Comparison between Arkade Developers IPO and Kross IPO.
Arkade Developers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kross 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 Kross IPO is up to ₹500.00 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Kross IPO is ₹240.00 per share.
| Arkade Developers IPO | Kross IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹228.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹240.00 per share |
| Issue Price (Final) | ₹128.00 per share | ₹240.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 110 shares | 62 shares |
| Fresh Issue Size | 3,20,37,601 shares | 1,04,16,666 shares |
| Fresh Issue Size (Amount) | up to ₹410.00 Cr | up to ₹250.00 Cr |
| OFS Issue Size | 0 shares | 1,04,16,666 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹250.00 Cr |
| Issue Size Total | 3,20,37,601 shares | 2,08,33,332 shares |
| Issue Size Total (Amount) | up to ₹410.00 Cr | up to ₹500.00 Cr |
Arkade Developers IPO opens on Sep 16, 2024, while Kross IPO opens on Sep 09, 2024. The closing date of Arkade Developers IPO and Kross IPO is Sep 19, 2024, and Sep 11, 2024, respectively.
| Arkade Developers IPO | Kross IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 06, 2024 |
| Issue Open | Sep 16, 2024 | Sep 09, 2024 |
| Issue Close | Sep 19, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 11, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 10, 2024 |
Arkade Developers IPO P/E ratio is 16.01, as compared to Kross IPO P/E ratio of 28.93.
| Arkade Developers IPO | Kross IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.58 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.82 | 67.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.01 | 28.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2376.41 Cr. | ₹1548.23 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.90% | 30.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.34% | 28.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 0.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.99 | ₹8.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.90% | 30.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in Kross 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 41,66,666 shares in Kross IPO.
| Arkade Developers IPO | Kross IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,62,500 shares | 62,49,999 shares |
| Market Maker Reservation | ||
| QIB | 63,75,000 shares | 41,66,666 shares |
| NII | 47,81,250 shares | 31,25,000 shares |
| RII | 1,11,56,250 shares | 72,91,667 shares |
| Employee | 1,62,601 shares | |
| Others | ||
| Total | 3,20,37,601 shares | 2,08,33,332 shares |
Arkade Developers IPO subscribed 113.49x in total, whereas Kross IPO subscribed 17.66x.
| Arkade Developers IPO | Kross IPO | |
|---|---|---|
| QIB (times) | 172.60x | 24.55x |
| NII (times) | 172.22x | 23.40x |
| Big NII (times) | 169.95x | 23.21x |
| Small NII (times) | 176.76x | 23.77x |
| RII (times) | 53.78x | 11.26x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 113.49x | 17.66x |
