ACME Solar Holdings IPO vs Sagility India IPO

Comparison between ACME Solar Holdings IPO and Sagility India IPO.

IPO Details

ACME Solar Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sagility India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ACME Solar Holdings IPO is up to ₹2,900.00 Cr whereas the issue size of the Sagility India IPO is up to ₹2,106.40 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Sagility India IPO is ₹30.00 per share.

 ACME Solar Holdings IPOSagility India IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹275.00 per share₹28.00 per share
Issue Price (Upper)₹289.00 per share₹30.00 per share
Issue Price (Final)₹289.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹27.00 per share₹2.00 per share
Market Lot Size51 shares500 shares
Fresh Issue Size8,28,79,871 shares0 shares
Fresh Issue Size (Amount)up to ₹2,395.04 Crup to ₹0.00 Cr
OFS Issue Size1,74,74,048 shares70,21,99,262 shares
OFS Issue Size (Amount)up to ₹504.96 Crup to ₹2,106.40 Cr
Issue Size Total10,03,53,919 shares70,21,99,262 shares
Issue Size Total (Amount)up to ₹2,900.00 Crup to ₹2,106.40 Cr

IPO Timetable

ACME Solar Holdings IPO opens on Nov 06, 2024, while Sagility India IPO opens on Nov 05, 2024. The closing date of ACME Solar Holdings IPO and Sagility India IPO is Nov 08, 2024, and Nov 07, 2024, respectively.

 ACME Solar Holdings IPOSagility India IPO
Anchor Bid DateNov 05, 2024Nov 04, 2024
Issue OpenNov 06, 2024Nov 05, 2024
Issue CloseNov 08, 2024Nov 07, 2024
Basis Of Allotment (Tentative)Nov 11, 2024Nov 08, 2024
Initiation of Refunds (Tentative)Nov 12, 2024Nov 08, 2024
Credit of Share (Tentative)Nov 12, 2024Nov 11, 2024
Listing date (Tentative)Nov 13, 2024Nov 12, 2024
Anchor Lockin End date 1Dec 11, 2024Dec 08, 2024
Anchor Lockin End date 2Feb 09, 2025Feb 06, 2025

Financials & KPIs

ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Sagility India IPO P/E ratio of 61.52.

 ACME Solar Holdings IPOSagility India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets13,985.1413,394.1312,186.9510,887.62
Total Income340.011,466.271,361.371,562.73
Profit After Tax1.39697.78-3.1762.01
NET Worth1,942.122,590.871,900.561,908.76
Reserves and Surplus1,837.681,836.431,146.121,154.32
Total Borrowing9,319.918,217.598,657.357,563.60
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets10,388.0110,664.2010,590.4810,096.28
Total Income1,247.764,781.504,236.06944.39
Profit After Tax22.29228.27143.57-4.67
NET Worth7,608.166,443.136,206.674,026.62
Reserves and Surplus2,704.281,855.444,013.382,073.80
Total Borrowing943.911,933.522,347.944,239.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10097.39
Promoter Shareholding (Post-Issue)83.4182.39
P/E Ratio21.6361.52
Market Cap₹17486.81 Cr.₹14043.99 Cr.
ROE2.93
ROCE
Debt/Equity3.890.15
EPS₹13.36₹0.49
RoNW0.070.29

Shares Offered

In the ACME Solar Holdings IPO Retail Individual Investors (RII) are offered 99,99,999 shares while in Sagility India IPO retail investors are offered 99,99,999 shares. Qualified Institutional Buyers (QIB) are offered 3,00,00,001 shares in ACME Solar Holdings IPO and 21,00,89,779 shares in Sagility India IPO.

 ACME Solar Holdings IPOSagility India IPO
Anchor Investor Reservation4,50,00,000 shares31,51,34,668 shares
Market Maker Reservation
QIB3,00,00,001 shares21,00,89,779 shares
NII1,49,99,999 shares10,50,44,889 shares
RII99,99,999 shares7,00,29,926 shares
Employee3,81,679 shares19,00,000 shares
Others
Total10,03,81,678 shares70,21,99,262 shares

Bids Received (Subscription)

ACME Solar Holdings IPO subscribed 2.89x in total, whereas Sagility India IPO subscribed 3.20x.

 ACME Solar Holdings IPOSagility India IPO
QIB (times)3.72x3.52x
NII (times)1.02x1.93x
Big NII (times)0.91x1.69x
Small NII (times)1.24x2.41x
RII (times)3.25x4.16x
Employee (times)1.85x3.75x
Other (times)
Total (times)2.89x3.20x

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ACME Solar Holdings IPO Vs Sagility India IPO