Bhatia Colour Chem IPO vs KN Agri Resources IPO

Comparison between Bhatia Colour Chem IPO and KN Agri Resources IPO.

IPO Details

Bhatia Colour Chem IPO is a SME Bookbuilding IPO proposed to list at BSE SME while KN Agri Resources IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bhatia Colour Chem IPO is up to ₹37.89 Cr whereas the issue size of the KN Agri Resources IPO is up to ₹46.88 Cr. The final issue price of Bhatia Colour Chem IPO is ₹80.00 per share and of KN Agri Resources IPO is ₹75.00 per share.

 Bhatia Colour Chem IPOKN Agri Resources IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹75.00 per share
Issue Price (Final)₹80.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1600 shares
Fresh Issue Size47,36,000 shares62,51,200 shares
Fresh Issue Size (Amount)up to ₹37.89 Crup to ₹46.88 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,36,000 shares62,51,200 shares
Issue Size Total (Amount)up to ₹37.89 Crup to ₹46.88 Cr

IPO Timetable

Bhatia Colour Chem IPO opens on Mar 14, 2022, while KN Agri Resources IPO opens on Mar 15, 2022. The closing date of Bhatia Colour Chem IPO and KN Agri Resources IPO is Mar 16, 2022, and Mar 17, 2022, respectively.

 Bhatia Colour Chem IPOKN Agri Resources IPO
Anchor Bid DateMar 14, 2022
Issue OpenMar 14, 2022Mar 15, 2022
Issue CloseMar 16, 2022Mar 17, 2022
Basis Of Allotment (Tentative)Mar 21, 2022Mar 23, 2022
Initiation of Refunds (Tentative)Mar 24, 2022
Credit of Share (Tentative)Mar 25, 2022
Listing date (Tentative)Mar 24, 2022Mar 28, 2022
Anchor Lockin End date 1Apr 22, 2022

Financials & KPIs

Bhatia Colour Chem IPO P/E ratio is 166, as compared to KN Agri Resources IPO P/E ratio of 5.57.

 Bhatia Colour Chem IPOKN Agri Resources IPO
Financials

Company Financials (Restated Consolidated)

Period Ended18 Feb 2022
Assets37.28
Total Income5.32
Profit After Tax0.35
EBITDA0.54
NET Worth16.67
Reserves and Surplus9.44
Total Borrowing0.16
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets201.89192.55148.35194.66
Total Income594.671,301.19853.201,292.47
Profit After Tax16.8426.1913.2123.40
EBITDA24.2941.5824.0434.99
Reserves and Surplus157.20140.25131.11117.91
Total Borrowing1.2722.5711.3760.27
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.65%99.99%
Promoter Shareholding (Post-Issue)44.14%73.66%
P/E Ratio1665.57
Market Cap₹97.87 Cr.₹187.49 Cr.
ROE16.51
ROCE24.98
Debt/Equity0.14
EPS₹14.22
RoNW16.51

Shares Offered

In the Bhatia Colour Chem IPO Retail Individual Investors (RII) are offered 23,68,000 shares while in KN Agri Resources IPO retail investors are offered 23,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhatia Colour Chem IPO and 12,49,600 shares in KN Agri Resources IPO.

 Bhatia Colour Chem IPOKN Agri Resources IPO
Anchor Investor Reservation18,73,600 shares
Market Maker Reservation2,64,000 shares3,32,800 shares
QIB12,49,600 shares
NII23,68,000 shares9,39,200 shares
RII23,68,000 shares21,88,800 shares
Total47,36,000 shares62,51,200 shares

Bids Received (Subscription)

Bhatia Colour Chem IPO subscribed 1.43x in total, whereas KN Agri Resources IPO subscribed 151.90x.

 Bhatia Colour Chem IPOKN Agri Resources IPO
QIB (times)26.65x
NII (times)2.69x771.64x
RII (times)0.18x87.52x
Total (times)1.43x151.90x

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Bhatia Colour Chem IPO Vs KN Agri Resources IPO