Ducol Organics And Colours IPO vs Earthstahl & Alloys IPO

Comparision between Ducol Organics And Colours IPO and Earthstahl & Alloys IPO.

IPO Details

Ducol Organics And Colours IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Earthstahl & Alloys IPO is a SME Book Built Issue proposed to list at BSE SME.

	Ducol Organics And Colours IPO	Earthstahl & Alloys IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	First Overseas Capital Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Bhh Securities Private Limited	Hem Securities Ltd.
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 Ducol Organics And Colours IPO is up to ₹31.51 Cr whereas the issue size of the Earthstahl & Alloys IPO is up to ₹12.96 Cr. The final issue price of Ducol Organics And Colours IPO is ₹78.00 per share and of Earthstahl & Alloys IPO is ₹40.00 per share.

	Ducol Organics And Colours IPO	Earthstahl & Alloys IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹38.00 per share
Issue Price (Upper)		₹40.00 per share
Issue Price (Final)	₹78.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	40,40,000 shares	32,40,000 shares
Fresh Issue Size (Amount)	up to ₹31.51 Cr	up to ₹12.96 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	40,40,000 shares	32,40,000 shares
Issue Size Total (Amount)	up to ₹31.51 Cr	up to ₹12.96 Cr

IPO Timetable

Ducol Organics And Colours IPO opens on Jan 09, 2023, while Earthstahl & Alloys IPO opens on Jan 27, 2023. The closing date of Ducol Organics And Colours IPO and Earthstahl & Alloys IPO is Jan 11, 2023, and Jan 31, 2023, respectively.

	Ducol Organics And Colours IPO	Earthstahl & Alloys IPO
Anchor Bid Date
Issue Open	Jan 09, 2023	Jan 27, 2023
Issue Close	Jan 11, 2023	Jan 31, 2023
Basis Of Allotment (Tentative)	Jan 16, 2023	Feb 03, 2023
Initiation of Refunds (Tentative)	Jan 17, 2023	Feb 06, 2023
Credit of Share (Tentative)	Jan 18, 2023	Feb 07, 2023
Listing date (Tentative)	Jan 19, 2023	Feb 08, 2023
Anchor Lockin End date 1	Feb 15, 2023	Mar 05, 2023
Anchor Lockin End date 2	Apr 16, 2023	May 04, 2023

Financials

Ducol Organics And Colours IPO P/E ratio is 13.59, as compared to Earthstahl & Alloys IPO P/E ratio of 4.22.

Ducol Organics And Colours IPO

Earthstahl & Alloys IPO

Financial

Ducol Organics And Colours Limited Financial Information (Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	6140.42	7372.13	7	1405.68	1105.68	2296.91
31-Mar-21	5710.12	7885.8	281.43	1610.63	1389.94	1656.68
31-Mar-22	6347.51	8893.61	491.11	2089.57	1853.14	1991.51
30-Sep-22	6055.33	4874.8	417.22	2484.83	1490.35	1350.01
Amount in ₹ Lakhs

Earthstahl & Alloys Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,990.73	3,181.58	-33.49	44.24	200.22	1,733.71
31-Mar-21	2,817.23	2,457.53	267.31	311.55	467.53	1,396.82
31-Mar-22	3,592.61	4,907.54	745.48	1,057.03	1,213.01	1,399.97
30-Sep-22	4,303.34	4,824.68	580.47	1,637.50	1,793.48	1,092.93
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

79.46%

100.00%

Promoter Shareholding (Post-Issue)

57.38%

73.53%

P/E Ratio

13.59

4.22

Market Cap

₹113.41 Cr.

₹48.96 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Ducol Organics And Colours IPO retail investors (RII) are offered 18,19,200 shares while in Earthstahl & Alloys IPO retail investors are offered 18,19,200 shares. Qualified institutional buyers (QIB) are offered in Ducol Organics And Colours IPO and 9,18,000 shares in Earthstahl & Alloys IPO.

	Ducol Organics And Colours IPO	Earthstahl & Alloys IPO
Anchor Investor Reserveration
Market Maker Reserveration	4,01,600 shares	1,68,000 shares
QIB		9,18,000 shares
NII	18,19,200 shares	10,77,000 shares
RII	18,19,200 shares	10,77,000 shares
Employee
Others
Total	36,38,400 shares	30,72,000 shares

Bids Received (Subscription)

Ducol Organics And Colours IPO subscribed 44.63x in total, whereas Earthstahl & Alloys IPO subscribed 235.18x.

	Ducol Organics And Colours IPO	Earthstahl & Alloys IPO
QIB (times)		39.83x
NII (times)	58.15x	445.09x
Big NII (times)
Small NII (times)
RII (times)	31.11x	191.77x
Employee (times)
Other (times)
Total (times)	44.63x	235.18x

Compare with others

Ducol Organics And Colours IPO	Earthstahl & Alloys IPO
Gayatri Rubbers and Chemicals IPO	Lead Reclaim and Rubber Products IPO
Earthstahl & Alloys IPO	Indong Tea Company IPO
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DHARNI Capital Services IPO	Shera Energy IPO
Aristo Bio-Tech and Lifescience IPO	Gayatri Rubbers and Chemicals IPO
Eastern Logica Infoway IPO	Transvoy Logistics India IPO
Chaman Metallics IPO	DHARNI Capital Services IPO
Rex Sealing and Packing Industries IPO	Aristo Bio-Tech and Lifescience IPO
SVS Ventures IPO	Ducol Organics And Colours IPO
Anlon Technology Solutions IPO	Eastern Logica Infoway IPO

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