Comparison between Arkade Developers IPO and Manba Finance IPO.
Arkade Developers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Manba Finance 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 Manba Finance IPO is up to ₹150.84 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Manba Finance IPO is ₹120.00 per share.
| Arkade Developers IPO | Manba Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹114.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹120.00 per share |
| Issue Price (Final) | ₹128.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 110 shares | 125 shares |
| Fresh Issue Size | 3,20,37,601 shares | 1,25,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹410.00 Cr | up to ₹150.84 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 | 1,25,70,000 shares |
| Issue Size Total (Amount) | up to ₹410.00 Cr | up to ₹150.84 Cr |
Arkade Developers IPO opens on Sep 16, 2024, while Manba Finance IPO opens on Sep 23, 2024. The closing date of Arkade Developers IPO and Manba Finance IPO is Sep 19, 2024, and Sep 25, 2024, respectively.
| Arkade Developers IPO | Manba Finance IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 20, 2024 |
| Issue Open | Sep 16, 2024 | Sep 23, 2024 |
| Issue Close | Sep 19, 2024 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 26, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 27, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 30, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 26, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 25, 2024 |
Arkade Developers IPO P/E ratio is 16.01, as compared to Manba Finance IPO P/E ratio of 14.39.
| Arkade Developers IPO | Manba Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.58 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.82 | 74.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.01 | 14.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2376.41 Cr. | ₹602.87 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.90% | 21.36% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.34% | 19.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 3.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.99 | ₹8.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.90% | 15.66% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in Manba Finance 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 25,14,000 shares in Manba Finance IPO.
| Arkade Developers IPO | Manba Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,62,500 shares | 37,71,000 shares |
| Market Maker Reservation | ||
| QIB | 63,75,000 shares | 25,14,000 shares |
| NII | 47,81,250 shares | 18,85,500 shares |
| RII | 1,11,56,250 shares | 43,99,500 shares |
| Employee | 1,62,601 shares | |
| Others | ||
| Total | 3,20,37,601 shares | 1,25,70,000 shares |
Arkade Developers IPO subscribed 113.49x in total, whereas Manba Finance IPO subscribed 224.05x.
| Arkade Developers IPO | Manba Finance IPO | |
|---|---|---|
| QIB (times) | 172.60x | 148.55x |
| NII (times) | 172.22x | 511.62x |
| Big NII (times) | 169.95x | 546.56x |
| Small NII (times) | 176.76x | 441.73x |
| RII (times) | 53.78x | 143.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 113.49x | 224.05x |
