Diensten Tech IPO vs Effwa Infra and Research IPO

Comparision between Diensten Tech IPO and Effwa Infra and Research IPO.

IPO Details

Diensten Tech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Effwa Infra and Research IPO is a SME Book Built Issue proposed to list at NSE SME.

	Diensten Tech IPO	Effwa Infra and Research IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Professionals Capital Private Ltd	Shreni Shares Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Share India Securities Limited	Rikhav Securities Limited
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 Diensten Tech IPO is up to ₹22.08 Cr whereas the issue size of the Effwa Infra and Research IPO is up to ₹51.27 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Effwa Infra and Research IPO is ₹82.00 per share.

	Diensten Tech IPO	Effwa Infra and Research IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share	₹78.00 per share
Issue Price (Upper)	₹100.00 per share	₹82.00 per share
Issue Price (Final)	₹100.00 per share	₹82.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	22,08,000 shares	53,16,800 shares
Fresh Issue Size (Amount)	up to ₹22.08 Cr	up to ₹43.60 Cr
OFS Issue Size		9,36,000 shares
OFS Issue Size (Amount)		up to ₹7.68 Cr
Issue Size Total	22,08,000 shares	62,52,800 shares
Issue Size Total (Amount)	up to ₹22.08 Cr	up to ₹51.27 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Effwa Infra and Research IPO opens on Jul 05, 2024. The closing date of Diensten Tech IPO and Effwa Infra and Research IPO is Jun 28, 2024, and Jul 09, 2024, respectively.

	Diensten Tech IPO	Effwa Infra and Research IPO
Anchor Bid Date	Jun 25, 2024	Jul 04, 2024
Issue Open	Jun 26, 2024	Jul 05, 2024
Issue Close	Jun 28, 2024	Jul 09, 2024
Basis Of Allotment (Tentative)	Jul 01, 2024	Jul 10, 2024
Initiation of Refunds (Tentative)	Jul 02, 2024	Jul 11, 2024
Credit of Share (Tentative)	Jul 02, 2024	Jul 11, 2024
Listing date (Tentative)	Jul 03, 2024	Jul 12, 2024
Anchor Lockin End date 1	Jul 31, 2024	Aug 09, 2024
Anchor Lockin End date 2	Sep 29, 2024	Oct 08, 2024

Financials

Diensten Tech IPO P/E ratio is 344.83, as compared to Effwa Infra and Research IPO P/E ratio of 10.59.

Diensten Tech IPO

Effwa Infra and Research IPO

Financial

Diensten Tech Limited Financial Information (Restated)

Diensten Tech Limited's revenue increased by 4813.51% and profit after tax (PAT) rose by 1007.59% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,019.89	1,504.81	203.66	370.24
Revenue	2,620.92	3,760.31	76.53	525.06
Profit After Tax	-171.70	16.06	1.45	117.07
Net Worth	253.34	425.05	139.99	-111.72
Reserves and Surplus	-351.92	-180.21	-196.27	-197.72
Total Borrowing	1,847.67	280.00		344.12
Amount in ₹ Lakhs

Effwa Infra & Research Limited Financial Information (Restated)

Effwa Infra & Research Limited's revenue increased by 26.08% and profit after tax (PAT) rose by 169% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,302.83	6,478.54	4,648.21
Revenue	14,551.46	11,541.36	10,461.67
Profit After Tax	1,380.06	513.04	459.99
Net Worth	3,715.05	2,355.89	1,842.85
Reserves and Surplus	1,932.01	2,123.32	1,610.28
Total Borrowing	1,406.44	1,623.01	1,026.11
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.50%

99.99%

Promoter Shareholding (Post-Issue)

69.97%

72.99%

P/E Ratio

344.83

10.59

Market Cap

₹189.81 Cr.

ROE

-67.50%%

45.46%%

ROCE

-20.74%%

40.99%%

Debt/Equity

7.29

0.38

EPS

₹0.29

₹7.74

RoNW

-67.77%%

37.15%%

Shares Offered

In the Diensten Tech IPO retail investors (RII) are offered 7,34,400 shares while in Effwa Infra and Research IPO retail investors are offered 7,34,400 shares. Qualified institutional buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 11,68,000 shares in Effwa Infra and Research IPO.

	Diensten Tech IPO	Effwa Infra and Research IPO
Anchor Investor Reserveration	6,27,600 shares	17,48,800 shares
Market Maker Reserveration	1,10,400 shares	3,24,800 shares
QIB	4,20,000 shares	11,68,000 shares
NII	3,15,600 shares	9,20,000 shares
RII	7,34,400 shares	20,91,200 shares
Employee	0 shares	0 shares
Others
Total	14,70,000 shares	41,79,200 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Effwa Infra and Research IPO subscribed 313.65x.

	Diensten Tech IPO	Effwa Infra and Research IPO
QIB (times)	9.60x	166.56x
NII (times)	154.99x	477.27x
Big NII (times)
Small NII (times)
RII (times)	35.87x	323.81x
Employee (times)
Other (times)
Total (times)	53.94x	313.65x

Compare with others

Diensten Tech IPO	Effwa Infra and Research IPO
Aelea Commodities IPO	Prizor Viztech IPO
Ganesh Green Bharat IPO	Sati Poly Plast IPO
Effwa Infra and Research IPO	Sahaj Solar IPO
Ambey Laboratories IPO	Aelea Commodities IPO
Nephro Care India IPO	Ganesh Green Bharat IPO
Visaman Global Sales IPO	Ambey Laboratories IPO
Mason Infratech IPO	Nephro Care India IPO
Petro Carbon and Chemicals IPO	Diensten Tech IPO
Sylvan Plyboard IPO	Visaman Global Sales IPO
Shivalic Power Control IPO	Mason Infratech IPO

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