Deem Roll Tech IPO vs Zenith Drugs IPO

Comparision between Deem Roll Tech IPO and Zenith Drugs IPO.

IPO Details

Deem Roll Tech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Zenith Drugs IPO is a SME Book Built Issue proposed to list at NSE SME.

	Deem Roll Tech IPO	Zenith Drugs 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	Fedex Securities�Pvt Ltd	Gretex Corporate Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Ss Corporate Securities Limited	Gretex Share 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 Deem Roll Tech IPO is up to ₹29.26 Cr whereas the issue size of the Zenith Drugs IPO is up to ₹40.68 Cr. The final issue price of Deem Roll Tech IPO is ₹129.00 per share and of Zenith Drugs IPO is ₹79.00 per share.

	Deem Roll Tech IPO	Zenith Drugs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹75.00 per share
Issue Price (Upper)		₹79.00 per share
Issue Price (Final)	₹129.00 per share	₹79.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	22,68,000 shares	51,48,800 shares
Fresh Issue Size (Amount)	up to ₹29.26 Cr	up to ₹40.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,68,000 shares	51,48,800 shares
Issue Size Total (Amount)	up to ₹29.26 Cr	up to ₹40.68 Cr

IPO Timetable

Deem Roll Tech IPO opens on Feb 20, 2024, while Zenith Drugs IPO opens on Feb 19, 2024. The closing date of Deem Roll Tech IPO and Zenith Drugs IPO is Feb 22, 2024, and Feb 22, 2024, respectively.

	Deem Roll Tech IPO	Zenith Drugs IPO
Anchor Bid Date		Feb 16, 2024
Issue Open	Feb 20, 2024	Feb 19, 2024
Issue Close	Feb 22, 2024	Feb 22, 2024
Basis Of Allotment (Tentative)	Feb 23, 2024	Feb 23, 2024
Initiation of Refunds (Tentative)	Feb 26, 2024	Feb 26, 2024
Credit of Share (Tentative)	Feb 26, 2024	Feb 26, 2024
Listing date (Tentative)	Feb 27, 2024	Feb 27, 2024
Anchor Lockin End date 1		Mar 24, 2024
Anchor Lockin End date 2		May 23, 2024

Financials

Deem Roll Tech IPO P/E ratio is 11.31, as compared to Zenith Drugs IPO P/E ratio of 18.4.

Deem Roll Tech IPO

Zenith Drugs IPO

Financial

Deem Roll Tech Limited Financial Information (Restated)

Deem Roll Tech Limited's revenue increased by 13.42% and profit after tax (PAT) rose by 68.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,825.85	9,251.44	8,263.02	7,898.93
Revenue	5,027.55	10,448.57	9,212.12	6,461.96
Profit After Tax	371.83	692.05	409.78	298.24
Net Worth	3,780.02	3,408.19	2,716.16	2,306.35
Reserves and Surplus	4,245.86	4,319.43	3,627.38	3,217.60
Total Borrowing	2,062.47	2,080.88	1,636.65	1,802.25
Amount in ₹ Lakhs

Zenith Drugs Limited Financial Information (Restated Consolidated)

Zenith Drugs Limited's revenue increased by 24.85% and profit after tax (PAT) rose by 64.7% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022
Assets	11,249.04	9,793.83	6,858.47
Revenue	6,948.43	11,569.65	9,266.63
Profit After Tax	539.38	515.29	312.86
Net Worth	2,264.96	1,724.42	1,209.09
Reserves and Surplus	1,064.96	1,684.42	1,169.09
Total Borrowing	2,902.81	2,605.03	1,880.86
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.18%

100.00%

Promoter Shareholding (Post-Issue)

67.12%

69.98%

P/E Ratio

11.31

18.4

Market Cap

₹107.55 Cr.

₹135.48 Cr.

ROE

16.83%%

35.13%%

ROCE

20.26%%

37.29%%

Debt/Equity

0.47

1.51

EPS

₹11.40

₹4.29

RoNW

20.31%%

29.88%%

Shares Offered

In the Deem Roll Tech IPO retail investors (RII) are offered 10,77,000 shares while in Zenith Drugs IPO retail investors are offered 10,77,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Deem Roll Tech IPO and 8,59,200 shares in Zenith Drugs IPO.

	Deem Roll Tech IPO	Zenith Drugs IPO
Anchor Investor Reserveration		12,88,000 shares
Market Maker Reserveration	1,14,000 shares	8,52,800 shares
QIB	0 shares	8,59,200 shares
NII	10,77,000 shares	6,44,800 shares
RII	10,77,000 shares	15,04,000 shares
Employee	0 shares	0 shares
Others
Total	21,54,000 shares	30,08,000 shares

Bids Received (Subscription)

Deem Roll Tech IPO subscribed 256.55x in total, whereas Zenith Drugs IPO subscribed 179.18x.

	Deem Roll Tech IPO	Zenith Drugs IPO
QIB (times)		106.72x
NII (times)	311.95x	368.77x
Big NII (times)
Small NII (times)
RII (times)	180.50x	139.28x
Employee (times)
Other (times)
Total (times)	256.55x	179.18x

Compare with others

Deem Roll Tech IPO	Zenith Drugs IPO
Pune E-Stock Broking IPO	M.V.K. Agro Food IPO
M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO
Owais Metal and Mineral Processing IPO	Purv Flexipack IPO
Purv Flexipack IPO	Sadhav Shipping IPO
Sadhav Shipping IPO	Deem Roll Tech IPO
Zenith Drugs IPO	Esconet Technologies IPO
Esconet Technologies IPO	Trust Fintech IPO
Trust Fintech IPO	Interiors and More IPO
Interiors and More IPO	Atmastco IPO
Atmastco IPO	Thaai Casting IPO

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