Akanksha Power IPO vs Kay Cee Energy IPO

Comparison between Akanksha Power IPO and Kay Cee Energy IPO.

IPO Details

Akanksha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Kay Cee Energy IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Akanksha Power IPO is up to ₹26.06 Cr whereas the issue size of the Kay Cee Energy IPO is up to ₹14.90 Cr. The final issue price of Akanksha Power IPO is ₹55.00 per share and of Kay Cee Energy IPO is ₹54.00 per share.

 Akanksha Power IPOKay Cee Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹52.00 per share₹51.00 per share
Issue Price (Upper)₹55.00 per share₹54.00 per share
Issue Price (Final)₹55.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size47,38,000 shares27,60,000 shares
Fresh Issue Size (Amount)up to ₹26.06 Crup to ₹14.90 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,38,000 shares27,60,000 shares
Issue Size Total (Amount)up to ₹26.06 Crup to ₹14.90 Cr

IPO Timetable

Akanksha Power IPO opens on Dec 27, 2023, while Kay Cee Energy IPO opens on Dec 28, 2023. The closing date of Akanksha Power IPO and Kay Cee Energy IPO is Dec 29, 2023, and Jan 02, 2024, respectively.

 Akanksha Power IPOKay Cee Energy IPO
Anchor Bid DateDec 26, 2023Dec 27, 2023
Issue OpenDec 27, 2023Dec 28, 2023
Issue CloseDec 29, 2023Jan 02, 2024
Basis Of Allotment (Tentative)Jan 01, 2024Jan 03, 2024
Initiation of Refunds (Tentative)Jan 02, 2024Jan 03, 2024
Credit of Share (Tentative)Jan 02, 2024Jan 04, 2024
Listing date (Tentative)Jan 03, 2024Jan 05, 2024
Anchor Lockin End date 1Jan 31, 2024Feb 02, 2024
Anchor Lockin End date 2Mar 31, 2024Apr 02, 2024

Financials & KPIs

Akanksha Power IPO P/E ratio is 24.02, as compared to Kay Cee Energy IPO P/E ratio of 7.59.

 Akanksha Power IPOKay Cee Energy IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets55.3147.6338.3937.81
Total Income10.2746.4452.0774.41
Profit After Tax0.712.912.413.92
NET Worth20.7515.9613.0510.65
Reserves and Surplus7.2314.1411.248.83
Total Borrowing17.2315.2810.558.91
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets83.3280.1863.7038.08
Total Income9.6461.3250.1335.59
Profit After Tax1.215.513.101.87
NET Worth23.1221.9116.4113.31
Reserves and Surplus22.8721.6616.1613.06
Total Borrowing24.0522.896.472.72
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.2896.12
Promoter Shareholding (Post-Issue)60.81
P/E Ratio24.027.59
Market Cap₹101.85 Cr.₹59.18 Cr.
ROE18.20%25.13%
ROCE22.75%22.32%
Debt/Equity0.961.04
EPS₹2.29₹7.11
RoNW18.20%25.13%

Shares Offered

In the Akanksha Power IPO Retail Individual Investors (RII) are offered 16,60,000 shares while in Kay Cee Energy IPO retail investors are offered 16,60,000 shares. Qualified Institutional Buyers (QIB) are offered 9,48,000 shares in Akanksha Power IPO and 5,56,000 shares in Kay Cee Energy IPO.

 Akanksha Power IPOKay Cee Energy IPO
Anchor Investor Reservation14,18,000 shares8,00,000 shares
Market Maker Reservation2,60,000 shares1,90,000 shares
QIB9,48,000 shares5,56,000 shares
NII7,12,000 shares4,22,000 shares
RII16,60,000 shares9,82,000 shares
Employee
Others
Total47,38,000 shares27,60,000 shares

Bids Received (Subscription)

Akanksha Power IPO subscribed 117.39x in total, whereas Kay Cee Energy IPO subscribed 1,052.45x.

 Akanksha Power IPOKay Cee Energy IPO
QIB (times)38.51x127.71x
NII (times)238.60x1,668.97x
Big NII (times)
Small NII (times)
RII (times)110.44x1,311.10x
Employee (times)
Other (times)
Total (times)117.39x1,052.45x

Compare with others

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Akanksha Power IPO Vs Kay Cee Energy IPO