Deepak Builders IPO vs Waaree Energies IPO

Comparison between Deepak Builders IPO and Waaree Energies IPO.

IPO Details

Deepak Builders 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 Deepak Builders IPO is up to ₹260.04 Cr whereas the issue size of the Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Deepak Builders IPO is ₹203.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.

 Deepak Builders IPOWaaree Energies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹192.00 per share₹1,427.00 per share
Issue Price (Upper)₹203.00 per share₹1,503.00 per share
Issue Price (Final)₹203.00 per share₹1,503.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size73 shares9 shares
Fresh Issue Size1,07,00,000 shares2,39,52,095 shares
Fresh Issue Size (Amount)up to ₹217.21 Crup to ₹3,600.00 Cr
OFS Issue Size21,10,000 shares48,00,000 shares
OFS Issue Size (Amount)up to ₹42.83 Crup to ₹721.44 Cr
Issue Size Total1,28,10,000 shares2,87,52,095 shares
Issue Size Total (Amount)up to ₹260.04 Crup to ₹4,321.44 Cr

IPO Timetable

Deepak Builders IPO opens on Oct 21, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Deepak Builders IPO and Waaree Energies IPO is Oct 23, 2024, and Oct 23, 2024, respectively.

 Deepak Builders IPOWaaree Energies IPO
Anchor Bid DateOct 18, 2024Oct 18, 2024
Issue OpenOct 21, 2024Oct 21, 2024
Issue CloseOct 23, 2024Oct 23, 2024
Basis Of Allotment (Tentative)Oct 24, 2024Oct 24, 2024
Initiation of Refunds (Tentative)Oct 25, 2024Oct 25, 2024
Credit of Share (Tentative)Oct 25, 2024Oct 25, 2024
Listing date (Tentative)Oct 28, 2024Oct 28, 2024
Anchor Lockin End date 1Nov 22, 2024Nov 22, 2024
Anchor Lockin End date 2Jan 21, 2025Jan 21, 2025

Financials & KPIs

Deepak Builders IPO P/E ratio is 12.06, as compared to Waaree Energies IPO P/E ratio of 30.87.

 Deepak Builders IPOWaaree Energies IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets641.10558.75449.30322.18
Total Income106.34516.74435.46364.99
Profit After Tax14.2160.4121.4017.66
NET Worth155.81141.2589.3570.34
Reserves and Surplus138.23124.2264.6648.84
Total Borrowing153.17153.0496.5779.65
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)10071.8
Promoter Shareholding (Post-Issue)72.564.3
P/E Ratio12.0630.87
Market Cap₹945.59 Cr.₹42939.36 Cr.
ROE8.48%8.79%
ROCE8.97%9.45%
Debt/Equity0.910.06
EPS₹16.84₹48.69
RoNW9.57%8.81%

Shares Offered

In the Deepak Builders IPO Retail Individual Investors (RII) are offered 44,83,500 shares while in Waaree Energies IPO retail investors are offered 44,83,500 shares. Qualified Institutional Buyers (QIB) are offered 25,62,061 shares in Deepak Builders IPO and 56,63,925 shares in Waaree Energies IPO.

 Deepak Builders IPOWaaree Energies IPO
Anchor Investor Reservation38,42,939 shares84,95,887 shares
Market Maker Reservation
QIB25,62,061 shares56,63,925 shares
NII19,21,500 shares42,47,945 shares
RII44,83,500 shares99,11,870 shares
Employee4,32,468 shares
Others
Total1,28,10,000 shares2,87,52,095 shares

Bids Received (Subscription)

Deepak Builders IPO subscribed 41.54x in total, whereas Waaree Energies IPO subscribed 79.44x.

 Deepak Builders IPOWaaree Energies IPO
QIB (times)13.91x215.03x
NII (times)82.47x65.25x
Big NII (times)77.86x71.32x
Small NII (times)91.69x53.10x
RII (times)39.79x11.27x
Employee (times)5.45x
Other (times)
Total (times)41.54x79.44x

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