Australian Premium Solar IPO vs Kaushalya Logistics IPO

Comparison between Australian Premium Solar IPO and Kaushalya Logistics IPO.

IPO Details

Australian Premium Solar 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 Australian Premium Solar IPO is up to ₹26.68 Cr whereas the issue size of the Kaushalya Logistics IPO is up to ₹34.76 Cr. The final issue price of Australian Premium Solar IPO is ₹54.00 per share and of Kaushalya Logistics IPO is ₹75.00 per share.

 Australian Premium Solar IPOKaushalya Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹71.00 per share
Issue Price (Upper)₹54.00 per share₹75.00 per share
Issue Price (Final)₹54.00 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 Size49,40,000 shares31,35,200 shares
Fresh Issue Size (Amount)up to ₹26.68 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 Total49,40,000 shares46,35,200 shares
Issue Size Total (Amount)up to ₹26.68 Crup to ₹34.76 Cr

IPO Timetable

Australian Premium Solar IPO opens on Jan 11, 2024, while Kaushalya Logistics IPO opens on Dec 29, 2023. The closing date of Australian Premium Solar IPO and Kaushalya Logistics IPO is Jan 15, 2024, and Jan 03, 2024, respectively.

 Australian Premium Solar IPOKaushalya Logistics IPO
Anchor Bid DateJan 10, 2024Dec 28, 2023
Issue OpenJan 11, 2024Dec 29, 2023
Issue CloseJan 15, 2024Jan 03, 2024
Basis Of Allotment (Tentative)Jan 16, 2024Jan 04, 2024
Initiation of Refunds (Tentative)Jan 17, 2024Jan 05, 2024
Credit of Share (Tentative)Jan 17, 2024Jan 05, 2024
Listing date (Tentative)Jan 18, 2024Jan 08, 2024
Anchor Lockin End date 1Feb 15, 2024Feb 03, 2024
Anchor Lockin End date 2Apr 15, 2024Apr 03, 2024

Financials & KPIs

Australian Premium Solar IPO P/E ratio is 23.58, as compared to Kaushalya Logistics IPO P/E ratio of 0.16.

 Australian Premium Solar IPOKaushalya Logistics IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets44.1739.1934.6835.02
Total Income50.2794.9698.3374.44
Profit After Tax1.133.332.701.80
NET Worth15.6314.4711.138.47
Reserves and Surplus1.0914.4511.118.45
Total Borrowing1.962.222.993.29
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)99.9899.99
Promoter Shareholding (Post-Issue)73.6472.98
P/E Ratio23.580.16
Market Cap₹106.60 Cr.₹138.98 Cr.
ROE26.05%36.50
ROCE30.62%70.48
Debt/Equity0.153.40
EPS₹2.29₹470.58
RoNW23.05%36.50

Shares Offered

In the Australian Premium Solar IPO Retail Individual Investors (RII) are offered 17,30,000 shares while in Kaushalya Logistics IPO retail investors are offered 17,30,000 shares. Qualified Institutional Buyers (QIB) are offered 9,88,000 shares in Australian Premium Solar IPO and 9,82,400 shares in Kaushalya Logistics IPO.

 Australian Premium Solar IPOKaushalya Logistics IPO
Anchor Investor Reservation14,80,000 shares13,34,400 shares
Market Maker Reservation2,60,000 shares2,44,800 shares
QIB9,88,000 shares9,82,400 shares
NII7,42,000 shares6,96,000 shares
RII17,30,000 shares16,22,400 shares
Employee
Others
Total49,40,000 shares46,35,200 shares

Bids Received (Subscription)

Australian Premium Solar IPO subscribed 464.19x in total, whereas Kaushalya Logistics IPO subscribed 390.88x.

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