Cospower Engineering IPO vs Ksolves India IPO

Comparison between Cospower Engineering IPO and Ksolves India IPO.

IPO Details

Cospower Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ksolves India IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Cospower Engineering IPO is up to ₹1.92 Cr whereas the issue size of the Ksolves India IPO is up to ₹3.82 Cr. The final issue price of Cospower Engineering IPO is ₹51.00 per share and of Ksolves India IPO is ₹100.00 per share.

 Cospower Engineering IPOKsolves India IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size3,76,000 shares3,81,600 shares
Fresh Issue Size (Amount)up to ₹1.92 Crup to ₹3.82 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,76,000 shares3,81,600 shares
Issue Size Total (Amount)up to ₹1.92 Crup to ₹3.82 Cr

IPO Timetable

Cospower Engineering IPO opens on Mar 17, 2020, while Ksolves India IPO opens on Jun 23, 2020. The closing date of Cospower Engineering IPO and Ksolves India IPO is Mar 19, 2020, and Jun 26, 2020, respectively.

 Cospower Engineering IPOKsolves India IPO
Issue OpenMar 17, 2020Jun 23, 2020
Issue CloseMar 19, 2020Jun 26, 2020
Basis Of Allotment (Tentative)Jul 01, 2020
Listing date (Tentative)Mar 30, 2020Jul 06, 2020

Financials & KPIs

Cospower Engineering IPO P/E ratio is 23, as compared to Ksolves India IPO P/E ratio of .

 Cospower Engineering IPOKsolves India IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets8.778.358.878.02
Total Income7.4913.038.619.57
Profit After Tax0.250.520.190.28
EBITDA0.631.040.640.88
NET Worth1.831.581.070.87
Reserves and Surplus0.831.430.920.72
Total Borrowing4.042.524.404.13
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets1.660.690.53
Total Income8.155.433.41
Profit After Tax0.670.160.06
EBITDA1.070.300.14
NET Worth0.870.200.22
Reserves and Surplus0.850.180.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%93.33%
Promoter Shareholding (Post-Issue)73.33%68.02%
P/E Ratio23
Market Cap₹7.65 Cr.₹14.82 Cr.

Shares Offered

In the Cospower Engineering IPO Retail Individual Investors (RII) are offered 1,88,000 shares while in Ksolves India IPO retail investors are offered 1,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Cospower Engineering IPO and in Ksolves India IPO.

 Cospower Engineering IPOKsolves India IPO
Market Maker Reservation24,000 shares20,400 shares
NII1,88,000 shares1,90,800 shares
RII1,88,000 shares1,90,800 shares
Total3,76,000 shares3,81,600 shares

Bids Received (Subscription)

Cospower Engineering IPO subscribed 1.53x in total, whereas Ksolves India IPO subscribed 1.42x.

 Cospower Engineering IPOKsolves India IPO
NII (times)2.36x2.22x
RII (times)0.69x0.62x
Total (times)1.53x1.42x

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Cospower Engineering IPO Vs Ksolves India IPO