Droneacharya Aerial Innovations IPO vs PNGS Gargi Fashion Jewellery IPO

Comparision between Droneacharya Aerial Innovations IPO and PNGS Gargi Fashion Jewellery IPO.

IPO Details

Droneacharya Aerial Innovations IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while PNGS Gargi Fashion Jewellery IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Droneacharya Aerial Innovations IPO	PNGS Gargi Fashion Jewellery IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Corporate Capitalventures Pvt Ltd	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	R.K.Stock Holding Private Limited	Shreni Shares 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 Droneacharya Aerial Innovations IPO is up to ₹33.97 Cr whereas the issue size of the PNGS Gargi Fashion Jewellery IPO is up to ₹7.80 Cr. The final issue price of Droneacharya Aerial Innovations IPO is ₹54.00 per share and of PNGS Gargi Fashion Jewellery IPO is ₹30.00 per share.

	Droneacharya Aerial Innovations IPO	PNGS Gargi Fashion Jewellery IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share
Issue Price (Upper)	₹54.00 per share
Issue Price (Final)	₹54.00 per share	₹30.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	4000 shares
Fresh Issue Size	62,90,000 shares	26,00,000 shares
Fresh Issue Size (Amount)	up to ₹33.97 Cr	up to ₹7.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	62,90,000 shares	26,00,000 shares
Issue Size Total (Amount)	up to ₹33.97 Cr	up to ₹7.80 Cr

IPO Timetable

Droneacharya Aerial Innovations IPO opens on Dec 13, 2022, while PNGS Gargi Fashion Jewellery IPO opens on Dec 08, 2022. The closing date of Droneacharya Aerial Innovations IPO and PNGS Gargi Fashion Jewellery IPO is Dec 15, 2022, and Dec 13, 2022, respectively.

	Droneacharya Aerial Innovations IPO	PNGS Gargi Fashion Jewellery IPO
Anchor Bid Date	Dec 12, 2022
Issue Open	Dec 13, 2022	Dec 08, 2022
Issue Close	Dec 15, 2022	Dec 13, 2022
Basis Of Allotment (Tentative)	Dec 20, 2022	Dec 16, 2022
Initiation of Refunds (Tentative)	Dec 21, 2022	Dec 19, 2022
Credit of Share (Tentative)	Dec 22, 2022	Dec 20, 2022
Listing date (Tentative)	Dec 23, 2022	Dec 20, 2022
Anchor Lockin End date 1	Jan 19, 2023	Jan 15, 2023
Anchor Lockin End date 2	Mar 20, 2023	Mar 16, 2023

Financials

Droneacharya Aerial Innovations IPO P/E ratio is 45, as compared to PNGS Gargi Fashion Jewellery IPO P/E ratio of 6.77.

Droneacharya Aerial Innovations IPO

PNGS Gargi Fashion Jewellery IPO

Financial

Droneacharya Aerial Innovations Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2.51	0	-2.3	0.91	0.82
31-Mar-21	119.13	1	-14.89	104.08	1.27
31-Mar-22	1546.52	358.74	40.65	1447.77	46.25
30-Jun-22	3402.62	308.96	72.06	3357.77	1.02
Amount in ₹ Lakhs

PNGS Gargi Fashion Jewellery Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2.93	0	0.1	1.28	0.36
31-Mar-21	2.64	0.63	0.35	1.62	0.36
31-Mar-22	836.2	593.94	110.53	109.5	531.28
30-Sep-22	1247.77	1189.18	213.17	1072.71
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

38.23%

100%

Promoter Shareholding (Post-Issue)

28.21%

73%

P/E Ratio

6.77

Market Cap

₹129.54 Cr.

₹28.88 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Droneacharya Aerial Innovations IPO retail investors (RII) are offered 20,92,000 shares while in PNGS Gargi Fashion Jewellery IPO retail investors are offered 20,92,000 shares. Qualified institutional buyers (QIB) are offered 11,94,000 shares in Droneacharya Aerial Innovations IPO and in PNGS Gargi Fashion Jewellery IPO.

	Droneacharya Aerial Innovations IPO	PNGS Gargi Fashion Jewellery IPO
Anchor Investor Reserveration	23,28,000 shares
Market Maker Reserveration	3,16,000 shares	1,36,000 shares
QIB	11,94,000 shares
NII	12,14,000 shares	12,32,000 shares
RII	20,92,000 shares	12,32,000 shares
Employee
Others
Total	45,00,000 shares	24,64,000 shares

Bids Received (Subscription)

Droneacharya Aerial Innovations IPO subscribed 243.70x in total, whereas PNGS Gargi Fashion Jewellery IPO subscribed 230.94x.

	Droneacharya Aerial Innovations IPO	PNGS Gargi Fashion Jewellery IPO
QIB (times)	46.21x
NII (times)	287.80x	213.21x
Big NII (times)
Small NII (times)
RII (times)	330.82x	248.68x
Employee (times)
Other (times)
Total (times)	243.70x	230.94x

Compare with others

Droneacharya Aerial Innovations IPO	PNGS Gargi Fashion Jewellery IPO
Homesfy Realty IPO	RBM Infracon IPO
Dollex Agrotech IPO	Homesfy Realty IPO
Uma Converter IPO	Dollex Agrotech IPO
Arihant Academy IPO	Uma Converter IPO
PNGS Gargi Fashion Jewellery IPO	Arihant Academy IPO
All E Technologies IPO	Droneacharya Aerial Innovations IPO
Arham Technologies IPO	All E Technologies IPO
Baheti Recycling Industries IPO	Arham Technologies IPO
Pritika Engineering Components IPO	Baheti Recycling Industries IPO
AMBO Agritec IPO	Pritika Engineering Components IPO

Comments

Add a public comment...