Comparison between Chavda Infra IPO and Kahan Packaging IPO.
IPO Details
Chavda Infra 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.
Issue Size and Price
The total issue size of Chavda Infra IPO is up to ₹41.08 Cr whereas the issue size of the Kahan Packaging IPO is up to ₹5.44 Cr. The final issue price of Chavda Infra IPO is ₹65.00 per share and of Kahan Packaging IPO is ₹80.00 per share.
IPO Timetable
Chavda Infra IPO opens on Sep 12, 2023, while Kahan Packaging IPO opens on Sep 06, 2023. The closing date of Chavda Infra IPO and Kahan Packaging IPO is Sep 14, 2023, and Sep 08, 2023, respectively.
| | Chavda Infra IPO | Kahan Packaging IPO |
|---|
| Anchor Bid Date | Sep 11, 2023 | |
| Issue Open | Sep 12, 2023 | Sep 06, 2023 |
| Issue Close | Sep 14, 2023 | Sep 08, 2023 |
| Basis Of Allotment (Tentative) | Sep 20, 2023 | Sep 13, 2023 |
| Initiation of Refunds (Tentative) | Sep 21, 2023 | Sep 14, 2023 |
| Credit of Share (Tentative) | Sep 22, 2023 | Sep 15, 2023 |
| Listing date (Tentative) | Sep 25, 2023 | Sep 15, 2023 |
| Anchor Lockin End date 1 | Oct 20, 2023 | |
| Anchor Lockin End date 2 | Dec 19, 2023 | |
Financials & KPIs
Chavda Infra IPO P/E ratio is 9.72, as compared to Kahan Packaging IPO P/E ratio of 7.74.
Shares Offered
In the Chavda Infra IPO Retail Individual Investors (RII) are offered 22,12,000 shares while in Kahan Packaging IPO retail investors are offered 22,12,000 shares. Qualified Institutional Buyers (QIB) are offered 12,64,000 shares in Chavda Infra IPO and in Kahan Packaging IPO.
| | Chavda Infra IPO | Kahan Packaging IPO |
|---|
| Anchor Investor Reservation | 18,96,000 shares | |
| Market Maker Reservation | 3,36,000 shares | 40,000 shares |
| QIB | 12,64,000 shares | |
| NII | 9,48,000 shares | 3,39,200 shares |
| RII | 22,12,000 shares | 3,40,800 shares |
| Employee | | |
| Others | | |
| Total | 63,20,000 shares | 6,80,000 shares |
Bids Received (Subscription)
Chavda Infra IPO subscribed 180.06x in total, whereas Kahan Packaging IPO subscribed 730.45x.
