Comparison between Rayzon Solar IPO and Wakefit Innovations IPO.
Rayzon Solar IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Wakefit Innovations IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Rayzon Solar IPO is up to ₹1,500.00 Cr whereas the issue size of the Wakefit Innovations IPO is up to ₹1,288.89 Cr. The final issue price of Rayzon Solar IPO is and of Wakefit Innovations IPO is ₹195.00 per share.
| Rayzon Solar IPO | Wakefit Innovations IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹185.00 per share | |
| Issue Price (Upper) | ₹195.00 per share | |
| Issue Price (Final) | ₹195.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 76 shares | |
| Fresh Issue Size | 0 shares | 1,93,42,461 shares |
| Fresh Issue Size (Amount) | up to ₹1,500.00 Cr | up to ₹377.18 Cr |
| OFS Issue Size | 0 shares | 4,67,54,405 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹911.71 Cr |
| Issue Size Total | 0 shares | 6,60,96,866 shares |
| Issue Size Total (Amount) | up to ₹1,500.00 Cr | up to ₹1,288.89 Cr |
Rayzon Solar IPO opens on , while Wakefit Innovations IPO opens on Dec 08, 2025. The closing date of Rayzon Solar IPO and Wakefit Innovations IPO is , and Dec 10, 2025, respectively.
| Rayzon Solar IPO | Wakefit Innovations IPO | |
|---|---|---|
| Anchor Bid Date | Dec 05, 2025 | |
| Issue Open | Dec 08, 2025 | |
| Issue Close | Dec 10, 2025 | |
| Basis Of Allotment (Tentative) | Dec 11, 2025 | |
| Initiation of Refunds (Tentative) | Dec 12, 2025 | |
| Credit of Share (Tentative) | Dec 12, 2025 | |
| Listing date (Tentative) | Dec 15, 2025 | |
| Anchor Lockin End date 1 | Jan 09, 2026 | |
| Anchor Lockin End date 2 | Mar 10, 2026 |
Rayzon Solar IPO P/E ratio is , as compared to Wakefit Innovations IPO P/E ratio of -171.29.
| Rayzon Solar IPO | Wakefit Innovations IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Wakefit Innovations Ltd.'s revenue increased by 28% and profit after tax (PAT) dropped by 133% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 98.1 | 43.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 36.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -171.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6373.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -6.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | -0.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-1.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -6.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rayzon Solar IPO Retail Individual Investors (RII) are offered while in Wakefit Innovations IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Rayzon Solar IPO and 1,98,29,061 shares in Wakefit Innovations IPO.
| Rayzon Solar IPO | Wakefit Innovations IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,97,43,590 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 1,98,29,061 shares | |
| NII | 99,14,529 shares | |
| RII | 66,09,686 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 6,60,96,866 shares |
Rayzon Solar IPO subscribed in total, whereas Wakefit Innovations IPO subscribed 2.52x.
| Rayzon Solar IPO | Wakefit Innovations IPO | |
|---|---|---|
| QIB (times) | 3.04x | |
| NII (times) | 1.05x | |
| Big NII (times) | 0.88x | |
| Small NII (times) | 1.41x | |
| RII (times) | 3.17x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.52x |
