Comparison between Akme Fintrade IPO and DEE Development Engineers IPO.
Akme Fintrade 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.
The total issue size of Akme Fintrade IPO is up to ₹132.00 Cr whereas the issue size of the DEE Development Engineers IPO is up to ₹418.01 Cr. The final issue price of Akme Fintrade IPO is ₹120.00 per share and of DEE Development Engineers IPO is ₹203.00 per share.
| Akme Fintrade IPO | DEE Development Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹193.00 per share |
| Issue Price (Upper) | ₹120.00 per share | ₹203.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹203.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹19.00 per share |
| Market Lot Size | 125 shares | 73 shares |
| Fresh Issue Size | 1,10,00,000 shares | 1,60,14,938 shares |
| Fresh Issue Size (Amount) | up to ₹132.00 Cr | up to ₹325.02 Cr |
| OFS Issue Size | 0 shares | 45,82,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹92.99 Cr |
| Issue Size Total | 1,10,00,000 shares | 2,05,96,938 shares |
| Issue Size Total (Amount) | up to ₹132.00 Cr | up to ₹418.01 Cr |
Akme Fintrade IPO opens on Jun 19, 2024, while DEE Development Engineers IPO opens on Jun 19, 2024. The closing date of Akme Fintrade IPO and DEE Development Engineers IPO is Jun 21, 2024, and Jun 21, 2024, respectively.
| Akme Fintrade IPO | DEE Development Engineers IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jun 18, 2024 |
| Issue Open | Jun 19, 2024 | Jun 19, 2024 |
| Issue Close | Jun 21, 2024 | Jun 21, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jun 24, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jun 25, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jun 25, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jun 26, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Jul 24, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Sep 22, 2024 |
Akme Fintrade IPO P/E ratio is , as compared to DEE Development Engineers IPO P/E ratio of 83.
| Akme Fintrade IPO | DEE Development Engineers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.01 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1401.69 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.64% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 3.91% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.49 | 0.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.87 | ₹2.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.81% | 3.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Akme Fintrade IPO Retail Individual Investors (RII) are offered 36,57,500 shares while in DEE Development Engineers IPO retail investors are offered 36,57,500 shares. Qualified Institutional Buyers (QIB) are offered 20,90,000 shares in Akme Fintrade IPO and 41,08,518 shares in DEE Development Engineers IPO.
| Akme Fintrade IPO | DEE Development Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,35,000 shares | 61,62,777 shares |
| Market Maker Reservation | ||
| QIB | 20,90,000 shares | 41,08,518 shares |
| NII | 15,67,500 shares | 30,81,389 shares |
| RII | 36,57,500 shares | 71,89,907 shares |
| Employee | 5,50,000 shares | 54,347 shares |
| Others | ||
| Total | 1,10,00,000 shares | 2,05,96,938 shares |
Akme Fintrade IPO subscribed 54.49x in total, whereas DEE Development Engineers IPO subscribed 103.03x.
| Akme Fintrade IPO | DEE Development Engineers IPO | |
|---|---|---|
| QIB (times) | 28.12x | 206.54x |
| NII (times) | 129.98x | 149.38x |
| Big NII (times) | 121.56x | 165.71x |
| Small NII (times) | 146.83x | 116.73x |
| RII (times) | 44.58x | 23.66x |
| Employee (times) | 5.42x | |
| Other (times) | ||
| Total (times) | 54.49x | 103.03x |
