Comparison between Diffusion Engineers IPO and KRN Heat Exchanger IPO.
Diffusion Engineers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while KRN Heat Exchanger IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Diffusion Engineers IPO is up to ₹157.96 Cr whereas the issue size of the KRN Heat Exchanger IPO is up to ₹341.95 Cr. The final issue price of Diffusion Engineers IPO is ₹168.00 per share and of KRN Heat Exchanger IPO is ₹220.00 per share.
| Diffusion Engineers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹159.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹168.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹168.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹8.00 per share | |
| Market Lot Size | 88 shares | 65 shares |
| Fresh Issue Size | 94,05,000 shares | 1,55,43,000 shares |
| Fresh Issue Size (Amount) | up to ₹157.96 Cr | up to ₹341.95 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 | 94,05,000 shares | 1,55,43,000 shares |
| Issue Size Total (Amount) | up to ₹157.96 Cr | up to ₹341.95 Cr |
Diffusion Engineers IPO opens on Sep 26, 2024, while KRN Heat Exchanger IPO opens on Sep 25, 2024. The closing date of Diffusion Engineers IPO and KRN Heat Exchanger IPO is Sep 30, 2024, and Sep 27, 2024, respectively.
| Diffusion Engineers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Sep 24, 2024 |
| Issue Open | Sep 26, 2024 | Sep 25, 2024 |
| Issue Close | Sep 30, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Oct 31, 2024 | Oct 30, 2024 |
| Anchor Lockin End date 2 | Dec 30, 2024 | Dec 29, 2024 |
Diffusion Engineers IPO P/E ratio is 15.28, as compared to KRN Heat Exchanger IPO P/E ratio of 24.78.
| Diffusion Engineers IPO | KRN Heat Exchanger IPO | |||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.1 | 94.39 | ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.7 | 70.78 | ||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.28 | 24.78 | ||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹628.76 Cr. | ₹1309.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.52% | 40.86% | ||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.63% | 31.21% | ||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.18 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.99 | ₹8.88 | ||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.52% | 29.68% | ||||||||||||||||||||||||||||||||||||||||||||||
In the Diffusion Engineers IPO Retail Individual Investors (RII) are offered 32,74,250 shares while in KRN Heat Exchanger IPO retail investors are offered 32,74,250 shares. Qualified Institutional Buyers (QIB) are offered 18,71,000 shares in Diffusion Engineers IPO and 31,07,455 shares in KRN Heat Exchanger IPO.
| Diffusion Engineers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| Anchor Investor Reservation | 28,06,500 shares | 45,50,000 shares |
| Market Maker Reservation | ||
| QIB | 18,71,000 shares | 31,07,455 shares |
| NII | 14,03,250 shares | 23,87,215 shares |
| RII | 32,74,250 shares | 54,98,330 shares |
| Employee | 50,000 shares | |
| Others | ||
| Total | 94,05,000 shares | 1,55,43,000 shares |
Diffusion Engineers IPO subscribed 114.50x in total, whereas KRN Heat Exchanger IPO subscribed 213.41x.
| Diffusion Engineers IPO | KRN Heat Exchanger IPO | |
|---|---|---|
| QIB (times) | 95.74x | 253.04x |
| NII (times) | 207.60x | 430.54x |
| Big NII (times) | 203.34x | 445.31x |
| Small NII (times) | 216.13x | 401.01x |
| RII (times) | 85.61x | 96.74x |
| Employee (times) | 95.05x | |
| Other (times) | ||
| Total (times) | 114.50x | 213.41x |
