C P S Shapers IPO vs Kahan Packaging IPO

Comparison between C P S Shapers IPO and Kahan Packaging IPO.

IPO Details

C P S Shapers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kahan Packaging IPO is a SME Fixed Price proposed to list at BSE SME.

	C P S Shapers IPO	Kahan Packaging IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	BSE SME
Lead Managers	Shreni Shares Ltd.	Hem Securities Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Purva Sharegistry (India) Pvt.Ltd.
Market Maker	Shreni Shares Ltd.	Hem Finlease Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of C P S Shapers IPO is up to ₹10.52 Cr whereas the issue size of the Kahan Packaging IPO is up to ₹5.44 Cr. The final issue price of C P S Shapers IPO is ₹185.00 per share and of Kahan Packaging IPO is ₹80.00 per share.

	C P S Shapers IPO	Kahan Packaging IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹185.00 per share	₹80.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	600 shares	1600 shares
Fresh Issue Size	5,68,800 shares	6,80,000 shares
Fresh Issue Size (Amount)	up to ₹10.52 Cr	up to ₹5.44 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	5,68,800 shares	6,80,000 shares
Issue Size Total (Amount)	up to ₹10.52 Cr	up to ₹5.44 Cr

IPO Timetable

C P S Shapers IPO opens on Aug 29, 2023, while Kahan Packaging IPO opens on Sep 06, 2023. The closing date of C P S Shapers IPO and Kahan Packaging IPO is Aug 31, 2023, and Sep 08, 2023, respectively.

	C P S Shapers IPO	Kahan Packaging IPO
Anchor Bid Date
Issue Open	Aug 29, 2023	Sep 06, 2023
Issue Close	Aug 31, 2023	Sep 08, 2023
Basis Of Allotment (Tentative)	Sep 05, 2023	Sep 13, 2023
Initiation of Refunds (Tentative)	Sep 06, 2023	Sep 14, 2023
Credit of Share (Tentative)	Sep 07, 2023	Sep 15, 2023
Listing date (Tentative)	Sep 07, 2023	Sep 15, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

C P S Shapers IPO P/E ratio is 11.28, as compared to Kahan Packaging IPO P/E ratio of 7.74.

C P S Shapers IPO

Kahan Packaging IPO

Financials

C P S Shapers IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,102.02	1,275.48	1,751.20
Total Income	1,441.71	2,668.84	3,696.16
Profit After Tax	38.05	157.06	246.09
Net Worth	-228.03	-70.97	175.12
Reserves and Surplus	-278.03	-120.97	125.12
Total Borrowing	947.57	935.57	1,043.66

Amount in ₹ Lakhs

Kahan Packaging IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,046.79	898.33	975.15	1,449.34
Total Income	1,357.76	1,212.81	1,590.63	1,755.93
Profit After Tax	1.05	1.57	19.77	103.38
Net Worth	48.19	49.75	69.53	172.91
Reserves and Surplus	-1.81	-0.25	19.53	72.91
Total Borrowing	490.93	442.29	616.58	773.90

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.80

99.95

Promoter Shareholding (Post-Issue)

73.49

P/E Ratio

11.28

7.74

Market Cap

₹38.85 Cr.

₹21.76 Cr.

ROE

4.73%

85.28%

ROCE

0.28%

19.77%

Debt/Equity

5.96

4.48

EPS

₹16.41

₹10.34

RoNW

140.53%

59.79%

Shares Offered

In the C P S Shapers IPO Retail Individual Investors (RII) are offered 2,84,400 shares while in Kahan Packaging IPO retail investors are offered 2,84,400 shares. Qualified Institutional Buyers (QIB) are offered in C P S Shapers IPO and in Kahan Packaging IPO.

	C P S Shapers IPO	Kahan Packaging IPO
Anchor Investor Reserveration
Market Maker Reserveration	31,200 shares	40,000 shares
QIB
NII	2,84,400 shares	3,39,200 shares
RII	2,84,400 shares	3,40,800 shares
Employee
Others
Total	5,68,800 shares	6,80,000 shares

Bids Received (Subscription)

C P S Shapers IPO subscribed 253.97x in total, whereas Kahan Packaging IPO subscribed 730.45x.

	C P S Shapers IPO	Kahan Packaging IPO
QIB (times)
NII (times)	198.17x	405.59x
Big NII (times)
Small NII (times)
RII (times)	301.03x	1,042.37x
Employee (times)
Other (times)
Total (times)	253.97x	730.45x

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