Kahan Packaging IPO vs Meson Valves IPO

Comparison between Kahan Packaging IPO and Meson Valves IPO.

IPO Details

Kahan Packaging IPO is a SME Fixed Price IPO proposed to list at BSE SME while Meson Valves IPO is a SME Fixed Price proposed to list at BSE SME.

	Kahan Packaging IPO	Meson Valves IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Ltd.	Shreni Shares Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Shreni Shares Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Kahan Packaging IPO is up to ₹5.44 Cr whereas the issue size of the Meson Valves IPO is up to ₹29.50 Cr. The final issue price of Kahan Packaging IPO is ₹80.00 per share and of Meson Valves IPO is ₹102.00 per share.

	Kahan Packaging IPO	Meson Valves IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹80.00 per share	₹102.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	6,80,000 shares	28,92,000 shares
Fresh Issue Size (Amount)	up to ₹5.44 Cr	up to ₹29.50 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	6,80,000 shares	28,92,000 shares
Issue Size Total (Amount)	up to ₹5.44 Cr	up to ₹29.50 Cr

IPO Timetable

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

	Kahan Packaging IPO	Meson Valves IPO
Anchor Bid Date
Issue Open	Sep 06, 2023	Sep 08, 2023
Issue Close	Sep 08, 2023	Sep 12, 2023
Basis Of Allotment (Tentative)	Sep 13, 2023	Sep 15, 2023
Initiation of Refunds (Tentative)	Sep 14, 2023	Sep 18, 2023
Credit of Share (Tentative)	Sep 15, 2023	Sep 20, 2023
Listing date (Tentative)	Sep 15, 2023	Sep 21, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Kahan Packaging IPO P/E ratio is 7.74, as compared to Meson Valves IPO P/E ratio of 15.47.

Kahan Packaging IPO

Meson Valves IPO

Financials

Kahan Packaging IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,046.79	898.33	975.15	1,449.34
Total Income	1,357.76	1,212.81	1,590.63	1,755.93
Profit After Tax	1.05	1.57	19.77	103.38
Net Worth	48.19	49.75	69.53	172.91
Reserves and Surplus	-1.81	-0.25	19.53	72.91
Total Borrowing	490.93	442.29	616.58	773.90

Amount in ₹ Lakhs

Meson Valves India IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,105.58	2,738.78	4,509.01
Total Income	1,542.35	1,431.57	3,719.30
Profit After Tax	11.81	212.54	452.43
Net Worth	55.17	267.71	1,849.57
Reserves and Surplus	48.17	260.71	1,157.32
Total Borrowing	918.26	923.93	1,124.16

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.95

46.91

Promoter Shareholding (Post-Issue)

73.49

32.83

P/E Ratio

7.74

15.47

Market Cap

₹21.76 Cr.

₹103.63 Cr.

ROE

85.28%

ROCE

19.77%

Debt/Equity

4.48

EPS

₹10.34

₹6.59

RoNW

59.79%

24.46%

Shares Offered

In the Kahan Packaging IPO Retail Individual Investors (RII) are offered 3,40,800 shares while in Meson Valves IPO retail investors are offered 3,40,800 shares. Qualified Institutional Buyers (QIB) are offered in Kahan Packaging IPO and in Meson Valves IPO.

	Kahan Packaging IPO	Meson Valves IPO
Anchor Investor Reserveration
Market Maker Reserveration	40,000 shares	1,56,000 shares
QIB
NII	3,39,200 shares	14,46,000 shares
RII	3,40,800 shares	14,46,000 shares
Employee
Others
Total	6,80,000 shares	28,92,000 shares

Bids Received (Subscription)

Kahan Packaging IPO subscribed 730.45x in total, whereas Meson Valves IPO subscribed 173.65x.

	Kahan Packaging IPO	Meson Valves IPO
QIB (times)
NII (times)	405.59x	132.74x
Big NII (times)
Small NII (times)
RII (times)	1,042.37x	203.02x
Employee (times)
Other (times)
Total (times)	730.45x	173.65x

Compare with others

Kahan Packaging IPO	Meson Valves IPO
Kundan Edifice IPO	Holmarc Opto-Mechatronics IPO
Meson Valves IPO	Digikore Studios IPO
Chavda Infra IPO	Madhusudan Masala IPO
Jiwanram Sheoduttrai IPO	Cellecor Gadgets IPO
Unihealth Consultancy IPO	Kundan Edifice IPO
Pramara Promotions IPO	Chavda Infra IPO
Saroja Pharma IPO	Jiwanram Sheoduttrai IPO
Basilic Fly Studio IPO	Unihealth Consultancy IPO
C P S Shapers IPO	Kahan Packaging IPO
Mono Pharmacare IPO	Pramara Promotions IPO