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H.M.Electro Mech IPO vs Ken Enterprises IPO

Comparison between H.M.Electro Mech IPO and Ken Enterprises IPO.

IPO Details

H.M.Electro Mech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ken Enterprises IPO is a SME Fixed Price proposed to list at NSE SME.

 H.M.Electro Mech IPOKen Enterprises IPO
LogoH.M.Electro Mech IPO LogoKen Enterprises IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Corporate Makers Capital Ltd.
RegistrarCameo Corporate Services Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of H.M.Electro Mech IPO is up to ₹26.35 Cr whereas the issue size of the Ken Enterprises IPO is up to ₹79.47 Cr. The final issue price of H.M.Electro Mech IPO is ₹75.00 per share and of Ken Enterprises IPO is ₹94.00 per share.

 H.M.Electro Mech IPOKen Enterprises 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)₹75.00 per share₹94.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size35,13,600 shares57,54,000 shares
Fresh Issue Size (Amount)up to ₹26.35 Crup to ₹54.09 Cr
OFS Issue Size0 shares27,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹25.38 Cr
Issue Size Total35,13,600 shares84,54,000 shares
Issue Size Total (Amount)up to ₹26.35 Crup to ₹79.47 Cr

IPO Timetable

H.M.Electro Mech IPO opens on Jan 24, 2025, while Ken Enterprises IPO opens on Feb 05, 2025. The closing date of H.M.Electro Mech IPO and Ken Enterprises IPO is Jan 28, 2025, and Feb 07, 2025, respectively.

 H.M.Electro Mech IPOKen Enterprises IPO
Anchor Bid DateJan 23, 2025
Issue OpenJan 24, 2025Feb 05, 2025
Issue CloseJan 28, 2025Feb 07, 2025
Basis Of Allotment (Tentative)Jan 29, 2025Feb 10, 2025
Initiation of Refunds (Tentative)Jan 30, 2025Feb 11, 2025
Credit of Share (Tentative)Jan 30, 2025Feb 11, 2025
Listing date (Tentative)Jan 31, 2025Feb 12, 2025
Anchor Lockin End date 1Feb 28, 2025
Anchor Lockin End date 2Apr 29, 2025

Financials & KPIs

H.M.Electro Mech IPO P/E ratio is 9.16, as compared to Ken Enterprises IPO P/E ratio of 19.34.

 H.M.Electro Mech IPOKen Enterprises IPO
Financials

H.M. Electro Mech Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets85.9972.1564.0844.34
Total Income45.43117.3101.6762.03
Profit After Tax3.348.196.012.58
Net Worth35.4232.2724.0818.07
Reserves and Surplus25.4222.2714.088.07
Total Borrowing7.3312.256.40.18
Amount in ₹ Crore

Ken Enterprises Limited Financial Information (Restated Consolidated)

Period Ended30 Nov 202431 Mar 202431 Mar 202331 Mar 2022
Assets266.3242.15195.16187.26
Total Income332.85409.13375.23360.32
Profit After Tax9.538.933.952.36
Net Worth54.3844.8535.9331.98
Reserves and Surplus36.0142.2733.3429.39
Total Borrowing43.1447.8449.4541.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.4781.21
Promoter Shareholding (Post-Issue)71.1549.72
P/E Ratio9.1619.34
Market Cap₹102.74 Cr.₹230.92 Cr.
ROE29.06%19.90%
ROCE33.28%51.52%
Debt/Equity0.380.09
EPS₹8.19₹4.86
RoNW25.37%19.90%

Shares Offered

In the H.M.Electro Mech IPO Retail Individual Investors (RII) are offered 12,30,400 shares while in Ken Enterprises IPO retail investors are offered 12,30,400 shares. Qualified Institutional Buyers (QIB) are offered 7,02,400 shares in H.M.Electro Mech IPO and 0 shares in Ken Enterprises IPO.

 H.M.Electro Mech IPOKen Enterprises IPO
Anchor Investor Reserveration10,52,800 shares0 shares
Market Maker Reserveration1,85,600 shares4,45,200 shares
QIB7,02,400 shares0 shares
NII5,28,000 shares17,23,200 shares
RII12,30,400 shares67,30,800 shares
Employee0 shares0 shares
Others
Total35,13,600 shares84,54,000 shares

Bids Received (Subscription)

H.M.Electro Mech IPO subscribed 91.75x in total, whereas Ken Enterprises IPO subscribed 4.36x.

 H.M.Electro Mech IPOKen Enterprises IPO
QIB (times)16.01x
NII (times)183.65x1.75x
Big NII (times)
Small NII (times)
RII (times)95.55x6.86x
Employee (times)
Other (times)
Total (times)91.75x4.36x