Comparison between Afcons Infrastructure IPO and KRN Heat Exchanger IPO.
Afcons Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while KRN Heat Exchanger 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 KRN Heat Exchanger IPO is up to ₹341.95 Cr. The final issue price of Afcons Infrastructure IPO is ₹463.00 per share and of KRN Heat Exchanger IPO is ₹220.00 per share.
| Afcons Infrastructure IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹440.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹463.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹463.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹44.00 per share | |
| Market Lot Size | 32 shares | 65 shares |
| Fresh Issue Size | 2,70,46,362 shares | 1,55,43,000 shares |
| Fresh Issue Size (Amount) | up to ₹1,251.73 Cr | up to ₹341.95 Cr |
| OFS Issue Size | 9,02,80,777 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4,178.27 Cr | up to ₹0.00 Cr |
| Issue Size Total | 11,73,27,139 shares | 1,55,43,000 shares |
| Issue Size Total (Amount) | up to ₹5,430.00 Cr | up to ₹341.95 Cr |
Afcons Infrastructure IPO opens on Oct 25, 2024, while KRN Heat Exchanger IPO opens on Sep 25, 2024. The closing date of Afcons Infrastructure IPO and KRN Heat Exchanger IPO is Oct 29, 2024, and Sep 27, 2024, respectively.
| Afcons Infrastructure IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Anchor Bid Date | Oct 24, 2024 | Sep 24, 2024 |
| Issue Open | Oct 25, 2024 | Sep 25, 2024 |
| Issue Close | Oct 29, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Oct 30, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Oct 31, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Oct 31, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Nov 04, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Nov 29, 2024 | Oct 30, 2024 |
| Anchor Lockin End date 2 | Jan 28, 2025 | Dec 29, 2024 |
Afcons Infrastructure IPO P/E ratio is 35.08, as compared to KRN Heat Exchanger IPO P/E ratio of 24.78.
| Afcons Infrastructure IPO | KRN Heat Exchanger IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.64 | 94.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.17 | 70.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.08 | 24.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17026.18 Cr. | ₹1309.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.55% | 40.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.89% | 31.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.91 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.20 | ₹8.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.50% | 29.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Afcons Infrastructure IPO Retail Individual Investors (RII) are offered 4,08,58,532 shares while in KRN Heat Exchanger 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 31,07,455 shares in KRN Heat Exchanger IPO.
| Afcons Infrastructure IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,50,21,597 shares | 45,50,000 shares |
| Market Maker Reservation | ||
| QIB | 2,33,47,732 shares | 31,07,455 shares |
| NII | 1,75,10,800 shares | 23,87,215 shares |
| RII | 4,08,58,532 shares | 54,98,330 shares |
| Employee | 5,96,658 shares | |
| Others | ||
| Total | 11,73,35,319 shares | 1,55,43,000 shares |
Afcons Infrastructure IPO subscribed 2.77x in total, whereas KRN Heat Exchanger IPO subscribed 213.41x.
| Afcons Infrastructure IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| QIB (times) | 3.99x | 253.04x |
| NII (times) | 531.00x | 430.54x |
| Big NII (times) | 6.63x | 445.31x |
| Small NII (times) | 267.00x | 401.01x |
| RII (times) | 99.00x | 96.74x |
| Employee (times) | 177.00x | |
| Other (times) | ||
| Total (times) | 2.77x | 213.41x |
