Comparison between Ajax Engineering IPO and Dr.Agarwal's Health Care IPO.
Ajax Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Dr.Agarwal's Health Care IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ajax Engineering IPO is up to ₹1,268.93 Cr whereas the issue size of the Dr.Agarwal's Health Care IPO is up to ₹3,027.26 Cr. The final issue price of Ajax Engineering IPO is ₹629.00 per share and of Dr.Agarwal's Health Care IPO is ₹402.00 per share.
| Ajax Engineering IPO | Dr.Agarwal's Health Care IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹1 per share |
| Issue Price (Lower) | ₹599.00 per share | ₹382.00 per share |
| Issue Price (Upper) | ₹629.00 per share | ₹402.00 per share |
| Issue Price (Final) | ₹629.00 per share | ₹402.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹59.00 per share | ₹0.00 per share |
| Market Lot Size | 23 shares | 35 shares |
| Fresh Issue Size | 0 shares | 74,62,686 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹300.00 Cr |
| OFS Issue Size | 2,01,80,446 shares | 6,78,42,284 shares |
| OFS Issue Size (Amount) | up to ₹1,268.93 Cr | up to ₹2,727.26 Cr |
| Issue Size Total | 2,01,80,446 shares | 7,53,04,970 shares |
| Issue Size Total (Amount) | up to ₹1,268.93 Cr | up to ₹3,027.26 Cr |
Ajax Engineering IPO opens on Feb 10, 2025, while Dr.Agarwal's Health Care IPO opens on Jan 29, 2025. The closing date of Ajax Engineering IPO and Dr.Agarwal's Health Care IPO is Feb 12, 2025, and Jan 31, 2025, respectively.
| Ajax Engineering IPO | Dr.Agarwal's Health Care IPO | |
|---|---|---|
| Anchor Bid Date | Feb 07, 2025 | Jan 28, 2025 |
| Issue Open | Feb 10, 2025 | Jan 29, 2025 |
| Issue Close | Feb 12, 2025 | Jan 31, 2025 |
| Basis Of Allotment (Tentative) | Feb 13, 2025 | Feb 03, 2025 |
| Initiation of Refunds (Tentative) | Feb 14, 2025 | Feb 04, 2025 |
| Credit of Share (Tentative) | Feb 14, 2025 | Feb 04, 2025 |
| Listing date (Tentative) | Feb 17, 2025 | Feb 04, 2025 |
| Anchor Lockin End date 1 | Mar 14, 2025 | Mar 02, 2025 |
| Anchor Lockin End date 2 | May 13, 2025 | May 01, 2025 |
Ajax Engineering IPO P/E ratio is 31.96, as compared to Dr.Agarwal's Health Care IPO P/E ratio of 130.44.
| Ajax Engineering IPO | Dr.Agarwal's Health Care IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.5 | 37.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 80 | 32.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.96 | 130.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7196.19 Cr. | ₹12698.37 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.53% | 9.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.82% | 14.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹19.68 | ₹3.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.39% | 6.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ajax Engineering IPO Retail Individual Investors (RII) are offered 70,35,525 shares while in Dr.Agarwal's Health Care IPO retail investors are offered 70,35,525 shares. Qualified Institutional Buyers (QIB) are offered 40,20,300 shares in Ajax Engineering IPO and 1,45,19,200 shares in Dr.Agarwal's Health Care IPO.
| Ajax Engineering IPO | Dr.Agarwal's Health Care IPO | |
|---|---|---|
| Anchor Investor Reservation | 60,30,449 shares | 2,17,78,798 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 40,20,300 shares | 1,45,19,200 shares |
| NII | 30,15,225 shares | 1,08,89,400 shares |
| RII | 70,35,525 shares | 2,54,08,599 shares |
| Employee | 78,947 shares | 15,79,399 shares |
| Others | ||
| Total | 2,01,80,446 shares | 7,53,04,970 shares |
Ajax Engineering IPO subscribed 6.06x in total, whereas Dr.Agarwal's Health Care IPO subscribed 1.49x.
| Ajax Engineering IPO | Dr.Agarwal's Health Care IPO | |
|---|---|---|
| QIB (times) | 13.04x | 4.41x |
| NII (times) | 6.46x | 0.39x |
| Big NII (times) | 7.67x | 0.29x |
| Small NII (times) | 3.58x | 0.54x |
| RII (times) | 1.94x | 0.42x |
| Employee (times) | 2.62x | 0.26x |
| Other (times) | 0.51x | |
| Total (times) | 6.06x | 1.49x |
