DC Infotech IPO vs Sona Hi Sona IPO

Comparision between DC Infotech IPO and Sona Hi Sona IPO.

IPO Details

DC Infotech IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sona Hi Sona IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	DC Infotech IPO	Sona Hi Sona IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Fedex Securities Pvt Ltd
Registrar	Satellite Corporate Services Private Limited	Link Intime India Private 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 DC Infotech IPO is up to ₹10.80 Cr whereas the issue size of the Sona Hi Sona IPO is up to ₹4.50 Cr. The final issue price of DC Infotech IPO is ₹45.00 per share and of Sona Hi Sona IPO is ₹10.00 per share.

	DC Infotech IPO	Sona Hi Sona IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹45.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	10000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,00,000 shares	45,00,000 shares
Issue Size Total (Amount)	up to ₹10.80 Cr	up to ₹4.50 Cr

IPO Timetable

DC Infotech IPO opens on Dec 12, 2019, while Sona Hi Sona IPO opens on Sep 30, 2019. The closing date of DC Infotech IPO and Sona Hi Sona IPO is Dec 18, 2019, and Oct 04, 2019, respectively.

	DC Infotech IPO	Sona Hi Sona IPO
Anchor Bid Date
Issue Open	Dec 12, 2019	Sep 30, 2019
Issue Close	Dec 18, 2019	Oct 04, 2019
Basis Of Allotment (Tentative)		Oct 10, 2019
Initiation of Refunds (Tentative)		Oct 11, 2019
Credit of Share (Tentative)		Oct 14, 2019
Listing date (Tentative)		Oct 15, 2019
Anchor Lockin End date 1		Nov 09, 2019
Anchor Lockin End date 2		Jan 08, 2020

Financials

DC Infotech IPO P/E ratio is 7.4, as compared to Sona Hi Sona IPO P/E ratio of .

DC Infotech IPO

Sona Hi Sona IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	1-Apr-2019 to 30-June-19	19-Feb-2019 to 31-Mar-19	1-Apr-2018 to 18-Feb-2019	31-Mar-18	31-Mar-17
Total Assets	5,721.55	5,427.20	4391.03	4,784.13	3,626.92
Total Revenue	3,648.56	1,523.49	9883.42	9,756.24	10,878.78
Profit After Tax	90.52	81.71	52.21	130.12	90.41

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	2,224.40	2,230.88	1,220.15
Total Revenue	6,717.98	5,903.26	5,448.10
Profit After Tax	38.86	18.65	6.18

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

60%

73.19%

P/E Ratio

7.4

Market Cap

₹27.00 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the DC Infotech IPO retail investors (RII) are offered 11,37,000 shares while in Sona Hi Sona IPO retail investors are offered 11,37,000 shares. Qualified institutional buyers (QIB) are offered in DC Infotech IPO and in Sona Hi Sona IPO.

	DC Infotech IPO	Sona Hi Sona IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,26,000 shares	2,40,000 shares
QIB
NII	12,63,000 shares	21,30,000 shares
RII	11,37,000 shares	21,30,000 shares
Employee
Others
Total	24,00,000 shares	42,60,000 shares

Bids Received (Subscription)

DC Infotech IPO subscribed 1.56x in total, whereas Sona Hi Sona IPO subscribed 1.21x.

	DC Infotech IPO	Sona Hi Sona IPO
QIB (times)
NII (times)	1.39x	1.74x
Big NII (times)
Small NII (times)
RII (times)	1.76x	0.69x
Employee (times)
Other (times)
Total (times)	1.56x	1.21x

Compare with others

DC Infotech IPO	Sona Hi Sona IPO
Janus IPO	Valencia IPO
HindPrakash IPO	DC Infotech IPO
Gian Lifecare IPO	Ascom Leasing IPO
Vaxtex Cotfab IPO	Mangalam Global IPO
Valencia IPO	Anuroop IPO
Ascom Leasing IPO	Goblin IPO
Mangalam Global IPO	Galactico IPO
Anuroop IPO	Misquita IPO
Sona Hi Sona IPO	Smiloshine IPO
Goblin IPO	Salasar Exteriors IPO

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