Comparison between Diffusion Engineers IPO and Western Carriers IPO.
Diffusion Engineers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Western Carriers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Diffusion Engineers IPO is up to ₹157.96 Cr whereas the issue size of the Western Carriers IPO is up to ₹492.88 Cr. The final issue price of Diffusion Engineers IPO is ₹168.00 per share and of Western Carriers IPO is ₹172.00 per share.
| Diffusion Engineers IPO | Western Carriers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹159.00 per share | ₹163.00 per share |
| Issue Price (Upper) | ₹168.00 per share | ₹172.00 per share |
| Issue Price (Final) | ₹168.00 per share | ₹172.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹8.00 per share | |
| Market Lot Size | 88 shares | 87 shares |
| Fresh Issue Size | 94,05,000 shares | 2,32,55,813 shares |
| Fresh Issue Size (Amount) | up to ₹157.96 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 0 shares | 54,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹92.88 Cr |
| Issue Size Total | 94,05,000 shares | 2,86,55,813 shares |
| Issue Size Total (Amount) | up to ₹157.96 Cr | up to ₹492.88 Cr |
Diffusion Engineers IPO opens on Sep 26, 2024, while Western Carriers IPO opens on Sep 13, 2024. The closing date of Diffusion Engineers IPO and Western Carriers IPO is Sep 30, 2024, and Sep 19, 2024, respectively.
| Diffusion Engineers IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Sep 12, 2024 |
| Issue Open | Sep 26, 2024 | Sep 13, 2024 |
| Issue Close | Sep 30, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 31, 2024 | Oct 19, 2024 |
| Anchor Lockin End date 2 | Dec 30, 2024 | Dec 18, 2024 |
Diffusion Engineers IPO P/E ratio is 15.28, as compared to Western Carriers IPO P/E ratio of 16.85.
| Diffusion Engineers IPO | Western Carriers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.1 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.7 | 71.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.28 | 16.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹628.76 Cr. | ₹1753.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.52% | 22.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.63% | 29.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.18 | 0.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.99 | ₹10.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.52% | 20.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Diffusion Engineers IPO Retail Individual Investors (RII) are offered 32,74,250 shares while in Western Carriers IPO retail investors are offered 32,74,250 shares. Qualified Institutional Buyers (QIB) are offered 18,71,000 shares in Diffusion Engineers IPO and 57,31,163 shares in Western Carriers IPO.
| Diffusion Engineers IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Investor Reservation | 28,06,500 shares | 85,96,743 shares |
| Market Maker Reservation | ||
| QIB | 18,71,000 shares | 57,31,163 shares |
| NII | 14,03,250 shares | 42,98,372 shares |
| RII | 32,74,250 shares | 1,00,29,535 shares |
| Employee | 50,000 shares | |
| Others | ||
| Total | 94,05,000 shares | 2,86,55,813 shares |
Diffusion Engineers IPO subscribed 114.50x in total, whereas Western Carriers IPO subscribed 31.69x.
| Diffusion Engineers IPO | Western Carriers IPO | |
|---|---|---|
| QIB (times) | 95.74x | 28.81x |
| NII (times) | 207.60x | 46.68x |
| Big NII (times) | 203.34x | 41.65x |
| Small NII (times) | 216.13x | 56.73x |
| RII (times) | 85.61x | 26.92x |
| Employee (times) | 95.05x | |
| Other (times) | ||
| Total (times) | 114.50x | 31.69x |
