Comparison between Diffusion Engineers IPO and Garuda Construction IPO.
Diffusion Engineers 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.
The total issue size of Diffusion Engineers IPO is up to ₹157.96 Cr whereas the issue size of the Garuda Construction IPO is up to ₹264.10 Cr. The final issue price of Diffusion Engineers IPO is ₹168.00 per share and of Garuda Construction IPO is ₹95.00 per share.
| Diffusion Engineers IPO | Garuda Construction IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹159.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹168.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹168.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹8.00 per share | |
| Market Lot Size | 88 shares | 157 shares |
| Fresh Issue Size | 94,05,000 shares | 1,83,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹157.96 Cr | up to ₹173.85 Cr |
| OFS Issue Size | 0 shares | 95,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹90.25 Cr |
| Issue Size Total | 94,05,000 shares | 2,78,00,000 shares |
| Issue Size Total (Amount) | up to ₹157.96 Cr | up to ₹264.10 Cr |
Diffusion Engineers IPO opens on Sep 26, 2024, while Garuda Construction IPO opens on Oct 08, 2024. The closing date of Diffusion Engineers IPO and Garuda Construction IPO is Sep 30, 2024, and Oct 10, 2024, respectively.
| Diffusion Engineers IPO | Garuda Construction IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Oct 07, 2024 |
| Issue Open | Sep 26, 2024 | Oct 08, 2024 |
| Issue Close | Sep 30, 2024 | Oct 10, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Oct 11, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Oct 14, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Oct 14, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Oct 15, 2024 |
| Anchor Lockin End date 1 | Oct 31, 2024 | Nov 10, 2024 |
| Anchor Lockin End date 2 | Dec 30, 2024 | Jan 09, 2025 |
Diffusion Engineers IPO P/E ratio is 15.28, as compared to Garuda Construction IPO P/E ratio of 19.49.
| Diffusion Engineers IPO | Garuda Construction IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.1 | 96.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.7 | 67.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.28 | 19.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹628.76 Cr. | ₹883.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.52% | 36.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.63% | 46.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.99 | ₹4.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.52% | 30.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Diffusion Engineers IPO Retail Individual Investors (RII) are offered 32,74,250 shares while in Garuda Construction IPO retail investors are offered 32,74,250 shares. Qualified Institutional Buyers (QIB) are offered 18,71,000 shares in Diffusion Engineers IPO and 55,60,000 shares in Garuda Construction IPO.
| Diffusion Engineers IPO | Garuda Construction IPO | |
|---|---|---|
| Anchor Investor Reservation | 28,06,500 shares | 83,40,000 shares |
| Market Maker Reservation | ||
| QIB | 18,71,000 shares | 55,60,000 shares |
| NII | 14,03,250 shares | 41,70,000 shares |
| RII | 32,74,250 shares | 97,30,000 shares |
| Employee | 50,000 shares | |
| Others | ||
| Total | 94,05,000 shares | 2,78,00,000 shares |
Diffusion Engineers IPO subscribed 114.50x in total, whereas Garuda Construction IPO subscribed 7.55x.
| Diffusion Engineers IPO | Garuda Construction IPO | |
|---|---|---|
| QIB (times) | 95.74x | 1.24x |
| NII (times) | 207.60x | 9.03x |
| Big NII (times) | 203.34x | 7.93x |
| Small NII (times) | 216.13x | 11.23x |
| RII (times) | 85.61x | 10.81x |
| Employee (times) | 95.05x | |
| Other (times) | ||
| Total (times) | 114.50x | 7.55x |