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
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 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

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 Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,989.43	3,118.89	1,958.72	1,590.01
Revenue	1,883.13	2,270.19	1,800.00	2,417.94
Profit After Tax	727.95	402.21	133.66	219.66
Net Worth	3,446.55	2,718.60	1,516.39	1,382.73
Reserves and Surplus	2,928.06	2,200.11	997.90	864.25
Total Borrowing	-34.32	-3.80	118.69	-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

Compare with others

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

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