Droneacharya Aerial IPO vs Homesfy Realty IPO

Comparison between Droneacharya Aerial IPO and Homesfy Realty IPO.

IPO Details

Droneacharya Aerial IPO is a SME Fixed Price IPO proposed to list at BSE SME while Homesfy Realty IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Droneacharya Aerial IPO is up to ₹32.26 Cr whereas the issue size of the Homesfy Realty IPO is up to ₹15.06 Cr. The final issue price of Droneacharya Aerial IPO is ₹54.00 per share and of Homesfy Realty IPO is ₹197.00 per share.

 Droneacharya Aerial IPOHomesfy Realty IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹52.00 per share
Issue Price (Upper)₹54.00 per share
Issue Price (Final)₹54.00 per share₹197.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares600 shares
Fresh Issue Size59,74,000 shares7,64,400 shares
Fresh Issue Size (Amount)up to ₹32.26 Crup to ₹15.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total59,74,000 shares7,64,400 shares
Issue Size Total (Amount)up to ₹32.26 Crup to ₹15.06 Cr

IPO Timetable

Droneacharya Aerial IPO opens on Dec 13, 2022, while Homesfy Realty IPO opens on Dec 21, 2022. The closing date of Droneacharya Aerial IPO and Homesfy Realty IPO is Dec 15, 2022, and Dec 23, 2022, respectively.

 Droneacharya Aerial IPOHomesfy Realty IPO
Anchor Bid DateDec 12, 2022
Issue OpenDec 13, 2022Dec 21, 2022
Issue CloseDec 15, 2022Dec 23, 2022
Basis Of Allotment (Tentative)Dec 20, 2022Dec 28, 2022
Initiation of Refunds (Tentative)Dec 21, 2022Dec 29, 2022
Credit of Share (Tentative)Dec 22, 2022Dec 30, 2022
Listing date (Tentative)Dec 23, 2022Jan 02, 2023
Anchor Lockin End date 1Jan 19, 2023
Anchor Lockin End date 2Mar 20, 2023

Financials & KPIs

Droneacharya Aerial IPO P/E ratio is 45, as compared to Homesfy Realty IPO P/E ratio of 10.87.

 Droneacharya Aerial IPOHomesfy Realty IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets34.0315.471.190.03
Total Income3.093.590.010.00
Profit After Tax0.720.41-0.15-0.02
NET Worth33.5814.481.040.01
Reserves and Surplus0.000.000.000.00
Total Borrowing0.010.460.010.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets19.4917.1912.247.94
Total Income12.3930.4014.7611.93
Profit After Tax1.393.181.990.91
NET Worth10.849.456.274.28
Reserves and Surplus0.000.000.000.00
Total Borrowing0.210.220.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)38.2371.69
Promoter Shareholding (Post-Issue)28.2152.80
P/E Ratio4510.87
Market Cap₹129.54 Cr.₹60.19 Cr.
ROE33.37
ROCE46.18
Debt/Equity
EPS₹0.35₹636.82
RoNW2.833.37

Shares Offered

In the Droneacharya Aerial IPO Retail Individual Investors (RII) are offered 20,92,000 shares while in Homesfy Realty IPO retail investors are offered 20,92,000 shares. Qualified Institutional Buyers (QIB) are offered 11,94,000 shares in Droneacharya Aerial IPO and in Homesfy Realty IPO.

 Droneacharya Aerial IPOHomesfy Realty IPO
Anchor Investor Reservation17,90,000 shares
Market Maker Reservation3,16,000 shares40,800 shares
QIB11,94,000 shares
NII8,98,000 shares3,82,200 shares
RII20,92,000 shares3,82,200 shares
Employee
Others
Total59,74,000 shares7,64,400 shares

Bids Received (Subscription)

Droneacharya Aerial IPO subscribed 243.70x in total, whereas Homesfy Realty IPO subscribed 21.69x.

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Droneacharya Aerial IPO Vs Homesfy Realty IPO