Kewal Kiran Clothing IPO vs Solar Explosives IPO

Comparison between Kewal Kiran Clothing IPO and Solar Explosives IPO.

IPO Details

Kewal Kiran Clothing IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Solar Explosives IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Kewal Kiran Clothing IPO is up to ₹80.60 Cr whereas the issue size of the Solar Explosives IPO is up to ₹83.60 Cr. The final issue price of Kewal Kiran Clothing IPO is ₹260.00 per share and of Solar Explosives IPO is ₹190.00 per share.

 Kewal Kiran Clothing IPOSolar Explosives IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹250.00 per share₹170.00 per share
Issue Price (Upper)₹275.00 per share₹190.00 per share
Issue Price (Final)₹260.00 per share₹190.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size31,00,000 shares44,00,000 shares
Fresh Issue Size (Amount)up to ₹80.60 Crup to ₹83.60 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,00,000 shares44,00,000 shares
Issue Size Total (Amount)up to ₹80.60 Crup to ₹83.60 Cr

IPO Timetable

Kewal Kiran Clothing IPO opens on Mar 20, 2006, while Solar Explosives IPO opens on Mar 09, 2006. The closing date of Kewal Kiran Clothing IPO and Solar Explosives IPO is Mar 23, 2006, and Mar 13, 2006, respectively.

Financials & KPIs

Kewal Kiran Clothing IPO P/E ratio is , as compared to Solar Explosives IPO P/E ratio of 16.38.

 Kewal Kiran Clothing IPOSolar Explosives IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 200531 Mar 200431 Mar 200331 Mar 2002
Assets98.2684.9469.1748.12
Total Income136.2399.0274.5059.23
Profit After Tax14.998.806.366.72
Reserves and Surplus44.1430.6022.5118.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.26100
Promoter Shareholding (Post-Issue)71.3274.6
P/E Ratio16.38
Market Cap₹320.45 Cr.₹329.15 Cr.
ROE
ROCE
Debt/Equity0.51
EPS₹11.60
RoNW30.05

Shares Offered

In the Kewal Kiran Clothing IPO Retail Individual Investors (RII) are offered 10,85,000 shares while in Solar Explosives IPO retail investors are offered 10,85,000 shares. Qualified Institutional Buyers (QIB) are offered 15,50,000 shares in Kewal Kiran Clothing IPO and 21,70,000 shares in Solar Explosives IPO.

 Kewal Kiran Clothing IPOSolar Explosives IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB15,50,000 shares21,70,000 shares
NII4,65,000 shares6,51,000 shares
RII10,85,000 shares15,19,000 shares
Employee0 shares60,000 shares
Others
Total31,00,000 shares44,00,000 shares

Bids Received (Subscription)

Kewal Kiran Clothing IPO subscribed in total, whereas Solar Explosives IPO subscribed .

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