Afcons Infrastructure IPO vs Diffusion Engineers IPO

Comparison between Afcons Infrastructure IPO and Diffusion Engineers IPO.

IPO Details

Afcons Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Diffusion Engineers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Afcons Infrastructure IPO is up to ₹5,430.00 Cr whereas the issue size of the Diffusion Engineers IPO is up to ₹157.96 Cr. The final issue price of Afcons Infrastructure IPO is ₹463.00 per share and of Diffusion Engineers IPO is ₹168.00 per share.

 Afcons Infrastructure IPODiffusion Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹440.00 per share₹159.00 per share
Issue Price (Upper)₹463.00 per share₹168.00 per share
Issue Price (Final)₹463.00 per share₹168.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹44.00 per share₹8.00 per share
Market Lot Size32 shares88 shares
Fresh Issue Size2,70,46,362 shares94,05,000 shares
Fresh Issue Size (Amount)up to ₹1,251.73 Crup to ₹157.96 Cr
OFS Issue Size9,02,80,777 shares0 shares
OFS Issue Size (Amount)up to ₹4,178.27 Crup to ₹0.00 Cr
Issue Size Total11,73,27,139 shares94,05,000 shares
Issue Size Total (Amount)up to ₹5,430.00 Crup to ₹157.96 Cr

IPO Timetable

Afcons Infrastructure IPO opens on Oct 25, 2024, while Diffusion Engineers IPO opens on Sep 26, 2024. The closing date of Afcons Infrastructure IPO and Diffusion Engineers IPO is Oct 29, 2024, and Sep 30, 2024, respectively.

 Afcons Infrastructure IPODiffusion Engineers IPO
Anchor Bid DateOct 24, 2024Sep 25, 2024
Issue OpenOct 25, 2024Sep 26, 2024
Issue CloseOct 29, 2024Sep 30, 2024
Basis Of Allotment (Tentative)Oct 30, 2024Oct 01, 2024
Initiation of Refunds (Tentative)Oct 31, 2024Oct 03, 2024
Credit of Share (Tentative)Oct 31, 2024Oct 03, 2024
Listing date (Tentative)Nov 04, 2024Oct 04, 2024
Anchor Lockin End date 1Nov 29, 2024Oct 31, 2024
Anchor Lockin End date 2Jan 28, 2025Dec 30, 2024

Financials & KPIs

Afcons Infrastructure IPO P/E ratio is 35.08, as compared to Diffusion Engineers IPO P/E ratio of 15.28.

 Afcons Infrastructure IPODiffusion Engineers IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets17,184.5816,233.6414,301.2512,973.77
Total Income3,213.4713,646.8812,844.0911,269.55
Profit After Tax91.59449.76410.86357.61
NET Worth3,662.253,575.053,155.062,691.03
Reserves and Surplus3,342.523,255.222,653.752,190.11
Total Borrowing3,365.102,455.001,562.821,555.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets275.59230.34189.55
Total Income285.56258.67208.75
Profit After Tax30.8022.1517.05
NET Worth190.70142.00120.65
Reserves and Surplus163.03138.39117.34
Total Borrowing34.4448.0924.60
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80.6493.1
Promoter Shareholding (Post-Issue)50.1769.7
P/E Ratio35.0815.28
Market Cap₹17026.18 Cr.₹628.76 Cr.
ROE10.55%18.52%
ROCE14.89%20.63%
Debt/Equity0.910.18
EPS₹13.20₹10.99
RoNW2.50%18.52%

Shares Offered

In the Afcons Infrastructure IPO Retail Individual Investors (RII) are offered 4,08,58,532 shares while in Diffusion Engineers IPO retail investors are offered 4,08,58,532 shares. Qualified Institutional Buyers (QIB) are offered 2,33,47,732 shares in Afcons Infrastructure IPO and 18,71,000 shares in Diffusion Engineers IPO.

 Afcons Infrastructure IPODiffusion Engineers IPO
Anchor Investor Reservation3,50,21,597 shares28,06,500 shares
Market Maker Reservation
QIB2,33,47,732 shares18,71,000 shares
NII1,75,10,800 shares14,03,250 shares
RII4,08,58,532 shares32,74,250 shares
Employee5,96,658 shares50,000 shares
Others
Total11,73,35,319 shares94,05,000 shares

Bids Received (Subscription)

Afcons Infrastructure IPO subscribed 2.77x in total, whereas Diffusion Engineers IPO subscribed 114.50x.

 Afcons Infrastructure IPODiffusion Engineers IPO
QIB (times)3.99x95.74x
NII (times)531.00x207.60x
Big NII (times)6.63x203.34x
Small NII (times)267.00x216.13x
RII (times)99.00x85.61x
Employee (times)177.00x95.05x
Other (times)
Total (times)2.77x114.50x

Compare with others

Compare:

Afcons Infrastructure IPO Vs Diffusion Engineers IPO