Diksha Greens IPO vs ICL Multitrading IPO

Comparision between Diksha Greens IPO and ICL Multitrading IPO.

IPO Details

Diksha Greens IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while ICL Multitrading IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Diksha Greens IPO	ICL Multitrading 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	Finshore Management Services Limited	Corporate Capitalventures Pvt Ltd
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Diksha Greens IPO is up to ₹13.32 Cr whereas the issue size of the ICL Multitrading IPO is up to ₹17.86 Cr. The final issue price of Diksha Greens IPO is ₹30.00 per share and of ICL Multitrading IPO is ₹85.00 per share.

	Diksha Greens IPO	ICL Multitrading IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	44,40,000 shares	21,00,800 shares
Issue Size Total (Amount)	up to ₹13.32 Cr	up to ₹17.86 Cr

IPO Timetable

Diksha Greens IPO opens on Nov 26, 2018, while ICL Multitrading IPO opens on Nov 19, 2018. The closing date of Diksha Greens IPO and ICL Multitrading IPO is Nov 28, 2018, and Dec 03, 2018, respectively.

	Diksha Greens IPO	ICL Multitrading IPO
Anchor Bid Date
Issue Open	Nov 26, 2018	Nov 19, 2018
Issue Close	Nov 28, 2018	Dec 03, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Diksha Greens IPO P/E ratio is , as compared to ICL Multitrading IPO P/E ratio of .

Diksha Greens IPO

ICL Multitrading IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,095.12	2,464.57	3,230.98	1,850.08	2,057.95	2,133.56
Total Revenue	1,256.07	4,182.95	5,446.68	5,422.61	5,424.85	5,300.53
Profit After Tax	41.45	55.05	63.78	45.99	40.33	38.59

Summary of financial Information (Standalone Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-May-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	1,370.08	1,377.58	1,210.08	855.43	586.34	437.35
Total Revenue	620.88	3,168.13	2,330.77	2,531.34	435.87	190.45
Profit After Tax	47.26	223.23	100.05	38.13	3.96	0.76

Summary of financial Information (Consolidated Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-May-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	2,311.20	2,372.42	2,037.20	925.67
Total Revenue	922.48	5,731.60	5,058.02	2,648.46
Profit After Tax	59.82	319.62	182.08	40.18

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Diksha Greens IPO retail investors (RII) are offered 21,08,000 shares while in ICL Multitrading IPO retail investors are offered 21,08,000 shares. Qualified institutional buyers (QIB) are offered in Diksha Greens IPO and in ICL Multitrading IPO.

	Diksha Greens IPO	ICL Multitrading IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,24,000 shares	1,07,200 shares
QIB
NII	21,08,000 shares	9,96,800 shares
RII	21,08,000 shares	9,96,800 shares
Employee
Others
Total	42,16,000 shares	19,93,600 shares

Bids Received (Subscription)

Diksha Greens IPO subscribed 1.07x in total, whereas ICL Multitrading IPO subscribed 0.11x.

	Diksha Greens IPO	ICL Multitrading IPO
QIB (times)
NII (times)	1.99x	0.11x
Big NII (times)
Small NII (times)
RII (times)	0.07x	0.10x
Employee (times)
Other (times)
Total (times)	1.07x	0.11x

Compare with others

Diksha Greens IPO	ICL Multitrading IPO
Ritco Logistics IPO	KPI Global IPO
Surani Steel IPO	Axita Cotton IPO
KPI Global IPO	SR Dye-Chem IPO
Axita Cotton IPO	Diksha Greens IPO
SR Dye-Chem IPO	Agarwal Packers and Movers IPO
Agarwal Packers and Movers IPO	Shree Krishna Infrastructure IPO
Shree Krishna Infrastructure IPO	Roni Households IPO
Roni Households IPO	Shubhlaxmi Jewel IPO
Shubhlaxmi Jewel IPO	Ultra Wiring Connectivity IPO
Ultra Wiring Connectivity IPO	Iris Clothings DoReMe IPO

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