Digikore Studios IPO vs Techknowgreen Solutions IPO

Comparision between Digikore Studios IPO and Techknowgreen Solutions IPO.

IPO Details

Digikore Studios IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Techknowgreen Solutions IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Digikore Studios IPO	Techknowgreen Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Sarthi Capital Advisors Private Limited	Indorient Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Alacrity Securities Ltd.
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 Digikore Studios IPO is up to ₹30.48 Cr whereas the issue size of the Techknowgreen Solutions IPO is up to ₹16.72 Cr. The final issue price of Digikore Studios IPO is ₹171.00 per share and of Techknowgreen Solutions IPO is ₹86.00 per share.

	Digikore Studios IPO	Techknowgreen Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹168.00 per share
Issue Price (Upper)	₹171.00 per share
Issue Price (Final)	₹171.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1600 shares
Fresh Issue Size	12,60,800 shares	19,44,000 shares
Fresh Issue Size (Amount)	up to ₹21.56 Cr	up to ₹16.72 Cr
OFS Issue Size	5,21,600 shares
OFS Issue Size (Amount)	up to ₹8.92 Cr
Issue Size Total	17,82,400 shares	19,44,000 shares
Issue Size Total (Amount)	up to ₹30.48 Cr	up to ₹16.72 Cr

IPO Timetable

Digikore Studios IPO opens on Sep 25, 2023, while Techknowgreen Solutions IPO opens on Sep 18, 2023. The closing date of Digikore Studios IPO and Techknowgreen Solutions IPO is Sep 27, 2023, and Sep 21, 2023, respectively.

	Digikore Studios IPO	Techknowgreen Solutions IPO
Anchor Bid Date	Sep 22, 2023
Issue Open	Sep 25, 2023	Sep 18, 2023
Issue Close	Sep 27, 2023	Sep 21, 2023
Basis Of Allotment (Tentative)	Sep 29, 2023	Sep 26, 2023
Initiation of Refunds (Tentative)	Oct 03, 2023	Sep 27, 2023
Credit of Share (Tentative)	Oct 03, 2023	Sep 28, 2023
Listing date (Tentative)	Oct 04, 2023	Sep 27, 2023
Anchor Lockin End date 1	Oct 29, 2023	Oct 26, 2023
Anchor Lockin End date 2	Dec 28, 2023	Dec 25, 2023

Financials

Digikore Studios IPO P/E ratio is 4.63, as compared to Techknowgreen Solutions IPO P/E ratio of 9.71.

Digikore Studios IPO

Techknowgreen Solutions IPO

Financial

Digikore Studios IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023	30 Jun 2023
Assets	797.83	825.24	1,932.41	2,518.83
Revenue	615.53	2,488.39	3,692.38	1,186.49
Profit After Tax	1.80	46.54	389.17	270.89
Net Worth	106.94	153.48	542.66	813.30
Reserves and Surplus	-11.46	35.08	424.26	694.30
Total Borrowing		349.46	608.55	912.25

Amount in ₹ Lakhs

Techknowgreen Solutions IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,181.75	953.94	1,237.25
Revenue	785.27	999.09	1,486.28
Profit After Tax	37.17	108.18	451.38
Net Worth	296.43	355.86	633.63
Reserves and Surplus	-213.20	-153.76	124.00
Total Borrowing	450.71	285.86	287.40

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

93.38%

89.02%

Promoter Shareholding (Post-Issue)

66.55%

65.58%

P/E Ratio

4.63

9.71

Market Cap

₹108.29 Cr.

₹63.49 Cr.

ROE

74.03%%

88.57%%

ROCE

92.23%%

98.74%%

Debt/Equity

1.03

0.45

EPS

₹36.95

₹8.86

RoNW

74.03%%

71.24%%

Shares Offered

In the Digikore Studios IPO retail investors (RII) are offered 5,61,600 shares while in Techknowgreen Solutions IPO retail investors are offered 5,61,600 shares. Qualified institutional buyers (QIB) are offered 3,20,800 shares in Digikore Studios IPO and 0 shares in Techknowgreen Solutions IPO.

	Digikore Studios IPO	Techknowgreen Solutions IPO
Anchor Investor Reserveration	4,80,800 shares
Market Maker Reserveration	1,78,400 shares	97,600 shares
QIB	3,20,800 shares	0 shares
NII	2,40,800 shares	9,23,200 shares
RII	5,61,600 shares	9,23,200 shares
Employee	0 shares	0 shares
Others
Total	11,23,200 shares	18,46,400 shares

Bids Received (Subscription)

Digikore Studios IPO subscribed 281.58x in total, whereas Techknowgreen Solutions IPO subscribed 12.98x.

	Digikore Studios IPO	Techknowgreen Solutions IPO
QIB (times)	65.63x
NII (times)	362.65x	9.08x
Big NII (times)
Small NII (times)
RII (times)	370.17x	15.82x
Employee (times)
Other (times)
Total (times)	281.58x	12.98x

Compare with others

Digikore Studios IPO	Techknowgreen Solutions IPO
Master Components IPO	Organic Recycling Systems IPO
Techknowgreen Solutions IPO	Sunita Tools IPO
Hi-Green Carbon IPO	Marco Cables & Conductors IPO
Kody Technolab IPO	Mangalam Alloys IPO
Holmarc Opto-Mechatronics IPO	Master Components IPO
Madhusudan Masala IPO	Hi-Green Carbon IPO
Cellecor Gadgets IPO	Kody Technolab IPO
Kundan Edifice IPO	Holmarc Opto-Mechatronics IPO
Meson Valves India IPO	Digikore Studios IPO
Chavda Infra IPO	Madhusudan Masala IPO

Comments

Add a public comment...