Diffusion Engineers IPO vs Northern Arc Capital IPO

Comparison between Diffusion Engineers IPO and Northern Arc Capital IPO.

IPO Details

Diffusion Engineers 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.

Issue Size and Price

The total issue size of Diffusion Engineers IPO is up to ₹157.96 Cr whereas the issue size of the Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of Diffusion Engineers IPO is ₹168.00 per share and of Northern Arc Capital IPO is ₹263.00 per share.

 Diffusion Engineers IPONorthern Arc Capital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹159.00 per share₹249.00 per share
Issue Price (Upper)₹168.00 per share₹263.00 per share
Issue Price (Final)₹168.00 per share₹263.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹8.00 per share₹24.00 per share
Market Lot Size88 shares57 shares
Fresh Issue Size94,05,000 shares1,90,65,326 shares
Fresh Issue Size (Amount)up to ₹157.96 Crup to ₹500.50 Cr
OFS Issue Size0 shares1,05,32,320 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹276.50 Cr
Issue Size Total94,05,000 shares2,95,97,646 shares
Issue Size Total (Amount)up to ₹157.96 Crup to ₹777.00 Cr

IPO Timetable

Diffusion Engineers IPO opens on Sep 26, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of Diffusion Engineers IPO and Northern Arc Capital IPO is Sep 30, 2024, and Sep 19, 2024, respectively.

 Diffusion Engineers IPONorthern Arc Capital IPO
Anchor Bid DateSep 25, 2024Sep 13, 2024
Issue OpenSep 26, 2024Sep 16, 2024
Issue CloseSep 30, 2024Sep 19, 2024
Basis Of Allotment (Tentative)Oct 01, 2024Sep 20, 2024
Initiation of Refunds (Tentative)Oct 03, 2024Sep 23, 2024
Credit of Share (Tentative)Oct 03, 2024Sep 23, 2024
Listing date (Tentative)Oct 04, 2024Sep 24, 2024
Anchor Lockin End date 1Oct 31, 2024Oct 19, 2024
Anchor Lockin End date 2Dec 30, 2024Dec 18, 2024

Financials & KPIs

Diffusion Engineers IPO P/E ratio is 15.28, as compared to Northern Arc Capital IPO P/E ratio of 11.78.

 Diffusion Engineers IPONorthern Arc Capital IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets275.59230.34189.55
Total Income285.56258.67208.75
Profit After Tax30.8022.1517.05
NET Worth190.70142.00120.65
Reserves and Surplus163.03138.39117.34
Total Borrowing34.4448.0924.60
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets11,707.669,371.577,974.12
Total Income1,906.031,311.20916.55
Profit After Tax317.69242.21181.94
NET Worth2,314.351,955.391,739.04
Reserves and Surplus2,123.371,784.221,555.30
Total Borrowing9,047.767,034.575,982.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.1
Promoter Shareholding (Post-Issue)69.7
P/E Ratio15.2811.78
Market Cap₹628.76 Cr.₹4242.86 Cr.
ROE18.52%
ROCE20.63%
Debt/Equity0.183.90
EPS₹10.99₹22.32
RoNW18.52%13.32%

Shares Offered

In the Diffusion Engineers IPO Retail Individual Investors (RII) are offered 32,74,250 shares while in Northern Arc Capital IPO retail investors are offered 32,74,250 shares. Qualified Institutional Buyers (QIB) are offered 18,71,000 shares in Diffusion Engineers IPO and 58,01,354 shares in Northern Arc Capital IPO.

 Diffusion Engineers IPONorthern Arc Capital IPO
Anchor Investor Reservation28,06,500 shares87,02,031 shares
Market Maker Reservation
QIB18,71,000 shares58,01,354 shares
NII14,03,250 shares43,51,016 shares
RII32,74,250 shares1,01,52,371 shares
Employee50,000 shares5,90,874 shares
Others
Total94,05,000 shares2,95,97,646 shares

Bids Received (Subscription)

Diffusion Engineers IPO subscribed 114.50x in total, whereas Northern Arc Capital IPO subscribed 117.19x.

 Diffusion Engineers IPONorthern Arc Capital IPO
QIB (times)95.74x242.73x
NII (times)207.60x147.58x
Big NII (times)203.34x160.48x
Small NII (times)216.13x121.79x
RII (times)85.61x32.01x
Employee (times)95.05x
Other (times)
Total (times)114.50x117.19x

Compare with others

Compare:

Diffusion Engineers IPO Vs Northern Arc Capital IPO