Afcons Infrastructure IPO vs Godavari Biorefineries IPO

Comparison between Afcons Infrastructure IPO and Godavari Biorefineries IPO.

IPO Details

Afcons Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Godavari Biorefineries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Afcons Infrastructure IPO is up to ₹5,430.00 Cr whereas the issue size of the Godavari Biorefineries IPO is up to ₹554.75 Cr. The final issue price of Afcons Infrastructure IPO is ₹463.00 per share and of Godavari Biorefineries IPO is ₹352.00 per share.

 Afcons Infrastructure IPOGodavari Biorefineries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹440.00 per share₹334.00 per share
Issue Price (Upper)₹463.00 per share₹352.00 per share
Issue Price (Final)₹463.00 per share₹352.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹44.00 per share
Market Lot Size32 shares42 shares
Fresh Issue Size2,70,46,362 shares92,32,954 shares
Fresh Issue Size (Amount)up to ₹1,251.73 Crup to ₹325.00 Cr
OFS Issue Size9,02,80,777 shares65,26,983 shares
OFS Issue Size (Amount)up to ₹4,178.27 Crup to ₹229.75 Cr
Issue Size Total11,73,27,139 shares1,57,59,937 shares
Issue Size Total (Amount)up to ₹5,430.00 Crup to ₹554.75 Cr

IPO Timetable

Afcons Infrastructure IPO opens on Oct 25, 2024, while Godavari Biorefineries IPO opens on Oct 23, 2024. The closing date of Afcons Infrastructure IPO and Godavari Biorefineries IPO is Oct 29, 2024, and Oct 25, 2024, respectively.

 Afcons Infrastructure IPOGodavari Biorefineries IPO
Anchor Bid DateOct 24, 2024Oct 22, 2024
Issue OpenOct 25, 2024Oct 23, 2024
Issue CloseOct 29, 2024Oct 25, 2024
Basis Of Allotment (Tentative)Oct 30, 2024Oct 28, 2024
Initiation of Refunds (Tentative)Oct 31, 2024Oct 29, 2024
Credit of Share (Tentative)Oct 31, 2024Oct 29, 2024
Listing date (Tentative)Nov 04, 2024Oct 30, 2024
Anchor Lockin End date 1Nov 29, 2024Nov 26, 2024
Anchor Lockin End date 2Jan 28, 2025Jan 25, 2025

Financials & KPIs

Afcons Infrastructure IPO P/E ratio is 35.08, as compared to Godavari Biorefineries IPO P/E ratio of 120.04.

 Afcons Infrastructure IPOGodavari Biorefineries IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets17,184.5816,233.6414,301.2512,973.77
Total Income3,213.4713,646.8812,844.0911,269.55
Profit After Tax91.59449.76410.86357.61
NET Worth3,662.253,575.053,155.062,691.03
Reserves and Surplus3,342.523,255.222,653.752,190.11
Total Borrowing3,365.102,455.001,562.821,555.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,554.621,991.661,743.521,733.54
Total Income525.271,701.062,023.081,709.98
Profit After Tax-26.1112.3019.6419.10
NET Worth233.84260.25249.01232.57
Reserves and Surplus432.34458.74447.51431.06
Total Borrowing703.75663.27738.01636.72
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80.6481.06
Promoter Shareholding (Post-Issue)50.1763.31
P/E Ratio35.08120.04
Market Cap₹17026.18 Cr.₹1801.39 Cr.
ROE10.55%-11.16%
ROCE14.89%-2.35%
Debt/Equity0.913.01
EPS₹13.20₹2.93
RoNW2.50%-11.16%

Shares Offered

In the Afcons Infrastructure IPO Retail Individual Investors (RII) are offered 4,08,58,532 shares while in Godavari Biorefineries IPO retail investors are offered 4,08,58,532 shares. Qualified Institutional Buyers (QIB) are offered 2,33,47,732 shares in Afcons Infrastructure IPO and 31,51,988 shares in Godavari Biorefineries IPO.

 Afcons Infrastructure IPOGodavari Biorefineries IPO
Anchor Investor Reservation3,50,21,597 shares47,27,980 shares
Market Maker Reservation
QIB2,33,47,732 shares31,51,988 shares
NII1,75,10,800 shares23,63,991 shares
RII4,08,58,532 shares55,15,978 shares
Employee5,96,658 shares
Others
Total11,73,35,319 shares1,57,59,937 shares

Bids Received (Subscription)

Afcons Infrastructure IPO subscribed 2.77x in total, whereas Godavari Biorefineries IPO subscribed 1.87x.

 Afcons Infrastructure IPOGodavari Biorefineries IPO
QIB (times)3.99x2.76x
NII (times)531.00x0.93x
Big NII (times)6.63x0.56x
Small NII (times)267.00x1.68x
RII (times)99.00x1.76x
Employee (times)177.00x
Other (times)
Total (times)2.77x1.87x

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Afcons Infrastructure IPO Vs Godavari Biorefineries IPO