Comparison between Kranti Industries IPO and Surani Steel Tubes IPO.
Kranti Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Surani Steel Tubes IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kranti Industries IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Fast Track Finsec Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | SMC Global Securities Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kranti Industries IPO is up to ₹8.15 Cr whereas the issue size of the Surani Steel Tubes IPO is up to ₹12.26 Cr. The final issue price of Kranti Industries IPO is ₹37.00 per share and of Surani Steel Tubes IPO is ₹52.00 per share.
| Kranti Industries IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | |
| Issue Price (Upper) | ₹52.00 per share | |
| Issue Price (Final) | ₹37.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 16,35,000 shares | 23,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.05 Cr | up to ₹12.26 Cr |
| OFS Issue Size | 5,67,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.10 Cr | up to ₹0.00 Cr |
| Issue Size Total | 22,02,000 shares | 23,58,000 shares |
| Issue Size Total (Amount) | up to ₹8.15 Cr | up to ₹12.26 Cr |
Kranti Industries IPO opens on Feb 14, 2019, while Surani Steel Tubes IPO opens on Jan 25, 2019. The closing date of Kranti Industries IPO and Surani Steel Tubes IPO is Feb 20, 2019, and Jan 29, 2019, respectively.
| Kranti Industries IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 14, 2019 | Jan 25, 2019 |
| Issue Close | Feb 20, 2019 | Jan 29, 2019 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 28, 2019 | Feb 06, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Kranti Industries IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .
| Kranti Industries IPO | Surani Steel Tubes IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
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| Promoter Shareholding (Pre-Issue) | 68.18 | 20,95,000 Shares (36.12) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 54.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kranti Industries IPO Retail Individual Investors (RII) are offered 11,01,000 shares while in Surani Steel Tubes IPO retail investors are offered 11,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Kranti Industries IPO and in Surani Steel Tubes IPO.
| Kranti Industries IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,17,000 shares | 1,26,000 shares |
| QIB | ||
| NII | 11,01,000 shares | 11,78,000 shares |
| RII | 11,01,000 shares | 11,80,000 shares |
| Employee | ||
| Others | ||
| Total | 22,02,000 shares | 23,58,000 shares |
Kranti Industries IPO subscribed 1.29x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.
| Kranti Industries IPO | Surani Steel Tubes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.26x | 1.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.31x | 1.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.29x | 1.55x |
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