Comparison between Kross IPO and Shree Tirupati Balajee Agro IPO.
Kross IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shree Tirupati Balajee Agro IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Kross IPO is up to ₹500.00 Cr whereas the issue size of the Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr. The final issue price of Kross IPO is ₹240.00 per share and of Shree Tirupati Balajee Agro IPO is ₹83.00 per share.
| Kross IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹228.00 per share | ₹78.00 per share |
| Issue Price (Upper) | ₹240.00 per share | ₹83.00 per share |
| Issue Price (Final) | ₹240.00 per share | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 62 shares | 180 shares |
| Fresh Issue Size | 1,04,16,666 shares | 1,47,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹250.00 Cr | up to ₹122.43 Cr |
| OFS Issue Size | 1,04,16,666 shares | 56,90,000 shares |
| OFS Issue Size (Amount) | up to ₹250.00 Cr | up to ₹47.23 Cr |
| Issue Size Total | 2,08,33,332 shares | 2,04,40,000 shares |
| Issue Size Total (Amount) | up to ₹500.00 Cr | up to ₹169.65 Cr |
Kross IPO opens on Sep 09, 2024, while Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024. The closing date of Kross IPO and Shree Tirupati Balajee Agro IPO is Sep 11, 2024, and Sep 09, 2024, respectively.
| Kross IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Sep 04, 2024 |
| Issue Open | Sep 09, 2024 | Sep 05, 2024 |
| Issue Close | Sep 11, 2024 | Sep 09, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 10, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 11, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 11, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 12, 2024 |
| Anchor Lockin End date 1 | Oct 11, 2024 | Oct 09, 2024 |
| Anchor Lockin End date 2 | Dec 10, 2024 | Dec 08, 2024 |
Kross IPO P/E ratio is 28.93, as compared to Shree Tirupati Balajee Agro IPO P/E ratio of 15.37.
| Kross IPO | Shree Tirupati Balajee Agro IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 88.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.7 | 65.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.93 | 15.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1548.23 Cr. | ₹677.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.57% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.15% | 16.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.80 | 1.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.30 | ₹5.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.57% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kross IPO Retail Individual Investors (RII) are offered 72,91,667 shares while in Shree Tirupati Balajee Agro IPO retail investors are offered 72,91,667 shares. Qualified Institutional Buyers (QIB) are offered 41,66,666 shares in Kross IPO and 40,88,000 shares in Shree Tirupati Balajee Agro IPO.
| Kross IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Investor Reservation | 62,49,999 shares | 61,32,000 shares |
| Market Maker Reservation | ||
| QIB | 41,66,666 shares | 40,88,000 shares |
| NII | 31,25,000 shares | 30,66,000 shares |
| RII | 72,91,667 shares | 71,54,000 shares |
| Employee | ||
| Others | ||
| Total | 2,08,33,332 shares | 2,04,40,000 shares |
Kross IPO subscribed 17.66x in total, whereas Shree Tirupati Balajee Agro IPO subscribed 124.74x.
| Kross IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| QIB (times) | 24.55x | 150.87x |
| NII (times) | 23.40x | 210.12x |
| Big NII (times) | 23.21x | 225.47x |
| Small NII (times) | 23.77x | 179.41x |
| RII (times) | 11.26x | 73.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.66x | 124.74x |
