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Krishca Strapping Solutions IPO vs Remus Pharmaceuticals IPO

Comparison between Krishca Strapping Solutions IPO and Remus Pharmaceuticals IPO.

IPO Details

Krishca Strapping Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Remus Pharmaceuticals IPO is a SME Bookbuilding proposed to list at NSE SME.

 Krishca Strapping Solutions IPORemus Pharmaceuticals IPO
LogoKrishca Strapping Solutions IPO LogoRemus Pharmaceuticals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersShare India Capital Services Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShare India Securities Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Krishca Strapping Solutions IPO is up to ₹16.31 Cr whereas the issue size of the Remus Pharmaceuticals IPO is up to ₹45.29 Cr. The final issue price of Krishca Strapping Solutions IPO is ₹54.00 per share and of Remus Pharmaceuticals IPO is ₹1,229.00 per share.

 Krishca Strapping Solutions IPORemus Pharmaceuticals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹1,150.00 per share
Issue Price (Upper)₹54.00 per share₹1,229.00 per share
Issue Price (Final)₹54.00 per share₹1,229.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares100 shares
Fresh Issue Size30,20,000 shares3,68,500 shares
Fresh Issue Size (Amount)up to ₹16.31 Crup to ₹45.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,20,000 shares3,68,500 shares
Issue Size Total (Amount)up to ₹16.31 Crup to ₹45.29 Cr

IPO Timetable

Krishca Strapping Solutions IPO opens on May 16, 2023, while Remus Pharmaceuticals IPO opens on May 17, 2023. The closing date of Krishca Strapping Solutions IPO and Remus Pharmaceuticals IPO is May 19, 2023, and May 19, 2023, respectively.

 Krishca Strapping Solutions IPORemus Pharmaceuticals IPO
Anchor Bid DateMay 15, 2023May 16, 2023
Issue OpenMay 16, 2023May 17, 2023
Issue CloseMay 19, 2023May 19, 2023
Basis Of Allotment (Tentative)May 24, 2023May 24, 2023
Initiation of Refunds (Tentative)May 25, 2023May 25, 2023
Credit of Share (Tentative)May 26, 2023May 26, 2023
Listing date (Tentative)May 26, 2023May 29, 2023
Anchor Lockin End date 1Jun 23, 2023Jun 23, 2023
Anchor Lockin End date 2Aug 22, 2023Aug 22, 2023

Financials & KPIs

Krishca Strapping Solutions IPO P/E ratio is 3.43, as compared to Remus Pharmaceuticals IPO P/E ratio of 21.09.

 Krishca Strapping Solutions IPORemus Pharmaceuticals IPO
Financials
Krishca Strapping Solutions Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20915.7598.15-223.9264.34-237.02827.36
31-Mar-211,292.02971.05-67.25-120.28-421.641,337.48
31-Mar-221,544.001,871.71150.54159.51-340.49939.28
15-Feb-232,696.966,351.23785.75945.26445.261,193.01
Amount in ₹ Lakhs
Remus Pharmaceuticals Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20530.361,276.8981.16202.03201.0335.93
31-Mar-211,104.961,922.45102.58304.61303.6127.89
31-Mar-221,590.932,543.71338.57643.17543.1719.17
31-Dec-223,352.963,361.20643.901,712.071,603.57947.45
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.3492.82
Promoter Shareholding (Post-Issue)62.668.37
P/E Ratio3.4321.09
Market Cap₹65.18 Cr.₹181.03 Cr.
ROE71.44%
ROCE69.99%
Debt/Equity0.03
EPS₹15.71₹33.86
RoNW0.83%52.64%

Shares Offered

In the Krishca Strapping Solutions IPO Retail Individual Investors (RII) are offered 10,58,000 shares while in Remus Pharmaceuticals IPO retail investors are offered 10,58,000 shares. Qualified Institutional Buyers (QIB) are offered 6,04,000 shares in Krishca Strapping Solutions IPO and 73,700 shares in Remus Pharmaceuticals IPO.

 Krishca Strapping Solutions IPORemus Pharmaceuticals IPO
Anchor Investor Reserveration9,04,000 shares1,10,500 shares
Market Maker Reserveration3,00,000 shares19,500 shares
QIB6,04,000 shares73,700 shares
NII4,54,000 shares55,300 shares
RII10,58,000 shares1,29,000 shares
Employee
Others
Total30,20,000 shares3,68,500 shares

Bids Received (Subscription)

Krishca Strapping Solutions IPO subscribed 336.57x in total, whereas Remus Pharmaceuticals IPO subscribed 57.21x.

 Krishca Strapping Solutions IPORemus Pharmaceuticals IPO
QIB (times)36.10x10.75x
NII (times)786.89x229.31x
Big NII (times)
Small NII (times)
RII (times)572.83x49.81x
Employee (times)
Other (times)
Total (times)336.57x57.21x