Arkade Developers IPO vs Diffusion Engineers IPO

Comparison between Arkade Developers IPO and Diffusion Engineers IPO.

IPO Details

Arkade Developers 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 Arkade Developers IPO is up to ₹410.00 Cr whereas the issue size of the Diffusion Engineers IPO is up to ₹157.96 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Diffusion Engineers IPO is ₹168.00 per share.

 Arkade Developers IPODiffusion Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share₹159.00 per share
Issue Price (Upper)₹128.00 per share₹168.00 per share
Issue Price (Final)₹128.00 per share₹168.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹5.00 per share₹8.00 per share
Market Lot Size110 shares88 shares
Fresh Issue Size3,20,37,601 shares94,05,000 shares
Fresh Issue Size (Amount)up to ₹410.00 Crup to ₹157.96 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,20,37,601 shares94,05,000 shares
Issue Size Total (Amount)up to ₹410.00 Crup to ₹157.96 Cr

IPO Timetable

Arkade Developers IPO opens on Sep 16, 2024, while Diffusion Engineers IPO opens on Sep 26, 2024. The closing date of Arkade Developers IPO and Diffusion Engineers IPO is Sep 19, 2024, and Sep 30, 2024, respectively.

 Arkade Developers IPODiffusion Engineers IPO
Anchor Bid DateSep 13, 2024Sep 25, 2024
Issue OpenSep 16, 2024Sep 26, 2024
Issue CloseSep 19, 2024Sep 30, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Oct 01, 2024
Initiation of Refunds (Tentative)Sep 23, 2024Oct 03, 2024
Credit of Share (Tentative)Sep 23, 2024Oct 03, 2024
Listing date (Tentative)Sep 24, 2024Oct 04, 2024
Anchor Lockin End date 1Oct 20, 2024Oct 31, 2024
Anchor Lockin End date 2Dec 19, 2024Dec 30, 2024

Financials & KPIs

Arkade Developers IPO P/E ratio is 16.01, as compared to Diffusion Engineers IPO P/E ratio of 15.28.

 Arkade Developers IPODiffusion Engineers IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets575.01555.41369.97
Total Income635.71224.01237.18
Profit After Tax122.8150.7750.84
NET Worth323.40200.32149.50
Reserves and Surplus171.40198.32147.49
Total Borrowing69.41149.0064.41
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)85.5893.1
Promoter Shareholding (Post-Issue)70.8269.7
P/E Ratio16.0115.28
Market Cap₹2376.41 Cr.₹628.76 Cr.
ROE46.90%18.52%
ROCE47.34%20.63%
Debt/Equity0.210.18
EPS₹7.99₹10.99
RoNW46.90%18.52%

Shares Offered

In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in Diffusion Engineers IPO retail investors are offered 1,11,56,250 shares. Qualified Institutional Buyers (QIB) are offered 63,75,000 shares in Arkade Developers IPO and 18,71,000 shares in Diffusion Engineers IPO.

 Arkade Developers IPODiffusion Engineers IPO
Anchor Investor Reservation95,62,500 shares28,06,500 shares
Market Maker Reservation
QIB63,75,000 shares18,71,000 shares
NII47,81,250 shares14,03,250 shares
RII1,11,56,250 shares32,74,250 shares
Employee1,62,601 shares50,000 shares
Others
Total3,20,37,601 shares94,05,000 shares

Bids Received (Subscription)

Arkade Developers IPO subscribed 113.49x in total, whereas Diffusion Engineers IPO subscribed 114.50x.

 Arkade Developers IPODiffusion Engineers IPO
QIB (times)172.60x95.74x
NII (times)172.22x207.60x
Big NII (times)169.95x203.34x
Small NII (times)176.76x216.13x
RII (times)53.78x85.61x
Employee (times)95.05x
Other (times)
Total (times)113.49x114.50x

Compare with others

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Arkade Developers IPO Vs Diffusion Engineers IPO