Avi Ansh Textile IPO vs Kalana Ispat IPO

Comparison between Avi Ansh Textile IPO and Kalana Ispat IPO.

IPO Details

Avi Ansh Textile IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kalana Ispat IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Avi Ansh Textile IPO is up to ₹24.68 Cr whereas the issue size of the Kalana Ispat IPO is up to ₹30.95 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Kalana Ispat IPO is ₹66.00 per share.

 Avi Ansh Textile IPOKalana Ispat IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹62.00 per share₹66.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size39,80,000 shares46,90,000 shares
Fresh Issue Size (Amount)up to ₹24.68 Crup to ₹30.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,80,000 shares46,90,000 shares
Issue Size Total (Amount)up to ₹24.68 Crup to ₹30.95 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while Kalana Ispat IPO opens on Sep 19, 2024. The closing date of Avi Ansh Textile IPO and Kalana Ispat IPO is Sep 24, 2024, and Sep 23, 2024, respectively.

Financials & KPIs

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Kalana Ispat IPO P/E ratio of 22.59.

 Avi Ansh Textile IPOKalana Ispat IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets65.2346.9243.3746.95
Total Income142.15121.50120.1772.64
Profit After Tax3.310.291.560.68
NET Worth15.8712.5712.3010.76
Reserves and Surplus6.092.782.510.98
Total Borrowing44.8131.9326.6033.75
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets18.8616.1712.6513.31
Total Income73.9483.3657.9342.98
Profit After Tax2.370.500.140.14
NET Worth10.824.423.923.76
Reserves and Surplus2.713.402.902.76
Total Borrowing4.618.622.612.63
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.67100
Promoter Shareholding (Post-Issue)66.9862.12
P/E Ratio18.3122.59
Market Cap₹86.67 Cr.₹86.08 Cr.
ROE20.8831.12
ROCE15.8821.20
Debt/Equity2.820.43
EPS₹3.39₹2.92
RoNW20.8821.88

Shares Offered

In the Avi Ansh Textile IPO Retail Individual Investors (RII) are offered 19,90,000 shares while in Kalana Ispat IPO retail investors are offered 19,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Avi Ansh Textile IPO and in Kalana Ispat IPO.

 Avi Ansh Textile IPOKalana Ispat IPO
Anchor Investor Reservation
Market Maker Reservation2,12,000 shares2,48,000 shares
QIB
NII19,90,000 shares23,44,000 shares
RII19,90,000 shares23,46,000 shares
Employee
Others
Total39,80,000 shares46,90,000 shares

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed 8.32x in total, whereas Kalana Ispat IPO subscribed 57.62x.

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