Deem Roll Tech IPO vs Esconet Technologies IPO

Comparision between Deem Roll Tech IPO and Esconet Technologies IPO.

IPO Details

Deem Roll Tech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Esconet Technologies IPO is a SME Book Built Issue proposed to list at NSE SME.

	Deem Roll Tech IPO	Esconet Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Corporate Capitalventures Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Ss Corporate Securities Limited	Ss Corporate Securities 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 Deem Roll Tech IPO is up to ₹29.26 Cr whereas the issue size of the Esconet Technologies IPO is up to ₹28.22 Cr. The final issue price of Deem Roll Tech IPO is ₹129.00 per share and of Esconet Technologies IPO is ₹84.00 per share.

	Deem Roll Tech IPO	Esconet Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹80.00 per share
Issue Price (Upper)		₹84.00 per share
Issue Price (Final)	₹129.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	22,68,000 shares	33,60,000 shares
Fresh Issue Size (Amount)	up to ₹29.26 Cr	up to ₹28.22 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,68,000 shares	33,60,000 shares
Issue Size Total (Amount)	up to ₹29.26 Cr	up to ₹28.22 Cr

IPO Timetable

Deem Roll Tech IPO opens on Feb 20, 2024, while Esconet Technologies IPO opens on Feb 16, 2024. The closing date of Deem Roll Tech IPO and Esconet Technologies IPO is Feb 22, 2024, and Feb 20, 2024, respectively.

	Deem Roll Tech IPO	Esconet Technologies IPO
Anchor Bid Date		Feb 15, 2024
Issue Open	Feb 20, 2024	Feb 16, 2024
Issue Close	Feb 22, 2024	Feb 20, 2024
Basis Of Allotment (Tentative)	Feb 23, 2024	Feb 21, 2024
Initiation of Refunds (Tentative)	Feb 26, 2024	Feb 22, 2024
Credit of Share (Tentative)	Feb 26, 2024	Feb 22, 2024
Listing date (Tentative)	Feb 27, 2024	Feb 23, 2024
Anchor Lockin End date 1		Mar 22, 2024
Anchor Lockin End date 2		May 21, 2024

Financials

Deem Roll Tech IPO P/E ratio is 11.31, as compared to Esconet Technologies IPO P/E ratio of 24.87.

Deem Roll Tech IPO

Esconet Technologies IPO

Financial

Deem Roll Tech Limited Financial Information (Restated)

Deem Roll Tech Limited's revenue increased by 13.42% and profit after tax (PAT) rose by 68.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,825.85	9,251.44	8,263.02	7,898.93
Revenue	5,027.55	10,448.57	9,212.12	6,461.96
Profit After Tax	371.83	692.05	409.78	298.24
Net Worth	3,780.02	3,408.19	2,716.16	2,306.35
Reserves and Surplus	4,245.86	4,319.43	3,627.38	3,217.60
Total Borrowing	2,062.47	2,080.88	1,636.65	1,802.25
Amount in ₹ Lakhs

Esconet Technologies Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	4,260.46	2,798.37
Revenue	7,146.71	9,690.84
Profit After Tax	305.47	304.00
Net Worth	902.97	554.47
Reserves and Surplus	825.19	477.48
Total Borrowing	1,008.95	1,103.89
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.18%

89.18%

Promoter Shareholding (Post-Issue)

67.12%

64.94%

P/E Ratio

11.31

24.87

Market Cap

₹107.55 Cr.

₹103.82 Cr.

ROE

16.83%%

75.54%%

ROCE

20.26%%

59.11%%

Debt/Equity

0.47

1.99

EPS

₹11.40

₹39.63

RoNW

20.31%%

54.83%%

Shares Offered

In the Deem Roll Tech IPO retail investors (RII) are offered 10,77,000 shares while in Esconet Technologies IPO retail investors are offered 10,77,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Deem Roll Tech IPO and 6,36,800 shares in Esconet Technologies IPO.

	Deem Roll Tech IPO	Esconet Technologies IPO
Anchor Investor Reserveration		9,53,600 shares
Market Maker Reserveration	1,14,000 shares	1,76,000 shares
QIB	0 shares	6,36,800 shares
NII	10,77,000 shares	4,78,400 shares
RII	10,77,000 shares	11,15,200 shares
Employee	0 shares	0 shares
Others
Total	21,54,000 shares	22,30,400 shares

Bids Received (Subscription)

Deem Roll Tech IPO subscribed 256.55x in total, whereas Esconet Technologies IPO subscribed 507.24x.

	Deem Roll Tech IPO	Esconet Technologies IPO
QIB (times)		156.02x
NII (times)	311.95x	868.05x
Big NII (times)
Small NII (times)
RII (times)	180.50x	553.02x
Employee (times)
Other (times)
Total (times)	256.55x	507.24x

Compare with others

Deem Roll Tech IPO	Esconet Technologies IPO
Pune E-Stock Broking IPO	Owais Metal and Mineral Processing IPO
M.V.K. Agro Food IPO	Purv Flexipack IPO
Owais Metal and Mineral Processing IPO	Sadhav Shipping IPO
Purv Flexipack IPO	Deem Roll Tech IPO
Sadhav Shipping IPO	Zenith Drugs IPO
Zenith Drugs IPO	Trust Fintech IPO
Esconet Technologies IPO	Interiors and More IPO
Trust Fintech IPO	Atmastco IPO
Interiors and More IPO	Thaai Casting IPO
Atmastco IPO	Kalahridhaan Trendz IPO

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