Comparison between Harsha Engineers IPO and Kaynes Technology IPO.
Harsha Engineers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kaynes Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Harsha Engineers IPO is up to ₹755.00 Cr whereas the issue size of the Kaynes Technology IPO is up to ₹857.82 Cr. The final issue price of Harsha Engineers IPO is ₹330.00 per share and of Kaynes Technology IPO is ₹587.00 per share.
| Harsha Engineers IPO | Kaynes Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹314.00 per share | ₹559.00 per share |
| Issue Price (Upper) | ₹330.00 per share | ₹587.00 per share |
| Issue Price (Final) | ₹330.00 per share | ₹587.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹31.00 per share | ₹0.00 per share |
| Market Lot Size | 45 shares | 25 shares |
| Fresh Issue Size | 1,37,95,695 shares | 90,28,960 shares |
| Fresh Issue Size (Amount) | up to ₹455.10 Cr | up to ₹530.00 Cr |
| OFS Issue Size | 90,90,900 shares | 55,84,664 shares |
| OFS Issue Size (Amount) | up to ₹299.90 Cr | up to ₹327.82 Cr |
| Issue Size Total | 2,28,86,595 shares | 1,46,13,624 shares |
| Issue Size Total (Amount) | up to ₹755.00 Cr | up to ₹857.82 Cr |
Harsha Engineers IPO opens on Sep 14, 2022, while Kaynes Technology IPO opens on Nov 10, 2022. The closing date of Harsha Engineers IPO and Kaynes Technology IPO is Sep 16, 2022, and Nov 14, 2022, respectively.
| Harsha Engineers IPO | Kaynes Technology IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2022 | Nov 09, 2022 |
| Issue Open | Sep 14, 2022 | Nov 10, 2022 |
| Issue Close | Sep 16, 2022 | Nov 14, 2022 |
| Basis Of Allotment (Tentative) | Sep 21, 2022 | Nov 17, 2022 |
| Initiation of Refunds (Tentative) | Sep 22, 2022 | Nov 18, 2022 |
| Credit of Share (Tentative) | Sep 23, 2022 | Nov 21, 2022 |
| Listing date (Tentative) | Sep 26, 2022 | Nov 22, 2022 |
| Anchor Lockin End date 1 | Oct 21, 2022 | Dec 17, 2022 |
| Anchor Lockin End date 2 | Dec 20, 2022 | Feb 15, 2023 |
Harsha Engineers IPO P/E ratio is 32.67, as compared to Kaynes Technology IPO P/E ratio of 84.95.
| Harsha Engineers IPO | Kaynes Technology IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.70 | 79.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.6 | 67.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.67 | 84.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3004.20 Cr. | ₹3412.97 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17 | 24.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23 | 24.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.74 | 0.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.06 | ₹9.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.42 | 20.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Harsha Engineers IPO Retail Individual Investors (RII) are offered 79,81,065 shares while in Kaynes Technology IPO retail investors are offered 79,81,065 shares. Qualified Institutional Buyers (QIB) are offered 45,60,615 shares in Harsha Engineers IPO and 29,17,614 shares in Kaynes Technology IPO.
| Harsha Engineers IPO | Kaynes Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 68,40,855 shares | 43,76,421 shares |
| Market Maker Reservation | ||
| QIB | 45,60,615 shares | 29,17,614 shares |
| NII | 34,20,450 shares | 21,88,211 shares |
| RII | 79,81,065 shares | 51,05,825 shares |
| Employee | 83,610 shares | 25,553 shares |
| Others | ||
| Total | 2,28,86,595 shares | 1,46,13,624 shares |
Harsha Engineers IPO subscribed 74.70x in total, whereas Kaynes Technology IPO subscribed 34.16x.
| Harsha Engineers IPO | Kaynes Technology IPO | |
|---|---|---|
| QIB (times) | 178.26x | 98.47x |
| NII (times) | 71.32x | 21.21x |
| Big NII (times) | 74.78x | 23.07x |
| Small NII (times) | 64.41x | 17.47x |
| RII (times) | 17.63x | 4.10x |
| Employee (times) | 12.07x | 11.92x |
| Other (times) | ||
| Total (times) | 74.70x | 34.16x |
