Ardee Engineering IPO vs Prozeal Green Energy IPO

Comparison between Ardee Engineering IPO and Prozeal Green Energy IPO.

IPO Details

Ardee Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prozeal Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Ardee Engineering IPO is up to ₹0.56 Cr whereas the issue size of the Prozeal Green Energy IPO is up to ₹700.00 Cr. The final issue price of Ardee Engineering IPO is and of Prozeal Green Energy IPO is .

 Ardee Engineering IPOProzeal Green Energy IPO
Face Value₹5 per share₹2 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size56,47,000 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹350.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹350.00 Cr
Issue Size Total0 shares0 shares
Issue Size Total (Amount)up to ₹0.56 Crup to ₹700.00 Cr

IPO Timetable

Ardee Engineering IPO opens on , while Prozeal Green Energy IPO opens on . The closing date of Ardee Engineering IPO and Prozeal Green Energy IPO is , and , respectively.

Financials & KPIs

Ardee Engineering IPO P/E ratio is , as compared to Prozeal Green Energy IPO P/E ratio of .

 Ardee Engineering IPOProzeal Green Energy IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets494.99462.16
Total Income289.41622.84
Profit After Tax15.6029.11
NET Worth102.6987.10
Reserves and Surplus83.1067.31
Total Borrowing189.63185.06
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets514.00422.94221.93157.25
Total Income475.49953.89341.80290.25
Profit After Tax51.6092.2421.5210.07
NET Worth243.84192.0372.0220.48
Reserves and Surplus234.34191.1871.2019.73
Total Borrowing82.6077.3462.923.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9788.63
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE33.33%69.87%
ROCE20.97%
Debt/Equity1.61
EPS
RoNW33.42%69.87%

Shares Offered

In the Ardee Engineering IPO Retail Individual Investors (RII) are offered while in Prozeal Green Energy IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Ardee Engineering IPO and 0 shares in Prozeal Green Energy IPO.

Bids Received (Subscription)

Ardee Engineering IPO subscribed in total, whereas Prozeal Green Energy IPO subscribed .

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