Divine Power IPO vs Falcon Technoprojects India IPO

Comparision between Divine Power IPO and Falcon Technoprojects India IPO.

IPO Details

Divine Power IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Falcon Technoprojects India IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Divine Power IPO	Falcon Technoprojects India IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Khambatta Securities Limited	Kunvarji Finstock Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Divine Power IPO is up to ₹22.76 Cr whereas the issue size of the Falcon Technoprojects India IPO is up to ₹13.69 Cr. The final issue price of Divine Power IPO is ₹40.00 per share and of Falcon Technoprojects India IPO is ₹92.00 per share.

	Divine Power IPO	Falcon Technoprojects India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹36.00 per share
Issue Price (Upper)	₹40.00 per share
Issue Price (Final)	₹40.00 per share	₹92.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	56,90,000 shares	14,88,000 shares
Fresh Issue Size (Amount)	up to ₹22.76 Cr	up to ₹13.69 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	56,90,000 shares	14,88,000 shares
Issue Size Total (Amount)	up to ₹22.76 Cr	up to ₹13.69 Cr

IPO Timetable

Divine Power IPO opens on Jun 25, 2024, while Falcon Technoprojects India IPO opens on Jun 19, 2024. The closing date of Divine Power IPO and Falcon Technoprojects India IPO is Jun 27, 2024, and Jun 21, 2024, respectively.

	Divine Power IPO	Falcon Technoprojects India IPO
Anchor Bid Date	Jun 24, 2024
Issue Open	Jun 25, 2024	Jun 19, 2024
Issue Close	Jun 27, 2024	Jun 21, 2024
Basis Of Allotment (Tentative)	Jun 28, 2024	Jun 24, 2024
Initiation of Refunds (Tentative)	Jul 01, 2024	Jun 25, 2024
Credit of Share (Tentative)	Jul 01, 2024	Jun 25, 2024
Listing date (Tentative)	Jul 02, 2024	Jun 26, 2024
Anchor Lockin End date 1	Jul 28, 2024
Anchor Lockin End date 2	Sep 26, 2024

Financials

Divine Power IPO P/E ratio is 9.85, as compared to Falcon Technoprojects India IPO P/E ratio of 34.25.

Divine Power IPO

Falcon Technoprojects India IPO

Financial

Divine Power Energy Limited Financial Information (Restated)

Divine Power Energy Limited's revenue increased by 47.65% and profit after tax (PAT) rose by 124.82% 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	8,889.24	7,253.31	6,276.46
Revenue	22,272.00	15,084.20	12,290.38
Profit After Tax	640.59	284.94	80.51
Net Worth	2,556.53	1,915.94	1,246.00
Reserves and Surplus	978.62	338.03	1,231.72
Total Borrowing	5,785.44	4,763.84	4,466.34
Amount in ₹ Lakhs

Falcon Technoprojects India Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,143.72	2,183.61	2,179.53	1,720.12
Revenue	1,036.62	1,656.59	2,290.07	946.35
Profit After Tax	86.98	103.92	102.76	29.60
Net Worth	898.75	334.47	230.56	127.79
Reserves and Surplus	511.87	284.47	180.56	77.79
Total Borrowing	781.04	1,232.02	962.81	729.75
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

84.20%

Promoter Shareholding (Post-Issue)

P/E Ratio

9.85

34.25

Market Cap

₹85.88 Cr.

₹49.28 Cr.

ROE

25.06%%

9.68%%

ROCE

16.25%%

11.54%%

Debt/Equity

2.26

EPS

₹4.06

₹2.69

RoNW

25.06%%

9.68%%

Shares Offered

In the Divine Power IPO retail investors (RII) are offered 21,11,978 shares while in Falcon Technoprojects India IPO retail investors are offered 21,11,978 shares. Qualified institutional buyers (QIB) are offered 12,17,110 shares in Divine Power IPO and 0 shares in Falcon Technoprojects India IPO.

	Divine Power IPO	Falcon Technoprojects India IPO
Anchor Investor Reserveration	16,20,000 shares
Market Maker Reserveration	2,88,000 shares	74,400 shares
QIB	12,17,110 shares	0 shares
NII	9,05,134 shares	7,06,800 shares
RII	21,11,978 shares	7,06,800 shares
Employee	0 shares	0 shares
Others
Total	42,34,222 shares	14,13,600 shares

Bids Received (Subscription)

Divine Power IPO subscribed 393.67x in total, whereas Falcon Technoprojects India IPO subscribed 65.32x.

	Divine Power IPO	Falcon Technoprojects India IPO
QIB (times)	135.84x
NII (times)	473.74x	45.02x
Big NII (times)
Small NII (times)
RII (times)	507.94x	82.72x
Employee (times)
Other (times)
Total (times)	393.67x	65.32x

Compare with others

Divine Power IPO	Falcon Technoprojects India IPO
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The Money Fair IPO	Durlax Top Surface IPO
Winny Immigration IPO	GEM Enviro IPO
Medicamen Organics IPO	GPES Solar IPO
EnNutrica IPO	United Cotfab IPO
Falcon Technoprojects India IPO	3C IT IPO

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