Chavda Infra IPO vs Kahan Packaging IPO

Comparison between Chavda Infra IPO and Kahan Packaging IPO.

IPO Details

Chavda Infra IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kahan Packaging IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Chavda Infra IPO is up to ₹41.08 Cr whereas the issue size of the Kahan Packaging IPO is up to ₹5.44 Cr. The final issue price of Chavda Infra IPO is ₹65.00 per share and of Kahan Packaging IPO is ₹80.00 per share.

 Chavda Infra IPOKahan Packaging IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹65.00 per share
Issue Price (Final)₹65.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size63,20,000 shares6,80,000 shares
Fresh Issue Size (Amount)up to ₹41.08 Crup to ₹5.44 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total63,20,000 shares6,80,000 shares
Issue Size Total (Amount)up to ₹41.08 Crup to ₹5.44 Cr

IPO Timetable

Chavda Infra IPO opens on Sep 12, 2023, while Kahan Packaging IPO opens on Sep 06, 2023. The closing date of Chavda Infra IPO and Kahan Packaging IPO is Sep 14, 2023, and Sep 08, 2023, respectively.

 Chavda Infra IPOKahan Packaging IPO
Anchor Bid DateSep 11, 2023
Issue OpenSep 12, 2023Sep 06, 2023
Issue CloseSep 14, 2023Sep 08, 2023
Basis Of Allotment (Tentative)Sep 20, 2023Sep 13, 2023
Initiation of Refunds (Tentative)Sep 21, 2023Sep 14, 2023
Credit of Share (Tentative)Sep 22, 2023Sep 15, 2023
Listing date (Tentative)Sep 25, 2023Sep 15, 2023
Anchor Lockin End date 1Oct 20, 2023
Anchor Lockin End date 2Dec 19, 2023

Financials & KPIs

Chavda Infra IPO P/E ratio is 9.72, as compared to Kahan Packaging IPO P/E ratio of 7.74.

 Chavda Infra IPOKahan Packaging IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets154.24108.8186.68
Total Income162.03109.8891.31
Profit After Tax12.055.214.44
NET Worth30.4018.3613.14
Reserves and Surplus12.4016.8611.64
Total Borrowing53.2949.9333.30
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets14.499.758.9810.47
Total Income17.5615.9112.1313.58
Profit After Tax1.030.200.020.01
NET Worth1.730.700.500.48
Reserves and Surplus0.730.20-0.00-0.02
Total Borrowing7.746.174.424.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.95
Promoter Shareholding (Post-Issue)7373.49
P/E Ratio9.727.74
Market Cap₹160.26 Cr.₹21.76 Cr.
ROE49.41%85.28%
ROCE43.62%19.77%
Debt/Equity1.754.48
EPS₹6.69₹10.34
RoNW39.62%59.79%

Shares Offered

In the Chavda Infra IPO Retail Individual Investors (RII) are offered 22,12,000 shares while in Kahan Packaging IPO retail investors are offered 22,12,000 shares. Qualified Institutional Buyers (QIB) are offered 12,64,000 shares in Chavda Infra IPO and in Kahan Packaging IPO.

 Chavda Infra IPOKahan Packaging IPO
Anchor Investor Reservation18,96,000 shares
Market Maker Reservation3,36,000 shares40,000 shares
QIB12,64,000 shares
NII9,48,000 shares3,39,200 shares
RII22,12,000 shares3,40,800 shares
Employee
Others
Total63,20,000 shares6,80,000 shares

Bids Received (Subscription)

Chavda Infra IPO subscribed 180.06x in total, whereas Kahan Packaging IPO subscribed 730.45x.

 Chavda Infra IPOKahan Packaging IPO
QIB (times)95.10x
NII (times)241.96x405.59x
Big NII (times)
Small NII (times)
RII (times)202.07x1,042.37x
Employee (times)
Other (times)
Total (times)180.06x730.45x

Compare with others

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Chavda Infra IPO Vs Kahan Packaging IPO