HRH Next IPO vs Kay Cee Energy IPO

Comparison between HRH Next IPO and Kay Cee Energy IPO.

IPO Details

HRH Next 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 HRH Next IPO is up to ₹9.08 Cr whereas the issue size of the Kay Cee Energy IPO is up to ₹14.90 Cr. The final issue price of HRH Next IPO is ₹36.00 per share and of Kay Cee Energy IPO is ₹54.00 per share.

 HRH Next IPOKay Cee Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹54.00 per share
Issue Price (Final)₹36.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size25,23,000 shares27,60,000 shares
Fresh Issue Size (Amount)up to ₹9.08 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 Total25,23,000 shares27,60,000 shares
Issue Size Total (Amount)up to ₹9.08 Crup to ₹14.90 Cr

IPO Timetable

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

 HRH Next IPOKay Cee Energy IPO
Anchor Bid DateDec 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 1Feb 02, 2024
Anchor Lockin End date 2Apr 02, 2024

Financials & KPIs

HRH Next IPO P/E ratio is 6.78, as compared to Kay Cee Energy IPO P/E ratio of 7.59.

 HRH Next IPOKay Cee Energy IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets31.1428.8218.6512.98
Total Income21.5351.2544.2824.24
Profit After Tax1.513.480.930.25
NET Worth13.2110.456.976.04
Reserves and Surplus6.6610.256.775.84
Total Borrowing10.849.914.434.02
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)97.8896.12
Promoter Shareholding (Post-Issue)69.61
P/E Ratio6.787.59
Market Cap₹33.14 Cr.₹59.18 Cr.
ROE39.94%25.13%
ROCE46.5722.32%
Debt/Equity0.121.04
EPS₹5.31₹7.11
RoNW33.29%25.13%

Shares Offered

In the HRH Next IPO Retail Individual Investors (RII) are offered 12,63,000 shares while in Kay Cee Energy IPO retail investors are offered 12,63,000 shares. Qualified Institutional Buyers (QIB) are offered in HRH Next IPO and 5,56,000 shares in Kay Cee Energy IPO.

 HRH Next IPOKay Cee Energy IPO
Anchor Investor Reservation8,00,000 shares
Market Maker Reservation1,35,000 shares1,90,000 shares
QIB5,56,000 shares
NII12,60,000 shares4,22,000 shares
RII12,63,000 shares9,82,000 shares
Employee
Others
Total25,23,000 shares27,60,000 shares

Bids Received (Subscription)

HRH Next IPO subscribed 66.29x in total, whereas Kay Cee Energy IPO subscribed 1,052.45x.

 HRH Next IPOKay Cee Energy IPO
QIB (times)127.71x
NII (times)66.91x1,668.97x
Big NII (times)
Small NII (times)
RII (times)63.61x1,311.10x
Employee (times)
Other (times)
Total (times)66.29x1,052.45x

Compare with others

Compare:

HRH Next IPO Vs Kay Cee Energy IPO