Comparison between Afcons Infrastructure IPO and Waaree Energies IPO.
Afcons Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Waaree Energies 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 Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Afcons Infrastructure IPO is ₹463.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.
| Afcons Infrastructure IPO | Waaree Energies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹440.00 per share | ₹1,427.00 per share |
| Issue Price (Upper) | ₹463.00 per share | ₹1,503.00 per share |
| Issue Price (Final) | ₹463.00 per share | ₹1,503.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹44.00 per share | ₹0.00 per share |
| Market Lot Size | 32 shares | 9 shares |
| Fresh Issue Size | 2,70,46,362 shares | 2,39,52,095 shares |
| Fresh Issue Size (Amount) | up to ₹1,251.73 Cr | up to ₹3,600.00 Cr |
| OFS Issue Size | 9,02,80,777 shares | 48,00,000 shares |
| OFS Issue Size (Amount) | up to ₹4,178.27 Cr | up to ₹721.44 Cr |
| Issue Size Total | 11,73,27,139 shares | 2,87,52,095 shares |
| Issue Size Total (Amount) | up to ₹5,430.00 Cr | up to ₹4,321.44 Cr |
Afcons Infrastructure IPO opens on Oct 25, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Afcons Infrastructure IPO and Waaree Energies IPO is Oct 29, 2024, and Oct 23, 2024, respectively.
| Afcons Infrastructure IPO | Waaree Energies IPO | |
|---|---|---|
| Anchor Bid Date | Oct 24, 2024 | Oct 18, 2024 |
| Issue Open | Oct 25, 2024 | Oct 21, 2024 |
| Issue Close | Oct 29, 2024 | Oct 23, 2024 |
| Basis Of Allotment (Tentative) | Oct 30, 2024 | Oct 24, 2024 |
| Initiation of Refunds (Tentative) | Oct 31, 2024 | Oct 25, 2024 |
| Credit of Share (Tentative) | Oct 31, 2024 | Oct 25, 2024 |
| Listing date (Tentative) | Nov 04, 2024 | Oct 28, 2024 |
| Anchor Lockin End date 1 | Nov 29, 2024 | Nov 22, 2024 |
| Anchor Lockin End date 2 | Jan 28, 2025 | Jan 21, 2025 |
Afcons Infrastructure IPO P/E ratio is 35.08, as compared to Waaree Energies IPO P/E ratio of 30.87.
| Afcons Infrastructure IPO | Waaree Energies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.64 | 71.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.17 | 64.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.08 | 30.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17026.18 Cr. | ₹42939.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.55% | 8.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.89% | 9.45% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.91 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.20 | ₹48.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.50% | 8.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Afcons Infrastructure IPO Retail Individual Investors (RII) are offered 4,08,58,532 shares while in Waaree Energies 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 56,63,925 shares in Waaree Energies IPO.
| Afcons Infrastructure IPO | Waaree Energies IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,50,21,597 shares | 84,95,887 shares |
| Market Maker Reservation | ||
| QIB | 2,33,47,732 shares | 56,63,925 shares |
| NII | 1,75,10,800 shares | 42,47,945 shares |
| RII | 4,08,58,532 shares | 99,11,870 shares |
| Employee | 5,96,658 shares | 4,32,468 shares |
| Others | ||
| Total | 11,73,35,319 shares | 2,87,52,095 shares |
Afcons Infrastructure IPO subscribed 2.77x in total, whereas Waaree Energies IPO subscribed 79.44x.
| Afcons Infrastructure IPO | Waaree Energies IPO | |
|---|---|---|
| QIB (times) | 3.99x | 215.03x |
| NII (times) | 531.00x | 65.25x |
| Big NII (times) | 6.63x | 71.32x |
| Small NII (times) | 267.00x | 53.10x |
| RII (times) | 99.00x | 11.27x |
| Employee (times) | 177.00x | 5.45x |
| Other (times) | ||
| Total (times) | 2.77x | 79.44x |
