Durlax Top Surface IPO vs Falcon Technoprojects India IPO

Comparision between Durlax Top Surface IPO and Falcon Technoprojects India IPO.

IPO Details

Durlax Top Surface 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.

	Durlax Top Surface 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	Expert Global Consultants Private Limited	Kunvarji Finstock Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Globalworth Securities 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 Durlax Top Surface IPO is up to ₹40.80 Cr whereas the issue size of the Falcon Technoprojects India IPO is up to ₹13.69 Cr. The final issue price of Durlax Top Surface IPO is ₹68.00 per share and of Falcon Technoprojects India IPO is ₹92.00 per share.

	Durlax Top Surface IPO	Falcon Technoprojects India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹65.00 per share
Issue Price (Upper)	₹68.00 per share
Issue Price (Final)	₹68.00 per share	₹92.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	42,00,000 shares	14,88,000 shares
Fresh Issue Size (Amount)	up to ₹28.56 Cr	up to ₹13.69 Cr
OFS Issue Size	18,00,000 shares
OFS Issue Size (Amount)	up to ₹12.24 Cr
Issue Size Total	60,00,000 shares	14,88,000 shares
Issue Size Total (Amount)	up to ₹40.80 Cr	up to ₹13.69 Cr

IPO Timetable

Durlax Top Surface IPO opens on Jun 19, 2024, while Falcon Technoprojects India IPO opens on Jun 19, 2024. The closing date of Durlax Top Surface IPO and Falcon Technoprojects India IPO is Jun 21, 2024, and Jun 21, 2024, respectively.

	Durlax Top Surface IPO	Falcon Technoprojects India IPO
Anchor Bid Date	Jun 18, 2024
Issue Open	Jun 19, 2024	Jun 19, 2024
Issue Close	Jun 21, 2024	Jun 21, 2024
Basis Of Allotment (Tentative)	Jun 24, 2024	Jun 24, 2024
Initiation of Refunds (Tentative)	Jun 25, 2024	Jun 25, 2024
Credit of Share (Tentative)	Jun 25, 2024	Jun 25, 2024
Listing date (Tentative)	Jun 26, 2024	Jun 26, 2024
Anchor Lockin End date 1	Jul 24, 2024
Anchor Lockin End date 2	Sep 22, 2024

Financials

Durlax Top Surface IPO P/E ratio is 16.73, as compared to Falcon Technoprojects India IPO P/E ratio of 34.25.

Durlax Top Surface IPO

Falcon Technoprojects India IPO

Financial

Durlax Top Surface Limited Financial Information (Restated)

Durlax Top Surface Limited's revenue increased by 35.9% and profit after tax (PAT) rose by 141.15% 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	10,553.50	7,673.02	7,168.11
Revenue	9,083.93	6,684.20	4,741.81
Profit After Tax	505.07	209.44	48.42
Net Worth	2,184.38	1,671.21	1,292.27
Reserves and Surplus	941.61	431.14	1,277.29
Total Borrowing	6,070.71	3,690.93	3,929.82
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)

95.44%

84.20%

Promoter Shareholding (Post-Issue)

60.35%

P/E Ratio

16.73

34.25

Market Cap

₹113.07 Cr.

₹49.28 Cr.

ROE

26.20%%

9.68%%

ROCE

20.20%%

11.54%%

Debt/Equity

2.78

EPS

₹4.06

₹2.69

RoNW

23.12%%

9.68%%

Shares Offered

In the Durlax Top Surface IPO retail investors (RII) are offered 20,00,000 shares while in Falcon Technoprojects India IPO retail investors are offered 20,00,000 shares. Qualified institutional buyers (QIB) are offered 22,52,000 shares in Durlax Top Surface IPO and 0 shares in Falcon Technoprojects India IPO.

	Durlax Top Surface IPO	Falcon Technoprojects India IPO
Anchor Investor Reserveration	5,92,000 shares
Market Maker Reserveration	3,00,000 shares	74,400 shares
QIB	22,52,000 shares	0 shares
NII	8,56,000 shares	7,06,800 shares
RII	20,00,000 shares	7,06,800 shares
Employee	0 shares	0 shares
Others
Total	51,08,000 shares	14,13,600 shares

Bids Received (Subscription)

Durlax Top Surface IPO subscribed 166.79x in total, whereas Falcon Technoprojects India IPO subscribed 65.32x.

	Durlax Top Surface IPO	Falcon Technoprojects India IPO
QIB (times)	48.29x
NII (times)	415.06x	45.02x
Big NII (times)
Small NII (times)
RII (times)	193.95x	82.72x
Employee (times)
Other (times)
Total (times)	166.79x	65.32x

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