Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

KN Agri Resources IPO vs SP Refractories IPO

Comparison between KN Agri Resources IPO and SP Refractories IPO.

IPO Details

KN Agri Resources IPO is a SME Fixed Price IPO proposed to list at NSE SME while SP Refractories IPO is a SME Fixed Price proposed to list at NSE SME.

 KN Agri Resources IPOSP Refractories IPO
LogoKN Agri Resources IPO LogoSP Refractories IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Aryaman Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of KN Agri Resources IPO is up to ₹46.88 Cr whereas the issue size of the SP Refractories IPO is up to ₹4.67 Cr. The final issue price of KN Agri Resources IPO is ₹75.00 per share and of SP Refractories IPO is ₹90.00 per share.

 KN Agri Resources IPOSP Refractories 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)₹75.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size62,51,200 shares2,68,800 shares
Fresh Issue Size (Amount)up to ₹46.88 Crup to ₹2.42 Cr
OFS Issue Size0 shares2,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.25 Cr
Issue Size Total62,51,200 shares5,18,400 shares
Issue Size Total (Amount)up to ₹46.88 Crup to ₹4.67 Cr

IPO Timetable

KN Agri Resources IPO opens on Mar 15, 2022, while SP Refractories IPO opens on Mar 09, 2022. The closing date of KN Agri Resources IPO and SP Refractories IPO is Mar 17, 2022, and Mar 11, 2022, respectively.

 KN Agri Resources IPOSP Refractories IPO
Anchor Bid DateMar 14, 2022
Issue OpenMar 15, 2022Mar 09, 2022
Issue CloseMar 17, 2022Mar 11, 2022
Basis Of Allotment (Tentative)Mar 23, 2022Mar 16, 2022
Initiation of Refunds (Tentative)Mar 24, 2022Mar 17, 2022
Credit of Share (Tentative)Mar 25, 2022Mar 21, 2022
Listing date (Tentative)Mar 28, 2022Mar 22, 2022
Anchor Lockin End date 1Apr 22, 2022
Anchor Lockin End date 2Jun 21, 2022

Financials & KPIs

KN Agri Resources IPO P/E ratio is 5.57, as compared to SP Refractories IPO P/E ratio of 9.94.

 KN Agri Resources IPOSP Refractories IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakh)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 20,189.43 19,255.07 14,835.30 19,466.14
Total Revenue 59,467.46 130,119.34 85,319.66 129,246.84
Profit After Tax 1,683.92 2,618.93 1,320.67 2,140.47
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,232.20 1,057.17 898.33 792.01
Total Revenue 1,447.64 2,572.48 2,099.59 1,855.95
Profit After Tax 80.74 75.35 39.93 20.59
Promoter Shareholding (Pre-Issue)99.99100
Promoter Shareholding (Post-Issue)73.6669.42
P/E Ratio5.579.94
Market Cap₹187.49 Cr.₹16.11 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the KN Agri Resources IPO Retail Individual Investors (RII) are offered 21,88,800 shares while in SP Refractories IPO retail investors are offered 21,88,800 shares. Qualified Institutional Buyers (QIB) are offered 12,49,600 shares in KN Agri Resources IPO and in SP Refractories IPO.

 KN Agri Resources IPOSP Refractories IPO
Anchor Investor Reserveration18,73,600 shares
Market Maker Reserveration3,32,800 shares28,800 shares
QIB12,49,600 shares
NII9,39,200 shares2,59,200 shares
RII21,88,800 shares2,59,200 shares
Employee
Others
Total62,51,200 shares5,18,400 shares

Bids Received (Subscription)

KN Agri Resources IPO subscribed 151.90x in total, whereas SP Refractories IPO subscribed 7.24x.

 KN Agri Resources IPOSP Refractories IPO
QIB (times)10.66x
NII (times)771.64x5.64x
Big NII (times)
Small NII (times)
RII (times)87.52x8.85x
Employee (times)
Other (times)
Total (times)151.90x7.24x