Comparison between AIK Pipes IPO and Kay Cee Energy IPO.
IPO Details
AIK Pipes IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Kay Cee Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of AIK Pipes IPO is up to ₹14.27 Cr whereas the issue size of the Kay Cee Energy IPO is up to ₹14.90 Cr. The final issue price of AIK Pipes IPO is ₹89.00 per share and of Kay Cee Energy IPO is ₹54.00 per share.
IPO Timetable
AIK Pipes IPO opens on Dec 26, 2023, while Kay Cee Energy IPO opens on Dec 28, 2023. The closing date of AIK Pipes IPO and Kay Cee Energy IPO is Dec 28, 2023, and Jan 02, 2024, respectively.
| | AIK Pipes IPO | Kay Cee Energy IPO |
|---|
| Anchor Bid Date | | Dec 27, 2023 |
| Issue Open | Dec 26, 2023 | Dec 28, 2023 |
| Issue Close | Dec 28, 2023 | Jan 02, 2024 |
| Basis Of Allotment (Tentative) | Dec 29, 2023 | Jan 03, 2024 |
| Initiation of Refunds (Tentative) | Jan 01, 2024 | Jan 03, 2024 |
| Credit of Share (Tentative) | Jan 01, 2024 | Jan 04, 2024 |
| Listing date (Tentative) | Jan 02, 2024 | Jan 05, 2024 |
| Anchor Lockin End date 1 | | Feb 02, 2024 |
| Anchor Lockin End date 2 | | Apr 02, 2024 |
Financials & KPIs
AIK Pipes IPO P/E ratio is 21.54, as compared to Kay Cee Energy IPO P/E ratio of 7.59.
Shares Offered
In the AIK Pipes IPO Retail Individual Investors (RII) are offered 8,01,600 shares while in Kay Cee Energy IPO retail investors are offered 8,01,600 shares. Qualified Institutional Buyers (QIB) are offered in AIK Pipes IPO and 5,56,000 shares in Kay Cee Energy IPO.
| | AIK Pipes IPO | Kay Cee Energy IPO |
|---|
| Anchor Investor Reservation | | 8,00,000 shares |
| Market Maker Reservation | 84,800 shares | 1,90,000 shares |
| QIB | | 5,56,000 shares |
| NII | 8,01,600 shares | 4,22,000 shares |
| RII | 8,01,600 shares | 9,82,000 shares |
| Employee | | |
| Others | | |
| Total | 16,03,200 shares | 27,60,000 shares |
Bids Received (Subscription)
AIK Pipes IPO subscribed 43.57x in total, whereas Kay Cee Energy IPO subscribed 1,052.45x.