Comparison between KRN Heat Exchanger IPO and Northern Arc Capital IPO.
KRN Heat Exchanger IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Northern Arc Capital IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of KRN Heat Exchanger IPO is up to ₹341.95 Cr whereas the issue size of the Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of KRN Heat Exchanger IPO is ₹220.00 per share and of Northern Arc Capital IPO is ₹263.00 per share.
| KRN Heat Exchanger IPO | Northern Arc Capital IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹209.00 per share | ₹249.00 per share |
| Issue Price (Upper) | ₹220.00 per share | ₹263.00 per share |
| Issue Price (Final) | ₹220.00 per share | ₹263.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹24.00 per share | |
| Market Lot Size | 65 shares | 57 shares |
| Fresh Issue Size | 1,55,43,000 shares | 1,90,65,326 shares |
| Fresh Issue Size (Amount) | up to ₹341.95 Cr | up to ₹500.50 Cr |
| OFS Issue Size | 0 shares | 1,05,32,320 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹276.50 Cr |
| Issue Size Total | 1,55,43,000 shares | 2,95,97,646 shares |
| Issue Size Total (Amount) | up to ₹341.95 Cr | up to ₹777.00 Cr |
KRN Heat Exchanger IPO opens on Sep 25, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of KRN Heat Exchanger IPO and Northern Arc Capital IPO is Sep 27, 2024, and Sep 19, 2024, respectively.
| KRN Heat Exchanger IPO | Northern Arc Capital IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2024 | Sep 13, 2024 |
| Issue Open | Sep 25, 2024 | Sep 16, 2024 |
| Issue Close | Sep 27, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 30, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Oct 01, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Oct 01, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Oct 03, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 30, 2024 | Oct 19, 2024 |
| Anchor Lockin End date 2 | Dec 29, 2024 | Dec 18, 2024 |
KRN Heat Exchanger IPO P/E ratio is 24.78, as compared to Northern Arc Capital IPO P/E ratio of 11.78.
| KRN Heat Exchanger IPO | Northern Arc Capital IPO | |||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.39 | |||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.78 | |||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.78 | 11.78 | ||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1309.51 Cr. | ₹4242.86 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.86% | |||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.21% | |||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | 3.90 | ||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.88 | ₹22.32 | ||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.68% | 13.32% | ||||||||||||||||||||||||||||||||||||||||||||||
In the KRN Heat Exchanger IPO Retail Individual Investors (RII) are offered 54,98,330 shares while in Northern Arc Capital IPO retail investors are offered 54,98,330 shares. Qualified Institutional Buyers (QIB) are offered 31,07,455 shares in KRN Heat Exchanger IPO and 58,01,354 shares in Northern Arc Capital IPO.
| KRN Heat Exchanger IPO | Northern Arc Capital IPO | |
|---|---|---|
| Anchor Investor Reservation | 45,50,000 shares | 87,02,031 shares |
| Market Maker Reservation | ||
| QIB | 31,07,455 shares | 58,01,354 shares |
| NII | 23,87,215 shares | 43,51,016 shares |
| RII | 54,98,330 shares | 1,01,52,371 shares |
| Employee | 5,90,874 shares | |
| Others | ||
| Total | 1,55,43,000 shares | 2,95,97,646 shares |
KRN Heat Exchanger IPO subscribed 213.41x in total, whereas Northern Arc Capital IPO subscribed 117.19x.
| KRN Heat Exchanger IPO | Northern Arc Capital IPO | |
|---|---|---|
| QIB (times) | 253.04x | 242.73x |
| NII (times) | 430.54x | 147.58x |
| Big NII (times) | 445.31x | 160.48x |
| Small NII (times) | 401.01x | 121.79x |
| RII (times) | 96.74x | 32.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 213.41x | 117.19x |
