Akanksha Power IPO vs Kaushalya Logistics IPO

Comparison between Akanksha Power IPO and Kaushalya Logistics IPO.

IPO Details

Akanksha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Kaushalya Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Akanksha Power IPO is up to ₹26.06 Cr whereas the issue size of the Kaushalya Logistics IPO is up to ₹34.76 Cr. The final issue price of Akanksha Power IPO is ₹55.00 per share and of Kaushalya Logistics IPO is ₹75.00 per share.

 Akanksha Power IPOKaushalya Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹52.00 per share₹71.00 per share
Issue Price (Upper)₹55.00 per share₹75.00 per share
Issue Price (Final)₹55.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size47,38,000 shares31,35,200 shares
Fresh Issue Size (Amount)up to ₹26.06 Crup to ₹23.51 Cr
OFS Issue Size0 shares15,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.25 Cr
Issue Size Total47,38,000 shares46,35,200 shares
Issue Size Total (Amount)up to ₹26.06 Crup to ₹34.76 Cr

IPO Timetable

Akanksha Power IPO opens on Dec 27, 2023, while Kaushalya Logistics IPO opens on Dec 29, 2023. The closing date of Akanksha Power IPO and Kaushalya Logistics IPO is Dec 29, 2023, and Jan 03, 2024, respectively.

 Akanksha Power IPOKaushalya Logistics IPO
Anchor Bid DateDec 26, 2023Dec 28, 2023
Issue OpenDec 27, 2023Dec 29, 2023
Issue CloseDec 29, 2023Jan 03, 2024
Basis Of Allotment (Tentative)Jan 01, 2024Jan 04, 2024
Initiation of Refunds (Tentative)Jan 02, 2024Jan 05, 2024
Credit of Share (Tentative)Jan 02, 2024Jan 05, 2024
Listing date (Tentative)Jan 03, 2024Jan 08, 2024
Anchor Lockin End date 1Jan 31, 2024Feb 03, 2024
Anchor Lockin End date 2Mar 31, 2024Apr 03, 2024

Financials & KPIs

Akanksha Power IPO P/E ratio is 24.02, as compared to Kaushalya Logistics IPO P/E ratio of 0.16.

 Akanksha Power IPOKaushalya Logistics IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets55.3147.6338.3937.81
Total Income10.2746.4452.0774.41
Profit After Tax0.712.912.413.92
NET Worth20.7515.9613.0510.65
Reserves and Surplus7.2314.1411.248.83
Total Borrowing17.2315.2810.558.91
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets168.42140.7064.9432.76
Total Income570.53632.1663.5933.28
Profit After Tax2.157.063.773.00
NET Worth21.4819.3412.278.50
Reserves and Surplus21.3319.1912.128.35
Total Borrowing54.8932.1324.7710.70
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.2899.99
Promoter Shareholding (Post-Issue)60.8172.98
P/E Ratio24.020.16
Market Cap₹101.85 Cr.₹138.98 Cr.
ROE18.20%36.50
ROCE22.75%70.48
Debt/Equity0.963.40
EPS₹2.29₹470.58
RoNW18.20%36.50

Shares Offered

In the Akanksha Power IPO Retail Individual Investors (RII) are offered 16,60,000 shares while in Kaushalya Logistics IPO retail investors are offered 16,60,000 shares. Qualified Institutional Buyers (QIB) are offered 9,48,000 shares in Akanksha Power IPO and 9,82,400 shares in Kaushalya Logistics IPO.

 Akanksha Power IPOKaushalya Logistics IPO
Anchor Investor Reservation14,18,000 shares13,34,400 shares
Market Maker Reservation2,60,000 shares2,44,800 shares
QIB9,48,000 shares9,82,400 shares
NII7,12,000 shares6,96,000 shares
RII16,60,000 shares16,22,400 shares
Employee
Others
Total47,38,000 shares46,35,200 shares

Bids Received (Subscription)

Akanksha Power IPO subscribed 117.39x in total, whereas Kaushalya Logistics IPO subscribed 390.88x.

 Akanksha Power IPOKaushalya Logistics IPO
QIB (times)38.51x92.62x
NII (times)238.60x847.88x
Big NII (times)
Small NII (times)
RII (times)110.44x375.44x
Employee (times)
Other (times)
Total (times)117.39x390.88x

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