Diensten Tech IPO vs Shivalic Power Control IPO

Comparision between Diensten Tech IPO and Shivalic Power Control IPO.

IPO Details

Diensten Tech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shivalic Power Control IPO is a SME Book Built Issue proposed to list at NSE SME.

	Diensten Tech IPO	Shivalic Power Control 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	Corporate Capitalventures Pvt Ltd
Registrar	Kfin Technologies Limited	Skyline Financial Services Private Ltd
Market Maker	Share India Securities 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 Diensten Tech IPO is up to ₹22.08 Cr whereas the issue size of the Shivalic Power Control IPO is up to ₹64.32 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Shivalic Power Control IPO is ₹100.00 per share.

	Diensten Tech IPO	Shivalic Power Control IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share	₹95.00 per share
Issue Price (Upper)	₹100.00 per share	₹100.00 per share
Issue Price (Final)	₹100.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	22,08,000 shares	64,32,000 shares
Fresh Issue Size (Amount)	up to ₹22.08 Cr	up to ₹64.32 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,08,000 shares	64,32,000 shares
Issue Size Total (Amount)	up to ₹22.08 Cr	up to ₹64.32 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Shivalic Power Control IPO opens on Jun 24, 2024. The closing date of Diensten Tech IPO and Shivalic Power Control IPO is Jun 28, 2024, and Jun 26, 2024, respectively.

	Diensten Tech IPO	Shivalic Power Control IPO
Anchor Bid Date	Jun 25, 2024	Jun 21, 2024
Issue Open	Jun 26, 2024	Jun 24, 2024
Issue Close	Jun 28, 2024	Jun 26, 2024
Basis Of Allotment (Tentative)	Jul 01, 2024	Jun 27, 2024
Initiation of Refunds (Tentative)	Jul 02, 2024	Jun 28, 2024
Credit of Share (Tentative)	Jul 02, 2024	Jun 28, 2024
Listing date (Tentative)	Jul 03, 2024	Jul 01, 2024
Anchor Lockin End date 1	Jul 31, 2024	Jul 27, 2024
Anchor Lockin End date 2	Sep 29, 2024	Sep 25, 2024

Financials

Diensten Tech IPO P/E ratio is 344.83, as compared to Shivalic Power Control IPO P/E ratio of 24.69.

Diensten Tech IPO

Shivalic Power Control 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

Shivalic Power Control Limited Financial Information (Restated)

Shivalic Power Control Limited's revenue increased by 44.03% and profit after tax (PAT) rose by 309.78% 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	7,814.35	5,827.00	6,097.56	4,869.44
Revenue	6,379.16	8,269.39	5,741.44	5,238.00
Profit After Tax	760.11	716.26	174.79	67.28
Net Worth	3,063.44	2,303.33	1,587.07	1,412.28
Reserves and Surplus	3,110.22	2,350.11	1,633.85	1,459.05
Total Borrowing	3,328.94	899.92	2,722.65	2,393.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.50%

96.63%

Promoter Shareholding (Post-Issue)

69.97%

70.86%

P/E Ratio

344.83

24.69

Market Cap

₹241.16 Cr.

ROE

-67.50%%

28.33%%

ROCE

-20.74%%

19.20%%

Debt/Equity

7.29

1.09

EPS

₹0.29

₹4.05

RoNW

-67.77%%

28.33%%

Shares Offered

In the Diensten Tech IPO retail investors (RII) are offered 7,34,400 shares while in Shivalic Power Control IPO retail investors are offered 7,34,400 shares. Qualified institutional buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 12,19,200 shares in Shivalic Power Control IPO.

	Diensten Tech IPO	Shivalic Power Control IPO
Anchor Investor Reserveration	6,27,600 shares	18,28,800 shares
Market Maker Reserveration	1,10,400 shares	3,36,000 shares
QIB	4,20,000 shares	12,19,200 shares
NII	3,15,600 shares	9,14,400 shares
RII	7,34,400 shares	21,33,600 shares
Employee	0 shares	0 shares
Others
Total	14,70,000 shares	42,67,200 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Shivalic Power Control IPO subscribed 257.24x.

	Diensten Tech IPO	Shivalic Power Control IPO
QIB (times)	9.60x	170.32x
NII (times)	154.99x	436.37x
Big NII (times)
Small NII (times)
RII (times)	35.87x	230.14x
Employee (times)
Other (times)
Total (times)	53.94x	257.24x

Compare with others

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

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