Comparison between ACME Solar Holdings IPO and Niva Bupa Health Insurance IPO.
ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Niva Bupa Health Insurance 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 Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Niva Bupa Health Insurance IPO is ₹74.00 per share.
| ACME Solar Holdings IPO | Niva Bupa Health Insurance IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹275.00 per share | ₹70.00 per share |
| Issue Price (Upper) | ₹289.00 per share | ₹74.00 per share |
| Issue Price (Final) | ₹289.00 per share | ₹74.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹27.00 per share | |
| Market Lot Size | 51 shares | 200 shares |
| Fresh Issue Size | 8,28,79,871 shares | 10,81,08,108 shares |
| Fresh Issue Size (Amount) | up to ₹2,395.04 Cr | up to ₹800.00 Cr |
| OFS Issue Size | 1,74,74,048 shares | 18,91,89,188 shares |
| OFS Issue Size (Amount) | up to ₹504.96 Cr | up to ₹1,400.00 Cr |
| Issue Size Total | 10,03,53,919 shares | 29,72,97,296 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹2,200.00 Cr |
ACME Solar Holdings IPO opens on Nov 06, 2024, while Niva Bupa Health Insurance IPO opens on Nov 07, 2024. The closing date of ACME Solar Holdings IPO and Niva Bupa Health Insurance IPO is Nov 08, 2024, and Nov 11, 2024, respectively.
| ACME Solar Holdings IPO | Niva Bupa Health Insurance IPO | |
|---|---|---|
| Anchor Bid Date | Nov 05, 2024 | Nov 06, 2024 |
| Issue Open | Nov 06, 2024 | Nov 07, 2024 |
| Issue Close | Nov 08, 2024 | Nov 11, 2024 |
| Basis Of Allotment (Tentative) | Nov 11, 2024 | Nov 12, 2024 |
| Initiation of Refunds (Tentative) | Nov 12, 2024 | Nov 13, 2024 |
| Credit of Share (Tentative) | Nov 12, 2024 | Nov 13, 2024 |
| Listing date (Tentative) | Nov 13, 2024 | Nov 14, 2024 |
| Anchor Lockin End date 1 | Dec 11, 2024 | Dec 12, 2024 |
| Anchor Lockin End date 2 | Feb 09, 2025 | Feb 10, 2025 |
ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Niva Bupa Health Insurance IPO P/E ratio of 153.7.
| ACME Solar Holdings IPO | Niva Bupa Health Insurance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 88.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 83.41 | 73.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.63 | 153.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17486.81 Cr. | ₹13380.91 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.89 | 0.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.36 | ₹0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 0.07 | -0.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in Niva Bupa Health Insurance 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 8,91,89,190 shares in Niva Bupa Health Insurance IPO.
| ACME Solar Holdings IPO | Niva Bupa Health Insurance IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,50,00,000 shares | 13,37,83,783 shares |
| Market Maker Reservation | ||
| QIB | 3,00,00,001 shares | 8,91,89,190 shares |
| NII | 1,49,99,999 shares | 4,45,94,594 shares |
| RII | 99,99,999 shares | 2,97,29,729 shares |
| Employee | 3,81,679 shares | |
| Others | ||
| Total | 10,03,81,678 shares | 29,72,97,296 shares |
ACME Solar Holdings IPO subscribed 2.89x in total, whereas Niva Bupa Health Insurance IPO subscribed 1.90x.
| ACME Solar Holdings IPO | Niva Bupa Health Insurance IPO | |
|---|---|---|
| QIB (times) | 3.72x | 2.17x |
| NII (times) | 1.02x | 0.71x |
| Big NII (times) | 0.91x | 0.70x |
| Small NII (times) | 1.24x | 0.74x |
| RII (times) | 3.25x | 2.88x |
| Employee (times) | 1.85x | |
| Other (times) | ||
| Total (times) | 2.89x | 1.90x |
