Comparison between HRH Next IPO and Kaushalya Logistics IPO.
HRH Next IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Kaushalya Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.
| HRH Next IPO | Kaushalya Logistics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Khandwala Securities Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of HRH Next IPO is up to ₹9.08 Cr whereas the issue size of the Kaushalya Logistics IPO is up to ₹34.76 Cr. The final issue price of HRH Next IPO is ₹36.00 per share and of Kaushalya Logistics IPO is ₹75.00 per share.
| HRH Next IPO | Kaushalya Logistics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹36.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 25,23,000 shares | 31,35,200 shares |
| Fresh Issue Size (Amount) | up to ₹9.08 Cr | up to ₹23.51 Cr |
| OFS Issue Size | 0 shares | 15,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹11.25 Cr |
| Issue Size Total | 25,23,000 shares | 46,35,200 shares |
| Issue Size Total (Amount) | up to ₹9.08 Cr | up to ₹34.76 Cr |
HRH Next IPO opens on Dec 27, 2023, while Kaushalya Logistics IPO opens on Dec 29, 2023. The closing date of HRH Next IPO and Kaushalya Logistics IPO is Dec 29, 2023, and Jan 03, 2024, respectively.
| HRH Next IPO | Kaushalya Logistics IPO | |
|---|---|---|
| Anchor Bid Date | Dec 28, 2023 | |
| Issue Open | Dec 27, 2023 | Dec 29, 2023 |
| Issue Close | Dec 29, 2023 | Jan 03, 2024 |
| Basis Of Allotment (Tentative) | Jan 01, 2024 | Jan 04, 2024 |
| Initiation of Refunds (Tentative) | Jan 02, 2024 | Jan 05, 2024 |
| Credit of Share (Tentative) | Jan 02, 2024 | Jan 05, 2024 |
| Listing date (Tentative) | Jan 03, 2024 | Jan 08, 2024 |
| Anchor Lockin End date 1 | Feb 03, 2024 | |
| Anchor Lockin End date 2 | Apr 03, 2024 |
HRH Next IPO P/E ratio is 6.78, as compared to Kaushalya Logistics IPO P/E ratio of 0.16.
| HRH Next IPO | Kaushalya Logistics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.88 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.61 | 72.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.78 | 0.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹33.14 Cr. | ₹138.98 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.94% | 36.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46.57 | 70.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 3.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.31 | ₹470.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.29% | 36.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HRH Next IPO Retail Individual Investors (RII) are offered 12,63,000 shares while in Kaushalya Logistics IPO retail investors are offered 12,63,000 shares. Qualified Institutional Buyers (QIB) are offered in HRH Next IPO and 9,82,400 shares in Kaushalya Logistics IPO.
| HRH Next IPO | Kaushalya Logistics IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,34,400 shares | |
| Market Maker Reservation | 1,35,000 shares | 2,44,800 shares |
| QIB | 9,82,400 shares | |
| NII | 12,60,000 shares | 6,96,000 shares |
| RII | 12,63,000 shares | 16,22,400 shares |
| Employee | ||
| Others | ||
| Total | 25,23,000 shares | 46,35,200 shares |
HRH Next IPO subscribed 66.29x in total, whereas Kaushalya Logistics IPO subscribed 390.88x.
| HRH Next IPO | Kaushalya Logistics IPO | |
|---|---|---|
| QIB (times) | 92.62x | |
| NII (times) | 66.91x | 847.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 63.61x | 375.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 66.29x | 390.88x |
