DU Digital Technologies IPO vs Gretex Corporate Services IPO

Comparision between DU Digital Technologies IPO and Gretex Corporate Services IPO.

IPO Details

DU Digital Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Gretex Corporate Services IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	DU Digital Technologies IPO	Gretex Corporate Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of DU Digital Technologies IPO is up to ₹4.49 Cr whereas the issue size of the Gretex Corporate Services IPO is up to ₹5.13 Cr. The final issue price of DU Digital Technologies IPO is ₹65.00 per share and of Gretex Corporate Services IPO is ₹170.00 per share.

	DU Digital Technologies IPO	Gretex Corporate Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹65.00 per share	₹170.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	800 shares
Fresh Issue Size		2,37,600 shares
Fresh Issue Size (Amount)		up to ₹4.04 Cr
OFS Issue Size		64,000 shares
OFS Issue Size (Amount)		up to ₹1.09 Cr
Issue Size Total	6,90,000 shares	3,01,600 shares
Issue Size Total (Amount)	up to ₹4.49 Cr	up to ₹5.13 Cr

IPO Timetable

DU Digital Technologies IPO opens on Aug 12, 2021, while Gretex Corporate Services IPO opens on Jul 27, 2021. The closing date of DU Digital Technologies IPO and Gretex Corporate Services IPO is Aug 17, 2021, and Jul 30, 2021, respectively.

	DU Digital Technologies IPO	Gretex Corporate Services IPO
Anchor Bid Date
Issue Open	Aug 12, 2021	Jul 27, 2021
Issue Close	Aug 17, 2021	Jul 30, 2021
Basis Of Allotment (Tentative)	Aug 23, 2021	Aug 04, 2021
Initiation of Refunds (Tentative)	Aug 24, 2021	Aug 05, 2021
Credit of Share (Tentative)	Aug 25, 2021	Aug 06, 2021
Listing date (Tentative)	Aug 26, 2021	Aug 09, 2021
Anchor Lockin End date 1	Sep 22, 2021	Sep 03, 2021
Anchor Lockin End date 2	Nov 21, 2021	Nov 02, 2021

Financials

DU Digital Technologies IPO P/E ratio is , as compared to Gretex Corporate Services IPO P/E ratio of .

DU Digital Technologies IPO

Gretex Corporate Services IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	391.41	772.23	1202.79
Total Revenue	226.78	3,206.44	3,747.93
Profit After Tax	10.53	(23.81)	70.62

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,011.22	838.21	946.16
Total Revenue	324.63	145.31	315.53
Profit After Tax	71.41	(115.21)	24.97

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.46%

73.48%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the DU Digital Technologies IPO retail investors (RII) are offered 3,26,000 shares while in Gretex Corporate Services IPO retail investors are offered 3,26,000 shares. Qualified institutional buyers (QIB) are offered in DU Digital Technologies IPO and in Gretex Corporate Services IPO.

	DU Digital Technologies IPO	Gretex Corporate Services IPO
Anchor Investor Reserveration
Market Maker Reserveration	38,000 shares	15,200 shares
QIB
NII	3,26,000 shares	1,43,200 shares
RII	3,26,000 shares	1,43,200 shares
Employee
Others
Total	6,52,000 shares	2,86,400 shares

Bids Received (Subscription)

DU Digital Technologies IPO subscribed 22.99x in total, whereas Gretex Corporate Services IPO subscribed 7.27x.

	DU Digital Technologies IPO	Gretex Corporate Services IPO
QIB (times)
NII (times)	6.71x	2.37x
Big NII (times)
Small NII (times)
RII (times)	39.28x	12.17x
Employee (times)
Other (times)
Total (times)	22.99x	7.27x

Compare with others

DU Digital Technologies IPO	Gretex Corporate Services IPO
Prevest Denpro IPO	BEW Engineering IPO
Platinumone Business Services IPO	SBL Infratech Limited IPO
Naapbooks Limited IPO	DU Digital Technologies IPO
BEW Engineering IPO	Aashka Hospitals IPO
SBL Infratech Limited IPO	NPST IPO
Aashka Hospitals IPO	Rex Pipes and Cables IPO
NPST IPO	AA Plus Tradelink IPO
Gretex Corporate Services IPO	Walpar Nutritions IPO
Rex Pipes and Cables IPO	Focus Business Solution IPO
AA Plus Tradelink IPO	Times Green Energy IPO

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