DEE Piping Systems IPO vs Stanley Lifestyles IPO

Comparision between DEE Piping Systems IPO and Stanley Lifestyles IPO.

IPO Details

DEE Piping Systems IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stanley Lifestyles IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	DEE Piping Systems IPO	Stanley Lifestyles IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	SBI Capital Markets Limited Equirus Capital Private Limited	Axis Capital Limited ICICI Securities Limited Jm Financial Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
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 DEE Piping Systems IPO is up to ₹418.01 Cr whereas the issue size of the Stanley Lifestyles IPO is up to ₹537.02 Cr. The final issue price of DEE Piping Systems IPO is ₹203.00 per share and of Stanley Lifestyles IPO is ₹369.00 per share.

	DEE Piping Systems IPO	Stanley Lifestyles IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹193.00 per share	₹351.00 per share
Issue Price (Upper)	₹203.00 per share	₹369.00 per share
Issue Price (Final)	₹203.00 per share	₹369.00 per share
Discount (Retail)
Discount (Employee)	₹19.00 per share
Market Lot Size	73 shares	40 shares
Fresh Issue Size	1,60,09,852 shares	54,20,054 shares
Fresh Issue Size (Amount)	up to ₹325.00 Cr	up to ₹200.00 Cr
OFS Issue Size	45,82,000 shares	91,33,454 shares
OFS Issue Size (Amount)	up to ₹93.01 Cr	up to ₹337.02 Cr
Issue Size Total	2,05,91,852 shares	1,45,53,508 shares
Issue Size Total (Amount)	up to ₹418.01 Cr	up to ₹537.02 Cr

IPO Timetable

DEE Piping Systems IPO opens on Jun 19, 2024, while Stanley Lifestyles IPO opens on Jun 21, 2024. The closing date of DEE Piping Systems IPO and Stanley Lifestyles IPO is Jun 21, 2024, and Jun 25, 2024, respectively.

	DEE Piping Systems IPO	Stanley Lifestyles IPO
Anchor Bid Date	Jun 18, 2024	Jun 20, 2024
Issue Open	Jun 19, 2024	Jun 21, 2024
Issue Close	Jun 21, 2024	Jun 25, 2024
Basis Of Allotment (Tentative)	Jun 24, 2024	Jun 26, 2024
Initiation of Refunds (Tentative)	Jun 25, 2024	Jun 27, 2024
Credit of Share (Tentative)	Jun 25, 2024	Jun 27, 2024
Listing date (Tentative)	Jun 26, 2024	Jun 28, 2024
Anchor Lockin End date 1	Jul 24, 2024	Jul 26, 2024
Anchor Lockin End date 2	Sep 22, 2024	Sep 24, 2024

Financials

DEE Piping Systems IPO P/E ratio is 83, as compared to Stanley Lifestyles IPO P/E ratio of 54.43.

DEE Piping Systems IPO

Stanley Lifestyles IPO

Financial

DEE Development Engineers Limited Financial Information (Restated Consolidated)

DEE Development Engineers Limited's revenue increased by 30.47% and profit after tax (PAT) rose by 58.25% 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	1,171.01	966.26	845.40	835.88
Revenue	557.86	614.32	470.84	513.03
Profit After Tax	14.34	12.97	8.20	14.21
Net Worth	428.19	413.70	401.37	448.50
Reserves and Surplus	380.23	408.17	395.85	432.81
Total Borrowing	407.14	352.62	285.36	257.17
Amount in ₹ Crore

Stanley Lifestyles Limited Financial Information (Restated Consolidated)

Stanley Lifestyles Limited's revenue increased by 42.94% and profit after tax (PAT) rose by 50.64% 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	581.54	458.19	422.15	346.52
Revenue	322.29	425.62	297.76	201.71
Profit After Tax	18.70	34.98	23.22	1.92
Net Worth	237.21	216.50	199.76	182.93
Reserves and Surplus	225.83	207.88	191.31	174.96
Total Borrowing	30.90	9.37	6.09	0.25
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

67.36%

Promoter Shareholding (Post-Issue)

56.81%

P/E Ratio

54.43

Market Cap

₹1401.69 Cr.

₹2103.94 Cr.

ROE

7.92%%

ROCE

3.91%%

8.63%%

Debt/Equity

0.85

0.86

EPS

₹2.45

₹6.78

RoNW

3.35%%

8.34%%

Shares Offered

In the DEE Piping Systems IPO retail investors (RII) are offered 71,89,907 shares while in Stanley Lifestyles IPO retail investors are offered 71,89,907 shares. Qualified institutional buyers (QIB) are offered 41,08,518 shares in DEE Piping Systems IPO and 29,10,702 shares in Stanley Lifestyles IPO.

	DEE Piping Systems IPO	Stanley Lifestyles IPO
Anchor Investor Reserveration	61,62,777 shares	43,66,051 shares
Market Maker Reserveration
QIB	41,08,518 shares	29,10,702 shares
NII	30,81,389 shares	21,83,026 shares
RII	71,89,907 shares	50,93,728 shares
Employee	0 shares	0 shares
Others
Total	1,43,79,814 shares	1,01,87,456 shares

Bids Received (Subscription)

DEE Piping Systems IPO subscribed 103.03x in total, whereas Stanley Lifestyles IPO subscribed 97.16x.

	DEE Piping Systems IPO	Stanley Lifestyles IPO
QIB (times)	206.54x	215.62x
NII (times)	149.38x	121.42x
Big NII (times)	165.71x	136.75x
Small NII (times)	116.73x	90.76x
RII (times)	23.66x	19.08x
Employee (times)
Other (times)
Total (times)	103.03x	97.16x

Compare with others

DEE Piping Systems IPO	Stanley Lifestyles IPO
Emcure Pharma IPO	Bansal Wire IPO
OLA Electric IPO	Emcure Pharma IPO
Vraj Iron and Steel IPO	OLA Electric IPO
Aasaan Loans IPO	Vraj Iron and Steel IPO
Stanley Lifestyles IPO	Aasaan Loans IPO
ixigo IPO	DEE Piping Systems IPO
Kronox Lab Sciences IPO	ixigo IPO
Awfis Space Solutions IPO	Kronox Lab Sciences IPO
Go Digit IPO	Awfis Space Solutions IPO
Aadhar Housing Finance IPO	Go Digit IPO

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