Comparison between ACME Solar Holdings IPO and Godavari Biorefineries IPO.
ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Godavari Biorefineries 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 Godavari Biorefineries IPO is up to ₹554.75 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Godavari Biorefineries IPO is ₹352.00 per share.
| ACME Solar Holdings IPO | Godavari Biorefineries IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹275.00 per share | ₹334.00 per share |
| Issue Price (Upper) | ₹289.00 per share | ₹352.00 per share |
| Issue Price (Final) | ₹289.00 per share | ₹352.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹27.00 per share | |
| Market Lot Size | 51 shares | 42 shares |
| Fresh Issue Size | 8,28,79,871 shares | 92,32,954 shares |
| Fresh Issue Size (Amount) | up to ₹2,395.04 Cr | up to ₹325.00 Cr |
| OFS Issue Size | 1,74,74,048 shares | 65,26,983 shares |
| OFS Issue Size (Amount) | up to ₹504.96 Cr | up to ₹229.75 Cr |
| Issue Size Total | 10,03,53,919 shares | 1,57,59,937 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹554.75 Cr |
ACME Solar Holdings IPO opens on Nov 06, 2024, while Godavari Biorefineries IPO opens on Oct 23, 2024. The closing date of ACME Solar Holdings IPO and Godavari Biorefineries IPO is Nov 08, 2024, and Oct 25, 2024, respectively.
| ACME Solar Holdings IPO | Godavari Biorefineries IPO | |
|---|---|---|
| Anchor Bid Date | Nov 05, 2024 | Oct 22, 2024 |
| Issue Open | Nov 06, 2024 | Oct 23, 2024 |
| Issue Close | Nov 08, 2024 | Oct 25, 2024 |
| Basis Of Allotment (Tentative) | Nov 11, 2024 | Oct 28, 2024 |
| Initiation of Refunds (Tentative) | Nov 12, 2024 | Oct 29, 2024 |
| Credit of Share (Tentative) | Nov 12, 2024 | Oct 29, 2024 |
| Listing date (Tentative) | Nov 13, 2024 | Oct 30, 2024 |
| Anchor Lockin End date 1 | Dec 11, 2024 | Nov 26, 2024 |
| Anchor Lockin End date 2 | Feb 09, 2025 | Jan 25, 2025 |
ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Godavari Biorefineries IPO P/E ratio of 120.04.
| ACME Solar Holdings IPO | Godavari Biorefineries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 81.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 83.41 | 63.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.63 | 120.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17486.81 Cr. | ₹1801.39 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.93 | -11.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | -2.35% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.89 | 3.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.36 | ₹2.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 0.07 | -11.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in Godavari Biorefineries 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 31,51,988 shares in Godavari Biorefineries IPO.
| ACME Solar Holdings IPO | Godavari Biorefineries IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,50,00,000 shares | 47,27,980 shares |
| Market Maker Reservation | ||
| QIB | 3,00,00,001 shares | 31,51,988 shares |
| NII | 1,49,99,999 shares | 23,63,991 shares |
| RII | 99,99,999 shares | 55,15,978 shares |
| Employee | 3,81,679 shares | |
| Others | ||
| Total | 10,03,81,678 shares | 1,57,59,937 shares |
ACME Solar Holdings IPO subscribed 2.89x in total, whereas Godavari Biorefineries IPO subscribed 1.87x.
| ACME Solar Holdings IPO | Godavari Biorefineries IPO | |
|---|---|---|
| QIB (times) | 3.72x | 2.76x |
| NII (times) | 1.02x | 0.93x |
| Big NII (times) | 0.91x | 0.56x |
| Small NII (times) | 1.24x | 1.68x |
| RII (times) | 3.25x | 1.76x |
| Employee (times) | 1.85x | |
| Other (times) | ||
| Total (times) | 2.89x | 1.87x |
