Comparison between HRH Next IPO and Kay Cee Energy IPO.
IPO Details
HRH Next IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Kay Cee Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of HRH Next IPO is up to ₹9.08 Cr whereas the issue size of the Kay Cee Energy IPO is up to ₹14.90 Cr. The final issue price of HRH Next IPO is ₹36.00 per share and of Kay Cee Energy IPO is ₹54.00 per share.
IPO Timetable
HRH Next IPO opens on Dec 27, 2023, while Kay Cee Energy IPO opens on Dec 28, 2023. The closing date of HRH Next IPO and Kay Cee Energy IPO is Dec 29, 2023, and Jan 02, 2024, respectively.
| | HRH Next IPO | Kay Cee Energy IPO |
|---|
| Anchor Bid Date | | Dec 27, 2023 |
| Issue Open | Dec 27, 2023 | Dec 28, 2023 |
| Issue Close | Dec 29, 2023 | Jan 02, 2024 |
| Basis Of Allotment (Tentative) | Jan 01, 2024 | Jan 03, 2024 |
| Initiation of Refunds (Tentative) | Jan 02, 2024 | Jan 03, 2024 |
| Credit of Share (Tentative) | Jan 02, 2024 | Jan 04, 2024 |
| Listing date (Tentative) | Jan 03, 2024 | Jan 05, 2024 |
| Anchor Lockin End date 1 | | Feb 02, 2024 |
| Anchor Lockin End date 2 | | Apr 02, 2024 |
Financials & KPIs
HRH Next IPO P/E ratio is 6.78, as compared to Kay Cee Energy IPO P/E ratio of 7.59.
Shares Offered
In the HRH Next IPO Retail Individual Investors (RII) are offered 12,63,000 shares while in Kay Cee Energy IPO retail investors are offered 12,63,000 shares. Qualified Institutional Buyers (QIB) are offered in HRH Next IPO and 5,56,000 shares in Kay Cee Energy IPO.
| | HRH Next IPO | Kay Cee Energy IPO |
|---|
| Anchor Investor Reservation | | 8,00,000 shares |
| Market Maker Reservation | 1,35,000 shares | 1,90,000 shares |
| QIB | | 5,56,000 shares |
| NII | 12,60,000 shares | 4,22,000 shares |
| RII | 12,63,000 shares | 9,82,000 shares |
| Employee | | |
| Others | | |
| Total | 25,23,000 shares | 27,60,000 shares |
Bids Received (Subscription)
HRH Next IPO subscribed 66.29x in total, whereas Kay Cee Energy IPO subscribed 1,052.45x.