Ksolves India IPO vs Nirmitee Robotics IPO

Comparison between Ksolves India IPO and Nirmitee Robotics IPO.

IPO Details

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

Issue Size and Price

The total issue size of Ksolves India IPO is up to ₹3.82 Cr whereas the issue size of the Nirmitee Robotics IPO is up to ₹3.06 Cr. The final issue price of Ksolves India IPO is ₹100.00 per share and of Nirmitee Robotics IPO is ₹185.00 per share.

 Ksolves India IPONirmitee Robotics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹100.00 per share₹185.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares600 shares
Fresh Issue Size3,81,600 shares1,65,600 shares
Fresh Issue Size (Amount)up to ₹3.82 Crup to ₹3.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,81,600 shares1,65,600 shares
Issue Size Total (Amount)up to ₹3.82 Crup to ₹3.06 Cr

IPO Timetable

Ksolves India IPO opens on Jun 23, 2020, while Nirmitee Robotics IPO opens on Mar 31, 2020. The closing date of Ksolves India IPO and Nirmitee Robotics IPO is Jun 26, 2020, and Apr 09, 2020, respectively.

 Ksolves India IPONirmitee Robotics IPO
Issue OpenJun 23, 2020Mar 31, 2020
Issue CloseJun 26, 2020Apr 09, 2020
Basis Of Allotment (Tentative)Jul 01, 2020Apr 16, 2020
Initiation of Refunds (Tentative)Apr 17, 2020
Credit of Share (Tentative)Apr 20, 2020
Listing date (Tentative)Jul 06, 2020Apr 21, 2020

Financials & KPIs

Ksolves India IPO P/E ratio is , as compared to Nirmitee Robotics IPO P/E ratio of 185.

 Ksolves India IPONirmitee Robotics IPO
Financials

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

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets2.252.391.060.12
Total Income1.002.040.700.06
Profit After Tax0.030.210.020.01
NET Worth2.011.980.270.02
Reserves and Surplus0.260.230.030.01
Total Borrowing0.080.080.080.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.33%100%
Promoter Shareholding (Post-Issue)68.02%70.81%
P/E Ratio185
Market Cap₹14.82 Cr.₹11.10 Cr.

Shares Offered

In the Ksolves India IPO Retail Individual Investors (RII) are offered 1,90,800 shares while in Nirmitee Robotics IPO retail investors are offered 1,90,800 shares. Qualified Institutional Buyers (QIB) are offered in Ksolves India IPO and in Nirmitee Robotics IPO.

 Ksolves India IPONirmitee Robotics IPO
Market Maker Reservation20,400 shares9,600 shares
NII1,90,800 shares82,800 shares
RII1,90,800 shares82,800 shares
Total3,81,600 shares1,65,600 shares

Bids Received (Subscription)

Ksolves India IPO subscribed 1.42x in total, whereas Nirmitee Robotics IPO subscribed 1.15x.

 Ksolves India IPONirmitee Robotics IPO
NII (times)2.22x1.67x
RII (times)0.62x0.63x
Total (times)1.42x1.15x

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Ksolves India IPO Vs Nirmitee Robotics IPO