Comparison between ACME Solar Holdings IPO and NTPC Green Energy IPO.
ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while NTPC Green Energy 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 NTPC Green Energy IPO is up to ₹10,000.00 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of NTPC Green Energy IPO is ₹108.00 per share.
| ACME Solar Holdings IPO | NTPC Green Energy IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹275.00 per share | ₹102.00 per share |
| Issue Price (Upper) | ₹289.00 per share | ₹108.00 per share |
| Issue Price (Final) | ₹289.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹27.00 per share | ₹5.00 per share |
| Market Lot Size | 51 shares | 138 shares |
| Fresh Issue Size | 8,28,79,871 shares | 92,63,29,669 shares |
| Fresh Issue Size (Amount) | up to ₹2,395.04 Cr | up to ₹10,000.00 Cr |
| OFS Issue Size | 1,74,74,048 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹504.96 Cr | up to ₹0.00 Cr |
| Issue Size Total | 10,03,53,919 shares | 92,63,29,669 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹10,000.00 Cr |
ACME Solar Holdings IPO opens on Nov 06, 2024, while NTPC Green Energy IPO opens on Nov 19, 2024. The closing date of ACME Solar Holdings IPO and NTPC Green Energy IPO is Nov 08, 2024, and Nov 22, 2024, respectively.
| ACME Solar Holdings IPO | NTPC Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | Nov 05, 2024 | Nov 18, 2024 |
| Issue Open | Nov 06, 2024 | Nov 19, 2024 |
| Issue Close | Nov 08, 2024 | Nov 22, 2024 |
| Basis Of Allotment (Tentative) | Nov 11, 2024 | Nov 25, 2024 |
| Initiation of Refunds (Tentative) | Nov 12, 2024 | Nov 26, 2024 |
| Credit of Share (Tentative) | Nov 12, 2024 | Nov 26, 2024 |
| Listing date (Tentative) | Nov 13, 2024 | Nov 27, 2024 |
| Anchor Lockin End date 1 | Dec 11, 2024 | Dec 25, 2024 |
| Anchor Lockin End date 2 | Feb 09, 2025 | Feb 23, 2025 |
ACME Solar Holdings IPO P/E ratio is 21.63, as compared to NTPC Green Energy IPO P/E ratio of 234.97.
| ACME Solar Holdings IPO | NTPC Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 83.41 | 89.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.63 | 234.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17486.81 Cr. | ₹91000.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.93 | 7.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.89 | 1.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.36 | ₹0.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 0.07 | 2.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in NTPC Green Energy 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 24,44,44,445 shares in NTPC Green Energy IPO.
| ACME Solar Holdings IPO | NTPC Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,50,00,000 shares | 36,66,66,666 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 3,00,00,001 shares | 24,44,44,445 shares |
| NII | 1,49,99,999 shares | 12,22,22,222 shares |
| RII | 99,99,999 shares | 8,14,81,481 shares |
| Employee | 3,81,679 shares | 1,94,17,475 shares |
| Others | ||
| Total | 10,03,81,678 shares | 92,68,24,881 shares |
ACME Solar Holdings IPO subscribed 2.89x in total, whereas NTPC Green Energy IPO subscribed 2.55x.
| ACME Solar Holdings IPO | NTPC Green Energy IPO | |
|---|---|---|
| QIB (times) | 3.72x | 3.51x |
| NII (times) | 1.02x | 0.85x |
| Big NII (times) | 0.91x | 0.60x |
| Small NII (times) | 1.24x | 1.36x |
| RII (times) | 3.25x | 3.59x |
| Employee (times) | 1.85x | 0.83x |
| Other (times) | 1.67x | |
| Total (times) | 2.89x | 2.55x |
