Comparison between Arkade Developers IPO and Tolins Tyres IPO.
Arkade Developers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tolins Tyres 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 Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Tolins Tyres IPO is ₹226.00 per share.
| Arkade Developers IPO | Tolins Tyres IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹215.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹226.00 per share |
| Issue Price (Final) | ₹128.00 per share | ₹226.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 110 shares | 66 shares |
| Fresh Issue Size | 3,20,37,601 shares | 88,49,559 shares |
| Fresh Issue Size (Amount) | up to ₹410.00 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 0 shares | 13,27,432 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹30.00 Cr |
| Issue Size Total | 3,20,37,601 shares | 1,01,76,991 shares |
| Issue Size Total (Amount) | up to ₹410.00 Cr | up to ₹230.00 Cr |
Arkade Developers IPO opens on Sep 16, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Arkade Developers IPO and Tolins Tyres IPO is Sep 19, 2024, and Sep 11, 2024, respectively.
| Arkade Developers IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 06, 2024 |
| Issue Open | Sep 16, 2024 | Sep 09, 2024 |
| Issue Close | Sep 19, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 12, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 12, 2024 |
Arkade Developers IPO P/E ratio is 16.01, as compared to Tolins Tyres IPO P/E ratio of 26.64.
| Arkade Developers IPO | Tolins Tyres IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.58 | 92.64 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.82 | 68.53 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.01 | 26.64 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2376.41 Cr. | ₹892.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.90% | 25.87% | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.34% | 36.08% | ||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 0.78 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.99 | ₹8.48 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.90% | 25.87% | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Arkade Developers IPO Retail Individual Investors (RII) are offered 1,11,56,250 shares while in Tolins Tyres 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 20,35,398 shares in Tolins Tyres IPO.
| Arkade Developers IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,62,500 shares | 30,53,097 shares |
| Market Maker Reservation | ||
| QIB | 63,75,000 shares | 20,35,398 shares |
| NII | 47,81,250 shares | 15,26,549 shares |
| RII | 1,11,56,250 shares | 35,61,947 shares |
| Employee | 1,62,601 shares | |
| Others | ||
| Total | 3,20,37,601 shares | 1,01,76,991 shares |
Arkade Developers IPO subscribed 113.49x in total, whereas Tolins Tyres IPO subscribed 25.03x.
| Arkade Developers IPO | Tolins Tyres IPO | |
|---|---|---|
| QIB (times) | 172.60x | 26.72x |
| NII (times) | 172.22x | 28.80x |
| Big NII (times) | 169.95x | 26.39x |
| Small NII (times) | 176.76x | 33.63x |
| RII (times) | 53.78x | 22.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 113.49x | 25.03x |
