Comparison between ACME Solar Holdings IPO and Enviro Infra Engineers IPO.
ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Enviro Infra Engineers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ACME Solar Holdings IPO is up to ₹2,900.00 Cr whereas the issue size of the Enviro Infra Engineers IPO is up to ₹650.30 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Enviro Infra Engineers IPO is ₹148.00 per share.
| ACME Solar Holdings IPO | Enviro Infra Engineers IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹275.00 per share | ₹140.00 per share |
| Issue Price (Upper) | ₹289.00 per share | ₹148.00 per share |
| Issue Price (Final) | ₹289.00 per share | ₹148.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹27.00 per share | ₹13.00 per share |
| Market Lot Size | 51 shares | 101 shares |
| Fresh Issue Size | 8,28,79,871 shares | 3,86,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹2,395.04 Cr | up to ₹572.35 Cr |
| OFS Issue Size | 1,74,74,048 shares | 52,68,000 shares |
| OFS Issue Size (Amount) | up to ₹504.96 Cr | up to ₹77.95 Cr |
| Issue Size Total | 10,03,53,919 shares | 4,39,48,000 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹650.30 Cr |
ACME Solar Holdings IPO opens on Nov 06, 2024, while Enviro Infra Engineers IPO opens on Nov 22, 2024. The closing date of ACME Solar Holdings IPO and Enviro Infra Engineers IPO is Nov 08, 2024, and Nov 26, 2024, respectively.
| ACME Solar Holdings IPO | Enviro Infra Engineers IPO | |
|---|---|---|
| Anchor Bid Date | Nov 05, 2024 | Nov 21, 2024 |
| Issue Open | Nov 06, 2024 | Nov 22, 2024 |
| Issue Close | Nov 08, 2024 | Nov 26, 2024 |
| Basis Of Allotment (Tentative) | Nov 11, 2024 | Nov 27, 2024 |
| Initiation of Refunds (Tentative) | Nov 12, 2024 | Nov 27, 2024 |
| Credit of Share (Tentative) | Nov 12, 2024 | Nov 28, 2024 |
| Listing date (Tentative) | Nov 13, 2024 | Nov 29, 2024 |
| Anchor Lockin End date 1 | Dec 11, 2024 | Dec 27, 2024 |
| Anchor Lockin End date 2 | Feb 09, 2025 | Feb 25, 2025 |
ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Enviro Infra Engineers IPO P/E ratio of 18.32.
| ACME Solar Holdings IPO | Enviro Infra Engineers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 93.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 83.41 | 70.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.63 | 18.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17486.81 Cr. | ₹2597.84 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.93 | 51.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.34% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.89 | 0.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.36 | ₹8.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 0.07 | 37.83% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in Enviro Infra Engineers IPO retail investors are offered 99,99,999 shares. Qualified Institutional Buyers (QIB) are offered 3,00,00,001 shares in ACME Solar Holdings IPO and 87,69,600 shares in Enviro Infra Engineers IPO.
| ACME Solar Holdings IPO | Enviro Infra Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,50,00,000 shares | 1,31,54,400 shares |
| Market Maker Reservation | ||
| QIB | 3,00,00,001 shares | 87,69,600 shares |
| NII | 1,49,99,999 shares | 65,77,200 shares |
| RII | 99,99,999 shares | 1,53,46,800 shares |
| Employee | 3,81,679 shares | 1,00,000 shares |
| Others | ||
| Total | 10,03,81,678 shares | 4,39,48,000 shares |
ACME Solar Holdings IPO subscribed 2.89x in total, whereas Enviro Infra Engineers IPO subscribed 89.90x.
| ACME Solar Holdings IPO | Enviro Infra Engineers IPO | |
|---|---|---|
| QIB (times) | 3.72x | 157.05x |
| NII (times) | 1.02x | 153.80x |
| Big NII (times) | 0.91x | 177.97x |
| Small NII (times) | 1.24x | 105.47x |
| RII (times) | 3.25x | 24.48x |
| Employee (times) | 1.85x | 37.77x |
| Other (times) | ||
| Total (times) | 2.89x | 89.90x |
