Deepak Chemtex IPO vs ROX Hi-Tech IPO

Comparision between Deepak Chemtex IPO and ROX Hi-Tech IPO.

IPO Details

Deepak Chemtex IPO is a SME Book Built Issue IPO proposed to list at BSE SME while ROX Hi-Tech IPO is a SME Book Built Issue proposed to list at NSE SME.

	Deepak Chemtex IPO	ROX Hi-Tech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Swaraj shares and securities private limited
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Hem Finlease Private Limited	Share India Securities Limited
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 Deepak Chemtex IPO is up to ₹23.04 Cr whereas the issue size of the ROX Hi-Tech IPO is up to ₹54.49 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of ROX Hi-Tech IPO is ₹83.00 per share.

	Deepak Chemtex IPO	ROX Hi-Tech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹76.00 per share	₹80.00 per share
Issue Price (Upper)	₹80.00 per share	₹83.00 per share
Issue Price (Final)	₹80.00 per share	₹83.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	28,80,000 shares	60,17,600 shares
Fresh Issue Size (Amount)	up to ₹23.04 Cr	up to ₹49.95 Cr
OFS Issue Size		5,47,200 shares
OFS Issue Size (Amount)		up to ₹4.54 Cr
Issue Size Total	28,80,000 shares	65,64,800 shares
Issue Size Total (Amount)	up to ₹23.04 Cr	up to ₹54.49 Cr

IPO Timetable

Deepak Chemtex IPO opens on Nov 29, 2023, while ROX Hi-Tech IPO opens on Nov 07, 2023. The closing date of Deepak Chemtex IPO and ROX Hi-Tech IPO is Dec 01, 2023, and Nov 09, 2023, respectively.

	Deepak Chemtex IPO	ROX Hi-Tech IPO
Anchor Bid Date	Nov 28, 2023	Nov 06, 2023
Issue Open	Nov 29, 2023	Nov 07, 2023
Issue Close	Dec 01, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Dec 06, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Dec 07, 2023	Nov 16, 2023
Credit of Share (Tentative)	Dec 08, 2023	Nov 16, 2023
Listing date (Tentative)	Dec 06, 2023	Nov 16, 2023
Anchor Lockin End date 1	Jan 05, 2024	Dec 15, 2023
Anchor Lockin End date 2	Mar 05, 2024	Feb 13, 2024

Financials

Deepak Chemtex IPO P/E ratio is 10.14, as compared to ROX Hi-Tech IPO P/E ratio of 9.11.

Deepak Chemtex IPO

ROX Hi-Tech IPO

Financial

Deepak Chemtex Limited Financial Information (Restated Consolidated)

Deepak Chemtex Limited's revenue decreased by -12.12% and profit after tax (PAT) rose by 49.14% 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	2,820.64	2,382.32	1,715.17
Revenue	2,212.95	4,783.72	5,443.68
Profit After Tax	311.18	631.02	423.10
Net Worth	1,879.90	1,568.88	938.43
Reserves and Surplus	1,081.50	1,518.98	888.53
Total Borrowing	120.78	136.80	199.49
Amount in ₹ Lakhs

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,010.87	6,103.26	3,866.72	3,887.58
Revenue	5,001.20	13,398.85	10,297.25	6,547.94
Profit After Tax	675.89	1,532.97	151.31	66.15
Net Worth	3,090.93	2,415.03	882.06	730.75
Reserves and Surplus	1,409.05	1,667.53	134.56	405.75
Total Borrowing	2,838.79	2,258.36	1,794.59	1,135.32
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.40%

83.29%

Promoter Shareholding (Post-Issue)

73.05%

P/E Ratio

10.14

9.11

Market Cap

₹86.91 Cr.

₹189.52 Cr.

ROE

50.27%%

63.48%%

ROCE

49.65%%

50.17%%

Debt/Equity

0.09

0.94

EPS

₹7.89

₹9.11

RoNW

40.17%%

63.48%%

Shares Offered

In the Deepak Chemtex IPO retail investors (RII) are offered 9,56,800 shares while in ROX Hi-Tech IPO retail investors are offered 9,56,800 shares. Qualified institutional buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 10,51,200 shares in ROX Hi-Tech IPO.

	Deepak Chemtex IPO	ROX Hi-Tech IPO
Anchor Investor Reserveration	8,17,600 shares	15,80,800 shares
Market Maker Reserveration	1,47,200 shares	8,48,000 shares
QIB	5,47,200 shares	10,51,200 shares
NII	4,11,200 shares	8,96,000 shares
RII	9,56,800 shares	21,93,600 shares
Employee	0 shares	0 shares
Others
Total	19,15,200 shares	41,40,800 shares

Bids Received (Subscription)

Deepak Chemtex IPO subscribed 403.03x in total, whereas ROX Hi-Tech IPO subscribed 214.44x.

	Deepak Chemtex IPO	ROX Hi-Tech IPO
QIB (times)	96.80x	106.25x
NII (times)	642.25x	366.86x
Big NII (times)
Small NII (times)
RII (times)	475.36x	204.02x
Employee (times)
Other (times)
Total (times)	403.03x	214.44x

Compare with others

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Arrowhead Seperation Engineering IPO	Baba Food Processing IPO
Kalyani Cast Tech IPO	Micropro Software Solutions IPO
ROX Hi-Tech IPO	SAR Televenture IPO

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