EPS

₹7.89

₹2.10

RoNW

40.17%%

75.53%%

Shares Offered

In the Deepak Chemtex IPO retail investors (RII) are offered 9,56,800 shares while in Net Avenue Technologies IPO retail investors are offered 9,56,800 shares. Qualified institutional buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 10,80,000 shares in Net Avenue Technologies IPO.

	Deepak Chemtex IPO	Net Avenue Technologies IPO
Anchor Investor Reserveration	8,17,600 shares	16,16,000 shares
Market Maker Reserveration	1,47,200 shares	2,88,000 shares
QIB	5,47,200 shares	10,80,000 shares
NII	4,11,200 shares	8,16,000 shares
RII	9,56,800 shares	18,96,000 shares
Employee	0 shares	0 shares
Others
Total	19,15,200 shares	37,92,000 shares

Bids Received (Subscription)

Deepak Chemtex IPO subscribed 403.03x in total, whereas Net Avenue Technologies IPO subscribed 511.21x.

	Deepak Chemtex IPO	Net Avenue Technologies IPO
QIB (times)	96.80x	61.99x
NII (times)	642.25x	616.25x
Big NII (times)
Small NII (times)
RII (times)	475.36x	721.89x
Employee (times)
Other (times)
Total (times)	403.03x	511.21x

Compare with others

Deepak Chemtex IPO	Net Avenue Technologies IPO
Marinetrans India IPO	Accent Microcell IPO
Shanti Spintex IPO	Marinetrans India IPO
Graphisads IPO	Shanti Spintex IPO
AMIC Forging IPO	Graphisads IPO
Net Avenue Technologies IPO	AMIC Forging IPO
Swashthik Plascon IPO	Deepak Chemtex IPO
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Kalyani Cast Tech IPO	Arrowhead Seperation Engineering IPO
ROX Hi-Tech IPO	Kalyani Cast Tech IPO

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