DK Enterprises Global IPO vs Promax Power Limited IPO

Comparision between DK Enterprises Global IPO and Promax Power Limited IPO.

IPO Details

DK Enterprises Global IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Promax Power Limited IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	DK Enterprises Global IPO	Promax Power Limited IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Beeline Broking Ltd	Finshore Management Services Limited
Registrar	Skyline Financial Services Private Ltd	Cameo Corporate Services Limited
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 DK Enterprises Global IPO is up to ₹7.99 Cr whereas the issue size of the Promax Power Limited IPO is up to ₹1.60 Cr. The final issue price of DK Enterprises Global IPO is ₹40.00 per share and of Promax Power Limited IPO is ₹10.00 per share.

	DK Enterprises Global IPO	Promax Power Limited IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹40.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	10000 shares
Fresh Issue Size		16,00,000 shares
Fresh Issue Size (Amount)		up to ₹1.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	19,98,000 shares	16,00,000 shares
Issue Size Total (Amount)	up to ₹7.99 Cr	up to ₹1.60 Cr

IPO Timetable

DK Enterprises Global IPO opens on Oct 07, 2021, while Promax Power Limited IPO opens on Sep 30, 2021. The closing date of DK Enterprises Global IPO and Promax Power Limited IPO is Oct 12, 2021, and Oct 04, 2021, respectively.

	DK Enterprises Global IPO	Promax Power Limited IPO
Anchor Bid Date
Issue Open	Oct 07, 2021	Sep 30, 2021
Issue Close	Oct 12, 2021	Oct 04, 2021
Basis Of Allotment (Tentative)	Oct 18, 2021	Oct 07, 2021
Initiation of Refunds (Tentative)	Oct 20, 2021	Oct 08, 2021
Credit of Share (Tentative)	Oct 20, 2021	Oct 11, 2021
Listing date (Tentative)	Oct 22, 2021	Oct 12, 2021
Anchor Lockin End date 1	Nov 17, 2021	Nov 06, 2021
Anchor Lockin End date 2	Jan 16, 2022	Jan 05, 2022

Financials

DK Enterprises Global IPO P/E ratio is , as compared to Promax Power Limited IPO P/E ratio of .

DK Enterprises Global IPO

Promax Power Limited IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Jun-21	31-Mar-21	31-Mar-20
Total Assets	2,806.41	2,778.33	1,906.05
Total Revenue	1,912.59	6,495.79	4,555.03
Profit After Tax	99.77	243.86	149.51

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	204.30	206.64	0.14
Total Revenue	368.89	77.63	NA
Profit After Tax	1.7839	3.1147	(0.0001)

Promoter Shareholding (Pre-Issue)

99.88%

99.99%

Promoter Shareholding (Post-Issue)

73.30%

73.33%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the DK Enterprises Global IPO retail investors (RII) are offered 9,48,000 shares while in Promax Power Limited IPO retail investors are offered 9,48,000 shares. Qualified institutional buyers (QIB) are offered in DK Enterprises Global IPO and in Promax Power Limited IPO.

	DK Enterprises Global IPO	Promax Power Limited IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,02,000 shares	80,000 shares
QIB
NII	9,48,000 shares	7,60,000 shares
RII	9,48,000 shares	7,60,000 shares
Employee
Others
Total	18,96,000 shares	15,20,000 shares

Bids Received (Subscription)

DK Enterprises Global IPO subscribed 12.50x in total, whereas Promax Power Limited IPO subscribed 6.89x.

	DK Enterprises Global IPO	Promax Power Limited IPO
QIB (times)
NII (times)	7.43x	2.39x
Big NII (times)
Small NII (times)
RII (times)	17.58x	11.38x
Employee (times)
Other (times)
Total (times)	12.50x	6.89x

Compare with others

DK Enterprises Global IPO	Promax Power Limited IPO
DMR SME IPO	DK Enterprises Global IPO
Omnipotent Industries IPO	CWD Limited IPO
Suyog Gurbaxani Funicular Ropeways IPO	Adishakti Loha and Ispat IPO
Nidan Laboratories and Healthcare IPO	Bombay Metrics Supply Chain IPO
Kotyark Industries IPO	Samor Reality Limited IPO
CWD Limited IPO	Dynamic Services & Security IPO
Adishakti Loha and Ispat IPO	Destiny Logistics & Infra IPO
Bombay Metrics Supply Chain IPO	Shri Venkatesh Refineries IPO
Samor Reality Limited IPO	Jainam Ferro Alloys IPO
Promax Power Limited IPO	Getalong Enterprise Limited IPO

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