Comparison between Kahan Packaging IPO and Saroja Pharma IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Kahan Packaging IPO P/E ratio is 7.74, as compared to Saroja Pharma IPO P/E ratio of 23.25.
Shares Offered
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 |
|---|
| Market Maker Reservation | 40,000 shares | 54,400 shares |
| NII | 3,39,200 shares | 5,15,200 shares |
| RII | 3,40,800 shares | 5,15,200 shares |
| Total | 6,80,000 shares | 10,30,400 shares |
Bids Received (Subscription)
Kahan Packaging IPO subscribed 724.73x in total, whereas Saroja Pharma IPO subscribed 8.86x.
