Aether Industries IPO vs Dreamfolks Services IPO

Comparision between Aether Industries IPO and Dreamfolks Services IPO.

IPO Details

Aether Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Dreamfolks Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aether Industries IPO	Dreamfolks Services IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Hdfc Bank Limited Kotak Mahindra Capital Company Limited	Equirus Capital Private Limited Motilal Oswal Investment Advisors Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
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 Aether Industries IPO is up to ₹808.04 Cr whereas the issue size of the Dreamfolks Services IPO is up to ₹562.10 Cr. The final issue price of Aether Industries IPO is ₹642.00 per share and of Dreamfolks Services IPO is ₹326.00 per share.

	Aether Industries IPO	Dreamfolks Services IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹610.00 per share	₹308.00 per share
Issue Price (Upper)	₹642.00 per share	₹326.00 per share
Issue Price (Final)	₹642.00 per share	₹326.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	23 shares	46 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹627.00 Cr
OFS Issue Size	28,20,000 shares	1,72,42,368 shares
OFS Issue Size (Amount)	up to ₹181.04 Cr	up to ₹562.10 Cr
Issue Size Total		1,72,42,368 shares
Issue Size Total (Amount)	up to ₹808.04 Cr	up to ₹562.10 Cr

IPO Timetable

Aether Industries IPO opens on May 24, 2022, while Dreamfolks Services IPO opens on Aug 24, 2022. The closing date of Aether Industries IPO and Dreamfolks Services IPO is May 26, 2022, and Aug 26, 2022, respectively.

	Aether Industries IPO	Dreamfolks Services IPO
Anchor Bid Date
Issue Open	May 24, 2022	Aug 24, 2022
Issue Close	May 26, 2022	Aug 26, 2022
Basis Of Allotment (Tentative)	May 31, 2022	Sep 01, 2022
Initiation of Refunds (Tentative)	Jun 01, 2022	Sep 02, 2022
Credit of Share (Tentative)	Jun 02, 2022	Sep 05, 2022
Listing date (Tentative)	Jun 03, 2022	Sep 06, 2022
Anchor Lockin End date 1	Jun 30, 2022	Oct 01, 2022
Anchor Lockin End date 2	Aug 29, 2022	Nov 30, 2022

Financials

Aether Industries IPO P/E ratio is 72.3, as compared to Dreamfolks Services IPO P/E ratio of 104.82.

Aether Industries IPO

Dreamfolks Services IPO

Financial

Aether Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-19	206.68	203.28	23.34
31-Mar-20	300.47	303.78	39.96
31-Mar-21	452.94	453.79	71.12
31-Dec-21	709.56	449.32	82.9
Amount in ₹ Crore

Dreamfolks Services Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	137.76	367.81	31.68	65.51
31-Mar-21	122.5	108.11	-1.45	64.3
31-Mar-22	168.68	283.99	16.25	82.16
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

96.96%

100%

Promoter Shareholding (Post-Issue)

87.09%

67%

P/E Ratio

72.3

104.82

Market Cap

₹7991.79 Cr.

₹1703.35 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aether Industries IPO retail investors (RII) are offered 45,43,517 shares while in Dreamfolks Services IPO retail investors are offered 45,43,517 shares. Qualified institutional buyers (QIB) are offered 27,48,241 shares in Aether Industries IPO and 51,72,711 shares in Dreamfolks Services IPO.

	Aether Industries IPO	Dreamfolks Services IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	27,48,241 shares	51,72,711 shares
NII	19,47,222 shares	25,86,355 shares
RII	45,43,517 shares	17,24,236 shares
Employee	1,17,213 shares	0 shares
Others
Total	93,56,193 shares	94,83,302 shares

Bids Received (Subscription)

Aether Industries IPO subscribed 6.26x in total, whereas Dreamfolks Services IPO subscribed 56.68x.

	Aether Industries IPO	Dreamfolks Services IPO
QIB (times)	17.57x	70.53x
NII (times)	2.52x	37.66x
Big NII (times)		40.94x
Small NII (times)		31.10x
RII (times)	1.14x	43.66x
Employee (times)	1.06x
Other (times)
Total (times)	6.26x	56.68x

Compare with others

Aether Industries IPO	Dreamfolks Services IPO
DCX Systems IPO	Kaynes Technology IPO
Tamilnad Mercantile Bank IPO	Electronics Mart India IPO
Harsha Engineers IPO	DCX Systems IPO
Dreamfolks Services IPO	Tamilnad Mercantile Bank IPO
Syrma IPO	Harsha Engineers IPO
eMudhra IPO	Syrma IPO
Paradeep Phosphates IPO	Aether Industries IPO
Prudent Corporate Advisory Services IPO	eMudhra IPO
Rainbow Children Medicare IPO	Paradeep Phosphates IPO
Campus Activewear IPO	Prudent Corporate Advisory Services IPO

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