ACME Solar Holdings IPO vs Deepak Builders IPO

Comparison between ACME Solar Holdings IPO and Deepak Builders IPO.

IPO Details

ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Deepak Builders IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ACME Solar Holdings IPO is up to ₹2,900.00 Cr whereas the issue size of the Deepak Builders IPO is up to ₹260.04 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Deepak Builders IPO is ₹203.00 per share.

 ACME Solar Holdings IPODeepak Builders IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹275.00 per share₹192.00 per share
Issue Price (Upper)₹289.00 per share₹203.00 per share
Issue Price (Final)₹289.00 per share₹203.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹27.00 per share
Market Lot Size51 shares73 shares
Fresh Issue Size8,28,79,871 shares1,07,00,000 shares
Fresh Issue Size (Amount)up to ₹2,395.04 Crup to ₹217.21 Cr
OFS Issue Size1,74,74,048 shares21,10,000 shares
OFS Issue Size (Amount)up to ₹504.96 Crup to ₹42.83 Cr
Issue Size Total10,03,53,919 shares1,28,10,000 shares
Issue Size Total (Amount)up to ₹2,900.00 Crup to ₹260.04 Cr

IPO Timetable

ACME Solar Holdings IPO opens on Nov 06, 2024, while Deepak Builders IPO opens on Oct 21, 2024. The closing date of ACME Solar Holdings IPO and Deepak Builders IPO is Nov 08, 2024, and Oct 23, 2024, respectively.

 ACME Solar Holdings IPODeepak Builders IPO
Anchor Bid DateNov 05, 2024Oct 18, 2024
Issue OpenNov 06, 2024Oct 21, 2024
Issue CloseNov 08, 2024Oct 23, 2024
Basis Of Allotment (Tentative)Nov 11, 2024Oct 24, 2024
Initiation of Refunds (Tentative)Nov 12, 2024Oct 25, 2024
Credit of Share (Tentative)Nov 12, 2024Oct 25, 2024
Listing date (Tentative)Nov 13, 2024Oct 28, 2024
Anchor Lockin End date 1Dec 11, 2024Nov 22, 2024
Anchor Lockin End date 2Feb 09, 2025Jan 21, 2025

Financials & KPIs

ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Deepak Builders IPO P/E ratio of 12.06.

 ACME Solar Holdings IPODeepak Builders IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets13,985.1413,394.1312,186.9510,887.62
Total Income340.011,466.271,361.371,562.73
Profit After Tax1.39697.78-3.1762.01
NET Worth1,942.122,590.871,900.561,908.76
Reserves and Surplus1,837.681,836.431,146.121,154.32
Total Borrowing9,319.918,217.598,657.357,563.60
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets641.10558.75449.30322.18
Total Income106.34516.74435.46364.99
Profit After Tax14.2160.4121.4017.66
NET Worth155.81141.2589.3570.34
Reserves and Surplus138.23124.2264.6648.84
Total Borrowing153.17153.0496.5779.65
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)83.4172.5
P/E Ratio21.6312.06
Market Cap₹17486.81 Cr.₹945.59 Cr.
ROE2.938.48%
ROCE8.97%
Debt/Equity3.890.91
EPS₹13.36₹16.84
RoNW0.079.57%

Shares Offered

In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in Deepak Builders 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 25,62,061 shares in Deepak Builders IPO.

 ACME Solar Holdings IPODeepak Builders IPO
Anchor Investor Reservation4,50,00,000 shares38,42,939 shares
Market Maker Reservation
QIB3,00,00,001 shares25,62,061 shares
NII1,49,99,999 shares19,21,500 shares
RII99,99,999 shares44,83,500 shares
Employee3,81,679 shares
Others
Total10,03,81,678 shares1,28,10,000 shares

Bids Received (Subscription)

ACME Solar Holdings IPO subscribed 2.89x in total, whereas Deepak Builders IPO subscribed 41.54x.

 ACME Solar Holdings IPODeepak Builders IPO
QIB (times)3.72x13.91x
NII (times)1.02x82.47x
Big NII (times)0.91x77.86x
Small NII (times)1.24x91.69x
RII (times)3.25x39.79x
Employee (times)1.85x
Other (times)
Total (times)2.89x41.54x

Compare with others

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ACME Solar Holdings IPO Vs Deepak Builders IPO