Arrowhead Seperation Engineering IPO vs Kalyani Cast Tech IPO

Comparison between Arrowhead Seperation Engineering IPO and Kalyani Cast Tech IPO.

IPO Details

Arrowhead Seperation Engineering IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Kalyani Cast Tech IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Arrowhead Seperation Engineering IPO is up to ₹12.30 Cr whereas the issue size of the Kalyani Cast Tech IPO is up to ₹25.08 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Kalyani Cast Tech IPO is ₹139.00 per share.

 Arrowhead Seperation Engineering IPOKalyani Cast Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹137.00 per share
Issue Price (Upper)₹139.00 per share
Issue Price (Final)₹233.00 per share₹139.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1000 shares
Fresh Issue Size5,28,000 shares18,04,000 shares
Fresh Issue Size (Amount)up to ₹12.30 Crup to ₹25.08 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,28,000 shares18,04,000 shares
Issue Size Total (Amount)up to ₹12.30 Crup to ₹25.08 Cr

IPO Timetable

Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Kalyani Cast Tech IPO opens on Nov 08, 2023. The closing date of Arrowhead Seperation Engineering IPO and Kalyani Cast Tech IPO is Nov 20, 2023, and Nov 10, 2023, respectively.

 Arrowhead Seperation Engineering IPOKalyani Cast Tech IPO
Anchor Bid DateNov 07, 2023
Issue OpenNov 16, 2023Nov 08, 2023
Issue CloseNov 20, 2023Nov 10, 2023
Basis Of Allotment (Tentative)Nov 23, 2023Nov 13, 2023
Initiation of Refunds (Tentative)Nov 24, 2023Nov 15, 2023
Credit of Share (Tentative)Nov 28, 2023Nov 17, 2023
Listing date (Tentative)Nov 28, 2023Nov 17, 2023
Anchor Lockin End date 1Dec 13, 2023
Anchor Lockin End date 2Feb 11, 2024

Financials & KPIs

Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Kalyani Cast Tech IPO P/E ratio of 8.67.

 Arrowhead Seperation Engineering IPOKalyani Cast Tech IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets21.8120.7118.3215.67
Total Income8.8221.7210.929.17
Profit After Tax0.641.690.09-1.79
NET Worth3.102.460.770.68
Reserves and Surplus1.791.15-0.04-0.13
Total Borrowing8.968.136.996.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets30.5924.2016.0013.68
Total Income24.6863.3649.4711.35
Profit After Tax2.948.041.170.35
NET Worth17.1814.246.205.03
Reserves and Surplus12.169.231.190.01
Total Borrowing5.823.422.704.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)50100
Promoter Shareholding (Post-Issue)35.0969.83
P/E Ratio18.098.67
Market Cap₹43.60 Cr.₹99.81 Cr.
ROE105%78.64%
ROCE30.94%67.56%
Debt/Equity3.300.34
EPS₹12.88₹16.03
RoNW68.75%56.45%

Shares Offered

In the Arrowhead Seperation Engineering IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Kalyani Cast Tech IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Arrowhead Seperation Engineering IPO and 3,61,000 shares in Kalyani Cast Tech IPO.

 Arrowhead Seperation Engineering IPOKalyani Cast Tech IPO
Anchor Investor Reservation5,40,000 shares
Market Maker Reservation30,000 shares3,62,000 shares
QIB3,61,000 shares
NII2,64,000 shares2,71,000 shares
RII2,64,000 shares6,32,000 shares
Employee
Others
Total5,28,000 shares18,04,000 shares

Bids Received (Subscription)

Arrowhead Seperation Engineering IPO subscribed 94.79x in total, whereas Kalyani Cast Tech IPO subscribed 208.59x.

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