DCG Cables & Wires IPO vs Ramdevbaba Solvent IPO

Comparision between DCG Cables & Wires IPO and Ramdevbaba Solvent IPO.

IPO Details

DCG Cables & Wires IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Ramdevbaba Solvent IPO is a SME Book Built Issue proposed to list at NSE SME.

	DCG Cables & Wires IPO	Ramdevbaba Solvent IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd	Choice Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Choice Equity Broking Private 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 DCG Cables & Wires IPO is up to ₹49.99 Cr whereas the issue size of the Ramdevbaba Solvent IPO is up to ₹50.27 Cr. The final issue price of DCG Cables & Wires IPO is ₹100.00 per share and of Ramdevbaba Solvent IPO is ₹85.00 per share.

	DCG Cables & Wires IPO	Ramdevbaba Solvent IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹80.00 per share
Issue Price (Upper)		₹85.00 per share
Issue Price (Final)	₹100.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	49,99,200 shares	59,13,600 shares
Fresh Issue Size (Amount)	up to ₹49.99 Cr	up to ₹50.27 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,99,200 shares	59,13,600 shares
Issue Size Total (Amount)	up to ₹49.99 Cr	up to ₹50.27 Cr

IPO Timetable

DCG Cables & Wires IPO opens on Apr 08, 2024, while Ramdevbaba Solvent IPO opens on Apr 15, 2024. The closing date of DCG Cables & Wires IPO and Ramdevbaba Solvent IPO is Apr 10, 2024, and Apr 18, 2024, respectively.

	DCG Cables & Wires IPO	Ramdevbaba Solvent IPO
Anchor Bid Date		Apr 12, 2024
Issue Open	Apr 08, 2024	Apr 15, 2024
Issue Close	Apr 10, 2024	Apr 18, 2024
Basis Of Allotment (Tentative)	Apr 12, 2024	Apr 19, 2024
Initiation of Refunds (Tentative)	Apr 15, 2024	Apr 22, 2024
Credit of Share (Tentative)	Apr 15, 2024	Apr 22, 2024
Listing date (Tentative)	Apr 16, 2024	Apr 23, 2024
Anchor Lockin End date 1		May 19, 2024
Anchor Lockin End date 2		Jul 18, 2024

Financials

DCG Cables & Wires IPO P/E ratio is 76.34, as compared to Ramdevbaba Solvent IPO P/E ratio of 10.6.

DCG Cables & Wires IPO

Ramdevbaba Solvent IPO

Financial

DCG Cables & Wires Limited Financial Information (Restated Consolidated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,152.13	3,564.12
Revenue	7,639.08	5,455.18
Profit After Tax	847.10	172.06	37.24	10.40
Net Worth	2,367.15	1,533.82	443.69	13.14
Reserves and Surplus	1,051.78	217.99
Total Borrowing	2,569.83	1,812.27	635.44	29.80
Amount in ₹ Lakhs

Ramdevbaba Solvent Limited Financial Information (Restated)

Ramdevbaba Solvent Limited's revenue increased by 20.35% and profit after tax (PAT) rose by 97.25% 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	20,341.24	19,062.61	13,134.86	10,125.05
Revenue	46,569.81	70,433.41	58,525.46	42,717.32
Profit After Tax	828.90	1,300.15	659.15	617.06
Net Worth	6,857.15	4,783.25	3,483.10	2,823.95
Reserves and Surplus	5,235.97	4,324.52	3,024.37	2,365.22
Total Borrowing	9,998.78	9,922.63	6,485.67	4,474.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

81.01%

Promoter Shareholding (Post-Issue)

72.45%

P/E Ratio

76.34

10.6

Market Cap

₹181.50 Cr.

₹188.07 Cr.

ROE

35.92%%

ROCE

59.10%%

10.76%%

Debt/Equity

1.09

1.46

EPS

₹1.31

₹8.02

RoNW

35.79%%

14.24%%

Shares Offered

In the DCG Cables & Wires IPO retail investors (RII) are offered 23,73,600 shares while in Ramdevbaba Solvent IPO retail investors are offered 23,73,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in DCG Cables & Wires IPO and 11,20,000 shares in Ramdevbaba Solvent IPO.

	DCG Cables & Wires IPO	Ramdevbaba Solvent IPO
Anchor Investor Reserveration		16,80,000 shares
Market Maker Reserveration	2,52,000 shares	3,13,600 shares
QIB	0 shares	11,20,000 shares
NII	23,73,600 shares	8,40,000 shares
RII	23,73,600 shares	19,60,000 shares
Employee	0 shares	0 shares
Others
Total	47,47,200 shares	39,20,000 shares

Bids Received (Subscription)

DCG Cables & Wires IPO subscribed 16.96x in total, whereas Ramdevbaba Solvent IPO subscribed 126.21x.

	DCG Cables & Wires IPO	Ramdevbaba Solvent IPO
QIB (times)		65.95x
NII (times)	11.53x	314.46x
Big NII (times)
Small NII (times)
RII (times)	21.70x	79.96x
Employee (times)
Other (times)
Total (times)	16.96x	126.21x

Compare with others

DCG Cables & Wires IPO	Ramdevbaba Solvent IPO
Birdy's IPO	Faalcon Concepts IPO
Greenhitech Ventures IPO	Emmforce Autotech IPO
Finelistings Technologies IPO	Birdy's IPO
Ramdevbaba Solvent IPO	Greenhitech Ventures IPO
Teerth Gopicon IPO	Finelistings Technologies IPO
Creative Graphics Solutions India IPO	Teerth Gopicon IPO
K2 Infragen IPO	DCG Cables & Wires IPO
Aluwind Architectural IPO	Creative Graphics Solutions India IPO
Jay Kailash Namkeen IPO	K2 Infragen IPO
Yash Optics & Lens IPO	Aluwind Architectural IPO

1 Comments

1. Mohanraj R

| Link|April 10, 2024 11:57:37 AMReply

Good to have fair/decent idea about the Co. But it's not enough to decide...