Comparison between Krishna Defence IPO and Swaraj Suiting IPO.
IPO Details
Krishna Defence IPO is a SME Fixed Price IPO proposed to list at NSE SME while Swaraj Suiting IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Krishna Defence IPO is up to ₹11.28 Cr whereas the issue size of the Swaraj Suiting IPO is up to ₹10.15 Cr. The final issue price of Krishna Defence IPO is ₹39.00 per share and of Swaraj Suiting IPO is ₹56.00 per share.
IPO Timetable
Krishna Defence IPO opens on Mar 25, 2022, while Swaraj Suiting IPO opens on Mar 15, 2022. The closing date of Krishna Defence IPO and Swaraj Suiting IPO is Mar 29, 2022, and Mar 17, 2022, respectively.
| | Krishna Defence IPO | Swaraj Suiting IPO |
|---|
| Anchor Bid Date | Mar 24, 2022 | |
| Issue Open | Mar 25, 2022 | Mar 15, 2022 |
| Issue Close | Mar 29, 2022 | Mar 17, 2022 |
| Basis Of Allotment (Tentative) | Apr 01, 2022 | Mar 23, 2022 |
| Initiation of Refunds (Tentative) | Apr 04, 2022 | Mar 24, 2022 |
| Credit of Share (Tentative) | Apr 05, 2022 | Mar 25, 2022 |
| Listing date (Tentative) | Apr 06, 2022 | Mar 28, 2022 |
| Anchor Lockin End date 1 | May 01, 2022 | |
Financials & KPIs
Krishna Defence IPO P/E ratio is 18, as compared to Swaraj Suiting IPO P/E ratio of 10.55.
Shares Offered
In the Krishna Defence IPO Retail Individual Investors (RII) are offered 10,14,000 shares while in Swaraj Suiting IPO retail investors are offered 10,14,000 shares. Qualified Institutional Buyers (QIB) are offered 5,79,000 shares in Krishna Defence IPO and in Swaraj Suiting IPO.
| | Krishna Defence IPO | Swaraj Suiting IPO |
|---|
| Anchor Investor Reservation | 8,64,000 shares | |
| Market Maker Reservation | 1,56,000 shares | 96,000 shares |
| QIB | 5,79,000 shares | |
| NII | 4,35,000 shares | 9,04,000 shares |
| RII | 10,14,000 shares | 9,08,000 shares |
| Total | 28,92,000 shares | 18,12,000 shares |
Bids Received (Subscription)
Krishna Defence IPO subscribed 74.84x in total, whereas Swaraj Suiting IPO subscribed 12.13x.
