DEE Piping Systems IPO vs Emcure Pharma IPO

Comparision between DEE Piping Systems IPO and Emcure Pharma IPO.

IPO Details

DEE Piping Systems IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Emcure Pharma IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	DEE Piping Systems IPO	Emcure Pharma 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	SBI Capital Markets Limited Equirus Capital Private Limited	Kotak Mahindra Capital Company Limited Axis Capital Limited J.P. Morgan India Private Limited Jefferies India Private 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 DEE Piping Systems IPO is up to ₹418.01 Cr whereas the issue size of the Emcure Pharma IPO is up to ₹1,952.03 Cr. The final issue price of DEE Piping Systems IPO is ₹203.00 per share and of Emcure Pharma IPO is ₹1,008.00 per share.

	DEE Piping Systems IPO	Emcure Pharma IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹193.00 per share	₹960.00 per share
Issue Price (Upper)	₹203.00 per share	₹1,008.00 per share
Issue Price (Final)	₹203.00 per share	₹1,008.00 per share
Discount (Retail)
Discount (Employee)	₹19.00 per share	₹90.00 per share
Market Lot Size	73 shares	14 shares
Fresh Issue Size	1,60,09,852 shares	79,36,507 shares
Fresh Issue Size (Amount)	up to ₹325.00 Cr	up to ₹800.00 Cr
OFS Issue Size	45,82,000 shares	1,14,28,839 shares
OFS Issue Size (Amount)	up to ₹93.01 Cr	up to ₹1,152.03 Cr
Issue Size Total	2,05,91,852 shares	1,93,65,346 shares
Issue Size Total (Amount)	up to ₹418.01 Cr	up to ₹1,952.03 Cr

IPO Timetable

DEE Piping Systems IPO opens on Jun 19, 2024, while Emcure Pharma IPO opens on Jul 03, 2024. The closing date of DEE Piping Systems IPO and Emcure Pharma IPO is Jun 21, 2024, and Jul 05, 2024, respectively.

	DEE Piping Systems IPO	Emcure Pharma IPO
Anchor Bid Date	Jun 18, 2024	Jul 02, 2024
Issue Open	Jun 19, 2024	Jul 03, 2024
Issue Close	Jun 21, 2024	Jul 05, 2024
Basis Of Allotment (Tentative)	Jun 24, 2024	Jul 08, 2024
Initiation of Refunds (Tentative)	Jun 25, 2024	Jul 09, 2024
Credit of Share (Tentative)	Jun 25, 2024	Jul 09, 2024
Listing date (Tentative)	Jun 26, 2024	Jul 10, 2024
Anchor Lockin End date 1	Jul 24, 2024	Aug 07, 2024
Anchor Lockin End date 2	Sep 22, 2024	Oct 06, 2024

Financials

DEE Piping Systems IPO P/E ratio is 83, as compared to Emcure Pharma IPO P/E ratio of 34.55.

DEE Piping Systems IPO

Emcure Pharma IPO

Financial

DEE Development Engineers Limited Financial Information (Restated Consolidated)

DEE Development Engineers Limited's revenue increased by 30.47% and profit after tax (PAT) rose by 58.25% 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	1,171.01	966.26	845.40	835.88
Revenue	557.86	614.32	470.84	513.03
Profit After Tax	14.34	12.97	8.20	14.21
Net Worth	428.19	413.70	401.37	448.50
Reserves and Surplus	380.23	408.17	395.85	432.81
Total Borrowing	407.14	352.62	285.36	257.17
Amount in ₹ Crore

Emcure Pharmaceuticals Limited Financial Information (Restated Consolidated)

Emcure Pharmaceuticals Limited's revenue increased by 11.33% and profit after tax (PAT) dropped by -6.1% 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	7,806.16	6,672.53	6,063.47
Revenue	6,715.24	6,031.72	5,918.86
Profit After Tax	527.58	561.85	702.56
Net Worth	2,952.28	2,501.13	1,987.55
Reserves and Surplus	2,722.40	2,293.77	1,791.03
Total Borrowing	2,091.94	2,202.42	2,102.19
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

98.90%

Promoter Shareholding (Post-Issue)

78.24%

P/E Ratio

34.55

Market Cap

₹1401.69 Cr.

₹19029.89 Cr.

ROE

16.90%%

ROCE

3.91%%

19.37%%

Debt/Equity

0.85

0.67

EPS

₹2.45

₹29.17

RoNW

3.35%%

16.87%%

Shares Offered

In the DEE Piping Systems IPO retail investors (RII) are offered 71,89,907 shares while in Emcure Pharma IPO retail investors are offered 71,89,907 shares. Qualified institutional buyers (QIB) are offered 41,08,518 shares in DEE Piping Systems IPO and 38,53,234 shares in Emcure Pharma IPO.

	DEE Piping Systems IPO	Emcure Pharma IPO
Anchor Investor Reserveration	61,62,777 shares	57,79,850 shares
Market Maker Reserveration
QIB	41,08,518 shares	38,53,234 shares
NII	30,81,389 shares	28,89,926 shares
RII	71,89,907 shares	67,43,160 shares
Employee	0 shares	1,08,900 shares
Others
Total	1,43,79,814 shares	1,37,03,538 shares

Bids Received (Subscription)

DEE Piping Systems IPO subscribed 103.03x in total, whereas Emcure Pharma IPO subscribed 67.87x.

	DEE Piping Systems IPO	Emcure Pharma IPO
QIB (times)	206.54x	191.24x
NII (times)	149.38x	49.32x
Big NII (times)	165.71x	54.90x
Small NII (times)	116.73x	38.16x
RII (times)	23.66x	7.36x
Employee (times)		8.81x
Other (times)
Total (times)	103.03x	67.87x

Compare with others

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