Barflex Polyfilms IPO vs Kabra Jewels IPO

Comparison between Barflex Polyfilms IPO and Kabra Jewels IPO.

IPO Details

Barflex Polyfilms IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Kabra Jewels IPO is a SME Bookbuilding proposed to list at NSE SME.

	Barflex Polyfilms IPO	Kabra Jewels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Almondz Financial Services Ltd.	Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
Registrar	Maashitla Securities Pvt.Ltd.	Cameo Corporate Services Ltd.
Market Maker	Almondz Global Securities Ltd.	Giriraj Stock Broking Pvt.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 Barflex Polyfilms IPO is up to ₹37.40 Cr whereas the issue size of the Kabra Jewels IPO is up to ₹36.29 Cr. The final issue price of Barflex Polyfilms IPO is ₹60.00 per share and of Kabra Jewels IPO is ₹128.00 per share.

	Barflex Polyfilms IPO	Kabra Jewels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹57.00 per share	₹121.00 per share
Issue Price (Upper)	₹60.00 per share	₹128.00 per share
Issue Price (Final)	₹60.00 per share	₹128.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	17,18,000 shares	28,35,000 shares
Fresh Issue Size (Amount)	up to ₹10.31 Cr	up to ₹36.29 Cr
OFS Issue Size	45,16,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹27.10 Cr	up to ₹0.00 Cr
Issue Size Total	62,34,000 shares	28,35,000 shares
Issue Size Total (Amount)	up to ₹37.40 Cr	up to ₹36.29 Cr

IPO Timetable

Barflex Polyfilms IPO opens on Jan 10, 2025, while Kabra Jewels IPO opens on Jan 15, 2025. The closing date of Barflex Polyfilms IPO and Kabra Jewels IPO is Jan 15, 2025, and Jan 17, 2025, respectively.

	Barflex Polyfilms IPO	Kabra Jewels IPO
Anchor Bid Date	Jan 09, 2025	Jan 14, 2025
Issue Open	Jan 10, 2025	Jan 15, 2025
Issue Close	Jan 15, 2025	Jan 17, 2025
Basis Of Allotment (Tentative)	Jan 16, 2025	Jan 20, 2025
Initiation of Refunds (Tentative)	Jan 17, 2025	Jan 21, 2025
Credit of Share (Tentative)	Jan 17, 2025	Jan 21, 2025
Listing date (Tentative)	Jan 20, 2025	Jan 22, 2025
Anchor Lockin End date 1	Feb 15, 2025	Feb 19, 2025
Anchor Lockin End date 2	Apr 16, 2025	Apr 20, 2025

Financials & KPIs

Barflex Polyfilms IPO P/E ratio is 8.39, as compared to Kabra Jewels IPO P/E ratio of 10.03.

Barflex Polyfilms IPO

Kabra Jewels IPO

Financials

Barflex Polyfilms Limited Financial Information (Restated)

Period Ended	30 Nov 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,823.88	7,241.01	5,665.06	4,528.96
Total Income	7,802.09	11,612.11	11,040.76	9,410.27
Profit After Tax	1,349.28	1,623.55	1,013.07	794.09
Net Worth	7,732.15	6,382.87	4,759.32	3,746.26
Reserves and Surplus	5,462.45	4,113.17	2,489.62	1,476.56
Total Borrowing	11.51	13.59	16.5	25.87
Amount in ₹ Lakhs

Kabra Jewels Limited Financial Information (Restated)

Period Ended	30 Nov 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	16,942.59	14,056.17	11,307.33	7,401.16
Total Income	12,548.47	16,424.32	12,234.02	11,212.54
Profit After Tax	880.89	939.64	440.58	540.46
Net Worth	3,986.78	3,105.88	2,166.24	1,725.66
Reserves and Surplus	3,250.78	3,059.88	2,120.24	1,679.66
Total Borrowing	10,307.08	8,996.84	6,982.62	4,730.26
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.66

89.12

Promoter Shareholding (Post-Issue)

66.73

62.55

P/E Ratio

8.39

10.03

Market Cap

₹148.50 Cr.

₹134.21 Cr.

ROE

25.44%

30.25%

ROCE

27.21%

18.23%

Debt/Equity

2.90

EPS

₹7.15

₹12.77

RoNW

25.44%

30.25%

Shares Offered

In the Barflex Polyfilms IPO Retail Individual Investors (RII) are offered 21,82,000 shares while in Kabra Jewels IPO retail investors are offered 21,82,000 shares. Qualified Institutional Buyers (QIB) are offered 12,48,000 shares in Barflex Polyfilms IPO and 5,67,000 shares in Kabra Jewels IPO.

	Barflex Polyfilms IPO	Kabra Jewels IPO
Anchor Investor Reserveration	18,68,000 shares	8,49,000 shares
Market Maker Reserveration	3,34,000 shares	2,90,000 shares
QIB	12,48,000 shares	5,67,000 shares
NII	9,36,000 shares	4,26,000 shares
RII	21,82,000 shares	9,93,000 shares
Employee	0 shares	0 shares
Others
Total	62,34,000 shares	28,35,000 shares

Bids Received (Subscription)

Barflex Polyfilms IPO subscribed 151.52x in total, whereas Kabra Jewels IPO subscribed 356.02x.

	Barflex Polyfilms IPO	Kabra Jewels IPO
QIB (times)	78.22x	154.53x
NII (times)	373.12x	556.90x
Big NII (times)
Small NII (times)
RII (times)	98.48x	384.90x
Employee (times)
Other (times)
Total (times)	151.52x	356.02x

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