Dreamfolks Services IPO vs eMudhra IPO

Comparision between Dreamfolks Services IPO and eMudhra IPO.

IPO Details

Dreamfolks Services IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while eMudhra IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Dreamfolks Services IPO	eMudhra 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	Equirus Capital Private Limited Motilal Oswal Investment Advisors Limited	Iifl Securities Ltd Yes Securities (India) Limited Indorient Financial Services Ltd
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 Dreamfolks Services IPO is up to ₹562.10 Cr whereas the issue size of the eMudhra IPO is up to ₹412.79 Cr. The final issue price of Dreamfolks Services IPO is ₹326.00 per share and of eMudhra IPO is ₹256.00 per share.

	Dreamfolks Services IPO	eMudhra IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹308.00 per share	₹243.00 per share
Issue Price (Upper)	₹326.00 per share	₹256.00 per share
Issue Price (Final)	₹326.00 per share	₹256.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	46 shares	58 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹161.00 Cr
OFS Issue Size	1,72,42,368 shares	98,35,394 shares
OFS Issue Size (Amount)	up to ₹562.10 Cr	up to ₹251.79 Cr
Issue Size Total	1,72,42,368 shares
Issue Size Total (Amount)	up to ₹562.10 Cr	up to ₹412.79 Cr

IPO Timetable

Dreamfolks Services IPO opens on Aug 24, 2022, while eMudhra IPO opens on May 20, 2022. The closing date of Dreamfolks Services IPO and eMudhra IPO is Aug 26, 2022, and May 24, 2022, respectively.

	Dreamfolks Services IPO	eMudhra IPO
Anchor Bid Date
Issue Open	Aug 24, 2022	May 20, 2022
Issue Close	Aug 26, 2022	May 24, 2022
Basis Of Allotment (Tentative)	Sep 01, 2022	May 27, 2022
Initiation of Refunds (Tentative)	Sep 02, 2022	May 30, 2022
Credit of Share (Tentative)	Sep 05, 2022	May 31, 2022
Listing date (Tentative)	Sep 06, 2022	Jun 01, 2022
Anchor Lockin End date 1	Oct 01, 2022	Jun 26, 2022
Anchor Lockin End date 2	Nov 30, 2022	Aug 25, 2022

Financials

Dreamfolks Services IPO P/E ratio is 104.82, as compared to eMudhra IPO P/E ratio of 49.42.

Dreamfolks Services IPO

eMudhra IPO

Financial

Dreamfolks Services Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	137.76	367.81	31.68	65.51
31-Mar-21	122.5	108.11	-1.45	64.3
31-Mar-22	168.68	283.99	16.25	82.16
Amount in ₹ Crore

Summary of financial Information (Restated Consolidated Statement)
Particulars	For the year/period ended (Rs in millions)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	2,541.11	1,919.14	1,587.11	1,195.15
Total Revenue	1,383.04	1,324.54	1,167.99	1,016.80
Profit After Tax	303.40	253.59	184.16	174.36

Promoter Shareholding (Pre-Issue)

100%

79.19%

Promoter Shareholding (Post-Issue)

67%

61.03%

P/E Ratio

104.82

49.42

Market Cap

₹1703.35 Cr.

₹1998.65 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Dreamfolks Services IPO retail investors (RII) are offered 17,24,236 shares while in eMudhra IPO retail investors are offered 17,24,236 shares. Qualified institutional buyers (QIB) are offered 51,72,711 shares in Dreamfolks Services IPO and 31,34,329 shares in eMudhra IPO.

	Dreamfolks Services IPO	eMudhra IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	51,72,711 shares	31,34,329 shares
NII	25,86,355 shares	24,69,137 shares
RII	17,24,236 shares	57,61,318 shares
Employee	0 shares	0 shares
Others
Total	94,83,302 shares	1,13,64,784 shares

Bids Received (Subscription)

Dreamfolks Services IPO subscribed 56.68x in total, whereas eMudhra IPO subscribed 2.72x.

	Dreamfolks Services IPO	eMudhra IPO
QIB (times)	70.53x	4.05x
NII (times)	37.66x	1.28x
Big NII (times)	40.94x
Small NII (times)	31.10x
RII (times)	43.66x	2.61x
Employee (times)
Other (times)
Total (times)	56.68x	2.72x

Compare with others

Dreamfolks Services IPO	eMudhra IPO
Kaynes Technology IPO	Tamilnad Mercantile Bank IPO
Electronics Mart India IPO	Harsha Engineers IPO
DCX Systems IPO	Dreamfolks Services IPO
Tamilnad Mercantile Bank IPO	Syrma IPO
Harsha Engineers IPO	Aether Industries IPO
Syrma IPO	Paradeep Phosphates IPO
Aether Industries IPO	Prudent Corporate Advisory Services IPO
eMudhra IPO	Rainbow Children Medicare IPO
Paradeep Phosphates IPO	Campus Activewear IPO
Prudent Corporate Advisory Services IPO	Venus Pipes & Tubes IPO

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