Kalahridhaan Trendz IPO vs Polysil Irrigation Systems IPO

Comparison between Kalahridhaan Trendz IPO and Polysil Irrigation Systems IPO.

IPO Details

Kalahridhaan Trendz IPO is a SME Fixed Price IPO proposed to list at NSE SME while Polysil Irrigation Systems IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Kalahridhaan Trendz IPO is up to ₹21.36 Cr whereas the issue size of the Polysil Irrigation Systems IPO is up to ₹16.55 Cr. The final issue price of Kalahridhaan Trendz IPO is ₹45.00 per share and of Polysil Irrigation Systems IPO is ₹54.00 per share.

 Kalahridhaan Trendz IPOPolysil Irrigation Systems IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size47,46,000 shares12,80,000 shares
Fresh Issue Size (Amount)up to ₹21.36 Crup to ₹6.91 Cr
OFS Issue Size0 shares17,84,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹9.63 Cr
Issue Size Total47,46,000 shares30,64,000 shares
Issue Size Total (Amount)up to ₹21.36 Crup to ₹16.55 Cr

IPO Timetable

Kalahridhaan Trendz IPO opens on Feb 15, 2024, while Polysil Irrigation Systems IPO opens on Feb 08, 2024. The closing date of Kalahridhaan Trendz IPO and Polysil Irrigation Systems IPO is Feb 20, 2024, and Feb 13, 2024, respectively.

Financials & KPIs

Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to Polysil Irrigation Systems IPO P/E ratio of 47.08.

 Kalahridhaan Trendz IPOPolysil Irrigation Systems IPO
Financials

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

Company Financials (Restated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets56.7155.3146.1741.78
Total Income10.2043.9237.6754.72
Profit After Tax1.101.140.340.65
NET Worth16.4615.3613.7213.38
Reserves and Surplus6.565.4613.2712.93
Total Borrowing15.6615.4714.9511.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.2233.79
Promoter Shareholding (Post-Issue)68.2429.49
P/E Ratio8.2447.08
Market Cap₹77.34 Cr.₹61.24 Cr.
ROE42.09%7.39%
ROCE17.39%12.81%
Debt/Equity3.191.01
EPS₹5.46₹1.15
RoNW36.75%7.39%

Shares Offered

In the Kalahridhaan Trendz IPO Retail Individual Investors (RII) are offered 23,73,000 shares while in Polysil Irrigation Systems IPO retail investors are offered 23,73,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalahridhaan Trendz IPO and in Polysil Irrigation Systems IPO.

 Kalahridhaan Trendz IPOPolysil Irrigation Systems IPO
Anchor Investor Reservation
Market Maker Reservation2,52,000 shares1,64,000 shares
QIB
NII23,73,000 shares15,32,000 shares
RII23,73,000 shares15,32,000 shares
Employee
Others
Total47,46,000 shares30,64,000 shares

Bids Received (Subscription)

Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas Polysil Irrigation Systems IPO subscribed 6.88x.

Compare with others

Compare:

Kalahridhaan Trendz IPO Vs Polysil Irrigation Systems IPO