Comparison between Afcons Infrastructure IPO and Garuda Construction IPO.
Afcons Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Garuda Construction IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Afcons Infrastructure IPO is up to ₹5,430.00 Cr whereas the issue size of the Garuda Construction IPO is up to ₹264.10 Cr. The final issue price of Afcons Infrastructure IPO is ₹463.00 per share and of Garuda Construction IPO is ₹95.00 per share.
| Afcons Infrastructure IPO | Garuda Construction IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹440.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹463.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹463.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹44.00 per share | |
| Market Lot Size | 32 shares | 157 shares |
| Fresh Issue Size | 2,70,46,362 shares | 1,83,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹1,251.73 Cr | up to ₹173.85 Cr |
| OFS Issue Size | 9,02,80,777 shares | 95,00,000 shares |
| OFS Issue Size (Amount) | up to ₹4,178.27 Cr | up to ₹90.25 Cr |
| Issue Size Total | 11,73,27,139 shares | 2,78,00,000 shares |
| Issue Size Total (Amount) | up to ₹5,430.00 Cr | up to ₹264.10 Cr |
Afcons Infrastructure IPO opens on Oct 25, 2024, while Garuda Construction IPO opens on Oct 08, 2024. The closing date of Afcons Infrastructure IPO and Garuda Construction IPO is Oct 29, 2024, and Oct 10, 2024, respectively.
| Afcons Infrastructure IPO | Garuda Construction IPO | |
|---|---|---|
| Anchor Bid Date | Oct 24, 2024 | Oct 07, 2024 |
| Issue Open | Oct 25, 2024 | Oct 08, 2024 |
| Issue Close | Oct 29, 2024 | Oct 10, 2024 |
| Basis Of Allotment (Tentative) | Oct 30, 2024 | Oct 11, 2024 |
| Initiation of Refunds (Tentative) | Oct 31, 2024 | Oct 14, 2024 |
| Credit of Share (Tentative) | Oct 31, 2024 | Oct 14, 2024 |
| Listing date (Tentative) | Nov 04, 2024 | Oct 15, 2024 |
| Anchor Lockin End date 1 | Nov 29, 2024 | Nov 10, 2024 |
| Anchor Lockin End date 2 | Jan 28, 2025 | Jan 09, 2025 |
Afcons Infrastructure IPO P/E ratio is 35.08, as compared to Garuda Construction IPO P/E ratio of 19.49.
| Afcons Infrastructure IPO | Garuda Construction IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.64 | 96.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.17 | 67.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.08 | 19.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17026.18 Cr. | ₹883.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.55% | 36.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.89% | 46.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.20 | ₹4.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.50% | 30.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Afcons Infrastructure IPO Retail Individual Investors (RII) are offered 4,08,58,532 shares while in Garuda Construction 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 55,60,000 shares in Garuda Construction IPO.
| Afcons Infrastructure IPO | Garuda Construction IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,50,21,597 shares | 83,40,000 shares |
| Market Maker Reservation | ||
| QIB | 2,33,47,732 shares | 55,60,000 shares |
| NII | 1,75,10,800 shares | 41,70,000 shares |
| RII | 4,08,58,532 shares | 97,30,000 shares |
| Employee | 5,96,658 shares | |
| Others | ||
| Total | 11,73,35,319 shares | 2,78,00,000 shares |
Afcons Infrastructure IPO subscribed 2.77x in total, whereas Garuda Construction IPO subscribed 7.55x.
| Afcons Infrastructure IPO | Garuda Construction IPO | |
|---|---|---|
| QIB (times) | 3.99x | 1.24x |
| NII (times) | 531.00x | 9.03x |
| Big NII (times) | 6.63x | 7.93x |
| Small NII (times) | 267.00x | 11.23x |
| RII (times) | 99.00x | 10.81x |
| Employee (times) | 177.00x | |
| Other (times) | ||
| Total (times) | 2.77x | 7.55x |
