Comparison between Afcons Infrastructure IPO and Northern Arc Capital IPO.
Afcons Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Northern Arc Capital 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 Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of Afcons Infrastructure IPO is ₹463.00 per share and of Northern Arc Capital IPO is ₹263.00 per share.
| Afcons Infrastructure IPO | Northern Arc Capital IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹440.00 per share | ₹249.00 per share |
| Issue Price (Upper) | ₹463.00 per share | ₹263.00 per share |
| Issue Price (Final) | ₹463.00 per share | ₹263.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹44.00 per share | ₹24.00 per share |
| Market Lot Size | 32 shares | 57 shares |
| Fresh Issue Size | 2,70,46,362 shares | 1,90,65,326 shares |
| Fresh Issue Size (Amount) | up to ₹1,251.73 Cr | up to ₹500.50 Cr |
| OFS Issue Size | 9,02,80,777 shares | 1,05,32,320 shares |
| OFS Issue Size (Amount) | up to ₹4,178.27 Cr | up to ₹276.50 Cr |
| Issue Size Total | 11,73,27,139 shares | 2,95,97,646 shares |
| Issue Size Total (Amount) | up to ₹5,430.00 Cr | up to ₹777.00 Cr |
Afcons Infrastructure IPO opens on Oct 25, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of Afcons Infrastructure IPO and Northern Arc Capital IPO is Oct 29, 2024, and Sep 19, 2024, respectively.
| Afcons Infrastructure IPO | Northern Arc Capital IPO | |
|---|---|---|
| Anchor Bid Date | Oct 24, 2024 | Sep 13, 2024 |
| Issue Open | Oct 25, 2024 | Sep 16, 2024 |
| Issue Close | Oct 29, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Oct 30, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Oct 31, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Oct 31, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Nov 04, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Nov 29, 2024 | Oct 19, 2024 |
| Anchor Lockin End date 2 | Jan 28, 2025 | Dec 18, 2024 |
Afcons Infrastructure IPO P/E ratio is 35.08, as compared to Northern Arc Capital IPO P/E ratio of 11.78.
| Afcons Infrastructure IPO | Northern Arc Capital IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.08 | 11.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17026.18 Cr. | ₹4242.86 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.55% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.89% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.91 | 3.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.20 | ₹22.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.50% | 13.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Afcons Infrastructure IPO Retail Individual Investors (RII) are offered 4,08,58,532 shares while in Northern Arc Capital 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 58,01,354 shares in Northern Arc Capital IPO.
| Afcons Infrastructure IPO | Northern Arc Capital IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,50,21,597 shares | 87,02,031 shares |
| Market Maker Reservation | ||
| QIB | 2,33,47,732 shares | 58,01,354 shares |
| NII | 1,75,10,800 shares | 43,51,016 shares |
| RII | 4,08,58,532 shares | 1,01,52,371 shares |
| Employee | 5,96,658 shares | 5,90,874 shares |
| Others | ||
| Total | 11,73,35,319 shares | 2,95,97,646 shares |
Afcons Infrastructure IPO subscribed 2.77x in total, whereas Northern Arc Capital IPO subscribed 117.19x.
| Afcons Infrastructure IPO | Northern Arc Capital IPO | |
|---|---|---|
| QIB (times) | 3.99x | 242.73x |
| NII (times) | 531.00x | 147.58x |
| Big NII (times) | 6.63x | 160.48x |
| Small NII (times) | 267.00x | 121.79x |
| RII (times) | 99.00x | 32.01x |
| Employee (times) | 177.00x | |
| Other (times) | ||
| Total (times) | 2.77x | 117.19x |
