Kritika Wires IPO vs Parin Furniture IPO

Comparison between Kritika Wires IPO and Parin Furniture IPO.

IPO Details

Kritika Wires IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Parin Furniture IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Kritika Wires IPO is up to ₹14.59 Cr whereas the issue size of the Parin Furniture IPO is up to ₹17.89 Cr. The final issue price of Kritika Wires IPO is ₹32.00 per share and of Parin Furniture IPO is ₹63.00 per share.

 Kritika Wires IPOParin Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹32.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size45,60,000 shares28,40,000 shares
Fresh Issue Size (Amount)up to ₹14.59 Crup to ₹17.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,60,000 shares28,40,000 shares
Issue Size Total (Amount)up to ₹14.59 Crup to ₹17.89 Cr

IPO Timetable

Kritika Wires IPO opens on Sep 26, 2018, while Parin Furniture IPO opens on Sep 26, 2018. The closing date of Kritika Wires IPO and Parin Furniture IPO is Oct 01, 2018, and Sep 28, 2018, respectively.

 Kritika Wires IPOParin Furniture IPO
Issue OpenSep 26, 2018Sep 26, 2018
Issue CloseOct 01, 2018Sep 28, 2018
Basis Of Allotment (Tentative)Oct 05, 2018Oct 04, 2018
Initiation of Refunds (Tentative)Oct 05, 2018
Credit of Share (Tentative)Oct 05, 2018
Listing date (Tentative)Oct 10, 2018Oct 09, 2018

Financials & KPIs

Kritika Wires IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

 Kritika Wires IPOParin Furniture IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets134.80113.09115.73
Total Income257.89207.06217.30
Profit After Tax4.942.671.05
NET Worth39.0134.0729.40
Reserves and Surplus26.0727.6023.33
Total Borrowing44.9439.5332.53
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.6443.4539.63
Total Income64.5959.9461.78
Profit After Tax2.621.361.02
EBITDA7.205.854.92
NET Worth15.475.654.29
Reserves and Surplus7.545.353.99
Total Borrowing23.2629.2525.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.89%73.02%
Market Cap₹56.81 Cr.₹70.04 Cr.

Shares Offered

In the Kritika Wires IPO Retail Individual Investors (RII) are offered 22,80,000 shares while in Parin Furniture IPO retail investors are offered 22,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kritika Wires IPO and 2,84,000 shares in Parin Furniture IPO.

 Kritika Wires IPOParin Furniture IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,52,000 shares1,60,000 shares
QIB0 shares2,84,000 shares
NII22,80,000 shares15,62,000 shares
RII22,80,000 shares9,94,000 shares
Employee0 shares0 shares
Total45,60,000 shares28,40,000 shares

Bids Received (Subscription)

Kritika Wires IPO subscribed 1.98x in total, whereas Parin Furniture IPO subscribed 2.45x.

 Kritika Wires IPOParin Furniture IPO
QIB (times)1.00x
NII (times)3.45x1.89x
RII (times)0.52x3.74x
Total (times)1.98x2.45x

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Kritika Wires IPO Vs Parin Furniture IPO