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.

	Droneacharya Aerial IPO	Homesfy Realty IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt.Ltd.	Sarthi Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	R.K.Stock Holding Pvt.Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 IPO	Homesfy 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 Size	2000 shares	600 shares
Fresh Issue Size	59,74,000 shares	7,64,400 shares
Fresh Issue Size (Amount)	up to ₹32.26 Cr	up to ₹15.06 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	59,74,000 shares	7,64,400 shares
Issue Size Total (Amount)	up to ₹32.26 Cr	up 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 IPO	Homesfy Realty IPO
Anchor Bid Date	Dec 12, 2022
Issue Open	Dec 13, 2022	Dec 21, 2022
Issue Close	Dec 15, 2022	Dec 23, 2022
Basis Of Allotment (Tentative)	Dec 20, 2022	Dec 28, 2022
Initiation of Refunds (Tentative)	Dec 21, 2022	Dec 29, 2022
Credit of Share (Tentative)	Dec 22, 2022	Dec 30, 2022
Listing date (Tentative)	Dec 23, 2022	Jan 02, 2023
Anchor Lockin End date 1	Jan 19, 2023
Anchor Lockin End date 2	Mar 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 IPO

Homesfy Realty IPO

Financials

Droneacharya Aerial Innovations Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2.51	0	-2.3	0.91	0.82
31-Mar-21	119.13	1	-14.89	104.08	1.27
31-Mar-22	1546.52	358.74	40.65	1447.77	46.25
30-Jun-22	3402.62	308.96	72.06	3357.77	1.02
Amount in ₹ Lakhs

Homesfy Realty Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	793.63	1193.1	91.35	427.89	0
31-Mar-21	1224.23	1475.92	199.14	627.04	0
31-Mar-22	1718.99	3039.93	318.41	945.45	22.32
30-Jun-22	1948.61	1239.34	138.51	1083.96	21.36
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

38.23

71.69

Promoter Shareholding (Post-Issue)

28.21

52.80

P/E Ratio

10.87

Market Cap

₹129.54 Cr.

₹60.19 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

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 IPO	Homesfy Realty IPO
Anchor Investor Reserveration	17,90,000 shares
Market Maker Reserveration	3,16,000 shares	40,800 shares
QIB	11,94,000 shares
NII	8,98,000 shares	3,82,200 shares
RII	20,92,000 shares	3,82,200 shares
Employee
Others
Total	59,74,000 shares	7,64,400 shares

Bids Received (Subscription)

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

	Droneacharya Aerial IPO	Homesfy Realty IPO
QIB (times)	46.21x
NII (times)	287.80x	26.82x
Big NII (times)
Small NII (times)
RII (times)	330.82x	16.55x
Employee (times)
Other (times)
Total (times)	243.70x	21.69x

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