Deccan Transcon Leasing IPO vs Sodhani Academy of Fintech Enablers IPO

Comparision between Deccan Transcon Leasing IPO and Sodhani Academy of Fintech Enablers IPO.

IPO Details

Deccan Transcon Leasing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sodhani Academy of Fintech Enablers IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Deccan Transcon Leasing IPO	Sodhani Academy of Fintech Enablers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Unistone Capital Pvt Ltd	Srujan Alpha Capital Advisors Llp
Registrar	Link Intime India Private Ltd	Cameo Corporate Services Limited
Market Maker	Giriraj Stock Broking Private Limited	Prabhat Financial Services Ltd.
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 Deccan Transcon Leasing IPO is up to ₹65.06 Cr whereas the issue size of the Sodhani Academy of Fintech Enablers IPO is up to ₹6.12 Cr. The final issue price of Deccan Transcon Leasing IPO is ₹108.00 per share and of Sodhani Academy of Fintech Enablers IPO is ₹40.00 per share.

	Deccan Transcon Leasing IPO	Sodhani Academy of Fintech Enablers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share
Issue Price (Upper)	₹108.00 per share
Issue Price (Final)	₹108.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	55,24,000 shares	9,70,000 shares
Fresh Issue Size (Amount)	up to ₹59.66 Cr	up to ₹3.88 Cr
OFS Issue Size	5,00,000 shares	5,60,000 shares
OFS Issue Size (Amount)	up to ₹5.40 Cr	up to ₹2.24 Cr
Issue Size Total	60,24,000 shares	15,30,000 shares
Issue Size Total (Amount)	up to ₹65.06 Cr	up to ₹6.12 Cr

IPO Timetable

Deccan Transcon Leasing IPO opens on Sep 13, 2024, while Sodhani Academy of Fintech Enablers IPO opens on Sep 12, 2024. The closing date of Deccan Transcon Leasing IPO and Sodhani Academy of Fintech Enablers IPO is Sep 19, 2024, and Sep 17, 2024, respectively.

	Deccan Transcon Leasing IPO	Sodhani Academy of Fintech Enablers IPO
Anchor Bid Date	Sep 12, 2024
Issue Open	Sep 13, 2024	Sep 12, 2024
Issue Close	Sep 19, 2024	Sep 17, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 18, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Sep 19, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 19, 2024
Listing date (Tentative)	Sep 24, 2024	Sep 20, 2024
Anchor Lockin End date 1	Oct 19, 2024
Anchor Lockin End date 2	Dec 18, 2024

Financials

Deccan Transcon Leasing IPO P/E ratio is 15.72, as compared to Sodhani Academy of Fintech Enablers IPO P/E ratio of 10.32.

Deccan Transcon Leasing IPO

Sodhani Academy of Fintech Enablers IPO

Financial

Deccan Transcon Leasing Limited Financial Information (Restated Consolidated)

Deccan Transcon Leasing Limited's revenue decreased by -15% and profit after tax (PAT) rose by 38% 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	7,721.58	5,407.72	3,924.64
Revenue	15,363.76	18,061.76	15,319.4
Profit After Tax	1,181.89	855.7	519.1
Net Worth	3,221.32	2,028.26	1,207.59
Reserves and Surplus	1,501.37	1,808.26	987.59
Total Borrowing	2,309.55	1,775.49	989.82
Amount in ₹ Lakhs

Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)

Sodhani Academy of Fintech Enablers Limited's revenue increased by 51% and profit after tax (PAT) rose by 32% 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	660.04	501.57	363.2
Revenue	306.95	203.45	188.19
Profit After Tax	183.17	138.6	123.91
Net Worth	656.22	476.85	338.25
Reserves and Surplus	183.72	341.85	311.25
Total Borrowing		2.65	4.1
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.17%

99.99%

Promoter Shareholding (Post-Issue)

73.12%

P/E Ratio

15.72

10.32

Market Cap

₹245.41 Cr.

₹22.78 Cr.

ROE

45.03%%

27.91%%

ROCE

41.43%%

36.77%%

Debt/Equity

0.72

EPS

₹6.87

₹3.88

RoNW

36.69%%

27.91%%

Shares Offered

In the Deccan Transcon Leasing IPO retail investors (RII) are offered 19,92,900 shares while in Sodhani Academy of Fintech Enablers IPO retail investors are offered 19,92,900 shares. Qualified institutional buyers (QIB) are offered 14,46,600 shares in Deccan Transcon Leasing IPO and 0 shares in Sodhani Academy of Fintech Enablers IPO.

	Deccan Transcon Leasing IPO	Sodhani Academy of Fintech Enablers IPO
Anchor Investor Reserveration	14,00,400 shares
Market Maker Reserveration	3,30,000 shares	78,000 shares
QIB	14,46,600 shares	0 shares
NII	8,54,100 shares	7,26,000 shares
RII	19,92,900 shares	7,26,000 shares
Employee	0 shares	0 shares
Others
Total	42,93,600 shares	14,52,000 shares

Bids Received (Subscription)

Deccan Transcon Leasing IPO subscribed 102.60x in total, whereas Sodhani Academy of Fintech Enablers IPO subscribed 438.72x.

	Deccan Transcon Leasing IPO	Sodhani Academy of Fintech Enablers IPO
QIB (times)	42.07x
NII (times)	147.76x	511.34x
Big NII (times)
Small NII (times)
RII (times)	127.18x	358.47x
Employee (times)
Other (times)
Total (times)	102.60x	438.72x

Compare with others

Deccan Transcon Leasing IPO	Sodhani Academy of Fintech Enablers IPO
Pelatro IPO	BikeWo GreenTech IPO
Osel Devices IPO	Pelatro IPO
Paramount Speciality Forgings IPO	Osel Devices IPO
Popular Foundations IPO	Paramount Speciality Forgings IPO
Sodhani Academy of Fintech Enablers IPO	Popular Foundations IPO
Envirotech Systems IPO	Deccan Transcon Leasing IPO
Trafiksol ITS Technologies IPO	Envirotech Systems IPO
Gajanand International IPO	Trafiksol ITS Technologies IPO
Innomet Advanced Materials IPO	Gajanand International IPO
SPP Polymer IPO	Innomet Advanced Materials IPO

Comments

Add a public comment...