Comparison between Diffusion Engineers IPO and Waaree Energies IPO.
Diffusion Engineers 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.
The total issue size of Diffusion Engineers IPO is up to ₹157.96 Cr whereas the issue size of the Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Diffusion Engineers IPO is ₹168.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.
| Diffusion Engineers IPO | Waaree Energies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹159.00 per share | ₹1,427.00 per share |
| Issue Price (Upper) | ₹168.00 per share | ₹1,503.00 per share |
| Issue Price (Final) | ₹168.00 per share | ₹1,503.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹8.00 per share | ₹0.00 per share |
| Market Lot Size | 88 shares | 9 shares |
| Fresh Issue Size | 94,05,000 shares | 2,39,52,095 shares |
| Fresh Issue Size (Amount) | up to ₹157.96 Cr | up to ₹3,600.00 Cr |
| OFS Issue Size | 0 shares | 48,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹721.44 Cr |
| Issue Size Total | 94,05,000 shares | 2,87,52,095 shares |
| Issue Size Total (Amount) | up to ₹157.96 Cr | up to ₹4,321.44 Cr |
Diffusion Engineers IPO opens on Sep 26, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Diffusion Engineers IPO and Waaree Energies IPO is Sep 30, 2024, and Oct 23, 2024, respectively.
| Diffusion Engineers IPO | Waaree Energies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Oct 18, 2024 |
| Issue Open | Sep 26, 2024 | Oct 21, 2024 |
| Issue Close | Sep 30, 2024 | Oct 23, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Oct 24, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Oct 25, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Oct 25, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Oct 28, 2024 |
| Anchor Lockin End date 1 | Oct 31, 2024 | Nov 22, 2024 |
| Anchor Lockin End date 2 | Dec 30, 2024 | Jan 21, 2025 |
Diffusion Engineers IPO P/E ratio is 15.28, as compared to Waaree Energies IPO P/E ratio of 30.87.
| Diffusion Engineers IPO | Waaree Energies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.1 | 71.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.7 | 64.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.28 | 30.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹628.76 Cr. | ₹42939.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.52% | 8.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.63% | 9.45% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.18 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.99 | ₹48.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.52% | 8.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Diffusion Engineers IPO Retail Individual Investors (RII) are offered 32,74,250 shares while in Waaree Energies IPO retail investors are offered 32,74,250 shares. Qualified Institutional Buyers (QIB) are offered 18,71,000 shares in Diffusion Engineers IPO and 56,63,925 shares in Waaree Energies IPO.
| Diffusion Engineers IPO | Waaree Energies IPO | |
|---|---|---|
| Anchor Investor Reservation | 28,06,500 shares | 84,95,887 shares |
| Market Maker Reservation | ||
| QIB | 18,71,000 shares | 56,63,925 shares |
| NII | 14,03,250 shares | 42,47,945 shares |
| RII | 32,74,250 shares | 99,11,870 shares |
| Employee | 50,000 shares | 4,32,468 shares |
| Others | ||
| Total | 94,05,000 shares | 2,87,52,095 shares |
Diffusion Engineers IPO subscribed 114.50x in total, whereas Waaree Energies IPO subscribed 79.44x.
| Diffusion Engineers IPO | Waaree Energies IPO | |
|---|---|---|
| QIB (times) | 95.74x | 215.03x |
| NII (times) | 207.60x | 65.25x |
| Big NII (times) | 203.34x | 71.32x |
| Small NII (times) | 216.13x | 53.10x |
| RII (times) | 85.61x | 11.27x |
| Employee (times) | 95.05x | 5.45x |
| Other (times) | ||
| Total (times) | 114.50x | 79.44x |
