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Arkade Developers IPO vs Tolins Tyres IPO

Comparision between Arkade Developers IPO and Tolins Tyres IPO.

IPO Details

Arkade Developers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tolins Tyres IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

  Arkade Developers IPO Tolins Tyres IPO
Logo Arkade Developers IPO Logo Tolins Tyres 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 Saffron Capital Advisors Private Limited
Registrar Bigshare Services Pvt Ltd Cameo Corporate Services 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 Arkade Developers IPO is up to ₹410.00 Cr whereas the issue size of the Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Arkade Developers IPO is ₹128.00 per share and of Tolins Tyres IPO is ₹226.00 per share.

  Arkade Developers IPO Tolins Tyres IPO
Face Value ₹10 per share ₹5 per share
Issue Price (Lower) ₹121.00 per share ₹215.00 per share
Issue Price (Upper) ₹128.00 per share ₹226.00 per share
Issue Price (Final) ₹128.00 per share ₹226.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 110 shares 66 shares
Fresh Issue Size 3,20,31,250 shares 88,49,558 shares
Fresh Issue Size (Amount) up to ₹410.00 Cr up to ₹200.00 Cr
OFS Issue Size 13,27,434 shares
OFS Issue Size (Amount) up to ₹30.00 Cr
Issue Size Total 3,20,31,250 shares 1,01,76,992 shares
Issue Size Total (Amount) up to ₹410.00 Cr up to ₹230.00 Cr

IPO Timetable

Arkade Developers IPO opens on Sep 16, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Arkade Developers IPO and Tolins Tyres IPO is Sep 19, 2024, and Sep 11, 2024, respectively.

  Arkade Developers IPO Tolins Tyres IPO
Anchor Bid Date Sep 13, 2024 Sep 06, 2024
Issue Open Sep 16, 2024 Sep 09, 2024
Issue Close Sep 19, 2024 Sep 11, 2024
Basis Of Allotment (Tentative) Sep 20, 2024 Sep 12, 2024
Initiation of Refunds (Tentative) Sep 23, 2024 Sep 13, 2024
Credit of Share (Tentative) Sep 23, 2024 Sep 13, 2024
Listing date (Tentative) Sep 24, 2024 Sep 16, 2024
Anchor Lockin End date 1 Oct 20, 2024 Oct 12, 2024
Anchor Lockin End date 2 Dec 19, 2024 Dec 11, 2024

Financials

Arkade Developers IPO P/E ratio is 16.01, as compared to Tolins Tyres IPO P/E ratio of 26.64.

  Arkade Developers IPO Tolins Tyres 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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets575.01555.41369.97
Revenue635.71224.01237.18
Profit After Tax122.8150.7750.84
Net Worth323.4200.32149.5
Reserves and Surplus171.4198.32147.49
Total Borrowing69.4114964.41
Amount in ₹ Crore

Tolins Tyres Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 2024
Assets221.6
Revenue228.69
Profit After Tax26.01
Net Worth100.53
Reserves and Surplus85.07
Total Borrowing78.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue) 85.58% 92.64%
Promoter Shareholding (Post-Issue) 70.82% 68.53%
P/E Ratio 16.01 26.64
Market Cap ₹2376.41 Cr. ₹892.90 Cr.
ROE 46.90%% 25.87%%
ROCE 47.34%% 36.08%%
Debt/Equity 0.21 0.78
EPS ₹7.99 ₹8.48
RoNW 46.90%% 25.87%%

Shares Offered

In the Arkade Developers IPO retail investors (RII) are offered 1,11,56,250 shares while in Tolins Tyres IPO retail investors are offered 1,11,56,250 shares. Qualified institutional buyers (QIB) are offered 63,75,000 shares in Arkade Developers IPO and 20,35,398 shares in Tolins Tyres IPO.

  Arkade Developers IPO Tolins Tyres IPO
Anchor Investor Reserveration 95,62,500 shares 30,53,097 shares
Market Maker Reserveration
QIB 63,75,000 shares 20,35,398 shares
NII 47,81,250 shares 15,26,549 shares
RII 1,11,56,250 shares 35,61,947 shares
Employee 0 shares 0 shares
Others
Total 2,23,12,500 shares 71,23,894 shares

Bids Received (Subscription)

Arkade Developers IPO subscribed 113.49x in total, whereas Tolins Tyres IPO subscribed 25.03x.

  Arkade Developers IPO Tolins Tyres IPO
QIB (times) 172.60x 26.72x
NII (times) 172.22x 28.80x
Big NII (times) 169.95x 26.39x
Small NII (times) 176.76x 33.63x
RII (times) 53.78x 22.45x
Employee (times)
Other (times)
Total (times) 113.49x 25.03x

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