Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Kaka Industries IPO vs Veefin Solutions IPO

Comparison between Kaka Industries IPO and Veefin Solutions IPO.

IPO Details

Kaka Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veefin Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

 Kaka Industries IPOVeefin Solutions IPO
LogoKaka Industries IPO LogoVeefin Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Shreni Shares Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Kaka Industries IPO is up to ₹20.11 Cr whereas the issue size of the Veefin Solutions IPO is up to ₹44.37 Cr. The final issue price of Kaka Industries IPO is ₹58.00 per share and of Veefin Solutions IPO is ₹82.00 per share.

 Kaka Industries IPOVeefin Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹55.00 per share
Issue Price (Upper)₹58.00 per share
Issue Price (Final)₹58.00 per share₹82.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size34,68,000 shares25,61,600 shares
Fresh Issue Size (Amount)up to ₹20.11 Crup to ₹21.01 Cr
OFS Issue Size0 shares28,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹23.37 Cr
Issue Size Total34,68,000 shares54,11,200 shares
Issue Size Total (Amount)up to ₹20.11 Crup to ₹44.37 Cr

IPO Timetable

Kaka Industries IPO opens on Jul 10, 2023, while Veefin Solutions IPO opens on Jun 22, 2023. The closing date of Kaka Industries IPO and Veefin Solutions IPO is Jul 12, 2023, and Jun 26, 2023, respectively.

 Kaka Industries IPOVeefin Solutions IPO
Anchor Bid DateJul 09, 2023
Issue OpenJul 10, 2023Jun 22, 2023
Issue CloseJul 12, 2023Jun 26, 2023
Basis Of Allotment (Tentative)Jul 17, 2023Jun 30, 2023
Initiation of Refunds (Tentative)Jul 18, 2023Jul 03, 2023
Credit of Share (Tentative)Jul 19, 2023Jul 04, 2023
Listing date (Tentative)Jul 19, 2023Jul 05, 2023
Anchor Lockin End date 1Aug 16, 2023
Anchor Lockin End date 2Oct 15, 2023

Financials & KPIs

Kaka Industries IPO P/E ratio is 11.03, as compared to Veefin Solutions IPO P/E ratio of 41.41.

 Kaka Industries IPOVeefin Solutions IPO
Financials
Kaka Industries Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,190.684,148.74141.14142.14141.14830.50
31-Mar-213,568.027,879.00302.51743.65493.651,999.00
31-Mar-224,614.7611,709.98497.661,241.31991.312,735.55
31-Mar-236,767.0015,887.70718.501,956.88956.884,013.66
Amount in ₹ Lakhs
Veefin Solutions Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221,607.93655.1970.01925.10923.86346.32
31-Jan-234,821.701,262.36350.024,293.212,459.4350.81
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)95.3256.26
Promoter Shareholding (Post-Issue)69.7839.84
P/E Ratio11.0341.41
Market Cap₹79.23 Cr.₹173.74 Cr.
ROE44.93%13.42%
ROCE20.83%11.32%
Debt/Equity2.050.01
EPS₹7.19₹0.48
RoNW36.72%7.57%

Shares Offered

In the Kaka Industries IPO Retail Individual Investors (RII) are offered 12,14,000 shares while in Veefin Solutions IPO retail investors are offered 12,14,000 shares. Qualified Institutional Buyers (QIB) are offered 6,94,000 shares in Kaka Industries IPO and in Veefin Solutions IPO.

 Kaka Industries IPOVeefin Solutions IPO
Anchor Investor Reserveration10,38,000 shares
Market Maker Reserveration1,92,000 shares2,88,000 shares
QIB6,94,000 shares
NII5,22,000 shares27,05,600 shares
RII12,14,000 shares27,05,600 shares
Employee
Others
Total34,68,000 shares54,11,200 shares

Bids Received (Subscription)

Kaka Industries IPO subscribed 292.66x in total, whereas Veefin Solutions IPO subscribed 2.46x.

 Kaka Industries IPOVeefin Solutions IPO
QIB (times)72.13x
NII (times)431.85x3.26x
Big NII (times)
Small NII (times)
RII (times)358.88x1.65x
Employee (times)
Other (times)
Total (times)292.66x2.46x