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Kalana Ispat IPO vs Thinking Hats Entertainment IPO

Comparison between Kalana Ispat IPO and Thinking Hats Entertainment IPO.

IPO Details

Kalana Ispat IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Thinking Hats Entertainment IPO is a SME Bookbuilding proposed to list at NSE SME.

 Kalana Ispat IPOThinking Hats Entertainment IPO
LogoKalana Ispat IPO LogoThinking Hats Entertainment IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersJawa Capital Services Pvt.Ltd.Horizon Financial Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MAS Services Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Kalana Ispat IPO is up to ₹30.95 Cr whereas the issue size of the Thinking Hats Entertainment IPO is up to ₹14.30 Cr. The final issue price of Kalana Ispat IPO is ₹66.00 per share and of Thinking Hats Entertainment IPO is ₹44.00 per share.

 Kalana Ispat IPOThinking Hats Entertainment IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹42.00 per share
Issue Price (Upper)₹44.00 per share
Issue Price (Final)₹66.00 per share₹44.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size46,90,000 shares32,49,000 shares
Fresh Issue Size (Amount)up to ₹30.95 Crup to ₹14.30 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total46,90,000 shares32,49,000 shares
Issue Size Total (Amount)up to ₹30.95 Crup to ₹14.30 Cr

IPO Timetable

Kalana Ispat IPO opens on Sep 19, 2024, while Thinking Hats Entertainment IPO opens on Sep 25, 2024. The closing date of Kalana Ispat IPO and Thinking Hats Entertainment IPO is Sep 23, 2024, and Sep 27, 2024, respectively.

 Kalana Ispat IPOThinking Hats Entertainment IPO
Anchor Bid Date
Issue OpenSep 19, 2024Sep 25, 2024
Issue CloseSep 23, 2024Sep 27, 2024
Basis Of Allotment (Tentative)Sep 24, 2024Sep 30, 2024
Initiation of Refunds (Tentative)Sep 25, 2024Oct 01, 2024
Credit of Share (Tentative)Sep 25, 2024Oct 01, 2024
Listing date (Tentative)Sep 26, 2024Oct 03, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Kalana Ispat IPO P/E ratio is 22.59, as compared to Thinking Hats Entertainment IPO P/E ratio of 12.89.

 Kalana Ispat IPOThinking Hats Entertainment IPO
Financials

Kalana Ispat Limited Financial Information (Restated Standalone)

Kalana Ispat Limited's revenue decreased by -11% and profit after tax (PAT) rose by 373% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,885.711,617.461,264.891,330.7
Total Income7,394.468,335.875,793.324,298.06
Profit After Tax236.750.0913.6613.62
Net Worth1,081.58441.94391.65376.19
Reserves and Surplus271.46339.7289.61275.95
Total Borrowing461.38861.79260.57262.93
Amount in ₹ Lakhs

Thinking Hats Entertainment Solutions Limited Financial Information (Restated)

Thinking Hats Entertainment Solutions Limited's revenue increased by 20% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,403.221,456.81641.14
Total Income2,670.12,227.81,245.2
Profit After Tax309.16200.7937.21
Net Worth1,099.86573.26372.47
Reserves and Surplus1,012.28497.01296.22
Total Borrowing543.46413.6529.22
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)82.7278.29
Promoter Shareholding (Post-Issue)51.38
P/E Ratio22.5912.89
Market Cap₹86.08 Cr.₹54.94 Cr.
ROE31.12%28.11%
ROCE21.20%29.37%
Debt/Equity0.430.49
EPS₹2.92₹3.41
RoNW21.88%28.11%

Shares Offered

In the Kalana Ispat IPO Retail Individual Investors (RII) are offered 23,46,000 shares while in Thinking Hats Entertainment IPO retail investors are offered 23,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalana Ispat IPO and 3,24,000 shares in Thinking Hats Entertainment IPO.

 Kalana Ispat IPOThinking Hats Entertainment IPO
Anchor Investor Reserveration
Market Maker Reserveration2,48,000 shares1,80,000 shares
QIB3,24,000 shares
NII23,44,000 shares8,76,000 shares
RII23,46,000 shares20,49,000 shares
Employee
Others
Total46,90,000 shares32,49,000 shares

Bids Received (Subscription)

Kalana Ispat IPO subscribed 59.92x in total, whereas Thinking Hats Entertainment IPO subscribed 322.19x.

 Kalana Ispat IPOThinking Hats Entertainment IPO
QIB (times)67.67x
NII (times)40.69x356.81x
Big NII (times)
Small NII (times)
RII (times)74.54x347.64x
Employee (times)
Other (times)
Total (times)59.92x322.19x