Krishca Strapping Solutions IPO vs Spectrum Talent Management IPO

Comparison between Krishca Strapping Solutions IPO and Spectrum Talent Management IPO.

IPO Details

Krishca Strapping Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Spectrum Talent Management IPO is a SME Bookbuilding proposed to list at NSE SME.

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 Spectrum Talent Management IPO is up to ₹99.88 Cr. The final issue price of Krishca Strapping Solutions IPO is ₹54.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

 Krishca Strapping Solutions IPOSpectrum Talent Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹169.00 per share
Issue Price (Upper)₹54.00 per share₹173.00 per share
Issue Price (Final)₹54.00 per share₹173.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares800 shares
Fresh Issue Size30,20,000 shares48,81,600 shares
Fresh Issue Size (Amount)up to ₹16.31 Crup to ₹84.45 Cr
OFS Issue Size0 shares8,92,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹15.43 Cr
Issue Size Total30,20,000 shares57,73,600 shares
Issue Size Total (Amount)up to ₹16.31 Crup to ₹99.88 Cr

IPO Timetable

Krishca Strapping Solutions IPO opens on May 16, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Krishca Strapping Solutions IPO and Spectrum Talent Management IPO is May 19, 2023, and Jun 14, 2023, respectively.

 Krishca Strapping Solutions IPOSpectrum Talent Management IPO
Anchor Bid DateMay 15, 2023
Issue OpenMay 16, 2023Jun 09, 2023
Issue CloseMay 19, 2023Jun 14, 2023
Basis Of Allotment (Tentative)May 24, 2023Jun 19, 2023
Initiation of Refunds (Tentative)May 25, 2023Jun 20, 2023
Credit of Share (Tentative)May 26, 2023Jun 21, 2023
Listing date (Tentative)May 26, 2023Jun 22, 2023
Anchor Lockin End date 1Jun 23, 2023
Anchor Lockin End date 2Aug 22, 2023

Financials & KPIs

Krishca Strapping Solutions IPO P/E ratio is 3.43, as compared to Spectrum Talent Management IPO P/E ratio of 15.

 Krishca Strapping Solutions IPOSpectrum Talent Management IPO
Financials

Company Financials (Restated Standalone)

Period Ended15 Feb 202331 Mar 202231 Mar 202131 Mar 2020
Assets26.9715.4412.929.16
Total Income63.5118.729.710.98
Profit After Tax7.861.51-0.67-2.24
NET Worth9.451.60-1.200.64
Reserves and Surplus4.45-3.40-4.22-2.37
Total Borrowing11.939.3913.378.27
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets86.5864.7946.3040.81
Total Income584.16483.72302.96323.62
Profit After Tax19.9715.534.766.76
NET Worth48.4528.2719.7615.00
Reserves and Surplus30.5419.7210.2610.25
Total Borrowing2.5510.270.614.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.34100.00
Promoter Shareholding (Post-Issue)62.672.25
P/E Ratio3.4315
Market Cap₹65.18 Cr.₹89.71 Cr.
ROE
ROCE
Debt/Equity
EPS₹15.71₹10.25
RoNW0.8342.99

Shares Offered

In the Krishca Strapping Solutions IPO Retail Individual Investors (RII) are offered 10,58,000 shares while in Spectrum Talent Management 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 5,76,000 shares in Spectrum Talent Management IPO.

 Krishca Strapping Solutions IPOSpectrum Talent Management IPO
Anchor Investor Reservation9,04,000 shares
Market Maker Reservation3,00,000 shares3,04,000 shares
QIB6,04,000 shares5,76,000 shares
NII4,54,000 shares25,98,400 shares
RII10,58,000 shares25,99,200 shares
Employee
Others
Total30,20,000 shares57,73,600 shares

Bids Received (Subscription)

Krishca Strapping Solutions IPO subscribed 336.57x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

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Krishca Strapping Solutions IPO Vs Spectrum Talent Management IPO