Comparison between Kalana Ispat IPO and Rappid Valves IPO.
IPO Details
Kalana Ispat IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rappid Valves IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Kalana Ispat IPO is up to ₹30.95 Cr whereas the issue size of the Rappid Valves IPO is up to ₹28.86 Cr. The final issue price of Kalana Ispat IPO is ₹66.00 per share and of Rappid Valves IPO is ₹222.00 per share.
IPO Timetable
Kalana Ispat IPO opens on Sep 19, 2024, while Rappid Valves IPO opens on Sep 23, 2024. The closing date of Kalana Ispat IPO and Rappid Valves IPO is Sep 23, 2024, and Sep 25, 2024, respectively.
| | Kalana Ispat IPO | Rappid Valves IPO |
|---|
| Anchor Bid Date | | Sep 20, 2024 |
| Issue Open | Sep 19, 2024 | Sep 23, 2024 |
| Issue Close | Sep 23, 2024 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Sep 24, 2024 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Sep 25, 2024 | Sep 27, 2024 |
| Credit of Share (Tentative) | Sep 25, 2024 | Sep 27, 2024 |
| Listing date (Tentative) | Sep 26, 2024 | Sep 30, 2024 |
| Anchor Lockin End date 1 | | Oct 25, 2024 |
| Anchor Lockin End date 2 | | Dec 24, 2024 |
Financials & KPIs
Kalana Ispat IPO P/E ratio is 22.59, as compared to Rappid Valves IPO P/E ratio of 20.53.
Shares Offered
In the Kalana Ispat IPO Retail Individual Investors (RII) are offered 23,46,000 shares while in Rappid Valves IPO retail investors are offered 23,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalana Ispat IPO and 2,59,800 shares in Rappid Valves IPO.
| | Kalana Ispat IPO | Rappid Valves IPO |
|---|
| Anchor Investor Reservation | | 3,89,400 shares |
| Market Maker Reservation | 2,48,000 shares | 69,600 shares |
| QIB | | 2,59,800 shares |
| NII | 23,44,000 shares | 1,95,600 shares |
| RII | 23,46,000 shares | 4,55,400 shares |
| Employee | | |
| Others | | |
| Total | 46,90,000 shares | 13,00,200 shares |
Bids Received (Subscription)
Kalana Ispat IPO subscribed 57.62x in total, whereas Rappid Valves IPO subscribed 123.33x.
