Diensten Tech IPO vs Ganesh Green Bharat IPO

Comparision between Diensten Tech IPO and Ganesh Green Bharat IPO.

IPO Details

Diensten Tech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Ganesh Green Bharat IPO is a SME Book Built Issue proposed to list at NSE SME.

	Diensten Tech IPO	Ganesh Green Bharat 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	Hem Securities Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker	Share India Securities Limited	Hem Finlease Private 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 Ganesh Green Bharat IPO is up to ₹125.23 Cr. The final issue price of Diensten Tech IPO is ₹100.00 per share and of Ganesh Green Bharat IPO is ₹190.00 per share.

	Diensten Tech IPO	Ganesh Green Bharat IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share	₹181.00 per share
Issue Price (Upper)	₹100.00 per share	₹190.00 per share
Issue Price (Final)	₹100.00 per share	₹190.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	600 shares
Fresh Issue Size	22,08,000 shares	65,91,000 shares
Fresh Issue Size (Amount)	up to ₹22.08 Cr	up to ₹125.23 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,08,000 shares	65,91,000 shares
Issue Size Total (Amount)	up to ₹22.08 Cr	up to ₹125.23 Cr

IPO Timetable

Diensten Tech IPO opens on Jun 26, 2024, while Ganesh Green Bharat IPO opens on Jul 05, 2024. The closing date of Diensten Tech IPO and Ganesh Green Bharat IPO is Jun 28, 2024, and Jul 09, 2024, respectively.

	Diensten Tech IPO	Ganesh Green Bharat 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 Ganesh Green Bharat IPO P/E ratio of 15.85.

Diensten Tech IPO

Ganesh Green Bharat 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

Ganesh Green Bharat Limited Financial Information (Restated Consolidated)

Ganesh Green Bharat Limited's revenue increased by 89.82% and profit after tax (PAT) rose by 167.67% 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	15,029.82	8,786.05	8,835.50
Revenue	17,196.48	9,059.53	10,612.10
Profit After Tax	2,183.02	815.57	520.75
Net Worth	5,727.64	2,707.34	2,707.34
Reserves and Surplus	3,906.64	3,402.91	2,587.34
Total Borrowing	5,370.17	2,738.89	2,247.06
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.50%

100%

Promoter Shareholding (Post-Issue)

69.97%

73.42%

P/E Ratio

344.83

15.85

Market Cap

₹509.22 Cr.

ROE

-67.50%%

46.42%%

ROCE

-20.74%%

29.98%%

Debt/Equity

7.29

0.94

EPS

₹0.29

₹11.99

RoNW

-67.77%%

34.72%%

Shares Offered

In the Diensten Tech IPO retail investors (RII) are offered 7,34,400 shares while in Ganesh Green Bharat IPO retail investors are offered 7,34,400 shares. Qualified institutional buyers (QIB) are offered 4,20,000 shares in Diensten Tech IPO and 12,38,400 shares in Ganesh Green Bharat IPO.

	Diensten Tech IPO	Ganesh Green Bharat IPO
Anchor Investor Reserveration	6,27,600 shares	18,57,600 shares
Market Maker Reserveration	1,10,400 shares	3,31,200 shares
QIB	4,20,000 shares	12,38,400 shares
NII	3,15,600 shares	9,29,400 shares
RII	7,34,400 shares	21,68,400 shares
Employee	0 shares	0 shares
Others
Total	14,70,000 shares	44,02,200 shares

Bids Received (Subscription)

Diensten Tech IPO subscribed 53.94x in total, whereas Ganesh Green Bharat IPO subscribed 229.92x.

	Diensten Tech IPO	Ganesh Green Bharat IPO
QIB (times)	9.60x	154.50x
NII (times)	154.99x	470.44x
Big NII (times)
Small NII (times)
RII (times)	35.87x	176.88x
Employee (times)
Other (times)
Total (times)	53.94x	229.92x

Compare with others

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

Comments

Add a public comment...