Swiggy IPO vs Waaree Energies IPO

Comparison between Swiggy IPO and Waaree Energies IPO.

IPO Details

Swiggy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Waaree Energies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Swiggy IPO is up to ₹11,327.43 Cr whereas the issue size of the Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Swiggy IPO is ₹390.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.

 Swiggy IPOWaaree Energies IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹371.00 per share₹1,427.00 per share
Issue Price (Upper)₹390.00 per share₹1,503.00 per share
Issue Price (Final)₹390.00 per share₹1,503.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹25.00 per share₹0.00 per share
Market Lot Size38 shares9 shares
Fresh Issue Size11,53,80,563 shares2,39,52,095 shares
Fresh Issue Size (Amount)up to ₹4,499.51 Crup to ₹3,600.00 Cr
OFS Issue Size17,50,87,863 shares48,00,000 shares
OFS Issue Size (Amount)up to ₹6,827.92 Crup to ₹721.44 Cr
Issue Size Total29,04,68,426 shares2,87,52,095 shares
Issue Size Total (Amount)up to ₹11,327.43 Crup to ₹4,321.44 Cr

IPO Timetable

Swiggy IPO opens on Nov 06, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Swiggy IPO and Waaree Energies IPO is Nov 08, 2024, and Oct 23, 2024, respectively.

 Swiggy IPOWaaree Energies IPO
Anchor Bid DateNov 05, 2024Oct 18, 2024
Issue OpenNov 06, 2024Oct 21, 2024
Issue CloseNov 08, 2024Oct 23, 2024
Basis Of Allotment (Tentative)Nov 11, 2024Oct 24, 2024
Initiation of Refunds (Tentative)Nov 12, 2024Oct 25, 2024
Credit of Share (Tentative)Nov 12, 2024Oct 25, 2024
Listing date (Tentative)Nov 13, 2024Oct 28, 2024
Anchor Lockin End date 1Dec 10, 2024Nov 22, 2024
Anchor Lockin End date 2Feb 08, 2025Jan 21, 2025

Financials & KPIs

Swiggy IPO P/E ratio is -35.23, as compared to Waaree Energies IPO P/E ratio of 30.87.

 Swiggy IPOWaaree Energies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets10,341.2410,529.4211,280.6514,405.74
Total Income3,310.1111,634.358,714.456,119.78
Profit After Tax-611.01-2,350.24-4,179.31-3,628.90
NET Worth7,444.997,791.469,056.6112,266.91
Reserves and Surplus-7,750.85-7,880.85-6,510.34-3,311.10
Total Borrowing256.61211.19
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets11,989.4811,313.737,419.922,237.40
Total Income3,496.4111,632.766,860.362,945.85
Profit After Tax401.131,274.38500.2879.65
NET Worth4,471.714,074.841,826.02427.13
Reserves and Surplus4,221.693,825.001,594.92230.43
Total Borrowing261.24317.32273.48313.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)63.5671.8
Promoter Shareholding (Post-Issue)52.9764.3
P/E Ratio-35.2330.87
Market Cap₹87298.60 Cr.₹42939.36 Cr.
ROE8.79%
ROCE9.45%
Debt/Equity0.06
EPS₹-11.07₹48.69
RoNW-8.21%8.81%

Shares Offered

In the Swiggy IPO Retail Individual Investors (RII) are offered 2,89,74,491 shares while in Waaree Energies IPO retail investors are offered 2,89,74,491 shares. Qualified Institutional Buyers (QIB) are offered 8,69,23,475 shares in Swiggy IPO and 56,63,925 shares in Waaree Energies IPO.

 Swiggy IPOWaaree Energies IPO
Anchor Investor Reservation13,03,85,211 shares84,95,887 shares
Market Maker Reservation
QIB8,69,23,475 shares56,63,925 shares
NII4,34,61,737 shares42,47,945 shares
RII2,89,74,491 shares99,11,870 shares
Employee7,50,000 shares4,32,468 shares
Others
Total29,04,94,914 shares2,87,52,095 shares

Bids Received (Subscription)

Swiggy IPO subscribed 3.59x in total, whereas Waaree Energies IPO subscribed 79.44x.

 Swiggy IPOWaaree Energies IPO
QIB (times)6.02x215.03x
NII (times)0.41x65.25x
Big NII (times)0.37x71.32x
Small NII (times)0.50x53.10x
RII (times)1.14x11.27x
Employee (times)1.65x5.45x
Other (times)
Total (times)3.59x79.44x

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Swiggy IPO Vs Waaree Energies IPO