Deepak Builders & Engineers IPO vs Waaree Energies IPO

Comparision between Deepak Builders & Engineers IPO and Waaree Energies IPO.

IPO Details

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

	Deepak Builders & Engineers IPO	Waaree Energies 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	Fedex Securities�Pvt Ltd	Axis Capital Limited Iifl Securities Ltd Jefferies India Private Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited Intensive Fiscal Services Private Limited Iti Capital Ltd
Registrar	Kfin Technologies Limited	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 Deepak Builders & Engineers IPO is up to ₹260.04 Cr whereas the issue size of the Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Deepak Builders & Engineers IPO is ₹203.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.

	Deepak Builders & Engineers IPO	Waaree Energies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹192.00 per share	₹1,427.00 per share
Issue Price (Upper)	₹203.00 per share	₹1,503.00 per share
Issue Price (Final)	₹203.00 per share	₹1,503.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	73 shares	9 shares
Fresh Issue Size	1,07,00,000 shares	2,39,52,095 shares
Fresh Issue Size (Amount)	up to ₹217.21 Cr	up to ₹3,600.00 Cr
OFS Issue Size	21,10,000 shares	48,00,000 shares
OFS Issue Size (Amount)	up to ₹42.83 Cr	up to ₹721.44 Cr
Issue Size Total	1,28,10,000 shares	2,87,52,095 shares
Issue Size Total (Amount)	up to ₹260.04 Cr	up to ₹4,321.44 Cr

IPO Timetable

Deepak Builders & Engineers IPO opens on Oct 21, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Deepak Builders & Engineers IPO and Waaree Energies IPO is Oct 23, 2024, and Oct 23, 2024, respectively.

	Deepak Builders & Engineers IPO	Waaree Energies IPO
Anchor Bid Date	Oct 18, 2024	Oct 18, 2024
Issue Open	Oct 21, 2024	Oct 21, 2024
Issue Close	Oct 23, 2024	Oct 23, 2024
Basis Of Allotment (Tentative)	Oct 24, 2024	Oct 24, 2024
Initiation of Refunds (Tentative)	Oct 25, 2024	Oct 25, 2024
Credit of Share (Tentative)	Oct 25, 2024	Oct 25, 2024
Listing date (Tentative)	Oct 28, 2024	Oct 28, 2024
Anchor Lockin End date 1	Nov 22, 2024	Nov 22, 2024
Anchor Lockin End date 2	Jan 21, 2025	Jan 21, 2025

Financials

Deepak Builders & Engineers IPO P/E ratio is 12.06, as compared to Waaree Energies IPO P/E ratio of 30.87.

Deepak Builders & Engineers IPO

Waaree Energies IPO

Financial

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

Waaree Energies Limited Financial Information (Restated Consolidated)

Waaree Energies Limited's revenue increased by 69.56% and profit after tax (PAT) rose by 154.73% 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	11,989.48	11,313.73	7,419.92	2,237.40
Revenue	3,496.41	11,632.76	6,860.36	2,945.85
Profit After Tax	401.13	1,274.38	500.28	79.65
Net Worth	4,471.71	4,074.84	1,826.02	427.13
Reserves and Surplus	4,221.69	3,825.00	1,594.92	230.43
Total Borrowing	261.24	317.32	273.48	313.08
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

71.80%

Promoter Shareholding (Post-Issue)

72.50%

64.30%

P/E Ratio

12.06

30.87

Market Cap

₹945.59 Cr.

₹42939.36 Cr.

ROE

8.48%%

8.79%%

ROCE

8.97%%

9.45%%

Debt/Equity

0.91

0.06

EPS

₹16.84

₹48.69

RoNW

9.57%%

8.81%%

Shares Offered

In the Deepak Builders & Engineers IPO retail investors (RII) are offered 44,83,500 shares while in Waaree Energies IPO retail investors are offered 44,83,500 shares. Qualified institutional buyers (QIB) are offered 25,62,061 shares in Deepak Builders & Engineers IPO and 56,63,925 shares in Waaree Energies IPO.

	Deepak Builders & Engineers IPO	Waaree Energies IPO
Anchor Investor Reserveration	38,42,939 shares	84,95,887 shares
Market Maker Reserveration
QIB	25,62,061 shares	56,63,925 shares
NII	19,21,500 shares	42,47,945 shares
RII	44,83,500 shares	99,11,869 shares
Employee	0 shares	4,32,468 shares
Others
Total	89,67,061 shares	2,02,56,207 shares

Bids Received (Subscription)

Deepak Builders & Engineers IPO subscribed 41.54x in total, whereas Waaree Energies IPO subscribed 79.44x.

	Deepak Builders & Engineers IPO	Waaree Energies IPO
QIB (times)	13.91x	215.03x
NII (times)	82.47x	65.25x
Big NII (times)	77.86x	71.32x
Small NII (times)	91.69x	53.10x
RII (times)	39.79x	11.27x
Employee (times)		5.45x
Other (times)
Total (times)	41.54x	79.44x

Compare with others

Deepak Builders & Engineers IPO	Waaree Energies IPO
Niva Bupa Health Insurance IPO	Sagility India IPO
Sagility India IPO	ACME Solar Holdings IPO
ACME Solar Holdings IPO	Swiggy IPO
Swiggy IPO	Godavari Biorefineries IPO
Godavari Biorefineries IPO	Deepak Builders & Engineers IPO
Waaree Energies IPO	Garuda Construction and Engineering IPO
Garuda Construction and Engineering IPO	Afcons Infrastructure IPO
Afcons Infrastructure IPO	Hyundai Motor IPO
Hyundai Motor IPO	Diffusion Engineers IPO
Diffusion Engineers IPO	Manba Finance IPO

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