Comparison between Garuda Construction IPO and Swiggy IPO.
Garuda Construction IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Swiggy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Garuda Construction IPO is up to ₹264.10 Cr whereas the issue size of the Swiggy IPO is up to ₹11,327.43 Cr. The final issue price of Garuda Construction IPO is ₹95.00 per share and of Swiggy IPO is ₹390.00 per share.
| Garuda Construction IPO | Swiggy IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹1 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹371.00 per share |
| Issue Price (Upper) | ₹95.00 per share | ₹390.00 per share |
| Issue Price (Final) | ₹95.00 per share | ₹390.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹25.00 per share | |
| Market Lot Size | 157 shares | 38 shares |
| Fresh Issue Size | 1,83,00,000 shares | 11,53,80,563 shares |
| Fresh Issue Size (Amount) | up to ₹173.85 Cr | up to ₹4,499.51 Cr |
| OFS Issue Size | 95,00,000 shares | 17,50,87,863 shares |
| OFS Issue Size (Amount) | up to ₹90.25 Cr | up to ₹6,827.92 Cr |
| Issue Size Total | 2,78,00,000 shares | 29,04,68,426 shares |
| Issue Size Total (Amount) | up to ₹264.10 Cr | up to ₹11,327.43 Cr |
Garuda Construction IPO opens on Oct 08, 2024, while Swiggy IPO opens on Nov 06, 2024. The closing date of Garuda Construction IPO and Swiggy IPO is Oct 10, 2024, and Nov 08, 2024, respectively.
| Garuda Construction IPO | Swiggy IPO | |
|---|---|---|
| Anchor Bid Date | Oct 07, 2024 | Nov 05, 2024 |
| Issue Open | Oct 08, 2024 | Nov 06, 2024 |
| Issue Close | Oct 10, 2024 | Nov 08, 2024 |
| Basis Of Allotment (Tentative) | Oct 11, 2024 | Nov 11, 2024 |
| Initiation of Refunds (Tentative) | Oct 14, 2024 | Nov 12, 2024 |
| Credit of Share (Tentative) | Oct 14, 2024 | Nov 12, 2024 |
| Listing date (Tentative) | Oct 15, 2024 | Nov 13, 2024 |
| Anchor Lockin End date 1 | Nov 10, 2024 | Dec 10, 2024 |
| Anchor Lockin End date 2 | Jan 09, 2025 | Feb 08, 2025 |
Garuda Construction IPO P/E ratio is 19.49, as compared to Swiggy IPO P/E ratio of -35.23.
| Garuda Construction IPO | Swiggy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.82 | 63.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.56 | 52.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.49 | -35.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹883.90 Cr. | ₹87298.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.14% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46.69% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.87 | ₹-11.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.62% | -8.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Garuda Construction IPO Retail Individual Investors (RII) are offered 97,30,000 shares while in Swiggy IPO retail investors are offered 97,30,000 shares. Qualified Institutional Buyers (QIB) are offered 55,60,000 shares in Garuda Construction IPO and 8,69,23,475 shares in Swiggy IPO.
| Garuda Construction IPO | Swiggy IPO | |
|---|---|---|
| Anchor Investor Reservation | 83,40,000 shares | 13,03,85,211 shares |
| Market Maker Reservation | ||
| QIB | 55,60,000 shares | 8,69,23,475 shares |
| NII | 41,70,000 shares | 4,34,61,737 shares |
| RII | 97,30,000 shares | 2,89,74,491 shares |
| Employee | 7,50,000 shares | |
| Others | ||
| Total | 2,78,00,000 shares | 29,04,94,914 shares |
Garuda Construction IPO subscribed 7.55x in total, whereas Swiggy IPO subscribed 3.59x.
| Garuda Construction IPO | Swiggy IPO | |
|---|---|---|
| QIB (times) | 1.24x | 6.02x |
| NII (times) | 9.03x | 0.41x |
| Big NII (times) | 7.93x | 0.37x |
| Small NII (times) | 11.23x | 0.50x |
| RII (times) | 10.81x | 1.14x |
| Employee (times) | 1.65x | |
| Other (times) | ||
| Total (times) | 7.55x | 3.59x |
