Esconet Technologies IPO vs Kalahridhaan Trendz IPO

Comparison between Esconet Technologies IPO and Kalahridhaan Trendz IPO.

IPO Details

Esconet Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kalahridhaan Trendz IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Esconet Technologies IPO is up to ₹26.75 Cr whereas the issue size of the Kalahridhaan Trendz IPO is up to ₹21.36 Cr. The final issue price of Esconet Technologies IPO is ₹84.00 per share and of Kalahridhaan Trendz IPO is ₹45.00 per share.

 Esconet Technologies IPOKalahridhaan Trendz IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹84.00 per share
Issue Price (Final)₹84.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size31,84,000 shares47,46,000 shares
Fresh Issue Size (Amount)up to ₹26.75 Crup to ₹21.36 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,84,000 shares47,46,000 shares
Issue Size Total (Amount)up to ₹26.75 Crup to ₹21.36 Cr

IPO Timetable

Esconet Technologies IPO opens on Feb 16, 2024, while Kalahridhaan Trendz IPO opens on Feb 15, 2024. The closing date of Esconet Technologies IPO and Kalahridhaan Trendz IPO is Feb 20, 2024, and Feb 20, 2024, respectively.

 Esconet Technologies IPOKalahridhaan Trendz IPO
Anchor Bid DateFeb 15, 2024
Issue OpenFeb 16, 2024Feb 15, 2024
Issue CloseFeb 20, 2024Feb 20, 2024
Basis Of Allotment (Tentative)Feb 21, 2024Feb 21, 2024
Initiation of Refunds (Tentative)Feb 22, 2024Feb 22, 2024
Credit of Share (Tentative)Feb 22, 2024Feb 22, 2024
Listing date (Tentative)Feb 23, 2024Feb 23, 2024
Anchor Lockin End date 1Mar 22, 2024
Anchor Lockin End date 2May 21, 2024

Financials & KPIs

Esconet Technologies IPO P/E ratio is 24.87, as compared to Kalahridhaan Trendz IPO P/E ratio of 8.24.

 Esconet Technologies IPOKalahridhaan Trendz IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 2023
Assets42.6027.98
Total Income71.4796.91
Profit After Tax3.053.04
NET Worth9.035.54
Reserves and Surplus8.254.77
Total Borrowing10.0911.04
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets109.79109.63102.9859.79
Total Income84.35184.17183.90132.36
Profit After Tax4.796.662.461.11
NET Worth22.9112.035.372.91
Reserves and Surplus10.7212.035.372.91
Total Borrowing67.0261.0552.5031.46
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.1896.22
Promoter Shareholding (Post-Issue)64.9468.24
P/E Ratio24.878.24
Market Cap₹103.82 Cr.₹77.34 Cr.
ROE75.54%42.09%
ROCE59.11%17.39%
Debt/Equity1.993.19
EPS₹39.63₹5.46
RoNW54.83%36.75%

Shares Offered

In the Esconet Technologies IPO Retail Individual Investors (RII) are offered 11,15,200 shares while in Kalahridhaan Trendz IPO retail investors are offered 11,15,200 shares. Qualified Institutional Buyers (QIB) are offered 6,36,800 shares in Esconet Technologies IPO and in Kalahridhaan Trendz IPO.

 Esconet Technologies IPOKalahridhaan Trendz IPO
Anchor Investor Reservation9,53,600 shares
Market Maker Reservation1,76,000 shares2,52,000 shares
QIB6,36,800 shares
NII4,78,400 shares23,73,000 shares
RII11,15,200 shares23,73,000 shares
Employee
Others
Total31,84,000 shares47,46,000 shares

Bids Received (Subscription)

Esconet Technologies IPO subscribed 507.24x in total, whereas Kalahridhaan Trendz IPO subscribed 8.15x.

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