Arkade Developers IPO vs Western Carriers (India) IPO

Comparision between Arkade Developers IPO and Western Carriers (India) IPO.

IPO Details

Arkade Developers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Western Carriers (India) IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Arkade Developers IPO	Western Carriers (India) 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	Jm Financial Limited Kotak Mahindra Capital Company Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP
Anchor Investor
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 Western Carriers (India) IPO is . The final issue price of Arkade Developers IPO is and of Western Carriers (India) IPO is .

	Arkade Developers IPO	Western Carriers (India) IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹410.00 Cr	up to ₹500.00 Cr
OFS Issue Size		93,28,995 shares
OFS Issue Size (Amount)
Issue Size Total
Issue Size Total (Amount)	up to ₹410.00 Cr

IPO Timetable

Arkade Developers IPO opens on Sep 16, 2024, while Western Carriers (India) IPO opens on . The closing date of Arkade Developers IPO and Western Carriers (India) IPO is Sep 19, 2024, and , respectively.

	Arkade Developers IPO	Western Carriers (India) IPO
Anchor Bid Date	Sep 13, 2024
Issue Open	Sep 16, 2024
Issue Close	Sep 19, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024
Credit of Share (Tentative)	Sep 23, 2024
Listing date (Tentative)	Sep 24, 2024
Anchor Lockin End date 1	Oct 20, 2024
Anchor Lockin End date 2	Dec 19, 2024

Financials

Arkade Developers IPO P/E ratio is , as compared to Western Carriers (India) IPO P/E ratio of .

Arkade Developers IPO

Western Carriers (India) 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

Western Carriers (India) Limited Financial Information (Restated Consolidated)

Period Ended	31 Dec 2022	31 Mar 2022	31 Mar 2021	31 Mar 2020
Assets	572.14	490.33	425.22	358.52
Revenue	1,210.61	1,475.79	1,113.9	1,073.53
Profit After Tax	55.09	61.13	44.53	35.86
Net Worth	302.31	257.58	196.65	152.03
Reserves and Surplus	218.16	157.12	112.51	76.65
Total Borrowing	191.01	150.4	135.68	96.12
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

85.58%

99.99%

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

46.90%%

ROCE

47.34%%

Debt/Equity

0.21

EPS

RoNW

46.90%%

Shares Offered

In the Arkade Developers IPO retail investors (RII) are offered while in Western Carriers (India) IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Arkade Developers IPO and in Western Carriers (India) IPO.

	Arkade Developers IPO	Western Carriers (India) IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Arkade Developers IPO subscribed in total, whereas Western Carriers (India) IPO subscribed .

	Arkade Developers IPO	Western Carriers (India) IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

Compare with others

Arkade Developers IPO	Western Carriers (India) IPO
Western Carriers (India) IPO	Arkade Developers IPO
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