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Deem Roll Tech IPO vs Trust Fintech IPO

Comparision between Deem Roll Tech IPO and Trust Fintech IPO.

IPO Details

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

  Deem Roll Tech IPO Trust Fintech IPO
Logo Deem Roll Tech IPO Logo Trust Fintech 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 Corporate Capitalventures Pvt Ltd
Registrar Bigshare Services Pvt Ltd Bigshare Services Pvt Ltd
Market Maker Ss Corporate Securities Limited Ss Corporate Securities 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 Trust Fintech IPO is up to ₹63.45 Cr. The final issue price of Deem Roll Tech IPO is ₹129.00 per share and of Trust Fintech IPO is ₹101.00 per share.

  Deem Roll Tech IPO Trust Fintech IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹95.00 per share
Issue Price (Upper) ₹101.00 per share
Issue Price (Final) ₹129.00 per share ₹101.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1000 shares 1200 shares
Fresh Issue Size 22,68,000 shares 62,82,000 shares
Fresh Issue Size (Amount) up to ₹29.26 Cr up to ₹63.45 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 22,68,000 shares 62,82,000 shares
Issue Size Total (Amount) up to ₹29.26 Cr up to ₹63.45 Cr

IPO Timetable

Deem Roll Tech IPO opens on Feb 20, 2024, while Trust Fintech IPO opens on Mar 26, 2024. The closing date of Deem Roll Tech IPO and Trust Fintech IPO is Feb 22, 2024, and Mar 28, 2024, respectively.

  Deem Roll Tech IPO Trust Fintech IPO
Anchor Bid Date Mar 22, 2024
Issue Open Feb 20, 2024 Mar 26, 2024
Issue Close Feb 22, 2024 Mar 28, 2024
Basis Of Allotment (Tentative) Feb 23, 2024 Apr 02, 2024
Initiation of Refunds (Tentative) Feb 26, 2024 Apr 03, 2024
Credit of Share (Tentative) Feb 26, 2024 Apr 03, 2024
Listing date (Tentative) Feb 27, 2024 Apr 04, 2024
Anchor Lockin End date 1 May 02, 2024
Anchor Lockin End date 2 Jul 01, 2024

Financials

Deem Roll Tech IPO P/E ratio is 11.31, as compared to Trust Fintech IPO P/E ratio of 44.05.

  Deem Roll Tech IPO Trust Fintech 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 Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets9,825.859,251.448,263.027,898.93
Revenue5,027.5510,448.579,212.126,461.96
Profit After Tax371.83692.05409.78298.24
Net Worth3,780.023,408.192,716.162,306.35
Reserves and Surplus4,245.864,319.433,627.383,217.60
Total Borrowing2,062.472,080.881,636.651,802.25
Amount in ₹ Lakhs

Trust Fintech Limited Financial Information (Restated Standalone)

Trust Fintech Limited's revenue increased by 26.12% and profit after tax (PAT) rose by 200.92% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,989.433,118.891,958.721,590.01
Revenue1,883.132,270.191,800.002,417.94
Profit After Tax727.95402.21133.66219.66
Net Worth3,446.552,718.601,516.391,382.73
Reserves and Surplus2,928.062,200.11997.90864.25
Total Borrowing-34.32-3.80118.69-44.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 92.18% 93.51%
Promoter Shareholding (Post-Issue) 67.12% 68.85%
P/E Ratio 11.31 44.05
Market Cap ₹107.55 Cr. ₹240.63 Cr.
ROE 16.83%% 23.61%%
ROCE 20.26%% 28.54%%
Debt/Equity 0.47
EPS ₹11.40 ₹2.29
RoNW 20.31%% 27.51%%

Shares Offered

In the Deem Roll Tech IPO retail investors (RII) are offered 10,77,000 shares while in Trust Fintech IPO retail investors are offered 10,77,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Deem Roll Tech IPO and 11,92,800 shares in Trust Fintech IPO.

  Deem Roll Tech IPO Trust Fintech IPO
Anchor Investor Reserveration 17,88,000 shares
Market Maker Reserveration 1,14,000 shares 3,18,000 shares
QIB 0 shares 11,92,800 shares
NII 10,77,000 shares 8,95,200 shares
RII 10,77,000 shares 20,88,000 shares
Employee 0 shares 0 shares
Others
Total 21,54,000 shares 41,76,000 shares

Bids Received (Subscription)

Deem Roll Tech IPO subscribed 256.55x in total, whereas Trust Fintech IPO subscribed 108.63x.

  Deem Roll Tech IPO Trust Fintech IPO
QIB (times) 65.38x
NII (times) 311.95x 244.48x
Big NII (times)
Small NII (times)
RII (times) 180.50x 75.10x
Employee (times)
Other (times)
Total (times) 256.55x 108.63x

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