Awfis Space Solutions IPO vs DEE Piping Systems IPO

Comparision between Awfis Space Solutions IPO and DEE Piping Systems IPO.

IPO Details

Awfis Space Solutions IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while DEE Piping Systems IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Awfis Space Solutions IPO	DEE Piping Systems 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	ICICI Securities Limited Axis Capital Limited Iifl Securities Ltd Emkay Global Financial Services Ltd	SBI Capital Markets Limited Equirus Capital Private Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Awfis Space Solutions IPO is up to ₹598.93 Cr whereas the issue size of the DEE Piping Systems IPO is up to ₹418.01 Cr. The final issue price of Awfis Space Solutions IPO is ₹383.00 per share and of DEE Piping Systems IPO is ₹203.00 per share.

	Awfis Space Solutions IPO	DEE Piping Systems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹364.00 per share	₹193.00 per share
Issue Price (Upper)	₹383.00 per share	₹203.00 per share
Issue Price (Final)	₹383.00 per share	₹203.00 per share
Discount (Retail)
Discount (Employee)	₹36.00 per share	₹19.00 per share
Market Lot Size	39 shares	73 shares
Fresh Issue Size	33,42,037 shares	1,60,09,852 shares
Fresh Issue Size (Amount)	up to ₹128.00 Cr	up to ₹325.00 Cr
OFS Issue Size	1,22,95,699 shares	45,82,000 shares
OFS Issue Size (Amount)	up to ₹470.93 Cr	up to ₹93.01 Cr
Issue Size Total	1,56,37,736 shares	2,05,91,852 shares
Issue Size Total (Amount)	up to ₹598.93 Cr	up to ₹418.01 Cr

IPO Timetable

Awfis Space Solutions IPO opens on May 22, 2024, while DEE Piping Systems IPO opens on Jun 19, 2024. The closing date of Awfis Space Solutions IPO and DEE Piping Systems IPO is May 27, 2024, and Jun 21, 2024, respectively.

	Awfis Space Solutions IPO	DEE Piping Systems IPO
Anchor Bid Date	May 21, 2024	Jun 18, 2024
Issue Open	May 22, 2024	Jun 19, 2024
Issue Close	May 27, 2024	Jun 21, 2024
Basis Of Allotment (Tentative)	May 28, 2024	Jun 24, 2024
Initiation of Refunds (Tentative)	May 29, 2024	Jun 25, 2024
Credit of Share (Tentative)	May 29, 2024	Jun 25, 2024
Listing date (Tentative)	May 30, 2024	Jun 26, 2024
Anchor Lockin End date 1	Jun 27, 2024	Jul 24, 2024
Anchor Lockin End date 2	Aug 26, 2024	Sep 22, 2024

Financials

Awfis Space Solutions IPO P/E ratio is , as compared to DEE Piping Systems IPO P/E ratio of 83.

Awfis Space Solutions IPO

DEE Piping Systems IPO

Financial

Awfis Space Solutions Limited Financial Information (Restated Consolidated)

Awfis Space Solutions Limited's revenue increased by 103% and profit after tax (PAT) rose by 18.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,352.25	930.61	559.69	508.58
Revenue	633.69	565.79	278.72	216.02
Profit After Tax	-18.94	-46.64	-57.16	-42.64
Net Worth	247.19	169.36	94.72	150.75
Reserves and Surplus	-265.56	-204.30	-223.37	-167.12
Total Borrowing	23.72	10.92	12.11	2.97
Amount in ₹ Crore

DEE Development Engineers Limited Financial Information (Restated Consolidated)

DEE Development Engineers Limited's revenue increased by 30.47% and profit after tax (PAT) rose by 58.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,171.01	966.26	845.40	835.88
Revenue	557.86	614.32	470.84	513.03
Profit After Tax	14.34	12.97	8.20	14.21
Net Worth	428.19	413.70	401.37	448.50
Reserves and Surplus	380.23	408.17	395.85	432.81
Total Borrowing	407.14	352.62	285.36	257.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

41.05%

100.00%

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

₹2658.70 Cr.

₹1401.69 Cr.

ROE

ROCE

37.43%%

3.91%%

Debt/Equity

0.1

0.85

EPS

₹2.45

RoNW

-7.66%%

3.35%%

Shares Offered

In the Awfis Space Solutions IPO retail investors (RII) are offered 15,58,551 shares while in DEE Piping Systems IPO retail investors are offered 15,58,551 shares. Qualified institutional buyers (QIB) are offered 46,75,656 shares in Awfis Space Solutions IPO and 41,08,518 shares in DEE Piping Systems IPO.

	Awfis Space Solutions IPO	DEE Piping Systems IPO
Anchor Investor Reserveration	70,13,483 shares	61,62,777 shares
Market Maker Reserveration
QIB	46,75,656 shares	41,08,518 shares
NII	23,37,827 shares	30,81,389 shares
RII	15,58,551 shares	71,89,907 shares
Employee	57,636 shares	0 shares
Others
Total	86,29,670 shares	1,43,79,814 shares

Bids Received (Subscription)

Awfis Space Solutions IPO subscribed 108.17x in total, whereas DEE Piping Systems IPO subscribed 103.03x.

	Awfis Space Solutions IPO	DEE Piping Systems IPO
QIB (times)	116.95x	206.54x
NII (times)	129.27x	149.38x
Big NII (times)	138.15x	165.71x
Small NII (times)	111.53x	116.73x
RII (times)	53.23x	23.66x
Employee (times)	24.68x
Other (times)
Total (times)	108.17x	103.03x

Compare with others

Awfis Space Solutions IPO	DEE Piping Systems IPO
Aasaan Loans IPO	Emcure Pharma IPO
Stanley Lifestyles IPO	OLA Electric IPO
DEE Piping Systems IPO	Vraj Iron and Steel IPO
ixigo IPO	Aasaan Loans IPO
Kronox Lab Sciences IPO	Stanley Lifestyles IPO
Go Digit IPO	ixigo IPO
Aadhar Housing Finance IPO	Kronox Lab Sciences IPO
TBO Tek IPO	Awfis Space Solutions IPO
Indegene IPO	Go Digit IPO
JNK India IPO	Aadhar Housing Finance IPO

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