Comparison between Arkade Developers IPO and Shree Tirupati Balajee Agro IPO.
Arkade Developers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shree Tirupati Balajee Agro 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 Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Shree Tirupati Balajee Agro IPO is ₹83.00 per share.
| Arkade Developers IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹78.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹83.00 per share |
| Issue Price (Final) | ₹128.00 per share | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 110 shares | 180 shares |
| Fresh Issue Size | 3,20,37,601 shares | 1,47,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹410.00 Cr | up to ₹122.43 Cr |
| OFS Issue Size | 0 shares | 56,90,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹47.23 Cr |
| Issue Size Total | 3,20,37,601 shares | 2,04,40,000 shares |
| Issue Size Total (Amount) | up to ₹410.00 Cr | up to ₹169.65 Cr |
Arkade Developers IPO opens on Sep 16, 2024, while Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024. The closing date of Arkade Developers IPO and Shree Tirupati Balajee Agro IPO is Sep 19, 2024, and Sep 09, 2024, respectively.
| Arkade Developers IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 04, 2024 |
| Issue Open | Sep 16, 2024 | Sep 05, 2024 |
| Issue Close | Sep 19, 2024 | Sep 09, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 10, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 11, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 11, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 12, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 09, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 08, 2024 |
Arkade Developers IPO P/E ratio is 16.01, as compared to Shree Tirupati Balajee Agro IPO P/E ratio of 15.37.
| Arkade Developers IPO | Shree Tirupati Balajee Agro IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.58 | 88.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.82 | 65.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.01 | 15.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2376.41 Cr. | ₹677.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.90% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.34% | 16.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 1.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.99 | ₹5.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.90% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in Shree Tirupati Balajee Agro 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 40,88,000 shares in Shree Tirupati Balajee Agro IPO.
| Arkade Developers IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,62,500 shares | 61,32,000 shares |
| Market Maker Reservation | ||
| QIB | 63,75,000 shares | 40,88,000 shares |
| NII | 47,81,250 shares | 30,66,000 shares |
| RII | 1,11,56,250 shares | 71,54,000 shares |
| Employee | 1,62,601 shares | |
| Others | ||
| Total | 3,20,37,601 shares | 2,04,40,000 shares |
Arkade Developers IPO subscribed 113.49x in total, whereas Shree Tirupati Balajee Agro IPO subscribed 124.74x.
| Arkade Developers IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| QIB (times) | 172.60x | 150.87x |
| NII (times) | 172.22x | 210.12x |
| Big NII (times) | 169.95x | 225.47x |
| Small NII (times) | 176.76x | 179.41x |
| RII (times) | 53.78x | 73.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 113.49x | 124.74x |
