Paramount Dye Tec IPO vs Pranik Logistics IPO

Comparision between Paramount Dye Tec IPO and Pranik Logistics IPO.

IPO Details

Paramount Dye Tec IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Pranik Logistics IPO is a SME Book Built Issue proposed to list at NSE SME.

	Paramount Dye Tec IPO	Pranik Logistics 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	Gretex Corporate Services Limited	Narnolia Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Gretex Share Broking Private Limited	Prabhat Financial Services Ltd.
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 Paramount Dye Tec IPO is up to ₹28.43 Cr whereas the issue size of the Pranik Logistics IPO is up to ₹22.47 Cr. The final issue price of Paramount Dye Tec IPO is ₹117.00 per share and of Pranik Logistics IPO is ₹77.00 per share.

	Paramount Dye Tec IPO	Pranik Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹111.00 per share	₹73.00 per share
Issue Price (Upper)	₹117.00 per share	₹77.00 per share
Issue Price (Final)	₹117.00 per share	₹77.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	24,30,000 shares	29,18,400 shares
Fresh Issue Size (Amount)	up to ₹28.43 Cr	up to ₹22.47 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,30,000 shares	29,18,400 shares
Issue Size Total (Amount)	up to ₹28.43 Cr	up to ₹22.47 Cr

IPO Timetable

Paramount Dye Tec IPO opens on Sep 30, 2024, while Pranik Logistics IPO opens on Oct 10, 2024. The closing date of Paramount Dye Tec IPO and Pranik Logistics IPO is Oct 03, 2024, and Oct 14, 2024, respectively.

	Paramount Dye Tec IPO	Pranik Logistics IPO
Anchor Bid Date	Sep 27, 2024	Oct 09, 2024
Issue Open	Sep 30, 2024	Oct 10, 2024
Issue Close	Oct 03, 2024	Oct 14, 2024
Basis Of Allotment (Tentative)	Oct 04, 2024	Oct 15, 2024
Initiation of Refunds (Tentative)	Oct 07, 2024	Oct 16, 2024
Credit of Share (Tentative)	Oct 07, 2024	Oct 16, 2024
Listing date (Tentative)	Oct 08, 2024	Oct 17, 2024
Anchor Lockin End date 1	Nov 03, 2024	Nov 20, 2024
Anchor Lockin End date 2	Jan 02, 2025	Jan 19, 2025

Financials

Paramount Dye Tec IPO P/E ratio is 14.91, as compared to Pranik Logistics IPO P/E ratio of 15.33.

Paramount Dye Tec IPO

Pranik Logistics IPO

Financial

Paramount Dye Tec Limited Financial Information (Restated)

Period Ended	31 Mar 2024	31 Jan 2024
Assets	5,549.65	3,490.07
Revenue	2,367.9	2,955.91
Profit After Tax	354.09	278.65
Net Worth	3,032.06	1
Reserves and Surplus	3,029.81
Total Borrowing	1,627.37	2,247.76
Amount in ₹ Lakhs

Pranik Logistics Limited Financial Information (Restated)

Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,842.75	3,568.3	2,352.73	1,404.48
Revenue	2,248.89	6,770.08	6,090.62	3,360.96
Profit After Tax	108.9	406.56	93.23	31.54
Net Worth	1,252.09	1,143.19	736.63	363.96
Reserves and Surplus	442.91	603.74	197.18	103.95
Total Borrowing	1,961.83	1,783.95	1,382.09	577.87
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

99.99%

Promoter Shareholding (Post-Issue)

64.97%

73.49%

P/E Ratio

14.91

15.33

Market Cap

₹81.23 Cr.

₹84.78 Cr.

ROE

11.68%%

8.70%%

ROCE

16.53%%

11.79%%

Debt/Equity

0.54

1.57

EPS

₹7.85

₹5.02

RoNW

11.68%%

8.70%%

Shares Offered

In the Paramount Dye Tec IPO retail investors (RII) are offered 8,08,800 shares while in Pranik Logistics IPO retail investors are offered 8,08,800 shares. Qualified institutional buyers (QIB) are offered 4,60,800 shares in Paramount Dye Tec IPO and 5,55,200 shares in Pranik Logistics IPO.

	Paramount Dye Tec IPO	Pranik Logistics IPO
Anchor Investor Reserveration	6,91,200 shares	8,20,800 shares
Market Maker Reserveration	1,22,400 shares	1,61,600 shares
QIB	4,60,800 shares	5,55,200 shares
NII	3,46,800 shares	4,14,400 shares
RII	8,08,800 shares	9,66,400 shares
Employee	0 shares	0 shares
Others
Total	16,16,400 shares	19,36,000 shares

Bids Received (Subscription)

Paramount Dye Tec IPO subscribed 50.09x in total, whereas Pranik Logistics IPO subscribed 218.02x.

	Paramount Dye Tec IPO	Pranik Logistics IPO
QIB (times)	10.22x	35.67x
NII (times)	135.31x	744.05x
Big NII (times)
Small NII (times)
RII (times)	36.26x	97.21x
Employee (times)
Other (times)
Total (times)	50.09x	218.02x

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