Comparison between Kahan Packaging IPO and Saroja Pharma IPO.
Kahan Packaging IPO is a SME Fixed Price IPO proposed to list at BSE SME while Saroja Pharma IPO is a SME Fixed Price proposed to list at NSE SME.
| Kahan Packaging IPO | Saroja Pharma 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. | Swastika Investmart Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Swastika Investmart Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kahan Packaging IPO is up to ₹5.44 Cr whereas the issue size of the Saroja Pharma IPO is up to ₹8.66 Cr. The final issue price of Kahan Packaging IPO is ₹80.00 per share and of Saroja Pharma IPO is ₹84.00 per share.
| Kahan Packaging IPO | Saroja Pharma IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹84.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 6,80,000 shares | 10,30,400 shares |
| Fresh Issue Size (Amount) | up to ₹5.44 Cr | up to ₹8.66 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 | 10,30,400 shares |
| Issue Size Total (Amount) | up to ₹5.44 Cr | up to ₹8.66 Cr |
Kahan Packaging IPO opens on Sep 06, 2023, while Saroja Pharma IPO opens on Aug 31, 2023. The closing date of Kahan Packaging IPO and Saroja Pharma IPO is Sep 08, 2023, and Sep 05, 2023, respectively.
| Kahan Packaging IPO | Saroja Pharma IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 06, 2023 | Aug 31, 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 |
Kahan Packaging IPO P/E ratio is 7.74, as compared to Saroja Pharma IPO P/E ratio of 23.25.
| Kahan Packaging IPO | Saroja Pharma IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.95 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.49 | 73.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 7.74 | 23.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹21.76 Cr. | ₹33.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85.28% | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.77% | 25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.48 | 2.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.34 | ₹3.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 59.79% | 20.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kahan Packaging IPO Retail Individual Investors (RII) are offered 3,40,800 shares while in Saroja Pharma IPO retail investors are offered 3,40,800 shares. Qualified Institutional Buyers (QIB) are offered in Kahan Packaging IPO and in Saroja Pharma IPO.
| Kahan Packaging IPO | Saroja Pharma IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 40,000 shares | 54,400 shares |
| QIB | ||
| NII | 3,39,200 shares | 5,15,200 shares |
| RII | 3,40,800 shares | 5,15,200 shares |
| Employee | ||
| Others | ||
| Total | 6,80,000 shares | 10,30,400 shares |
Kahan Packaging IPO subscribed 730.45x in total, whereas Saroja Pharma IPO subscribed 8.88x.
| Kahan Packaging IPO | Saroja Pharma IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 405.59x | 2.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1,042.37x | 14.83x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 730.45x | 8.88x |
