ACME Solar Holdings IPO vs Swiggy IPO

Comparison between ACME Solar Holdings IPO and Swiggy IPO.

IPO Details

ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Swiggy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ACME Solar Holdings IPO is up to ₹2,900.00 Cr whereas the issue size of the Swiggy IPO is up to ₹11,327.43 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Swiggy IPO is ₹390.00 per share.

 ACME Solar Holdings IPOSwiggy IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹275.00 per share₹371.00 per share
Issue Price (Upper)₹289.00 per share₹390.00 per share
Issue Price (Final)₹289.00 per share₹390.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹27.00 per share₹25.00 per share
Market Lot Size51 shares38 shares
Fresh Issue Size8,28,79,871 shares11,53,80,563 shares
Fresh Issue Size (Amount)up to ₹2,395.04 Crup to ₹4,499.51 Cr
OFS Issue Size1,74,74,048 shares17,50,87,863 shares
OFS Issue Size (Amount)up to ₹504.96 Crup to ₹6,827.92 Cr
Issue Size Total10,03,53,919 shares29,04,68,426 shares
Issue Size Total (Amount)up to ₹2,900.00 Crup to ₹11,327.43 Cr

IPO Timetable

ACME Solar Holdings IPO opens on Nov 06, 2024, while Swiggy IPO opens on Nov 06, 2024. The closing date of ACME Solar Holdings IPO and Swiggy IPO is Nov 08, 2024, and Nov 08, 2024, respectively.

 ACME Solar Holdings IPOSwiggy IPO
Anchor Bid DateNov 05, 2024Nov 05, 2024
Issue OpenNov 06, 2024Nov 06, 2024
Issue CloseNov 08, 2024Nov 08, 2024
Basis Of Allotment (Tentative)Nov 11, 2024Nov 11, 2024
Initiation of Refunds (Tentative)Nov 12, 2024Nov 12, 2024
Credit of Share (Tentative)Nov 12, 2024Nov 12, 2024
Listing date (Tentative)Nov 13, 2024Nov 13, 2024
Anchor Lockin End date 1Dec 11, 2024Dec 10, 2024
Anchor Lockin End date 2Feb 09, 2025Feb 08, 2025

Financials & KPIs

ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Swiggy IPO P/E ratio of -35.23.

 ACME Solar Holdings IPOSwiggy IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets13,985.1413,394.1312,186.9510,887.62
Total Income340.011,466.271,361.371,562.73
Profit After Tax1.39697.78-3.1762.01
NET Worth1,942.122,590.871,900.561,908.76
Reserves and Surplus1,837.681,836.431,146.121,154.32
Total Borrowing9,319.918,217.598,657.357,563.60
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets10,341.2410,529.4211,280.6514,405.74
Total Income3,310.1111,634.358,714.456,119.78
Profit After Tax-611.01-2,350.24-4,179.31-3,628.90
NET Worth7,444.997,791.469,056.6112,266.91
Reserves and Surplus-7,750.85-7,880.85-6,510.34-3,311.10
Total Borrowing256.61211.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10063.56
Promoter Shareholding (Post-Issue)83.4152.97
P/E Ratio21.63-35.23
Market Cap₹17486.81 Cr.₹87298.60 Cr.
ROE2.93
ROCE
Debt/Equity3.89
EPS₹13.36₹-11.07
RoNW0.07-8.21%

Shares Offered

In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in Swiggy 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 8,69,23,475 shares in Swiggy IPO.

 ACME Solar Holdings IPOSwiggy IPO
Anchor Investor Reservation4,50,00,000 shares13,03,85,211 shares
Market Maker Reservation
QIB3,00,00,001 shares8,69,23,475 shares
NII1,49,99,999 shares4,34,61,737 shares
RII99,99,999 shares2,89,74,491 shares
Employee3,81,679 shares7,50,000 shares
Others
Total10,03,81,678 shares29,04,94,914 shares

Bids Received (Subscription)

ACME Solar Holdings IPO subscribed 2.89x in total, whereas Swiggy IPO subscribed 3.59x.

 ACME Solar Holdings IPOSwiggy IPO
QIB (times)3.72x6.02x
NII (times)1.02x0.41x
Big NII (times)0.91x0.37x
Small NII (times)1.24x0.50x
RII (times)3.25x1.14x
Employee (times)1.85x1.65x
Other (times)
Total (times)2.89x3.59x

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ACME Solar Holdings IPO Vs Swiggy IPO