Kalahridhaan Trendz IPO vs Wise Travel IPO

Comparison between Kalahridhaan Trendz IPO and Wise Travel IPO.

IPO Details

Kalahridhaan Trendz IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Wise Travel IPO is a SME Bookbuilding 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 Wise Travel IPO is up to ₹88.24 Cr. The final issue price of Kalahridhaan Trendz IPO is ₹45.00 per share and of Wise Travel IPO is ₹147.00 per share.

 Kalahridhaan Trendz IPOWise Travel IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹147.00 per share
Issue Price (Final)₹45.00 per share₹147.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size3000 shares1000 shares
Fresh Issue Size47,46,000 shares60,03,000 shares
Fresh Issue Size (Amount)up to ₹21.36 Crup to ₹88.24 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,46,000 shares60,03,000 shares
Issue Size Total (Amount)up to ₹21.36 Crup to ₹88.24 Cr

IPO Timetable

Kalahridhaan Trendz IPO opens on Feb 15, 2024, while Wise Travel IPO opens on Feb 12, 2024. The closing date of Kalahridhaan Trendz IPO and Wise Travel IPO is Feb 20, 2024, and Feb 14, 2024, respectively.

 Kalahridhaan Trendz IPOWise Travel IPO
Anchor Bid DateFeb 09, 2024
Issue OpenFeb 15, 2024Feb 12, 2024
Issue CloseFeb 20, 2024Feb 14, 2024
Basis Of Allotment (Tentative)Feb 21, 2024Feb 15, 2024
Initiation of Refunds (Tentative)Feb 22, 2024Feb 16, 2024
Credit of Share (Tentative)Feb 22, 2024Feb 16, 2024
Listing date (Tentative)Feb 23, 2024Feb 19, 2024
Anchor Lockin End date 1Mar 16, 2024
Anchor Lockin End date 2May 15, 2024

Financials & KPIs

Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to Wise Travel IPO P/E ratio of 24.81.

 Kalahridhaan Trendz IPOWise Travel 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 Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets134.28121.6160.0352.71
Total Income190.17249.9789.7044.06
Profit After Tax11.3310.293.781.73
NET Worth51.9440.6128.3224.54
Reserves and Surplus34.5737.4625.3721.59
Total Borrowing16.2816.752.160.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.2295.63
Promoter Shareholding (Post-Issue)68.2469.76
P/E Ratio8.2424.81
Market Cap₹77.34 Cr.₹350.03 Cr.
ROE42.09%29.79%
ROCE17.39%22.90%
Debt/Equity3.190.65
EPS₹5.46₹5.91
RoNW36.75%25.28%

Shares Offered

In the Kalahridhaan Trendz IPO Retail Individual Investors (RII) are offered 23,73,000 shares while in Wise Travel IPO retail investors are offered 23,73,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalahridhaan Trendz IPO and 11,91,000 shares in Wise Travel IPO.

 Kalahridhaan Trendz IPOWise Travel IPO
Anchor Investor Reservation17,85,000 shares
Market Maker Reservation2,52,000 shares4,38,000 shares
QIB11,91,000 shares
NII23,73,000 shares8,94,000 shares
RII23,73,000 shares20,84,000 shares
Employee49,000 shares
Others
Total47,46,000 shares60,03,000 shares

Bids Received (Subscription)

Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas Wise Travel IPO subscribed 163.46x.

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Kalahridhaan Trendz IPO Vs Wise Travel IPO