Kalahridhaan Trendz IPO vs Rudra Gas Enterprise IPO

Comparison between Kalahridhaan Trendz IPO and Rudra Gas Enterprise IPO.

IPO Details

Kalahridhaan Trendz IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rudra Gas Enterprise IPO is a SME Fixed Price proposed to list at BSE 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 Rudra Gas Enterprise IPO is up to ₹13.43 Cr. The final issue price of Kalahridhaan Trendz IPO is ₹45.00 per share and of Rudra Gas Enterprise IPO is ₹63.00 per share.

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size47,46,000 shares21,32,000 shares
Fresh Issue Size (Amount)up to ₹21.36 Crup to ₹13.43 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,46,000 shares21,32,000 shares
Issue Size Total (Amount)up to ₹21.36 Crup to ₹13.43 Cr

IPO Timetable

Kalahridhaan Trendz IPO opens on Feb 15, 2024, while Rudra Gas Enterprise IPO opens on Feb 08, 2024. The closing date of Kalahridhaan Trendz IPO and Rudra Gas Enterprise IPO is Feb 20, 2024, and Feb 12, 2024, respectively.

Financials & KPIs

Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to Rudra Gas Enterprise IPO P/E ratio of 10.9.

 Kalahridhaan Trendz IPORudra Gas Enterprise 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 Standalone)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.4533.8128.0519.61
Total Income34.4749.5743.9628.17
Profit After Tax2.473.521.791.27
NET Worth11.497.994.462.67
Reserves and Surplus5.407.744.212.42
Total Borrowing19.9017.3813.8010.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.2299.99
Promoter Shareholding (Post-Issue)68.2473.03
P/E Ratio8.2410.9
Market Cap₹77.34 Cr.₹52.53 Cr.
ROE42.09%57%
ROCE17.39%25%
Debt/Equity3.192.18
EPS₹5.46₹5.78
RoNW36.75%44.09%

Shares Offered

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

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
Anchor Investor Reservation
Market Maker Reservation2,52,000 shares1,16,000 shares
QIB
NII23,73,000 shares10,66,000 shares
RII23,73,000 shares10,66,000 shares
Employee
Others
Total47,46,000 shares21,32,000 shares

Bids Received (Subscription)

Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas Rudra Gas Enterprise IPO subscribed 350.75x.

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Kalahridhaan Trendz IPO Vs Rudra Gas Enterprise IPO