K2 Infragen IPO vs Yash Optics IPO

Comparison between K2 Infragen IPO and Yash Optics IPO.

IPO Details

K2 Infragen IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Yash Optics IPO is a SME Bookbuilding proposed to list at NSE SME.

	K2 Infragen IPO	Yash Optics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Expert Global Consultants Pvt.Ltd.	Shreni Shares Ltd.
Registrar	Kfin Technologies Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of K2 Infragen IPO is up to ₹37.57 Cr whereas the issue size of the Yash Optics IPO is up to ₹50.47 Cr. The final issue price of K2 Infragen IPO is ₹119.00 per share and of Yash Optics IPO is ₹81.00 per share.

	K2 Infragen IPO	Yash Optics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹111.00 per share	₹75.00 per share
Issue Price (Upper)	₹119.00 per share	₹81.00 per share
Issue Price (Final)	₹119.00 per share	₹81.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	31,57,200 shares	62,30,400 shares
Fresh Issue Size (Amount)	up to ₹37.57 Cr	up to ₹50.47 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	31,57,200 shares	62,30,400 shares
Issue Size Total (Amount)	up to ₹37.57 Cr	up to ₹50.47 Cr

IPO Timetable

K2 Infragen IPO opens on Mar 28, 2024, while Yash Optics IPO opens on Mar 27, 2024. The closing date of K2 Infragen IPO and Yash Optics IPO is Apr 03, 2024, and Apr 03, 2024, respectively.

	K2 Infragen IPO	Yash Optics IPO
Anchor Bid Date	Mar 27, 2024	Mar 26, 2024
Issue Open	Mar 28, 2024	Mar 27, 2024
Issue Close	Apr 03, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 04, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 05, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 05, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 08, 2024	Apr 08, 2024
Anchor Lockin End date 1	May 04, 2024	May 04, 2024
Anchor Lockin End date 2	Jul 03, 2024	Jul 03, 2024

Financials & KPIs

K2 Infragen IPO P/E ratio is 9.68, as compared to Yash Optics IPO P/E ratio of 18.28.

K2 Infragen IPO

Yash Optics IPO

Financials

K2 Infragen Limited Financial Information (Restated Consolidated)

K2 Infragen Limited's revenue increased by 103.25% and profit after tax (PAT) rose by 463.79% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,378.79	5,690.40	2,591.14	2,220.52
Total Income	5,967.98	7,490.08	3,685.20	3,568.05
Profit After Tax	607.45	1,132.32	-311.26	22.49
Net Worth	2,535.32	1,392.45	133.84	115.49
Reserves and Surplus	1,611.24	1,165.10	-96.26	-46.56
Amount in ₹ Lakhs

Yash Optics & Lens Limited Financial Information (Restated)

Yash Optics & Lens Limited's revenue increased by 33.3% and profit after tax (PAT) rose by 18.32% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,412.63	3,414.26	2,444.86	1,215.25
Total Income	1,869.16	3,980.39	2,986.04	1,498.24
Profit After Tax	422.52	806.58	681.67	106.31
Net Worth	2,334.01	1,911.50	1,104.92	426.61
Reserves and Surplus	2,333.01	1,910.50	1,103.92	425.61
Total Borrowing	2,452.69	1,085.63	402.36	585.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

55.29

97.45

Promoter Shareholding (Post-Issue)

40.36

71.63

P/E Ratio

9.68

18.28

Market Cap

₹150.16 Cr.

₹200.60 Cr.

ROE

23.96%

18.10

ROCE

19.91%

10.38

Debt/Equity

0.87

1.05

EPS

₹12.29

₹4.43

RoNW

23.9%

18.09%

Shares Offered

In the K2 Infragen IPO Retail Individual Investors (RII) are offered 11,05,200 shares while in Yash Optics IPO retail investors are offered 11,05,200 shares. Qualified Institutional Buyers (QIB) are offered 6,31,200 shares in K2 Infragen IPO and 11,64,800 shares in Yash Optics IPO.

	K2 Infragen IPO	Yash Optics IPO
Anchor Investor Reserveration	9,46,800 shares	17,02,400 shares
Market Maker Reserveration	2,49,600 shares	3,31,200 shares
QIB	6,31,200 shares	11,64,800 shares
NII	4,74,000 shares	11,10,400 shares
RII	11,05,200 shares	22,52,800 shares
Employee
Others
Total	31,57,200 shares	62,30,400 shares

Bids Received (Subscription)

K2 Infragen IPO subscribed 51.47x in total, whereas Yash Optics IPO subscribed 42.17x.

	K2 Infragen IPO	Yash Optics IPO
QIB (times)	23.37x	19.88x
NII (times)	113.98x	85.27x
Big NII (times)
Small NII (times)
RII (times)	40.70x	32.46x
Employee (times)
Other (times)
Total (times)	51.47x	42.17x

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