ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

HRH Next IPO vs Kaushalya Logistics IPO

Comparison between HRH Next IPO and Kaushalya Logistics IPO.

IPO Details

HRH Next IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Kaushalya Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.

 HRH Next IPOKaushalya Logistics IPO
LogoHRH Next IPO LogoKaushalya Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Khandwala Securities Ltd.
RegistrarCameo Corporate Services Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of HRH Next IPO is up to ₹9.08 Cr whereas the issue size of the Kaushalya Logistics IPO is up to ₹34.76 Cr. The final issue price of HRH Next IPO is ₹36.00 per share and of Kaushalya Logistics IPO is ₹75.00 per share.

 HRH Next IPOKaushalya Logistics 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)₹36.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size25,23,000 shares31,35,200 shares
Fresh Issue Size (Amount)up to ₹9.08 Crup to ₹23.51 Cr
OFS Issue Size0 shares15,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.25 Cr
Issue Size Total25,23,000 shares46,35,200 shares
Issue Size Total (Amount)up to ₹9.08 Crup to ₹34.76 Cr

IPO Timetable

HRH Next IPO opens on Dec 27, 2023, while Kaushalya Logistics IPO opens on Dec 29, 2023. The closing date of HRH Next IPO and Kaushalya Logistics IPO is Dec 29, 2023, and Jan 03, 2024, respectively.

 HRH Next IPOKaushalya Logistics IPO
Anchor Bid DateDec 28, 2023
Issue OpenDec 27, 2023Dec 29, 2023
Issue CloseDec 29, 2023Jan 03, 2024
Basis Of Allotment (Tentative)Jan 01, 2024Jan 04, 2024
Initiation of Refunds (Tentative)Jan 02, 2024Jan 05, 2024
Credit of Share (Tentative)Jan 02, 2024Jan 05, 2024
Listing date (Tentative)Jan 03, 2024Jan 08, 2024
Anchor Lockin End date 1Feb 03, 2024
Anchor Lockin End date 2Apr 03, 2024

Financials & KPIs

HRH Next IPO P/E ratio is 6.78, as compared to Kaushalya Logistics IPO P/E ratio of 0.16.

 HRH Next IPOKaushalya Logistics IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets31.1428.8218.6512.98
Total Income21.5351.2544.2824.24
Profit After Tax1.513.480.930.25
NET Worth13.2110.456.976.04
Reserves and Surplus6.6610.256.775.84
Total Borrowing10.849.914.434.02
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets168.42140.7064.9432.76
Total Income570.53632.1663.5933.28
Profit After Tax2.157.063.773.00
NET Worth21.4819.3412.278.50
Reserves and Surplus21.3319.1912.128.35
Total Borrowing54.8932.1324.7710.70
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.8899.99
Promoter Shareholding (Post-Issue)69.6172.98
P/E Ratio6.780.16
Market Cap₹33.14 Cr.₹138.98 Cr.
ROE39.9436.50
ROCE46.5770.48
Debt/Equity0.123.40
EPS₹5.31₹470.58
RoNW33.2936.50

Shares Offered

In the HRH Next IPO Retail Individual Investors (RII) are offered 12,63,000 shares while in Kaushalya Logistics IPO retail investors are offered 12,63,000 shares. Qualified Institutional Buyers (QIB) are offered in HRH Next IPO and 9,82,400 shares in Kaushalya Logistics IPO.

 HRH Next IPOKaushalya Logistics IPO
Anchor Investor Reservation13,34,400 shares
Market Maker Reservation1,35,000 shares2,44,800 shares
QIB9,82,400 shares
NII12,60,000 shares6,96,000 shares
RII12,63,000 shares16,22,400 shares
Employee
Others
Total25,23,000 shares46,35,200 shares

Bids Received (Subscription)

HRH Next IPO subscribed 66.29x in total, whereas Kaushalya Logistics IPO subscribed 390.88x.

 HRH Next IPOKaushalya Logistics IPO
QIB (times)92.62x
NII (times)66.91x847.88x
Big NII (times)
Small NII (times)
RII (times)63.61x375.44x
Employee (times)
Other (times)
Total (times)66.29x390.88x

Compare with others

HRH Next IPOKaushalya Logistics IPO
Addictive Learning Technology IPOShree Marutinandan Tubes IPO
IBL Finance IPOAustralian Premium Solar IPO
New Swan Multitech IPOAddictive Learning Technology IPO
Kaushalya Logistics IPOIBL Finance IPO
Akanksha Power IPONew Swan Multitech IPO
Manoj Ceramic IPOAkanksha Power IPO
Kay Cee Energy IPOHRH Next IPO
Shri Balaji Valve Components IPOManoj Ceramic IPO
AIK Pipes IPOKay Cee Energy IPO
Indifra IPOShri Balaji Valve Components IPO

Compare:

HRH Next IPO Vs Kaushalya Logistics IPO