Dynamic Services & Security IPO vs Promax Power Limited IPO

Comparision between Dynamic Services & Security IPO and Promax Power Limited IPO.

IPO Details

Dynamic Services & Security IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Promax Power Limited IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Dynamic Services & Security IPO	Promax Power Limited 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	Finshore Management Services Limited	Finshore Management Services Limited
Registrar	Cameo Corporate Services Limited	Cameo Corporate Services Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Dynamic Services & Security IPO is up to ₹24.13 Cr whereas the issue size of the Promax Power Limited IPO is up to ₹1.60 Cr. The final issue price of Dynamic Services & Security IPO is ₹51.00 per share and of Promax Power Limited IPO is ₹10.00 per share.

	Dynamic Services & Security IPO	Promax Power Limited IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	10000 shares
Fresh Issue Size		16,00,000 shares
Fresh Issue Size (Amount)		up to ₹1.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	47,32,000 shares	16,00,000 shares
Issue Size Total (Amount)	up to ₹24.13 Cr	up to ₹1.60 Cr

IPO Timetable

Dynamic Services & Security IPO opens on Sep 30, 2021, while Promax Power Limited IPO opens on Sep 30, 2021. The closing date of Dynamic Services & Security IPO and Promax Power Limited IPO is Oct 05, 2021, and Oct 04, 2021, respectively.

	Dynamic Services & Security IPO	Promax Power Limited IPO
Anchor Bid Date
Issue Open	Sep 30, 2021	Sep 30, 2021
Issue Close	Oct 05, 2021	Oct 04, 2021
Basis Of Allotment (Tentative)	Oct 08, 2021	Oct 07, 2021
Initiation of Refunds (Tentative)	Oct 11, 2021	Oct 08, 2021
Credit of Share (Tentative)	Oct 12, 2021	Oct 11, 2021
Listing date (Tentative)	Oct 13, 2021	Oct 12, 2021
Anchor Lockin End date 1	Nov 07, 2021	Nov 06, 2021
Anchor Lockin End date 2	Jan 06, 2022	Jan 05, 2022

Financials

Dynamic Services & Security IPO P/E ratio is , as compared to Promax Power Limited IPO P/E ratio of .

Dynamic Services & Security IPO

Promax Power Limited IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	710.57	816.21	480.91
Total Revenue	709.63	4.65	4.34
Profit After Tax	10.39	0.15	0.09

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	204.30	206.64	0.14
Total Revenue	368.89	77.63	NA
Profit After Tax	1.7839	3.1147	(0.0001)

Promoter Shareholding (Pre-Issue)

74.02%

99.99%

Promoter Shareholding (Post-Issue)

48.11%

73.33%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Dynamic Services & Security IPO retail investors (RII) are offered 22,48,000 shares while in Promax Power Limited IPO retail investors are offered 22,48,000 shares. Qualified institutional buyers (QIB) are offered in Dynamic Services & Security IPO and in Promax Power Limited IPO.

	Dynamic Services & Security IPO	Promax Power Limited IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,38,000 shares	80,000 shares
QIB
NII	22,46,000 shares	7,60,000 shares
RII	22,48,000 shares	7,60,000 shares
Employee
Others
Total	44,94,000 shares	15,20,000 shares

Bids Received (Subscription)

Dynamic Services & Security IPO subscribed 1.94x in total, whereas Promax Power Limited IPO subscribed 6.89x.

	Dynamic Services & Security IPO	Promax Power Limited IPO
QIB (times)
NII (times)	2.33x	2.39x
Big NII (times)
Small NII (times)
RII (times)	1.56x	11.38x
Employee (times)
Other (times)
Total (times)	1.94x	6.89x

Compare with others

Dynamic Services & Security IPO	Promax Power Limited IPO
CWD Limited IPO	DK Enterprises Global IPO
Adishakti Loha and Ispat IPO	CWD Limited IPO
Bombay Metrics Supply Chain IPO	Adishakti Loha and Ispat IPO
Samor Reality Limited IPO	Bombay Metrics Supply Chain IPO
Promax Power Limited IPO	Samor Reality Limited IPO
Destiny Logistics & Infra IPO	Dynamic Services & Security IPO
Shri Venkatesh Refineries IPO	Destiny Logistics & Infra IPO
Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
Getalong Enterprise Limited IPO	Jainam Ferro Alloys IPO
Quadpro ITES IPO	Getalong Enterprise Limited IPO

Comments

Add a public comment...