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Durlax Top Surface IPO vs Falcon Technoprojects India IPO

Comparision between Durlax Top Surface IPO and Falcon Technoprojects India IPO.

IPO Details

Durlax Top Surface IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Falcon Technoprojects India IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Durlax Top Surface IPO Falcon Technoprojects India IPO
Logo Durlax Top Surface IPO Logo Falcon Technoprojects India IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Fixed Price Issue
Listing At NSE SME NSE SME
Lead Managers Expert Global Consultants Private Limited Kunvarji Finstock Pvt Ltd
Registrar Bigshare Services Pvt Ltd Kfin Technologies Limited
Market Maker Globalworth Securities Limited Nikunj Stock Brokers 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 Durlax Top Surface IPO is up to ₹40.80 Cr whereas the issue size of the Falcon Technoprojects India IPO is up to ₹13.69 Cr. The final issue price of Durlax Top Surface IPO is ₹68.00 per share and of Falcon Technoprojects India IPO is ₹92.00 per share.

  Durlax Top Surface IPO Falcon Technoprojects India IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹65.00 per share
Issue Price (Upper) ₹68.00 per share
Issue Price (Final) ₹68.00 per share ₹92.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 1200 shares
Fresh Issue Size 42,00,000 shares 14,88,000 shares
Fresh Issue Size (Amount) up to ₹28.56 Cr up to ₹13.69 Cr
OFS Issue Size 18,00,000 shares
OFS Issue Size (Amount) up to ₹12.24 Cr
Issue Size Total 60,00,000 shares 14,88,000 shares
Issue Size Total (Amount) up to ₹40.80 Cr up to ₹13.69 Cr

IPO Timetable

Durlax Top Surface IPO opens on Jun 19, 2024, while Falcon Technoprojects India IPO opens on Jun 19, 2024. The closing date of Durlax Top Surface IPO and Falcon Technoprojects India IPO is Jun 21, 2024, and Jun 21, 2024, respectively.

  Durlax Top Surface IPO Falcon Technoprojects India IPO
Anchor Bid Date Jun 18, 2024
Issue Open Jun 19, 2024 Jun 19, 2024
Issue Close Jun 21, 2024 Jun 21, 2024
Basis Of Allotment (Tentative) Jun 24, 2024 Jun 24, 2024
Initiation of Refunds (Tentative) Jun 25, 2024 Jun 25, 2024
Credit of Share (Tentative) Jun 25, 2024 Jun 25, 2024
Listing date (Tentative) Jun 26, 2024 Jun 26, 2024
Anchor Lockin End date 1 Jul 24, 2024
Anchor Lockin End date 2 Sep 22, 2024

Financials

Durlax Top Surface IPO P/E ratio is 16.73, as compared to Falcon Technoprojects India IPO P/E ratio of 34.25.

  Durlax Top Surface IPO Falcon Technoprojects India IPO
Financial

Durlax Top Surface Limited Financial Information (Restated)

Durlax Top Surface Limited's revenue increased by 35.9% and profit after tax (PAT) rose by 141.15% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets10,553.507,673.027,168.11
Revenue9,083.936,684.204,741.81
Profit After Tax505.07209.4448.42
Net Worth2,184.381,671.211,292.27
Reserves and Surplus941.61431.141,277.29
Total Borrowing6,070.713,690.933,929.82
Amount in ₹ Lakhs

Falcon Technoprojects India Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,143.722,183.612,179.531,720.12
Revenue1,036.621,656.592,290.07946.35
Profit After Tax86.98103.92102.7629.60
Net Worth898.75334.47230.56127.79
Reserves and Surplus511.87284.47180.5677.79
Total Borrowing781.041,232.02962.81729.75
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 95.44% 84.20%
Promoter Shareholding (Post-Issue) 60.35%
P/E Ratio 16.73 34.25
Market Cap ₹113.07 Cr. ₹49.28 Cr.
ROE 26.20%% 9.68%%
ROCE 20.20%% 11.54%%
Debt/Equity 2.78
EPS ₹4.06 ₹2.69
RoNW 23.12%% 9.68%%

Shares Offered

In the Durlax Top Surface IPO retail investors (RII) are offered 20,00,000 shares while in Falcon Technoprojects India IPO retail investors are offered 20,00,000 shares. Qualified institutional buyers (QIB) are offered 22,52,000 shares in Durlax Top Surface IPO and 0 shares in Falcon Technoprojects India IPO.

  Durlax Top Surface IPO Falcon Technoprojects India IPO
Anchor Investor Reserveration 5,92,000 shares
Market Maker Reserveration 3,00,000 shares 74,400 shares
QIB 22,52,000 shares 0 shares
NII 8,56,000 shares 7,06,800 shares
RII 20,00,000 shares 7,06,800 shares
Employee 0 shares 0 shares
Others
Total 51,08,000 shares 14,13,600 shares

Bids Received (Subscription)

Durlax Top Surface IPO subscribed 166.79x in total, whereas Falcon Technoprojects India IPO subscribed 65.32x.

  Durlax Top Surface IPO Falcon Technoprojects India IPO
QIB (times) 48.29x
NII (times) 415.06x 45.02x
Big NII (times)
Small NII (times)
RII (times) 193.95x 82.72x
Employee (times)
Other (times)
Total (times) 166.79x 65.32x

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