Sagility India IPO vs Waaree Energies IPO

Comparision between Sagility India IPO and Waaree Energies IPO.

IPO Details

Sagility India 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.

	Sagility India 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	ICICI Securities Limited Iifl Securities Ltd Jefferies India Private Limited J.P. Morgan India Private Limited	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	Link Intime India Private 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 Sagility India IPO is up to ₹2,106.60 Cr whereas the issue size of the Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Sagility India IPO is ₹30.00 per share and of Waaree Energies IPO is ₹1,503.00 per share.

	Sagility India IPO	Waaree Energies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹28.00 per share	₹1,427.00 per share
Issue Price (Upper)	₹30.00 per share	₹1,503.00 per share
Issue Price (Final)	₹30.00 per share	₹1,503.00 per share
Discount (Retail)
Discount (Employee)	₹2.00 per share
Market Lot Size	500 shares	9 shares
Fresh Issue Size		2,39,52,095 shares
Fresh Issue Size (Amount)		up to ₹3,600.00 Cr
OFS Issue Size	70,21,99,262 shares	48,00,000 shares
OFS Issue Size (Amount)	up to ₹2,106.60 Cr	up to ₹721.44 Cr
Issue Size Total	70,21,99,262 shares	2,87,52,095 shares
Issue Size Total (Amount)	up to ₹2,106.60 Cr	up to ₹4,321.44 Cr

IPO Timetable

Sagility India IPO opens on Nov 05, 2024, while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Sagility India IPO and Waaree Energies IPO is Nov 07, 2024, and Oct 23, 2024, respectively.

	Sagility India IPO	Waaree Energies IPO
Anchor Bid Date	Nov 04, 2024	Oct 18, 2024
Issue Open	Nov 05, 2024	Oct 21, 2024
Issue Close	Nov 07, 2024	Oct 23, 2024
Basis Of Allotment (Tentative)	Nov 08, 2024	Oct 24, 2024
Initiation of Refunds (Tentative)	Nov 08, 2024	Oct 25, 2024
Credit of Share (Tentative)	Nov 11, 2024	Oct 25, 2024
Listing date (Tentative)	Nov 12, 2024	Oct 28, 2024
Anchor Lockin End date 1	Dec 08, 2024	Nov 22, 2024
Anchor Lockin End date 2	Feb 06, 2025	Jan 21, 2025

Financials

Sagility India IPO P/E ratio is 61.52, as compared to Waaree Energies IPO P/E ratio of 30.87.

Sagility India IPO

Waaree Energies IPO

Financial

Sagility India Limited Financial Information (Restated Consolidated)

Sagility India Limited's revenue increased by 13% and profit after tax (PAT) rose by 59% 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	10,388.01	10,664.2	10,590.48	10,096.28
Revenue	1,247.76	4,781.5	4,236.06	944.39
Profit After Tax	22.29	228.27	143.57	-4.67
Net Worth	7,608.16	6,443.13	6,206.67	4,026.62
Reserves and Surplus	2,704.28	1,855.44	4,013.38	2,073.8
Total Borrowing	943.91	1,933.52	2,347.94	4,239.23
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)

97.39%

71.80%

Promoter Shareholding (Post-Issue)

82.39%

64.30%

P/E Ratio

61.52

30.87

Market Cap

₹14043.99 Cr.

₹42939.36 Cr.

ROE

8.79%%

ROCE

9.45%%

Debt/Equity

0.15

0.06

EPS

₹0.49

₹48.69

RoNW

0.29%

8.81%%

Shares Offered

In the Sagility India IPO retail investors (RII) are offered 7,00,29,926 shares while in Waaree Energies IPO retail investors are offered 7,00,29,926 shares. Qualified institutional buyers (QIB) are offered 21,00,89,779 shares in Sagility India IPO and 56,63,925 shares in Waaree Energies IPO.

	Sagility India IPO	Waaree Energies IPO
Anchor Investor Reserveration	31,51,34,668 shares	84,95,887 shares
Market Maker Reserveration
QIB	21,00,89,779 shares	56,63,925 shares
NII	10,50,44,889 shares	42,47,945 shares
RII	7,00,29,926 shares	99,11,869 shares
Employee	19,00,000 shares	4,32,468 shares
Others
Total	38,70,64,594 shares	2,02,56,207 shares

Bids Received (Subscription)

Sagility India IPO subscribed 3.20x in total, whereas Waaree Energies IPO subscribed 79.44x.

	Sagility India IPO	Waaree Energies IPO
QIB (times)	3.52x	215.03x
NII (times)	1.93x	65.25x
Big NII (times)	1.69x	71.32x
Small NII (times)	2.41x	53.10x
RII (times)	4.16x	11.27x
Employee (times)	3.75x	5.45x
Other (times)
Total (times)	3.20x	79.44x

Compare with others

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

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