Kshitij Polyline IPO vs Synergy Green Industries IPO

Comparison between Kshitij Polyline IPO and Synergy Green Industries IPO.

IPO Details

Kshitij Polyline IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Kshitij Polyline IPO is up to ₹8.29 Cr whereas the issue size of the Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Kshitij Polyline IPO is ₹35.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.

 Kshitij Polyline IPOSynergy Green Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹35.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size23,68,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹8.29 Crup to ₹25.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,68,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹8.29 Crup to ₹25.12 Cr

IPO Timetable

Kshitij Polyline IPO opens on Sep 21, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Kshitij Polyline IPO and Synergy Green Industries IPO is Sep 27, 2018, and Sep 11, 2018, respectively.

 Kshitij Polyline IPOSynergy Green Industries IPO
Issue OpenSep 21, 2018Sep 04, 2018
Issue CloseSep 27, 2018Sep 11, 2018
Basis Of Allotment (Tentative)Oct 03, 2018Sep 17, 2018
Initiation of Refunds (Tentative)Oct 04, 2018
Credit of Share (Tentative)Oct 05, 2018
Listing date (Tentative)Oct 08, 2018Sep 21, 2018

Financials & KPIs

Kshitij Polyline IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .

 Kshitij Polyline IPOSynergy Green Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets24.7717.1914.83
Total Income27.4317.0115.57
Profit After Tax1.060.280.20
NET Worth8.624.112.08
Reserves and Surplus3.321.110.33
Total Borrowing9.1510.3211.23
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets108.3691.7982.53
Total Income103.13120.6782.60
Profit After Tax4.664.861.55
NET Worth8.97-0.70-5.56
Reserves and Surplus-12.09-18.51-23.37
Total Borrowing36.3142.5045.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.14%98.97%
Promoter Shareholding (Post-Issue)62.76%72.49%
Market Cap₹30.39 Cr.₹98.91 Cr.

Shares Offered

In the Kshitij Polyline IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Synergy Green Industries IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kshitij Polyline IPO and 0 shares in Synergy Green Industries IPO.

 Kshitij Polyline IPOSynergy Green Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,32,000 shares1,92,000 shares
QIB0 shares0 shares
NII11,84,000 shares17,94,000 shares
RII11,84,000 shares17,94,000 shares
Employee0 shares0 shares
Total23,68,000 shares35,88,000 shares

Bids Received (Subscription)

Kshitij Polyline IPO subscribed 1.45x in total, whereas Synergy Green Industries IPO subscribed 1.13x.

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