Dhariwalcorp IPO vs Kizi Apparels IPO

Comparision between Dhariwalcorp IPO and Kizi Apparels IPO.

IPO Details

Dhariwalcorp IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Kizi Apparels IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Dhariwalcorp IPO	Kizi Apparels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Interactive Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Beeline Broking Ltd.
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 Dhariwalcorp IPO is up to ₹25.15 Cr whereas the issue size of the Kizi Apparels IPO is up to ₹5.58 Cr. The final issue price of Dhariwalcorp IPO is ₹106.00 per share and of Kizi Apparels IPO is ₹21.00 per share.

	Dhariwalcorp IPO	Kizi Apparels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share
Issue Price (Upper)	₹106.00 per share
Issue Price (Final)	₹106.00 per share	₹21.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	6000 shares
Fresh Issue Size	23,72,400 shares	26,58,000 shares
Fresh Issue Size (Amount)	up to ₹25.15 Cr	up to ₹5.58 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	23,72,400 shares	26,58,000 shares
Issue Size Total (Amount)	up to ₹25.15 Cr	up to ₹5.58 Cr

IPO Timetable

Dhariwalcorp IPO opens on Aug 01, 2024, while Kizi Apparels IPO opens on Jul 30, 2024. The closing date of Dhariwalcorp IPO and Kizi Apparels IPO is Aug 05, 2024, and Aug 01, 2024, respectively.

	Dhariwalcorp IPO	Kizi Apparels IPO
Anchor Bid Date	Jul 31, 2024
Issue Open	Aug 01, 2024	Jul 30, 2024
Issue Close	Aug 05, 2024	Aug 01, 2024
Basis Of Allotment (Tentative)	Aug 06, 2024	Aug 02, 2024
Initiation of Refunds (Tentative)	Aug 07, 2024	Aug 05, 2024
Credit of Share (Tentative)	Aug 07, 2024	Aug 05, 2024
Listing date (Tentative)	Aug 08, 2024	Aug 06, 2024
Anchor Lockin End date 1	Sep 05, 2024
Anchor Lockin End date 2	Nov 04, 2024

Financials

Dhariwalcorp IPO P/E ratio is 15.48, as compared to Kizi Apparels IPO P/E ratio of 15.01.

Dhariwalcorp IPO

Kizi Apparels IPO

Financial

Dhariwalcorp Limited Financial Information (Restated)

Dhariwalcorp Limited's revenue increased by 18.4% and profit after tax (PAT) rose by 653.06% 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	2,131.30	1,961.06	1,351.04
Revenue	23,111.35	19,519.43	15,920.11
Profit After Tax	450.63	59.84	142.41
Net Worth	875.00	251.42	191.58
Reserves and Surplus	217.10	241.42	181.58
Total Borrowing	878.76	618.13	571.43
Amount in ₹ Lakhs

Kizi Apparels Limited Financial Information (Restated)

Kizi Apparels Limited's revenue increased by 30.84% and profit after tax (PAT) rose by 31.36% 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	1,340.30	1,135.10	725.14
Revenue	2,027.37	1,549.50	539.17
Profit After Tax	72.21	54.97	20.64
Net Worth	587.49	394.86	336.95
Reserves and Surplus	71.37
Total Borrowing	514.61	310.96	242.73
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

85.36%

Promoter Shareholding (Post-Issue)

73.50%

56.35%

P/E Ratio

15.48

15.01

Market Cap

₹94.88 Cr.

₹16.42 Cr.

ROE

51.50%%

15%%

ROCE

59.80%%

14%%

Debt/Equity

0.88

EPS

₹6.85

₹1.40

RoNW

51.50%%

12.29%%

Shares Offered

In the Dhariwalcorp IPO retail investors (RII) are offered 7,98,000 shares while in Kizi Apparels IPO retail investors are offered 7,98,000 shares. Qualified institutional buyers (QIB) are offered 4,42,800 shares in Dhariwalcorp IPO and 0 shares in Kizi Apparels IPO.

	Dhariwalcorp IPO	Kizi Apparels IPO
Anchor Investor Reserveration	6,60,000 shares
Market Maker Reserveration	1,23,600 shares	1,38,000 shares
QIB	4,42,800 shares	0 shares
NII	3,48,000 shares	12,60,000 shares
RII	7,98,000 shares	12,60,000 shares
Employee	0 shares	0 shares
Others
Total	15,88,800 shares	25,20,000 shares

Bids Received (Subscription)

Dhariwalcorp IPO subscribed 174.95x in total, whereas Kizi Apparels IPO subscribed 115.60x.

	Dhariwalcorp IPO	Kizi Apparels IPO
QIB (times)	76.93x
NII (times)	279.17x	89.58x
Big NII (times)
Small NII (times)
RII (times)	183.89x	139.62x
Employee (times)
Other (times)
Total (times)	174.95x	115.60x

Compare with others

Dhariwalcorp IPO	Kizi Apparels IPO
Sunlite Recycling Industries IPO	Aesthetik Engineers IPO
Positron Energy IPO	Picture Post Studios IPO
Aesthetik Engineers IPO	Afcom Holdings IPO
Picture Post Studios IPO	Dhariwalcorp IPO
Afcom Holdings IPO	Utssav Cz Gold Jewels IPO
Utssav Cz Gold Jewels IPO	Ashapura Logistics IPO
Kizi Apparels IPO	Rajputana Industries IPO
Ashapura Logistics IPO	Bulkcorp IPO
Rajputana Industries IPO	Sathlokhar Synergys E&C Global IPO
Bulkcorp IPO	Trom Industries IPO

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