Arkade Developers IPO vs Diffusion Engineers IPO

Comparision between Arkade Developers IPO and Diffusion Engineers IPO.

IPO Details

Arkade Developers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Diffusion Engineers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Arkade Developers IPO	Diffusion Engineers IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Unistone Capital Pvt Ltd	Unistone Capital Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arkade Developers IPO is up to ₹410.00 Cr whereas the issue size of the Diffusion Engineers IPO is up to ₹158.00 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Diffusion Engineers IPO is ₹168.00 per share.

	Arkade Developers IPO	Diffusion Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share	₹159.00 per share
Issue Price (Upper)	₹128.00 per share	₹168.00 per share
Issue Price (Final)	₹128.00 per share	₹168.00 per share
Discount (Retail)
Discount (Employee)		₹8.00 per share
Market Lot Size	110 shares	88 shares
Fresh Issue Size	3,20,31,250 shares	94,05,000 shares
Fresh Issue Size (Amount)	up to ₹410.00 Cr	up to ₹158.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	3,20,31,250 shares	94,05,000 shares
Issue Size Total (Amount)	up to ₹410.00 Cr	up to ₹158.00 Cr

IPO Timetable

Arkade Developers IPO opens on Sep 16, 2024, while Diffusion Engineers IPO opens on Sep 26, 2024. The closing date of Arkade Developers IPO and Diffusion Engineers IPO is Sep 19, 2024, and Sep 30, 2024, respectively.

	Arkade Developers IPO	Diffusion Engineers IPO
Anchor Bid Date	Sep 13, 2024	Sep 25, 2024
Issue Open	Sep 16, 2024	Sep 26, 2024
Issue Close	Sep 19, 2024	Sep 30, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Oct 01, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Oct 03, 2024
Credit of Share (Tentative)	Sep 23, 2024	Oct 03, 2024
Listing date (Tentative)	Sep 24, 2024	Oct 04, 2024
Anchor Lockin End date 1	Oct 20, 2024	Oct 31, 2024
Anchor Lockin End date 2	Dec 19, 2024	Dec 30, 2024

Financials

Arkade Developers IPO P/E ratio is 16.01, as compared to Diffusion Engineers IPO P/E ratio of 15.28.

Arkade Developers IPO

Diffusion Engineers IPO

Financial

Arkade Developers Limited Financial Information (Restated Consolidated)

Arkade Developers Limited's revenue increased by 184% and profit after tax (PAT) rose by 142% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	575.01	555.41	369.97
Revenue	635.71	224.01	237.18
Profit After Tax	122.81	50.77	50.84
Net Worth	323.4	200.32	149.5
Reserves and Surplus	171.4	198.32	147.49
Total Borrowing	69.41	149	64.41
Amount in ₹ Crore

Diffusion Engineers Limited Financial Information (Restated Consolidated)

Diffusion Engineers Limited's revenue increased by 10% and profit after tax (PAT) rose by 39% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	275.59	230.34	189.55
Revenue	285.56	258.67	208.75
Profit After Tax	30.8	22.15	17.05
Net Worth	190.7	142	120.65
Reserves and Surplus	163.03	138.39	117.34
Total Borrowing	34.44	48.09	24.6
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

85.58%

93.10%

Promoter Shareholding (Post-Issue)

70.82%

69.70%

P/E Ratio

16.01

15.28

Market Cap

₹2376.41 Cr.

₹628.76 Cr.

ROE

46.90%%

18.52%%

ROCE

47.34%%

20.63%%

Debt/Equity

0.21

0.18

EPS

₹7.99

₹10.99

RoNW

46.90%%

18.52%%

Shares Offered

In the Arkade Developers IPO retail investors (RII) are offered 1,11,56,250 shares while in Diffusion Engineers 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 18,71,000 shares in Diffusion Engineers IPO.

	Arkade Developers IPO	Diffusion Engineers IPO
Anchor Investor Reserveration	95,62,500 shares	28,06,500 shares
Market Maker Reserveration
QIB	63,75,000 shares	18,71,000 shares
NII	47,81,250 shares	14,03,250 shares
RII	1,11,56,250 shares	32,74,250 shares
Employee	0 shares	50,000 shares
Others
Total	2,23,12,500 shares	65,98,500 shares

Bids Received (Subscription)

Arkade Developers IPO subscribed 113.49x in total, whereas Diffusion Engineers IPO subscribed 10.13x.

	Arkade Developers IPO	Diffusion Engineers IPO
QIB (times)	172.60x	0.03x
NII (times)	172.22x	10.91x
Big NII (times)	169.95x	7.16x
Small NII (times)	176.76x	18.41x
RII (times)	53.78x	15.39x
Employee (times)		21.87x
Other (times)
Total (times)	113.49x	10.13x

Compare with others

Arkade Developers IPO	Diffusion Engineers IPO
Hyundai Motor IPO	Hyundai Motor IPO
Diffusion Engineers IPO	Manba Finance IPO
Manba Finance IPO	KRN Heat Exchanger IPO
KRN Heat Exchanger IPO	Northern Arc Capital IPO
Northern Arc Capital IPO	Arkade Developers IPO
Western Carriers (India) IPO	Western Carriers (India) IPO
P N Gadgil Jewellers IPO
Kross IPO
Tolins Tyres IPO
Shree Tirupati Balajee IPO

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