Aadhar Housing Finance IPO vs DEE Development Engineers IPO

Comparison between Aadhar Housing Finance IPO and DEE Development Engineers IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while DEE Development Engineers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the DEE Development Engineers IPO is up to ₹418.01 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of DEE Development Engineers IPO is ₹203.00 per share.

 Aadhar Housing Finance IPODEE Development Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹300.00 per share₹193.00 per share
Issue Price (Upper)₹315.00 per share₹203.00 per share
Issue Price (Final)₹315.00 per share₹203.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹23.00 per share₹19.00 per share
Market Lot Size47 shares73 shares
Fresh Issue Size3,17,63,535 shares1,60,14,938 shares
Fresh Issue Size (Amount)up to ₹1,000.37 Crup to ₹325.02 Cr
OFS Issue Size6,34,92,063 shares45,82,000 shares
OFS Issue Size (Amount)up to ₹1,999.63 Crup to ₹92.99 Cr
Issue Size Total9,52,55,598 shares2,05,96,938 shares
Issue Size Total (Amount)up to ₹3,000.00 Crup to ₹418.01 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while DEE Development Engineers IPO opens on Jun 19, 2024. The closing date of Aadhar Housing Finance IPO and DEE Development Engineers IPO is May 10, 2024, and Jun 21, 2024, respectively.

 Aadhar Housing Finance IPODEE Development Engineers IPO
Anchor Bid DateMay 07, 2024Jun 18, 2024
Issue OpenMay 08, 2024Jun 19, 2024
Issue CloseMay 10, 2024Jun 21, 2024
Basis Of Allotment (Tentative)May 13, 2024Jun 24, 2024
Initiation of Refunds (Tentative)May 14, 2024Jun 25, 2024
Credit of Share (Tentative)May 14, 2024Jun 25, 2024
Listing date (Tentative)May 15, 2024Jun 26, 2024
Anchor Lockin End date 1Jun 12, 2024Jul 24, 2024
Anchor Lockin End date 2Aug 11, 2024Sep 22, 2024

Financials & KPIs

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to DEE Development Engineers IPO P/E ratio of 83.

 Aadhar Housing Finance IPODEE Development Engineers IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18,035.5716,617.8714,375.8113,630.33
Total Income1,895.172,043.521,728.561,575.55
Profit After Tax547.88545.34446.20340.46
NET Worth4,249.103,697.603,146.632,692.76
Total Borrowing13,127.5912,153.4510,674.5910,374.47
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,171.01966.26845.40835.88
Total Income557.86614.32470.84513.03
Profit After Tax14.3412.978.2014.21
NET Worth428.19413.70401.37448.50
Reserves and Surplus380.23408.17395.85432.81
Total Borrowing407.14352.62285.36257.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.72100.00
Promoter Shareholding (Post-Issue)76.48
P/E Ratio22.883
Market Cap₹13434.78 Cr.₹1401.69 Cr.
ROE18.4%
ROCE3.91%
Debt/Equity3.100.85
EPS₹13.81₹2.45
RoNW12.9%3.35%

Shares Offered

In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in DEE Development Engineers IPO retail investors are offered 3,32,55,556 shares. Qualified Institutional Buyers (QIB) are offered 1,90,03,174 shares in Aadhar Housing Finance IPO and 41,08,518 shares in DEE Development Engineers IPO.

 Aadhar Housing Finance IPODEE Development Engineers IPO
Anchor Investor Reservation2,85,04,761 shares61,62,777 shares
Market Maker Reservation
QIB1,90,03,174 shares41,08,518 shares
NII1,42,52,381 shares30,81,389 shares
RII3,32,55,556 shares71,89,907 shares
Employee2,39,726 shares54,347 shares
Others
Total9,52,55,598 shares2,05,96,938 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas DEE Development Engineers IPO subscribed 103.03x.

 Aadhar Housing Finance IPODEE Development Engineers IPO
QIB (times)76.42x206.54x
NII (times)17.33x149.38x
Big NII (times)18.90x165.71x
Small NII (times)14.19x116.73x
RII (times)2.58x23.66x
Employee (times)6.88x
Other (times)
Total (times)26.76x103.03x

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