Comparison between Arkade Developers IPO and Northern Arc Capital IPO.
Arkade Developers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Northern Arc Capital IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Arkade Developers IPO is up to ₹410.00 Cr whereas the issue size of the Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Northern Arc Capital IPO is ₹263.00 per share.
| Arkade Developers IPO | Northern Arc Capital IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹249.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹263.00 per share |
| Issue Price (Final) | ₹128.00 per share | ₹263.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | ₹24.00 per share |
| Market Lot Size | 110 shares | 57 shares |
| Fresh Issue Size | 3,20,37,601 shares | 1,90,65,326 shares |
| Fresh Issue Size (Amount) | up to ₹410.00 Cr | up to ₹500.50 Cr |
| OFS Issue Size | 0 shares | 1,05,32,320 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹276.50 Cr |
| Issue Size Total | 3,20,37,601 shares | 2,95,97,646 shares |
| Issue Size Total (Amount) | up to ₹410.00 Cr | up to ₹777.00 Cr |
Arkade Developers IPO opens on Sep 16, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of Arkade Developers IPO and Northern Arc Capital IPO is Sep 19, 2024, and Sep 19, 2024, respectively.
| Arkade Developers IPO | Northern Arc Capital IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 13, 2024 |
| Issue Open | Sep 16, 2024 | Sep 16, 2024 |
| Issue Close | Sep 19, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 19, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 18, 2024 |
Arkade Developers IPO P/E ratio is 16.01, as compared to Northern Arc Capital IPO P/E ratio of 11.78.
| Arkade Developers IPO | Northern Arc Capital IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.01 | 11.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2376.41 Cr. | ₹4242.86 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.90% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.34% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 3.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.99 | ₹22.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.90% | 13.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in Northern Arc Capital IPO retail investors are offered 1,11,56,250 shares. Qualified Institutional Buyers (QIB) are offered 63,75,000 shares in Arkade Developers IPO and 58,01,354 shares in Northern Arc Capital IPO.
| Arkade Developers IPO | Northern Arc Capital IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,62,500 shares | 87,02,031 shares |
| Market Maker Reservation | ||
| QIB | 63,75,000 shares | 58,01,354 shares |
| NII | 47,81,250 shares | 43,51,016 shares |
| RII | 1,11,56,250 shares | 1,01,52,371 shares |
| Employee | 1,62,601 shares | 5,90,874 shares |
| Others | ||
| Total | 3,20,37,601 shares | 2,95,97,646 shares |
Arkade Developers IPO subscribed 113.49x in total, whereas Northern Arc Capital IPO subscribed 117.19x.
| Arkade Developers IPO | Northern Arc Capital IPO | |
|---|---|---|
| QIB (times) | 172.60x | 242.73x |
| NII (times) | 172.22x | 147.58x |
| Big NII (times) | 169.95x | 160.48x |
| Small NII (times) | 176.76x | 121.79x |
| RII (times) | 53.78x | 32.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 113.49x | 117.19x |
