De Neers Tools IPO vs Remus Pharmaceuticals IPO

Comparision between De Neers Tools IPO and Remus Pharmaceuticals IPO.

IPO Details

De Neers Tools IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Remus Pharmaceuticals IPO is a SME Book Built Issue proposed to list at NSE SME.

	De Neers Tools IPO	Remus Pharmaceuticals 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	Khambatta Securities Limited Share India Capital Services Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Share India Securities Limited	Sunflower 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 De Neers Tools IPO is up to ₹22.99 Cr whereas the issue size of the Remus Pharmaceuticals IPO is up to ₹47.69 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Remus Pharmaceuticals IPO is ₹1,229.00 per share.

	De Neers Tools IPO	Remus Pharmaceuticals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share	₹1,150.00 per share
Issue Price (Upper)	₹101.00 per share	₹1,229.00 per share
Issue Price (Final)	₹101.00 per share	₹1,229.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	100 shares
Fresh Issue Size	22,76,400 shares	3,88,000 shares
Fresh Issue Size (Amount)	up to ₹22.99 Cr	up to ₹47.69 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,76,400 shares	3,88,000 shares
Issue Size Total (Amount)	up to ₹22.99 Cr	up to ₹47.69 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Remus Pharmaceuticals IPO opens on May 17, 2023. The closing date of De Neers Tools IPO and Remus Pharmaceuticals IPO is May 03, 2023, and May 19, 2023, respectively.

	De Neers Tools IPO	Remus Pharmaceuticals IPO
Anchor Bid Date		May 16, 2023
Issue Open	Apr 28, 2023	May 17, 2023
Issue Close	May 03, 2023	May 19, 2023
Basis Of Allotment (Tentative)	May 08, 2023	May 24, 2023
Initiation of Refunds (Tentative)	May 09, 2023	May 25, 2023
Credit of Share (Tentative)	May 10, 2023	May 26, 2023
Listing date (Tentative)	May 11, 2023	May 29, 2023
Anchor Lockin End date 1	Jun 07, 2023	Jun 23, 2023
Anchor Lockin End date 2	Aug 06, 2023	Aug 22, 2023

Financials

De Neers Tools IPO P/E ratio is , as compared to Remus Pharmaceuticals IPO P/E ratio of 21.09.

De Neers Tools IPO

Remus Pharmaceuticals IPO

Financial

De Neers Tools Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	5,570.44	7,349.62	43.94	704.24	712.87	484.58
31-Mar-21	6,111.28	6,211.77	65.77	320.47	317.42	1,147.84
31-Mar-22	9,933.52	8,008.68	504.42	2,382.27	654.27	2,435.85
31-Oct-22	12,558.14	5,602.65	386.98	3,044.13	411.13	2,406.42
Amount in ₹ Lakhs

Remus Pharmaceuticals Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	530.36	1,276.89	81.16	202.03	201.03	35.93
31-Mar-21	1,104.96	1,922.45	102.58	304.61	303.61	27.89
31-Mar-22	1,590.93	2,543.71	338.57	643.17	543.17	19.17
31-Dec-22	3,352.96	3,361.20	643.90	1,712.07	1,603.57	947.45
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.14%

92.82%

Promoter Shareholding (Post-Issue)

68.37%

P/E Ratio

21.09

Market Cap

₹181.03 Cr.

ROE

71.44%%

ROCE

69.99%%

Debt/Equity

0.03

EPS

₹7.97

₹33.86

RoNW

21.17%%

52.64%%

Shares Offered

In the De Neers Tools IPO retail investors (RII) are offered 7,96,740 shares while in Remus Pharmaceuticals IPO retail investors are offered 7,96,740 shares. Qualified institutional buyers (QIB) are offered 11,38,200 shares in De Neers Tools IPO and 1,38,750 shares in Remus Pharmaceuticals IPO.

	De Neers Tools IPO	Remus Pharmaceuticals IPO
Anchor Investor Reserveration		1,10,500 shares
Market Maker Reserveration	1,15,200 shares	19,500 shares
QIB	11,38,200 shares	1,38,750 shares
NII	3,41,460 shares	41,625 shares
RII	7,96,740 shares	97,125 shares
Employee	0 shares	0 shares
Others
Total	22,76,400 shares	2,77,500 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.04x in total, whereas Remus Pharmaceuticals IPO subscribed 57.21x.

	De Neers Tools IPO	Remus Pharmaceuticals IPO
QIB (times)	3.72x	10.75x
NII (times)	60.16x	229.31x
Big NII (times)
Small NII (times)
RII (times)	11.88x	49.81x
Employee (times)
Other (times)
Total (times)	15.04x	57.21x

Compare with others

De Neers Tools IPO	Remus Pharmaceuticals IPO
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Remus Pharmaceuticals IPO	Hemant Surgical Industries IPO
Auro Impex & Chemicals IPO	Vasa Denticity IPO
Innokaiz India IPO	Spectrum Talent Management IPO
Krishca Strapping Solutions IPO	Crayons Advertising IPO
Quicktouch Technologies IPO	Auro Impex & Chemicals IPO
Retina Paints IPO	Innokaiz India IPO
A G Universal IPO	Krishca Strapping Solutions IPO
Pattech Fitwell Tube Components IPO	De Neers Tools IPO
Sancode Technologies IPO	Quicktouch Technologies IPO

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