Bharat Highways InvIT InvIT vs Krystal Integrated IPO

Comparison between Bharat Highways InvIT InvIT and Krystal Integrated IPO.

IPO Details

Bharat Highways InvIT InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Krystal Integrated IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bharat Highways InvIT InvIT is up to ₹2,500.00 Cr whereas the issue size of the Krystal Integrated IPO is up to ₹300.12 Cr. The final issue price of Bharat Highways InvIT InvIT is ₹100.00 per share and of Krystal Integrated IPO is ₹715.00 per share.

 Bharat Highways InvIT InvITKrystal Integrated IPO
Face Value₹10 per share
Issue Price (Lower)₹98.00 per share₹680.00 per share
Issue Price (Upper)₹100.00 per share₹715.00 per share
Issue Price (Final)₹100.00 per share₹715.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size150 shares20 shares
Fresh Issue Size24,99,99,900 shares24,47,552 shares
Fresh Issue Size (Amount)up to ₹2,500.00 Crup to ₹175.00 Cr
OFS Issue Size0 shares17,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹125.13 Cr
Issue Size Total24,99,99,900 shares41,97,552 shares
Issue Size Total (Amount)up to ₹2,500.00 Crup to ₹300.12 Cr

IPO Timetable

Bharat Highways InvIT InvIT opens on Feb 28, 2024, while Krystal Integrated IPO opens on Mar 14, 2024. The closing date of Bharat Highways InvIT InvIT and Krystal Integrated IPO is Mar 01, 2024, and Mar 18, 2024, respectively.

 Bharat Highways InvIT InvITKrystal Integrated IPO
Anchor Bid DateFeb 27, 2024Mar 13, 2024
Issue OpenFeb 28, 2024Mar 14, 2024
Issue CloseMar 01, 2024Mar 18, 2024
Basis Of Allotment (Tentative)Mar 06, 2024Mar 19, 2024
Initiation of Refunds (Tentative)Mar 07, 2024Mar 20, 2024
Credit of Share (Tentative)Mar 07, 2024Mar 20, 2024
Listing date (Tentative)Mar 12, 2024Mar 21, 2024
Anchor Lockin End date 1Apr 05, 2024Apr 18, 2024
Anchor Lockin End date 2Jun 04, 2024Jun 17, 2024

Financials & KPIs

Bharat Highways InvIT InvIT P/E ratio is , as compared to Krystal Integrated IPO P/E ratio of 21.45.

 Bharat Highways InvIT InvITKrystal Integrated IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,916.806,056.285,536.404,943.95
Total Income388.541,537.471,600.182,170.39
Profit After Tax101.35527.0562.87149.45
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets449.83343.47404.39338.47
Total Income455.67710.97554.86474.31
Profit After Tax20.5638.4126.1516.65
NET Worth183.68163.41163.86136.08
Reserves and Surplus170.09155.27156.04129.76
Total Borrowing103.3647.9972.5565.31
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99
Promoter Shareholding (Post-Issue)
P/E Ratio21.45
Market Cap₹998.99 Cr.
ROE11.71%
ROCE16.97%
Debt/Equity0.58
EPS₹33.33
RoNW11.21%

Shares Offered

In the Bharat Highways InvIT InvIT Retail Individual Investors (RII) are offered 0 shares while in Krystal Integrated IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 5,50,65,000 shares in Bharat Highways InvIT InvIT and 8,39,510 shares in Krystal Integrated IPO.

 Bharat Highways InvIT InvITKrystal Integrated IPO
Anchor Investor Reservation8,25,97,350 shares12,59,265 shares
Market Maker Reservation0 shares
QIB5,50,65,000 shares8,39,510 shares
NII4,58,87,550 shares6,29,633 shares
RII0 shares14,69,144 shares
Employee0 shares
Others
Total24,99,99,900 shares41,97,552 shares

Bids Received (Subscription)

Bharat Highways InvIT InvIT subscribed 6.74x in total, whereas Krystal Integrated IPO subscribed 13.49x.

 Bharat Highways InvIT InvITKrystal Integrated IPO
QIB (times)6.59x7.32x
NII (times)45.23x
Big NII (times)52.07x
Small NII (times)31.54x
RII (times)3.42x
Employee (times)
Other (times)6.93x
Total (times)6.74x13.49x

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Bharat Highways InvIT InvIT Vs Krystal Integrated IPO