Comparison between Godavari Biorefineries IPO and Waaree Energies IPO.
Godavari Biorefineries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Waaree Energies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Godavari Biorefineries IPO is up to ₹554.75 Cr whereas the issue size of the Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Godavari Biorefineries IPO is ₹352.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.
| Godavari Biorefineries IPO | Waaree Energies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹334.00 per share | ₹1,427.00 per share |
| Issue Price (Upper) | ₹352.00 per share | ₹1,503.00 per share |
| Issue Price (Final) | ₹352.00 per share | ₹1,503.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 42 shares | 9 shares |
| Fresh Issue Size | 92,32,954 shares | 2,39,52,095 shares |
| Fresh Issue Size (Amount) | up to ₹325.00 Cr | up to ₹3,600.00 Cr |
| OFS Issue Size | 65,26,983 shares | 48,00,000 shares |
| OFS Issue Size (Amount) | up to ₹229.75 Cr | up to ₹721.44 Cr |
| Issue Size Total | 1,57,59,937 shares | 2,87,52,095 shares |
| Issue Size Total (Amount) | up to ₹554.75 Cr | up to ₹4,321.44 Cr |
Godavari Biorefineries IPO opens on Oct 23, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Godavari Biorefineries IPO and Waaree Energies IPO is Oct 25, 2024, and Oct 23, 2024, respectively.
| Godavari Biorefineries IPO | Waaree Energies IPO | |
|---|---|---|
| Anchor Bid Date | Oct 22, 2024 | Oct 18, 2024 |
| Issue Open | Oct 23, 2024 | Oct 21, 2024 |
| Issue Close | Oct 25, 2024 | Oct 23, 2024 |
| Basis Of Allotment (Tentative) | Oct 28, 2024 | Oct 24, 2024 |
| Initiation of Refunds (Tentative) | Oct 29, 2024 | Oct 25, 2024 |
| Credit of Share (Tentative) | Oct 29, 2024 | Oct 25, 2024 |
| Listing date (Tentative) | Oct 30, 2024 | Oct 28, 2024 |
| Anchor Lockin End date 1 | Nov 26, 2024 | Nov 22, 2024 |
| Anchor Lockin End date 2 | Jan 25, 2025 | Jan 21, 2025 |
Godavari Biorefineries IPO P/E ratio is 120.04, as compared to Waaree Energies IPO P/E ratio of 30.87.
| Godavari Biorefineries IPO | Waaree Energies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 81.06 | 71.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.31 | 64.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 120.04 | 30.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1801.39 Cr. | ₹42939.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -11.16% | 8.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | -2.35% | 9.45% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.01 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.93 | ₹48.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -11.16% | 8.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Godavari Biorefineries IPO Retail Individual Investors (RII) are offered 55,15,978 shares while in Waaree Energies IPO retail investors are offered 55,15,978 shares. Qualified Institutional Buyers (QIB) are offered 31,51,988 shares in Godavari Biorefineries IPO and 56,63,925 shares in Waaree Energies IPO.
| Godavari Biorefineries IPO | Waaree Energies IPO | |
|---|---|---|
| Anchor Investor Reservation | 47,27,980 shares | 84,95,887 shares |
| Market Maker Reservation | ||
| QIB | 31,51,988 shares | 56,63,925 shares |
| NII | 23,63,991 shares | 42,47,945 shares |
| RII | 55,15,978 shares | 99,11,870 shares |
| Employee | 4,32,468 shares | |
| Others | ||
| Total | 1,57,59,937 shares | 2,87,52,095 shares |
Godavari Biorefineries IPO subscribed 1.87x in total, whereas Waaree Energies IPO subscribed 79.44x.
| Godavari Biorefineries IPO | Waaree Energies IPO | |
|---|---|---|
| QIB (times) | 2.76x | 215.03x |
| NII (times) | 0.93x | 65.25x |
| Big NII (times) | 0.56x | 71.32x |
| Small NII (times) | 1.68x | 53.10x |
| RII (times) | 1.76x | 11.27x |
| Employee (times) | 5.45x | |
| Other (times) | ||
| Total (times) | 1.87x | 79.44x |
