Comparison between Arkade Developers IPO and KRN Heat Exchanger IPO.
Arkade Developers 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 Arkade Developers IPO is up to ₹410.00 Cr whereas the issue size of the KRN Heat Exchanger IPO is up to ₹341.95 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of KRN Heat Exchanger IPO is ₹220.00 per share.
| Arkade Developers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹128.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 110 shares | 65 shares |
| Fresh Issue Size | 3,20,37,601 shares | 1,55,43,000 shares |
| Fresh Issue Size (Amount) | up to ₹410.00 Cr | up to ₹341.95 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,20,37,601 shares | 1,55,43,000 shares |
| Issue Size Total (Amount) | up to ₹410.00 Cr | up to ₹341.95 Cr |
Arkade Developers IPO opens on Sep 16, 2024, while KRN Heat Exchanger IPO opens on Sep 25, 2024. The closing date of Arkade Developers IPO and KRN Heat Exchanger IPO is Sep 19, 2024, and Sep 27, 2024, respectively.
| Arkade Developers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 24, 2024 |
| Issue Open | Sep 16, 2024 | Sep 25, 2024 |
| Issue Close | Sep 19, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 30, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 29, 2024 |
Arkade Developers IPO P/E ratio is 16.01, as compared to KRN Heat Exchanger IPO P/E ratio of 24.78.
| Arkade Developers IPO | KRN Heat Exchanger IPO | |||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.58 | 94.39 | ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.82 | 70.78 | ||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.01 | 24.78 | ||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2376.41 Cr. | ₹1309.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.90% | 40.86% | ||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.34% | 31.21% | ||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.99 | ₹8.88 | ||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.90% | 29.68% | ||||||||||||||||||||||||||||||||||||||||||||||
In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in KRN Heat Exchanger 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 31,07,455 shares in KRN Heat Exchanger IPO.
| Arkade Developers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,62,500 shares | 45,50,000 shares |
| Market Maker Reservation | ||
| QIB | 63,75,000 shares | 31,07,455 shares |
| NII | 47,81,250 shares | 23,87,215 shares |
| RII | 1,11,56,250 shares | 54,98,330 shares |
| Employee | 1,62,601 shares | |
| Others | ||
| Total | 3,20,37,601 shares | 1,55,43,000 shares |
Arkade Developers IPO subscribed 113.49x in total, whereas KRN Heat Exchanger IPO subscribed 213.41x.
| Arkade Developers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| QIB (times) | 172.60x | 253.04x |
| NII (times) | 172.22x | 430.54x |
| Big NII (times) | 169.95x | 445.31x |
| Small NII (times) | 176.76x | 401.01x |
| RII (times) | 53.78x | 96.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 113.49x | 213.41x |
