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Astonea Labs IPO vs Kenrik Industries IPO

Comparison between Astonea Labs IPO and Kenrik Industries IPO.

IPO Details

Astonea Labs IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kenrik Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Astonea Labs IPOKenrik Industries IPO
LogoAstonea Labs IPO LogoKenrik Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersOneview Corporate Advisors Pvt.Ltd.Turnaround Corporate Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerBasan Equity Broking Ltd.Mnm Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Astonea Labs IPO is up to ₹35.72 Cr whereas the issue size of the Kenrik Industries IPO is up to ₹8.30 Cr. The final issue price of Astonea Labs IPO is ₹135.00 per share and of Kenrik Industries IPO is ₹25.00 per share.

 Astonea Labs IPOKenrik Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹128.00 per share
Issue Price (Upper)₹135.00 per share
Issue Price (Final)₹135.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares6000 shares
Fresh Issue Size26,46,000 shares33,18,000 shares
Fresh Issue Size (Amount)up to ₹35.72 Crup to ₹8.30 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,46,000 shares33,18,000 shares
Issue Size Total (Amount)up to ₹35.72 Crup to ₹8.30 Cr

IPO Timetable

Astonea Labs IPO opens on May 27, 2025, while Kenrik Industries IPO opens on Apr 29, 2025. The closing date of Astonea Labs IPO and Kenrik Industries IPO is May 29, 2025, and May 06, 2025, respectively.

 Astonea Labs IPOKenrik Industries IPO
Anchor Bid DateMay 26, 2025
Issue OpenMay 27, 2025Apr 29, 2025
Issue CloseMay 29, 2025May 06, 2025
Basis Of Allotment (Tentative)May 30, 2025May 07, 2025
Initiation of Refunds (Tentative)Jun 02, 2025May 08, 2025
Credit of Share (Tentative)Jun 02, 2025May 08, 2025
Listing date (Tentative)Jun 03, 2025May 09, 2025
Anchor Lockin End date 1Jun 29, 2025
Anchor Lockin End date 2Aug 28, 2025

Financials & KPIs

Astonea Labs IPO P/E ratio is 27.36, as compared to Kenrik Industries IPO P/E ratio of 20.74.

 Astonea Labs IPOKenrik Industries IPO
Financials

Astonea Labs Ltd Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets96.5280.8964.2852.91
Total Income69.6980.2967.2630.17
Profit After Tax4.103.810.670.25
Net Worth17.2811.978.167.49
Reserves and Surplus9.564.374.163.49
Total Borrowing49.4842.4035.9929.52
Amount in ₹ Crore

Kenrik Industries Limited Financial Information (Restated)

Period Ended31 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets15.9815.815.5912.47
Total Income42.1970.9752.0432.69
Profit After Tax0.781.080.470.39
Net Worth13.3712.5911.511.03
Total Borrowing0.990.780.570.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.4299.996
Promoter Shareholding (Post-Issue)72.3072.01
P/E Ratio27.3620.74
Market Cap₹141.90 Cr.₹31.24 Cr.
ROE37.86%9.01%
ROCE22.95%10.85%
Debt/Equity2.160.06
EPS₹4.93₹1.21
RoNW31.83%8.62%

Shares Offered

In the Astonea Labs IPO Retail Individual Investors (RII) are offered 9,27,000 shares while in Kenrik Industries IPO retail investors are offered 9,27,000 shares. Qualified Institutional Buyers (QIB) are offered 5,30,000 shares in Astonea Labs IPO and 0 shares in Kenrik Industries IPO.

 Astonea Labs IPOKenrik Industries IPO
Anchor Investor Reserveration7,90,000 shares
Market Maker Reserveration1,44,000 shares1,80,000 shares
QIB5,30,000 shares0 shares
NII3,99,000 shares16,56,000 shares
RII9,27,000 shares16,62,000 shares
Employee0 shares
Others
Total26,46,000 shares33,18,000 shares

Bids Received (Subscription)

Astonea Labs IPO subscribed 1.79x in total, whereas Kenrik Industries IPO subscribed 2.00x.

 Astonea Labs IPOKenrik Industries IPO
QIB (times)0.70x
NII (times)5.60x0.20x
Big NII (times)
Small NII (times)
RII (times)1.69x3.79x
Employee (times)
Other (times)
Total (times)1.79x2.00x