Comparison between Bizotic Commercial IPO and Kaka Industries IPO.
IPO Details
Bizotic Commercial IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Kaka Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Bizotic Commercial IPO is up to ₹40.10 Cr whereas the issue size of the Kaka Industries IPO is up to ₹20.11 Cr. The final issue price of Bizotic Commercial IPO is ₹175.00 per share and of Kaka Industries IPO is ₹58.00 per share.
IPO Timetable
Bizotic Commercial IPO opens on Jun 12, 2023, while Kaka Industries IPO opens on Jul 10, 2023. The closing date of Bizotic Commercial IPO and Kaka Industries IPO is Jun 15, 2023, and Jul 12, 2023, respectively.
| | Bizotic Commercial IPO | Kaka Industries IPO |
|---|
| Anchor Bid Date | | Jul 09, 2023 |
| Issue Open | Jun 12, 2023 | Jul 10, 2023 |
| Issue Close | Jun 15, 2023 | Jul 12, 2023 |
| Basis Of Allotment (Tentative) | Jun 20, 2023 | Jul 17, 2023 |
| Initiation of Refunds (Tentative) | Jun 21, 2023 | Jul 18, 2023 |
| Credit of Share (Tentative) | Jun 22, 2023 | Jul 19, 2023 |
| Listing date (Tentative) | Jun 23, 2023 | Jul 19, 2023 |
| Anchor Lockin End date 1 | | Aug 16, 2023 |
| Anchor Lockin End date 2 | | Oct 15, 2023 |
Financials & KPIs
Bizotic Commercial IPO P/E ratio is 36.38, as compared to Kaka Industries IPO P/E ratio of 11.03.
Shares Offered
In the Bizotic Commercial IPO Retail Individual Investors (RII) are offered 11,45,600 shares while in Kaka Industries IPO retail investors are offered 11,45,600 shares. Qualified Institutional Buyers (QIB) are offered in Bizotic Commercial IPO and 6,94,000 shares in Kaka Industries IPO.
| | Bizotic Commercial IPO | Kaka Industries IPO |
|---|
| Anchor Investor Reservation | | 10,38,000 shares |
| Market Maker Reservation | 1,20,800 shares | 1,92,000 shares |
| QIB | | 6,94,000 shares |
| NII | 11,45,600 shares | 5,22,000 shares |
| RII | 11,45,600 shares | 12,14,000 shares |
| Total | 22,91,200 shares | 34,68,000 shares |
Bids Received (Subscription)
Bizotic Commercial IPO subscribed 1.87x in total, whereas Kaka Industries IPO subscribed 205.06x.
