Dhariwalcorp IPO vs Rajputana Industries IPO

Comparision between Dhariwalcorp IPO and Rajputana Industries IPO.

IPO Details

Dhariwalcorp IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rajputana Industries IPO is a SME Book Built Issue proposed to list at NSE SME.

	Dhariwalcorp IPO	Rajputana Industries 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	Shreni Shares Limited	Holani Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Holani Consultants 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 Dhariwalcorp IPO is up to ₹25.15 Cr whereas the issue size of the Rajputana Industries IPO is up to ₹23.88 Cr. The final issue price of Dhariwalcorp IPO is ₹106.00 per share and of Rajputana Industries IPO is ₹38.00 per share.

	Dhariwalcorp IPO	Rajputana Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share	₹36.00 per share
Issue Price (Upper)	₹106.00 per share	₹38.00 per share
Issue Price (Final)	₹106.00 per share	₹38.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	23,72,400 shares	62,85,000 shares
Fresh Issue Size (Amount)	up to ₹25.15 Cr	up to ₹23.88 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	23,72,400 shares	62,85,000 shares
Issue Size Total (Amount)	up to ₹25.15 Cr	up to ₹23.88 Cr

IPO Timetable

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

	Dhariwalcorp IPO	Rajputana Industries IPO
Anchor Bid Date	Jul 31, 2024	Jul 29, 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	Sep 01, 2024
Anchor Lockin End date 2	Nov 04, 2024	Oct 31, 2024

Financials

Dhariwalcorp IPO P/E ratio is 15.48, as compared to Rajputana Industries IPO P/E ratio of 11.81.

Dhariwalcorp IPO

Rajputana Industries 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

Rajputana Industries Limited Financial Information (Restated)

Rajputana Industries Limited's revenue increased by 28.11% and profit after tax (PAT) rose by 65.54% 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	14,974.81	11,781.27	10,236.66
Revenue	32,701.29	25,524.98	24,450.96
Profit After Tax	512.64	309.67	263.77
Net Worth	3,257.20	2,743.85	1,712.39
Total Borrowing	2,936.30	3,001.61	2,537.98
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

92.15%

Promoter Shareholding (Post-Issue)

73.50%

P/E Ratio

15.48

11.81

Market Cap

₹94.88 Cr.

₹84.42 Cr.

ROE

51.50%%

17.09%%

ROCE

59.80%%

30.28%%

Debt/Equity

EPS

₹6.85

₹3.22

RoNW

51.50%%

15.74%%

Shares Offered

In the Dhariwalcorp IPO retail investors (RII) are offered 7,98,000 shares while in Rajputana Industries IPO retail investors are offered 7,98,000 shares. Qualified institutional buyers (QIB) are offered 4,42,800 shares in Dhariwalcorp IPO and 10,74,000 shares in Rajputana Industries IPO.

	Dhariwalcorp IPO	Rajputana Industries IPO
Anchor Investor Reserveration	6,60,000 shares	16,11,000 shares
Market Maker Reserveration	1,23,600 shares	3,60,000 shares
QIB	4,42,800 shares	10,74,000 shares
NII	3,48,000 shares	9,00,000 shares
RII	7,98,000 shares	20,10,000 shares
Employee	0 shares	30,000 shares
Others
Total	15,88,800 shares	43,14,000 shares

Bids Received (Subscription)

Dhariwalcorp IPO subscribed 174.95x in total, whereas Rajputana Industries IPO subscribed 376.41x.

	Dhariwalcorp IPO	Rajputana Industries IPO
QIB (times)	76.93x	177.94x
NII (times)	279.17x	417.95x
Big NII (times)
Small NII (times)
RII (times)	183.89x	524.61x
Employee (times)		2.80x
Other (times)		6.67x
Total (times)	174.95x	376.41x

Compare with others

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

Comments

Add a public comment...