Deepak Builders IPO vs Garuda Construction IPO

Comparison between Deepak Builders IPO and Garuda Construction IPO.

IPO Details

Deepak Builders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Garuda Construction IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Deepak Builders IPO is up to ₹260.04 Cr whereas the issue size of the Garuda Construction IPO is up to ₹264.10 Cr. The final issue price of Deepak Builders IPO is ₹203.00 per share and of Garuda Construction IPO is ₹95.00 per share.

 Deepak Builders IPOGaruda Construction IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹192.00 per share₹90.00 per share
Issue Price (Upper)₹203.00 per share₹95.00 per share
Issue Price (Final)₹203.00 per share₹95.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size73 shares157 shares
Fresh Issue Size1,07,00,000 shares1,83,00,000 shares
Fresh Issue Size (Amount)up to ₹217.21 Crup to ₹173.85 Cr
OFS Issue Size21,10,000 shares95,00,000 shares
OFS Issue Size (Amount)up to ₹42.83 Crup to ₹90.25 Cr
Issue Size Total1,28,10,000 shares2,78,00,000 shares
Issue Size Total (Amount)up to ₹260.04 Crup to ₹264.10 Cr

IPO Timetable

Deepak Builders IPO opens on Oct 21, 2024, while Garuda Construction IPO opens on Oct 08, 2024. The closing date of Deepak Builders IPO and Garuda Construction IPO is Oct 23, 2024, and Oct 10, 2024, respectively.

 Deepak Builders IPOGaruda Construction IPO
Anchor Bid DateOct 18, 2024Oct 07, 2024
Issue OpenOct 21, 2024Oct 08, 2024
Issue CloseOct 23, 2024Oct 10, 2024
Basis Of Allotment (Tentative)Oct 24, 2024Oct 11, 2024
Initiation of Refunds (Tentative)Oct 25, 2024Oct 14, 2024
Credit of Share (Tentative)Oct 25, 2024Oct 14, 2024
Listing date (Tentative)Oct 28, 2024Oct 15, 2024
Anchor Lockin End date 1Nov 22, 2024Nov 10, 2024
Anchor Lockin End date 2Jan 21, 2025Jan 09, 2025

Financials & KPIs

Deepak Builders IPO P/E ratio is 12.06, as compared to Garuda Construction IPO P/E ratio of 19.49.

 Deepak Builders IPOGaruda Construction IPO
Financials

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

Company Financials (Restated)

Period Ended30 Apr 202431 Mar 202431 Mar 202331 Mar 2022
Assets234.84228.49176.35111.03
Total Income11.88154.47161.0277.03
Profit After Tax3.5036.4440.8018.78
NET Worth122.51119.0182.6141.79
Reserves and Surplus85.1681.6570.1329.34
Total Borrowing0.150.150.1911.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10096.82
Promoter Shareholding (Post-Issue)72.567.56
P/E Ratio12.0619.49
Market Cap₹945.59 Cr.₹883.90 Cr.
ROE8.48%36.14%
ROCE8.97%46.69%
Debt/Equity0.91
EPS₹16.84₹4.87
RoNW9.57%30.62%

Shares Offered

In the Deepak Builders IPO Retail Individual Investors (RII) are offered 44,83,500 shares while in Garuda Construction IPO retail investors are offered 44,83,500 shares. Qualified Institutional Buyers (QIB) are offered 25,62,061 shares in Deepak Builders IPO and 55,60,000 shares in Garuda Construction IPO.

 Deepak Builders IPOGaruda Construction IPO
Anchor Investor Reservation38,42,939 shares83,40,000 shares
Market Maker Reservation
QIB25,62,061 shares55,60,000 shares
NII19,21,500 shares41,70,000 shares
RII44,83,500 shares97,30,000 shares
Employee
Others
Total1,28,10,000 shares2,78,00,000 shares

Bids Received (Subscription)

Deepak Builders IPO subscribed 41.54x in total, whereas Garuda Construction IPO subscribed 7.55x.

 Deepak Builders IPOGaruda Construction IPO
QIB (times)13.91x1.24x
NII (times)82.47x9.03x
Big NII (times)77.86x7.93x
Small NII (times)91.69x11.23x
RII (times)39.79x10.81x
Employee (times)
Other (times)
Total (times)41.54x7.55x

Compare with others

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Deepak Builders IPO Vs Garuda Construction IPO