ACME Solar Holdings IPO vs Deepak Builders & Engineers IPO

Comparision between ACME Solar Holdings IPO and Deepak Builders & Engineers IPO.

IPO Details

ACME Solar Holdings IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Deepak Builders & Engineers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ACME Solar Holdings IPO	Deepak Builders & 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	Nuvama Wealth Management Limited ICICI Securities Limited Jm Financial Limited Kotak Mahindra Capital Company Limited Motilal Oswal Investment Advisors Limited	Fedex Securities�Pvt Ltd
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
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 ACME Solar Holdings IPO is up to ₹2,900.00 Cr whereas the issue size of the Deepak Builders & Engineers IPO is up to ₹260.04 Cr. The final issue price of ACME Solar Holdings IPO is ₹289.00 per share and of Deepak Builders & Engineers IPO is ₹203.00 per share.

	ACME Solar Holdings IPO	Deepak Builders & Engineers IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹275.00 per share	₹192.00 per share
Issue Price (Upper)	₹289.00 per share	₹203.00 per share
Issue Price (Final)	₹289.00 per share	₹203.00 per share
Discount (Retail)
Discount (Employee)	₹27.00 per share
Market Lot Size	51 shares	73 shares
Fresh Issue Size	8,28,71,973 shares	1,07,00,000 shares
Fresh Issue Size (Amount)	up to ₹2,395.00 Cr	up to ₹217.21 Cr
OFS Issue Size	1,74,74,049 shares	21,10,000 shares
OFS Issue Size (Amount)	up to ₹505.00 Cr	up to ₹42.83 Cr
Issue Size Total	10,03,46,022 shares	1,28,10,000 shares
Issue Size Total (Amount)	up to ₹2,900.00 Cr	up to ₹260.04 Cr

IPO Timetable

ACME Solar Holdings IPO opens on Nov 06, 2024, while Deepak Builders & Engineers IPO opens on Oct 21, 2024. The closing date of ACME Solar Holdings IPO and Deepak Builders & Engineers IPO is Nov 08, 2024, and Oct 23, 2024, respectively.

	ACME Solar Holdings IPO	Deepak Builders & Engineers IPO
Anchor Bid Date	Nov 05, 2024	Oct 18, 2024
Issue Open	Nov 06, 2024	Oct 21, 2024
Issue Close	Nov 08, 2024	Oct 23, 2024
Basis Of Allotment (Tentative)	Nov 11, 2024	Oct 24, 2024
Initiation of Refunds (Tentative)	Nov 12, 2024	Oct 25, 2024
Credit of Share (Tentative)	Nov 12, 2024	Oct 25, 2024
Listing date (Tentative)	Nov 13, 2024	Oct 28, 2024
Anchor Lockin End date 1	Dec 11, 2024	Nov 22, 2024
Anchor Lockin End date 2	Feb 09, 2025	Jan 21, 2025

Financials

ACME Solar Holdings IPO P/E ratio is 21.63, as compared to Deepak Builders & Engineers IPO P/E ratio of 12.06.

ACME Solar Holdings IPO

Deepak Builders & Engineers IPO

Financial

ACME Solar Holdings Limited Financial Information (Restated Consolidated)

ACME Solar Holdings Limited's revenue increased by 7.71% and profit after tax (PAT) rose by 22084.28% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	13,985.14	13,394.13	12,186.95	10,887.62
Revenue	340.01	1,466.27	1,361.37	1,562.73
Profit After Tax	1.39	697.78	-3.17	62.01
Net Worth	1,942.12	2,590.87	1,900.56	1,908.76
Reserves and Surplus	1,837.68	1,836.43	1,146.12	1,154.32
Total Borrowing	9,319.91	8,217.59	8,657.35	7,563.60
Amount in ₹ Crore

Deepak Builders & Engineers India Limited Financial Information (Restated)

Deepak Builders & Engineers India Limited's revenue increased by 19% and profit after tax (PAT) rose by 182% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	641.1	558.75	449.3	322.18
Revenue	106.34	516.74	435.46	364.99
Profit After Tax	14.21	60.41	21.4	17.66
Net Worth	155.81	141.25	89.35	70.34
Reserves and Surplus	138.23	124.22	64.66	48.84
Total Borrowing	153.17	153.04	96.57	79.65
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

83.41%

72.50%

P/E Ratio

21.63

12.06

Market Cap

₹17486.81 Cr.

₹945.59 Cr.

ROE

2.93%

8.48%%

ROCE

8.97%%

Debt/Equity

3.89

0.91

EPS

₹13.36

₹16.84

RoNW

0.07%

9.57%%

Shares Offered

In the ACME Solar Holdings IPO retail investors (RII) are offered 1,00,00,000 shares while in Deepak Builders & Engineers IPO retail investors are offered 1,00,00,000 shares. Qualified institutional buyers (QIB) are offered 3,00,00,000 shares in ACME Solar Holdings IPO and 25,62,061 shares in Deepak Builders & Engineers IPO.

	ACME Solar Holdings IPO	Deepak Builders & Engineers IPO
Anchor Investor Reserveration	4,50,00,000 shares	38,42,939 shares
Market Maker Reserveration
QIB	3,00,00,000 shares	25,62,061 shares
NII	1,50,00,000 shares	19,21,500 shares
RII	1,00,00,000 shares	44,83,500 shares
Employee	3,46,021 shares	0 shares
Others
Total	5,53,46,021 shares	89,67,061 shares

Bids Received (Subscription)

ACME Solar Holdings IPO subscribed 2.89x in total, whereas Deepak Builders & Engineers IPO subscribed 41.54x.

	ACME Solar Holdings IPO	Deepak Builders & Engineers IPO
QIB (times)	3.72x	13.91x
NII (times)	1.02x	82.47x
Big NII (times)	0.91x	77.86x
Small NII (times)	1.24x	91.69x
RII (times)	3.25x	39.79x
Employee (times)	1.85x
Other (times)
Total (times)	2.89x	41.54x

Compare with others

ACME Solar Holdings IPO	Deepak Builders & Engineers IPO
BlackBuck IPO	Niva Bupa Health Insurance IPO
Avanse Financial Services IPO	Sagility India IPO
NTPC Green Energy IPO	ACME Solar Holdings IPO
Niva Bupa Health Insurance IPO	Swiggy IPO
Sagility India IPO	Godavari Biorefineries IPO
Swiggy IPO	Waaree Energies IPO
Godavari Biorefineries IPO	Garuda Construction and Engineering IPO
Deepak Builders & Engineers IPO	Afcons Infrastructure IPO
Waaree Energies IPO	Hyundai Motor IPO
Garuda Construction and Engineering IPO	Diffusion Engineers IPO

Comments

Add a public comment...