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Divine Power IPO vs Winny Immigration IPO

Comparision between Divine Power IPO and Winny Immigration IPO.

IPO Details

Divine Power IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Winny Immigration IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Divine Power IPO Winny Immigration IPO
Logo Divine Power IPO Logo Winny Immigration 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 Khambatta Securities Limited Interactive Financial Services Ltd
Registrar Bigshare Services Pvt Ltd Bigshare Services Pvt Ltd
Market Maker Nikunj Stock Brokers Limited Aftertrade Broking Pvt Ltd
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 Divine Power IPO is up to ₹22.76 Cr whereas the issue size of the Winny Immigration IPO is up to ₹9.13 Cr. The final issue price of Divine Power IPO is ₹40.00 per share and of Winny Immigration IPO is ₹140.00 per share.

  Divine Power IPO Winny Immigration IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹36.00 per share
Issue Price (Upper) ₹40.00 per share
Issue Price (Final) ₹40.00 per share ₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 3000 shares 1000 shares
Fresh Issue Size 56,90,000 shares 6,52,000 shares
Fresh Issue Size (Amount) up to ₹22.76 Cr up to ₹9.13 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 56,90,000 shares 6,52,000 shares
Issue Size Total (Amount) up to ₹22.76 Cr up to ₹9.13 Cr

IPO Timetable

Divine Power IPO opens on Jun 25, 2024, while Winny Immigration IPO opens on Jun 20, 2024. The closing date of Divine Power IPO and Winny Immigration IPO is Jun 27, 2024, and Jun 24, 2024, respectively.

  Divine Power IPO Winny Immigration IPO
Anchor Bid Date Jun 24, 2024
Issue Open Jun 25, 2024 Jun 20, 2024
Issue Close Jun 27, 2024 Jun 24, 2024
Basis Of Allotment (Tentative) Jun 28, 2024 Jun 25, 2024
Initiation of Refunds (Tentative) Jul 01, 2024 Jun 26, 2024
Credit of Share (Tentative) Jul 01, 2024 Jun 26, 2024
Listing date (Tentative) Jul 02, 2024 Jun 27, 2024
Anchor Lockin End date 1 Jul 28, 2024
Anchor Lockin End date 2 Sep 26, 2024

Financials

Divine Power IPO P/E ratio is 9.85, as compared to Winny Immigration IPO P/E ratio of 54.12.

  Divine Power IPO Winny Immigration IPO
Financial

Divine Power Energy Limited Financial Information (Restated)

Divine Power Energy Limited's revenue increased by 47.65% and profit after tax (PAT) rose by 124.82% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets8,889.247,253.316,276.46
Revenue22,272.0015,084.2012,290.38
Profit After Tax640.59284.9480.51
Net Worth2,556.531,915.941,246.00
Reserves and Surplus978.62338.031,231.72
Total Borrowing5,785.444,763.844,466.34
Amount in ₹ Lakhs

Winny Immigration and Education Services Ltd Financial Information (Restated)

Winny Immigration and Education Services Ltd's revenue decreased by -8% and profit after tax (PAT) dropped by -72.86% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets542.84541.93276.26
Revenue1,102.121,197.911,004.07
Profit After Tax39.27144.71127.63
Net Worth230.72191.4646.75
Reserves and Surplus78.92188.1643.45
Total Borrowing206.84232.02127.91
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100.00% 83.63%
Promoter Shareholding (Post-Issue) 58.51%
P/E Ratio 9.85 54.12
Market Cap ₹85.88 Cr. ₹30.38 Cr.
ROE 25.06%% 18.60%%
ROCE 16.25%% 15.74%%
Debt/Equity 2.26 0.9
EPS ₹4.06 ₹2.59
RoNW 25.06%% 17.02%%

Shares Offered

In the Divine Power IPO retail investors (RII) are offered 21,11,978 shares while in Winny Immigration IPO retail investors are offered 21,11,978 shares. Qualified institutional buyers (QIB) are offered 12,17,110 shares in Divine Power IPO and 0 shares in Winny Immigration IPO.

  Divine Power IPO Winny Immigration IPO
Anchor Investor Reserveration 16,20,000 shares
Market Maker Reserveration 2,88,000 shares 34,000 shares
QIB 12,17,110 shares 0 shares
NII 9,05,134 shares 3,09,000 shares
RII 21,11,978 shares 3,09,000 shares
Employee 0 shares 0 shares
Others
Total 42,34,222 shares 6,18,000 shares

Bids Received (Subscription)

Divine Power IPO subscribed 393.67x in total, whereas Winny Immigration IPO subscribed 154.67x.

  Divine Power IPO Winny Immigration IPO
QIB (times) 135.84x
NII (times) 473.74x 109.65x
Big NII (times)
Small NII (times)
RII (times) 507.94x 190.66x
Employee (times)
Other (times)
Total (times) 393.67x 154.67x

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