Comparison between ACME Solar Holdings IPO and Zinka Logistics Solutions IPO.
ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Zinka Logistics Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ACME Solar Holdings IPO is up to ₹2,900.00 Cr whereas the issue size of the Zinka Logistics Solutions IPO is up to ₹1,114.72 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Zinka Logistics Solutions IPO is ₹273.00 per share.
| ACME Solar Holdings IPO | Zinka Logistics Solutions IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹275.00 per share | ₹259.00 per share |
| Issue Price (Upper) | ₹289.00 per share | ₹273.00 per share |
| Issue Price (Final) | ₹289.00 per share | ₹273.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹27.00 per share | ₹25.00 per share |
| Market Lot Size | 51 shares | 54 shares |
| Fresh Issue Size | 8,28,79,871 shares | 2,01,48,577 shares |
| Fresh Issue Size (Amount) | up to ₹2,395.04 Cr | up to ₹550.03 Cr |
| OFS Issue Size | 1,74,74,048 shares | 2,06,85,800 shares |
| OFS Issue Size (Amount) | up to ₹504.96 Cr | up to ₹564.69 Cr |
| Issue Size Total | 10,03,53,919 shares | 4,08,34,377 shares |
| Issue Size Total (Amount) | up to ₹2,900.00 Cr | up to ₹1,114.72 Cr |
ACME Solar Holdings IPO opens on Nov 06, 2024, while Zinka Logistics Solutions IPO opens on Nov 13, 2024. The closing date of ACME Solar Holdings IPO and Zinka Logistics Solutions IPO is Nov 08, 2024, and Nov 18, 2024, respectively.
| ACME Solar Holdings IPO | Zinka Logistics Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Nov 05, 2024 | Nov 12, 2024 |
| Issue Open | Nov 06, 2024 | Nov 13, 2024 |
| Issue Close | Nov 08, 2024 | Nov 18, 2024 |
| Basis Of Allotment (Tentative) | Nov 11, 2024 | Nov 19, 2024 |
| Initiation of Refunds (Tentative) | Nov 12, 2024 | Nov 20, 2024 |
| Credit of Share (Tentative) | Nov 12, 2024 | Nov 20, 2024 |
| Listing date (Tentative) | Nov 13, 2024 | Nov 22, 2024 |
| Anchor Lockin End date 1 | Dec 11, 2024 | Dec 19, 2024 |
| Anchor Lockin End date 2 | Feb 09, 2025 | Feb 17, 2025 |
ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Zinka Logistics Solutions IPO P/E ratio of -22.
| ACME Solar Holdings IPO | Zinka Logistics Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 32.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 83.41 | 26.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.63 | -22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17486.81 Cr. | ₹4817.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.93 | 9.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 1.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.89 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.36 | ₹-12.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 0.07 | 9.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in Zinka Logistics Solutions IPO retail investors are offered 99,99,999 shares. Qualified Institutional Buyers (QIB) are offered 3,00,00,001 shares in ACME Solar Holdings IPO and 1,22,42,611 shares in Zinka Logistics Solutions IPO.
| ACME Solar Holdings IPO | Zinka Logistics Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,50,00,000 shares | 1,83,63,915 shares |
| Market Maker Reservation | ||
| QIB | 3,00,00,001 shares | 1,22,42,611 shares |
| NII | 1,49,99,999 shares | 61,21,305 shares |
| RII | 99,99,999 shares | 40,80,870 shares |
| Employee | 3,81,679 shares | 26,000 shares |
| Others | ||
| Total | 10,03,81,678 shares | 4,08,34,701 shares |
ACME Solar Holdings IPO subscribed 2.89x in total, whereas Zinka Logistics Solutions IPO subscribed 1.87x.
| ACME Solar Holdings IPO | Zinka Logistics Solutions IPO | |
|---|---|---|
| QIB (times) | 3.72x | 2.72x |
| NII (times) | 1.02x | 0.24x |
| Big NII (times) | 0.91x | 0.18x |
| Small NII (times) | 1.24x | 0.37x |
| RII (times) | 3.25x | 1.70x |
| Employee (times) | 1.85x | 9.86x |
| Other (times) | ||
| Total (times) | 2.89x | 1.87x |
