Kahan Packaging IPO vs Pramara Promotions IPO

Comparison between Kahan Packaging IPO and Pramara Promotions IPO.

IPO Details

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

	Kahan Packaging IPO	Pramara Promotions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Fedex Securities Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Pure Broking Pvt.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 Pramara Promotions IPO is up to ₹14.49 Cr. The final issue price of Kahan Packaging IPO is ₹80.00 per share and of Pramara Promotions IPO is ₹63.00 per share.

	Kahan Packaging IPO	Pramara Promotions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹80.00 per share	₹63.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	6,80,000 shares	23,00,000 shares
Fresh Issue Size (Amount)	up to ₹5.44 Cr	up to ₹14.49 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	23,00,000 shares
Issue Size Total (Amount)	up to ₹5.44 Cr	up to ₹14.49 Cr

IPO Timetable

Kahan Packaging IPO opens on Sep 06, 2023, while Pramara Promotions IPO opens on Sep 01, 2023. The closing date of Kahan Packaging IPO and Pramara Promotions IPO is Sep 08, 2023, and Sep 05, 2023, respectively.

	Kahan Packaging IPO	Pramara Promotions IPO
Anchor Bid Date
Issue Open	Sep 06, 2023	Sep 01, 2023
Issue Close	Sep 08, 2023	Sep 05, 2023
Basis Of Allotment (Tentative)	Sep 13, 2023	Sep 08, 2023
Initiation of Refunds (Tentative)	Sep 14, 2023	Sep 11, 2023
Credit of Share (Tentative)	Sep 15, 2023	Sep 12, 2023
Listing date (Tentative)	Sep 15, 2023	Sep 13, 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 Pramara Promotions IPO P/E ratio of .

Kahan Packaging IPO

Pramara Promotions 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

Pramara Promotions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	4,922.67	6,194.55	6,139.22
Total Income	4,096.01	4,942.70	5,119.11
Profit After Tax	33.18	134.57	222.59
Net Worth	1,235.43	1,373.96	1,596.50
Reserves and Surplus	1,115.23	1,253.76	944.19
Total Borrowing	3,033.12	3,134.34	3,330.78

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.95

95.41

Promoter Shareholding (Post-Issue)

73.49

69.81

P/E Ratio

7.74

Market Cap

₹21.76 Cr.

₹56.92 Cr.

ROE

85.28%

13.87%

ROCE

19.77%

15.20%

Debt/Equity

4.48

2.07

EPS

₹10.34

₹3.37

RoNW

59.79%

13.87

Shares Offered

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

	Kahan Packaging IPO	Pramara Promotions IPO
Anchor Investor Reserveration
Market Maker Reserveration	40,000 shares	1,24,000 shares
QIB
NII	3,39,200 shares	11,50,000 shares
RII	3,40,800 shares	11,50,000 shares
Employee
Others
Total	6,80,000 shares	23,00,000 shares

Bids Received (Subscription)

Kahan Packaging IPO subscribed 730.45x in total, whereas Pramara Promotions IPO subscribed 25.71x.

	Kahan Packaging IPO	Pramara Promotions IPO
QIB (times)
NII (times)	405.59x	33.99x
Big NII (times)
Small NII (times)
RII (times)	1,042.37x	17.14x
Employee (times)
Other (times)
Total (times)	730.45x	25.71x

Compare with others

Kahan Packaging IPO	Pramara Promotions IPO
Kundan Edifice IPO	Meson Valves IPO
Meson Valves IPO	Chavda Infra IPO
Chavda Infra IPO	Jiwanram Sheoduttrai IPO
Jiwanram Sheoduttrai IPO	Unihealth Consultancy IPO
Unihealth Consultancy IPO	Kahan Packaging IPO
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Saroja Pharma IPO	Basilic Fly Studio IPO
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C P S Shapers IPO	Mono Pharmacare IPO
Mono Pharmacare IPO	Sungarner Energies IPO