Dhaval Packaging IPO vs Recode Studios IPO

Comparison between Dhaval Packaging IPO and Recode Studios IPO.

IPO Details

Dhaval Packaging IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Recode Studios IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dhaval Packaging IPO is up to ₹0.00 Cr whereas the issue size of the Recode Studios IPO is up to ₹42.31 Cr. The final issue price of Dhaval Packaging IPO is and of Recode Studios IPO is ₹158.00 per share.

 Dhaval Packaging IPORecode Studios IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹150.00 per share
Issue Price (Upper)₹158.00 per share
Issue Price (Final)₹158.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size800 shares
Fresh Issue Size37,48,800 shares23,58,400 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹37.26 Cr
OFS Issue Size0 shares3,19,200 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹5.04 Cr
Issue Size Total37,48,800 shares26,77,600 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹42.31 Cr

IPO Timetable

Dhaval Packaging IPO opens on , while Recode Studios IPO opens on May 05, 2026. The closing date of Dhaval Packaging IPO and Recode Studios IPO is , and May 07, 2026, respectively.

Financials & KPIs

Dhaval Packaging IPO P/E ratio is , as compared to Recode Studios IPO P/E ratio of 38.94.

 Dhaval Packaging IPORecode Studios IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets64.6947.8933.7029.27
Total Income51.7352.4348.0843.14
Profit After Tax5.866.041.550.51
EBITDA10.2010.224.992.59
NET Worth28.5620.164.102.55
Reserves and Surplus18.5817.752.100.55
Total Borrowing23.6616.5519.2814.04
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets28.3323.1816.7312.53
Total Income57.4547.9436.9322.44
Profit After Tax9.063.300.270.69
EBITDA13.346.131.671.44
NET Worth17.848.775.475.20
Reserves and Surplus9.708.765.465.19
Total Borrowing3.437.567.853.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.6188.93
Promoter Shareholding (Post-Issue)65.01
P/E Ratio38.94
Market Cap₹168.18 Cr.
ROE49.8046.37
ROCE25.2834.47
Debt/Equity0.820.86
EPS₹4.06
RoNW49.8037.64

Shares Offered

In the Dhaval Packaging IPO Retail Individual Investors (RII) are offered 0 shares while in Recode Studios IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dhaval Packaging IPO and 5,35,200 shares in Recode Studios IPO.

 Dhaval Packaging IPORecode Studios IPO
Anchor Investor Reservation0 shares8,01,600 shares
Market Maker Reservation0 shares1,44,800 shares
QIB0 shares5,35,200 shares
NII0 shares4,03,200 shares
RII0 shares9,37,600 shares
Employee0 shares0 shares
Others
Total0 shares26,77,600 shares

Bids Received (Subscription)

Dhaval Packaging IPO subscribed in total, whereas Recode Studios IPO subscribed 164.39x.

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Dhaval Packaging IPO Vs Recode Studios IPO