Comparison between Kenrik Industries IPO and PRO FX Tech IPO.
Kenrik Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while PRO FX Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kenrik Industries IPO | PRO FX Tech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Turnaround Corporate Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Mnm Stock Broking Pvt.Ltd. | Hem Finlease Pvt.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 Kenrik Industries IPO is up to ₹8.30 Cr whereas the issue size of the PRO FX Tech IPO is up to ₹38.21 Cr. The final issue price of Kenrik Industries IPO is ₹25.00 per share and of PRO FX Tech IPO is ₹87.00 per share.
| Kenrik Industries IPO | PRO FX Tech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹82.00 per share | |
| Issue Price (Upper) | ₹87.00 per share | |
| Issue Price (Final) | ₹25.00 per share | ₹87.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1600 shares |
| Fresh Issue Size | 33,18,000 shares | 43,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.30 Cr | up to ₹38.21 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 33,18,000 shares | 43,92,000 shares |
| Issue Size Total (Amount) | up to ₹8.30 Cr | up to ₹38.21 Cr |
Kenrik Industries IPO opens on Apr 29, 2025, while PRO FX Tech IPO opens on Jun 26, 2025. The closing date of Kenrik Industries IPO and PRO FX Tech IPO is May 06, 2025, and Jun 30, 2025, respectively.
| Kenrik Industries IPO | PRO FX Tech IPO | |
|---|---|---|
| Anchor Bid Date | Jun 25, 2025 | |
| Issue Open | Apr 29, 2025 | Jun 26, 2025 |
| Issue Close | May 06, 2025 | Jun 30, 2025 |
| Basis Of Allotment (Tentative) | May 07, 2025 | Jul 01, 2025 |
| Initiation of Refunds (Tentative) | May 08, 2025 | Jul 02, 2025 |
| Credit of Share (Tentative) | May 08, 2025 | Jul 02, 2025 |
| Listing date (Tentative) | May 09, 2025 | Jul 03, 2025 |
| Anchor Lockin End date 1 | Jul 31, 2025 | |
| Anchor Lockin End date 2 | Sep 29, 2025 |
Kenrik Industries IPO P/E ratio is 20.74, as compared to PRO FX Tech IPO P/E ratio of 9.15.
| Kenrik Industries IPO | PRO FX Tech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)PRO FX Tech Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 68.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.01 | 50.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.74 | 9.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31.24 Cr. | ₹152.28 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.01 | 39.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.85 | 45.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.06 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.21 | ₹9.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 8.62 | 33.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kenrik Industries IPO Retail Individual Investors (RII) are offered 16,62,000 shares while in PRO FX Tech IPO retail investors are offered 16,62,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kenrik Industries IPO and 8,78,400 shares in PRO FX Tech IPO.
| Kenrik Industries IPO | PRO FX Tech IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,16,800 shares | |
| Market Maker Reservation | 1,80,000 shares | 2,40,000 shares |
| QIB | 0 shares | 8,78,400 shares |
| NII | 16,56,000 shares | 6,59,200 shares |
| RII | 16,62,000 shares | 15,37,600 shares |
| Employee | ||
| Others | ||
| Total | 33,18,000 shares | 43,92,000 shares |
Kenrik Industries IPO subscribed 2.00x in total, whereas PRO FX Tech IPO subscribed 25.42x.
| Kenrik Industries IPO | PRO FX Tech IPO | |
|---|---|---|
| QIB (times) | 22.03x | |
| NII (times) | 0.20x | 56.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.79x | 14.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.00x | 25.42x |
