Afcons Infrastructure IPO vs Waaree Energies IPO

Comparision between Afcons Infrastructure IPO and Waaree Energies IPO.

IPO Details

Afcons Infrastructure 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.

	Afcons Infrastructure 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 Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Jefferies India Private Limited Nomura Financial Advisory And Securities (India) Pvt Ltd Nuvama Wealth Management Limited SBI Capital Markets 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
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Afcons Infrastructure IPO is up to ₹7,000.00 Cr whereas the issue size of the Waaree Energies IPO is up to ₹4,321.44 Cr. The final issue price of Afcons Infrastructure IPO is and of Waaree Energies IPO is .

	Afcons Infrastructure IPO	Waaree Energies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹1,427.00 per share
Issue Price (Upper)		₹1,503.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size		9 shares
Fresh Issue Size		2,39,52,095 shares
Fresh Issue Size (Amount)	up to ₹1,250.00 Cr	up to ₹3,600.00 Cr
OFS Issue Size		48,00,000 shares
OFS Issue Size (Amount)	up to ₹5,750.00 Cr	up to ₹721.44 Cr
Issue Size Total		2,87,52,095 shares
Issue Size Total (Amount)	up to ₹7,000.00 Cr	up to ₹4,321.44 Cr

IPO Timetable

Afcons Infrastructure IPO opens on , while Waaree Energies IPO opens on Oct 21, 2024. The closing date of Afcons Infrastructure IPO and Waaree Energies IPO is , and Oct 23, 2024, respectively.

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

Financials

Afcons Infrastructure IPO P/E ratio is , as compared to Waaree Energies IPO P/E ratio of 30.87.

Afcons Infrastructure IPO

Waaree Energies IPO

Financial

Afcons Infrastructure Limited Financial Information (Restated Consolidated)

Afcons Infrastructure Limited's revenue increased by 6% and profit after tax (PAT) rose by 9% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	16,233.64	14,301.25	12,973.77	12,489.94
Revenue	13,646.88	12,844.09	11,269.55	9,521.12
Profit After Tax	449.76	410.86	357.61	169.91
Net Worth		3,155.06	2,691.03	2,369.47
Reserves and Surplus	2,718.55	2,132.55
Total Borrowing		1,562.82	1,555.2	1,588.59
Amount in ₹ Crore

Waaree Energies Limited Financial Information (Restated Consolidated)

Waaree Energies Limited's revenue increased by 70% and profit after tax (PAT) rose by 155% 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	2,237.4
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	2,464.69	3,825	585.96	230.43
Total Borrowing	261.24	317.32	273.48	313.08
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

99.48%

71.80%

Promoter Shareholding (Post-Issue)

64.30%

P/E Ratio

30.87

Market Cap

₹42939.36 Cr.

ROE

8.79%%

ROCE

9.45%%

Debt/Equity

0.06

EPS

₹48.69

RoNW

8.81%%

Shares Offered

In the Afcons Infrastructure IPO retail investors (RII) are offered while in Waaree Energies IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Afcons Infrastructure IPO and in Waaree Energies IPO.

	Afcons Infrastructure IPO	Waaree Energies IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee		4,32,468 shares
Others
Total

Bids Received (Subscription)

Afcons Infrastructure IPO subscribed in total, whereas Waaree Energies IPO subscribed .

	Afcons Infrastructure IPO	Waaree Energies IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

Compare with others

Afcons Infrastructure IPO	Waaree Energies IPO
Deepak Builders & Engineers IPO	Deepak Builders & Engineers IPO
Waaree Energies IPO	Garuda Construction and Engineering IPO
Garuda Construction and Engineering IPO	Afcons Infrastructure IPO
Hyundai Motor IPO	Hyundai Motor IPO
Diffusion Engineers IPO	Diffusion Engineers IPO
Manba Finance IPO	Manba Finance IPO
KRN Heat Exchanger IPO
Northern Arc Capital IPO

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