Dhyaani Tile IPO vs Le Merite Exports IPO

Comparision between Dhyaani Tile IPO and Le Merite Exports IPO.

IPO Details

Dhyaani Tile IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Le Merite Exports IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Dhyaani Tile IPO	Le Merite Exports IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Fedex Securities Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Dhyaani Tile IPO is up to ₹2.45 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹48.00 Cr. The final issue price of Dhyaani Tile IPO is ₹51.00 per share and of Le Merite Exports IPO is ₹75.00 per share.

	Dhyaani Tile IPO	Le Merite Exports IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	4,80,000 shares
Fresh Issue Size (Amount)	up to ₹2.45 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	4,80,000 shares	64,00,000 shares
Issue Size Total (Amount)	up to ₹2.45 Cr	up to ₹48.00 Cr

IPO Timetable

Dhyaani Tile IPO opens on Mar 30, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Dhyaani Tile IPO and Le Merite Exports IPO is Apr 04, 2022, and Apr 28, 2022, respectively.

	Dhyaani Tile IPO	Le Merite Exports IPO
Anchor Bid Date
Issue Open	Mar 30, 2022	Apr 25, 2022
Issue Close	Apr 04, 2022	Apr 28, 2022
Basis Of Allotment (Tentative)	Apr 07, 2022
Initiation of Refunds (Tentative)	Apr 08, 2022
Credit of Share (Tentative)	Apr 11, 2022
Listing date (Tentative)	Apr 12, 2022
Anchor Lockin End date 1	May 07, 2022
Anchor Lockin End date 2	Jul 06, 2022

Financials

Dhyaani Tile IPO P/E ratio is 15.94, as compared to Le Merite Exports IPO P/E ratio of 11.09.

Dhyaani Tile IPO

Le Merite Exports IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,808.19	636.77	1,431.23	1,017.30
Total Revenue	1,041.30	1,511.33	712.77	935.64
Profit After Tax	24.30	26.96	(7.25)	9.76

Summary of financial Information
Particulars	For the year/period ended (Rs in Lakhs)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	17,706.95	9,202.17	5,626.08	5,660.48
Total Revenue	37,087.03	26,913.44	21,728.00	18,093.32
Profit After Tax	1,586.91	705.65	314.62	112.83

Promoter Shareholding (Pre-Issue)

96.92%

99.99%

Promoter Shareholding (Post-Issue)

66.32%

P/E Ratio

15.94

11.09

Market Cap

₹7.75 Cr.

₹176.11 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Dhyaani Tile IPO retail investors (RII) are offered 2,28,000 shares while in Le Merite Exports IPO retail investors are offered 2,28,000 shares. Qualified institutional buyers (QIB) are offered in Dhyaani Tile IPO and in Le Merite Exports IPO.

	Dhyaani Tile IPO	Le Merite Exports IPO
Anchor Investor Reserveration
Market Maker Reserveration	24,000 shares	3,36,000 shares
QIB
NII	2,28,000 shares	30,32,000 shares
RII	2,28,000 shares	30,32,000 shares
Employee
Others
Total	4,56,000 shares	60,64,000 shares

Bids Received (Subscription)

Dhyaani Tile IPO subscribed 2.16x in total, whereas Le Merite Exports IPO subscribed 15.69x.

	Dhyaani Tile IPO	Le Merite Exports IPO
QIB (times)
NII (times)	1.96x	15.27x
Big NII (times)
Small NII (times)
RII (times)	2.36x	16.10x
Employee (times)
Other (times)
Total (times)	2.16x	15.69x

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