Diensten Tech IPO vs Petro Carbon and Chemicals IPO

Comparision between Diensten Tech IPO and Petro Carbon and Chemicals IPO.

IPO Details

Diensten Tech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Petro Carbon and Chemicals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Diensten Tech IPO	Petro Carbon and Chemicals 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	Corporate Professionals Capital Private Ltd	GYR Capital Advisors Private Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Share India Securities Limited	Giriraj Stock Broking Private 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 Diensten Tech IPO is up to ₹22.08 Cr whereas the issue size of the Petro Carbon and Chemicals IPO is up to ₹113.16 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Petro Carbon and Chemicals IPO is ₹171.00 per share.

	Diensten Tech IPO	Petro Carbon and Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share	₹162.00 per share
Issue Price (Upper)	₹100.00 per share	₹171.00 per share
Issue Price (Final)	₹100.00 per share	₹171.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	800 shares
Fresh Issue Size	22,08,000 shares
Fresh Issue Size (Amount)	up to ₹22.08 Cr
OFS Issue Size		66,17,600 shares
OFS Issue Size (Amount)		up to ₹113.16 Cr
Issue Size Total	22,08,000 shares	66,17,600 shares
Issue Size Total (Amount)	up to ₹22.08 Cr	up to ₹113.16 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Petro Carbon and Chemicals IPO opens on Jun 25, 2024. The closing date of Diensten Tech IPO and Petro Carbon and Chemicals IPO is Jun 28, 2024, and Jun 27, 2024, respectively.

	Diensten Tech IPO	Petro Carbon and Chemicals IPO
Anchor Bid Date	Jun 25, 2024	Jun 24, 2024
Issue Open	Jun 26, 2024	Jun 25, 2024
Issue Close	Jun 28, 2024	Jun 27, 2024
Basis Of Allotment (Tentative)	Jul 01, 2024	Jun 28, 2024
Initiation of Refunds (Tentative)	Jul 02, 2024	Jul 01, 2024
Credit of Share (Tentative)	Jul 02, 2024	Jul 01, 2024
Listing date (Tentative)	Jul 03, 2024	Jul 02, 2024
Anchor Lockin End date 1	Jul 31, 2024	Jul 28, 2024
Anchor Lockin End date 2	Sep 29, 2024	Sep 26, 2024

Financials

Diensten Tech IPO P/E ratio is 344.83, as compared to Petro Carbon and Chemicals IPO P/E ratio of 66.02.

Diensten Tech IPO

Petro Carbon and Chemicals IPO

Financial

Diensten Tech Limited Financial Information (Restated)

Diensten Tech Limited's revenue increased by 4813.51% and profit after tax (PAT) rose by 1007.59% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,019.89	1,504.81	203.66	370.24
Revenue	2,620.92	3,760.31	76.53	525.06
Profit After Tax	-171.70	16.06	1.45	117.07
Net Worth	253.34	425.05	139.99	-111.72
Reserves and Surplus	-351.92	-180.21	-196.27	-197.72
Total Borrowing	1,847.67	280.00		344.12
Amount in ₹ Lakhs

Petro Carbon and Chemicals Limited Financial Information (Restated Standalone)

Petro Carbon and Chemicals Limited's revenue increased by 84.92% and profit after tax (PAT) rose by 17.8% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	27,432.35	26,379.12	27,703.56	15,992.29
Revenue	44,711.11	51,760.99	27,990.70	15,528.68
Profit After Tax	7,031.16	672.65	570.99	11.64
Net Worth	10,653.34	3,752.81	3,080.17	2,509.17
Reserves and Surplus	12,528.21	5,561.06	4,973.20	4,489.97
Total Borrowing	8,063.02	17,582.78	19,418.00	8,182.43
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.50%

100.00%

Promoter Shareholding (Post-Issue)

69.97%

P/E Ratio

344.83

66.02

Market Cap

ROE

-67.50%%

ROCE

-20.74%%

60.36%%

Debt/Equity

7.29

0.54

EPS

₹0.29

RoNW

-67.77%%

66.00%%

Shares Offered

In the Diensten Tech IPO retail investors (RII) are offered 7,34,400 shares while in Petro Carbon and Chemicals IPO retail investors are offered 7,34,400 shares. Qualified institutional buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 12,36,800 shares in Petro Carbon and Chemicals IPO.

	Diensten Tech IPO	Petro Carbon and Chemicals IPO
Anchor Investor Reserveration	6,27,600 shares	18,55,200 shares
Market Maker Reserveration	1,10,400 shares	4,30,400 shares
QIB	4,20,000 shares	12,36,800 shares
NII	3,15,600 shares	9,28,800 shares
RII	7,34,400 shares	21,66,400 shares
Employee	0 shares	0 shares
Others
Total	14,70,000 shares	43,32,000 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Petro Carbon and Chemicals IPO subscribed 92.01x.

	Diensten Tech IPO	Petro Carbon and Chemicals IPO
QIB (times)	9.60x	94.49x
NII (times)	154.99x	129.91x
Big NII (times)
Small NII (times)
RII (times)	35.87x	74.34x
Employee (times)
Other (times)
Total (times)	53.94x	92.01x

Compare with others

Diensten Tech IPO	Petro Carbon and Chemicals IPO
Aelea Commodities IPO	Ambey Laboratories IPO
Ganesh Green Bharat IPO	Nephro Care India IPO
Effwa Infra and Research IPO	Diensten Tech IPO
Ambey Laboratories IPO	Visaman Global Sales IPO
Nephro Care India IPO	Mason Infratech IPO
Visaman Global Sales IPO	Sylvan Plyboard IPO
Mason Infratech IPO	Shivalic Power Control IPO
Petro Carbon and Chemicals IPO	Divine Power IPO
Sylvan Plyboard IPO	The Money Fair IPO
Shivalic Power Control IPO	Winny Immigration IPO

Comments

Add a public comment...