Danish Power IPO vs Rosmerta Digital Services IPO

Comparision between Danish Power IPO and Rosmerta Digital Services IPO.

IPO Details

Danish Power IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rosmerta Digital Services IPO is a SME Book Built Issue proposed to list at BSE SME.

	Danish Power IPO	Rosmerta Digital Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Narnolia Financial Services Ltd Beeline Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker	Hem Finlease Private Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Danish Power IPO is up to ₹197.90 Cr whereas the issue size of the Rosmerta Digital Services IPO is up to ₹206.33 Cr. The final issue price of Danish Power IPO is ₹380.00 per share and of Rosmerta Digital Services IPO is .

	Danish Power IPO	Rosmerta Digital Services IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹360.00 per share	₹140.00 per share
Issue Price (Upper)	₹380.00 per share	₹147.00 per share
Issue Price (Final)	₹380.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	300 shares	1000 shares
Fresh Issue Size	52,08,000 shares	1,40,36,000 shares
Fresh Issue Size (Amount)	up to ₹197.90 Cr	up to ₹206.33 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	52,08,000 shares	1,40,36,000 shares
Issue Size Total (Amount)	up to ₹197.90 Cr	up to ₹206.33 Cr

IPO Timetable

Danish Power IPO opens on Oct 22, 2024, while Rosmerta Digital Services IPO opens on . The closing date of Danish Power IPO and Rosmerta Digital Services IPO is Oct 24, 2024, and , respectively.

	Danish Power IPO	Rosmerta Digital Services IPO
Anchor Bid Date	Oct 21, 2024
Issue Open	Oct 22, 2024
Issue Close	Oct 24, 2024
Basis Of Allotment (Tentative)	Oct 25, 2024
Initiation of Refunds (Tentative)	Oct 28, 2024
Credit of Share (Tentative)	Oct 28, 2024
Listing date (Tentative)	Oct 29, 2024
Anchor Lockin End date 1	Nov 24, 2024
Anchor Lockin End date 2	Jan 23, 2025

Financials

Danish Power IPO P/E ratio is 14.46, as compared to Rosmerta Digital Services IPO P/E ratio of 54.33.

Danish Power IPO

Rosmerta Digital Services IPO

Financial

Danish Power Limited Financial Information (Restated Consolidated)

Period Ended	30 Jun 2024	31 Mar 2024
Assets	20,639.09	15,977.95
Revenue	7,273.29	33,463.84
Profit After Tax	998.21	3,807.27
Net Worth	9,201.38	8,213.16
Reserves and Surplus	7,753.02	8,052.23
Total Borrowing	2,393.07	1,011.6
Amount in ₹ Lakhs

Rosmerta Digital Services Limited Financial Information (Restated)

Rosmerta Digital Services Limited's revenue increased by 183% and profit after tax (PAT) rose by 553% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	10,013.07	3,744.53	1,932.43	557.14
Revenue	9,253.57	8,419.07	2,978.91	202.7
Profit After Tax	1,483.72	1,056.52	161.87	-3.01
Net Worth	7,099.34	1,221.32	159.16	-2.01
Reserves and Surplus	6,318.34	1,220.32	158.16	-3.01
Total Borrowing		1,499.01	1,318.28	439.21
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

89.74%

Promoter Shareholding (Post-Issue)

73.55%

66.02%

P/E Ratio

14.46

54.33

Market Cap

₹748.28 Cr.

₹780.36 Cr.

ROE

11.94%%

0.36%%

ROCE

12.30%%

0.28%%

Debt/Equity

0.27

EPS

₹26.29

₹2.71

RoNW

10.85%

20.72%%

Shares Offered

In the Danish Power IPO retail investors (RII) are offered 17,09,400 shares while in Rosmerta Digital Services IPO retail investors are offered 17,09,400 shares. Qualified institutional buyers (QIB) are offered 9,76,500 shares in Danish Power IPO and in Rosmerta Digital Services IPO.

	Danish Power IPO	Rosmerta Digital Services IPO
Anchor Investor Reserveration	14,64,000 shares	39,98,000 shares
Market Maker Reserveration	2,60,700 shares	7,03,000 shares
QIB	9,76,500 shares
NII	7,32,900 shares
RII	17,09,400 shares
Employee	0 shares
Others
Total	34,83,300 shares

Bids Received (Subscription)

Danish Power IPO subscribed 126.65x in total, whereas Rosmerta Digital Services IPO subscribed .

	Danish Power IPO	Rosmerta Digital Services IPO
QIB (times)	104.79x
NII (times)	275.92x
Big NII (times)
Small NII (times)
RII (times)	79.88x
Employee (times)
Other (times)
Total (times)	126.65x

Compare with others

Danish Power IPO	Rosmerta Digital Services IPO
Mangal Compusolution IPO	C2C Advanced Systems IPO
Rosmerta Digital Services IPO	Lamosaic India IPO
Neelam Linens and Garments IPO	Nisus Finance Services IPO
OBSC Perfection IPO	Onyx Biotec IPO
United Heat Transfer IPO	Mangal Compusolution IPO
Premium Plast IPO	Neelam Linens and Garments IPO
Usha Financial Services IPO	OBSC Perfection IPO
Freshara Agro Exports IPO	United Heat Transfer IPO
Lakshya Powertech IPO	Danish Power IPO
Pranik Logistics IPO	Premium Plast IPO

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