Deepak Chemtex IPO vs Rockingdeals Circular Economy IPO

Comparision between Deepak Chemtex IPO and Rockingdeals Circular Economy IPO.

IPO Details

Deepak Chemtex IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Rockingdeals Circular Economy IPO is a SME Book Built Issue proposed to list at NSE SME.

	Deepak Chemtex IPO	Rockingdeals Circular Economy 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	Corporate Capitalventures Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Ss Corporate 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 Deepak Chemtex IPO is up to ₹23.04 Cr whereas the issue size of the Rockingdeals Circular Economy IPO is up to ₹21.00 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of Rockingdeals Circular Economy IPO is ₹140.00 per share.

	Deepak Chemtex IPO	Rockingdeals Circular Economy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹76.00 per share	₹136.00 per share
Issue Price (Upper)	₹80.00 per share	₹140.00 per share
Issue Price (Final)	₹80.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	28,80,000 shares	15,00,000 shares
Fresh Issue Size (Amount)	up to ₹23.04 Cr	up to ₹21.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,80,000 shares	15,00,000 shares
Issue Size Total (Amount)	up to ₹23.04 Cr	up to ₹21.00 Cr

IPO Timetable

Deepak Chemtex IPO opens on Nov 29, 2023, while Rockingdeals Circular Economy IPO opens on Nov 22, 2023. The closing date of Deepak Chemtex IPO and Rockingdeals Circular Economy IPO is Dec 01, 2023, and Nov 24, 2023, respectively.

	Deepak Chemtex IPO	Rockingdeals Circular Economy IPO
Anchor Bid Date	Nov 28, 2023	Nov 21, 2023
Issue Open	Nov 29, 2023	Nov 22, 2023
Issue Close	Dec 01, 2023	Nov 24, 2023
Basis Of Allotment (Tentative)	Dec 06, 2023	Nov 28, 2023
Initiation of Refunds (Tentative)	Dec 07, 2023	Nov 29, 2023
Credit of Share (Tentative)	Dec 08, 2023	Nov 29, 2023
Listing date (Tentative)	Dec 06, 2023	Nov 30, 2023
Anchor Lockin End date 1	Jan 05, 2024	Dec 28, 2023
Anchor Lockin End date 2	Mar 05, 2024	Feb 26, 2024

Financials

Deepak Chemtex IPO P/E ratio is 10.14, as compared to Rockingdeals Circular Economy IPO P/E ratio of 33.33.

Deepak Chemtex IPO

Rockingdeals Circular Economy 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

Rocking Deals Circular Economy Limited Financial Information (Restated)

Rocking Deals Circular Economy Limited's revenue decreased by -1.01% and profit after tax (PAT) rose by 974.19% 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	1,437.45	1,226.60	1,397.27	1,863.09
Revenue	958.15	1,517.53	1,533.08	1,069.62
Profit After Tax	125.15	154.34	14.37	-1.48
Net Worth	818.46	693.31	538.97	539.48
Reserves and Surplus	450.58	681.05	526.71	527.21
Total Borrowing	372.81	393.20	406.10	411.85
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.40%

88.45%

Promoter Shareholding (Post-Issue)

73.05%

65.00%

P/E Ratio

10.14

33.33

Market Cap

₹86.91 Cr.

₹79.23 Cr.

ROE

50.27%%

25.05%%

ROCE

49.65%%

22.73%%

Debt/Equity

0.09

EPS

₹7.89

₹4.20

RoNW

40.17%%

22.26%%

Shares Offered

In the Deepak Chemtex IPO retail investors (RII) are offered 9,56,800 shares while in Rockingdeals Circular Economy IPO retail investors are offered 9,56,800 shares. Qualified institutional buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 2,80,000 shares in Rockingdeals Circular Economy IPO.

	Deepak Chemtex IPO	Rockingdeals Circular Economy IPO
Anchor Investor Reserveration	8,17,600 shares	4,20,000 shares
Market Maker Reserveration	1,47,200 shares	85,000 shares
QIB	5,47,200 shares	2,80,000 shares
NII	4,11,200 shares	2,15,000 shares
RII	9,56,800 shares	5,00,000 shares
Employee	0 shares	0 shares
Others
Total	19,15,200 shares	9,95,000 shares

Bids Received (Subscription)

Deepak Chemtex IPO subscribed 403.03x in total, whereas Rockingdeals Circular Economy IPO subscribed 213.64x.

	Deepak Chemtex IPO	Rockingdeals Circular Economy IPO
QIB (times)	96.80x	47.38x
NII (times)	642.25x	458.60x
Big NII (times)
Small NII (times)
RII (times)	475.36x	201.42x
Employee (times)
Other (times)
Total (times)	403.03x	213.64x

Compare with others

Deepak Chemtex IPO	Rockingdeals Circular Economy IPO
Marinetrans India IPO	Graphisads IPO
Shanti Spintex IPO	AMIC Forging IPO
Graphisads IPO	Net Avenue Technologies IPO
AMIC Forging IPO	Deepak Chemtex IPO
Net Avenue Technologies IPO	Swashthik Plascon IPO
Swashthik Plascon IPO	Arrowhead Seperation Engineering IPO
Rockingdeals Circular Economy IPO	Kalyani Cast Tech IPO
Arrowhead Seperation Engineering IPO	ROX Hi-Tech IPO
Kalyani Cast Tech IPO	Sunrest Lifescience IPO
ROX Hi-Tech IPO	Sheetal Universal IPO

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