Arkade Developers IPO vs Northern Arc Capital IPO

Comparision between Arkade Developers IPO and Northern Arc Capital IPO.

IPO Details

Arkade Developers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Northern Arc Capital IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Arkade Developers IPO	Northern Arc Capital 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	ICICI Securities Limited Axis Bank Limited Citigroup Global Markets India Private Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	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 Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of Arkade Developers IPO is and of Northern Arc Capital IPO is .

	Arkade Developers IPO	Northern Arc Capital IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share	₹249.00 per share
Issue Price (Upper)	₹128.00 per share	₹263.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)		₹24.00 per share
Market Lot Size	110 shares	57 shares
Fresh Issue Size	3,20,31,250 shares	1,90,11,407 shares
Fresh Issue Size (Amount)	up to ₹410.00 Cr	up to ₹500.00 Cr
OFS Issue Size		1,05,32,320 shares
OFS Issue Size (Amount)		up to ₹277.00 Cr
Issue Size Total	3,20,31,250 shares	2,95,43,727 shares
Issue Size Total (Amount)	up to ₹410.00 Cr	up to ₹777.00 Cr

IPO Timetable

Arkade Developers IPO opens on Sep 16, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of Arkade Developers IPO and Northern Arc Capital IPO is Sep 19, 2024, and Sep 19, 2024, respectively.

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

Financials

Arkade Developers IPO P/E ratio is 16.01, as compared to Northern Arc Capital IPO P/E ratio of 11.78.

Arkade Developers IPO

Northern Arc Capital 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

Northern Arc Capital Limited Financial Information (Restated Consolidated)

Northern Arc Capital Limited's revenue increased by 45% and profit after tax (PAT) rose by 31% 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	11,707.66	9,371.57	7,974.12
Revenue	1,906.03	1,311.2	916.55
Profit After Tax	317.69	242.21	181.94
Net Worth	2,314.35	1,955.39	1,739.04
Reserves and Surplus	2,123.37	1,784.22	1,555.3
Total Borrowing	9,047.76	7,034.57	5,982.96
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

85.58%

Promoter Shareholding (Post-Issue)

P/E Ratio

16.01

11.78

Market Cap

₹2376.41 Cr.

₹4242.86 Cr.

ROE

46.90%%

ROCE

47.34%%

Debt/Equity

0.21

3.9

EPS

₹7.99

₹22.32

RoNW

46.90%%

13.32%%

Shares Offered

In the Arkade Developers IPO retail investors (RII) are offered while in Northern Arc Capital IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Arkade Developers IPO and in Northern Arc Capital IPO.

	Arkade Developers IPO	Northern Arc Capital IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee		5,90,874 shares
Others
Total

Bids Received (Subscription)

Arkade Developers IPO subscribed in total, whereas Northern Arc Capital IPO subscribed .

	Arkade Developers IPO	Northern Arc Capital 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	Northern Arc Capital IPO
Northern Arc Capital IPO	Arkade Developers IPO
Western Carriers (India) IPO	Western Carriers (India) IPO
P N Gadgil Jewellers IPO	P N Gadgil Jewellers IPO
Kross IPO	Kross IPO
Tolins Tyres IPO	Tolins Tyres IPO
Shree Tirupati Balajee IPO

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