Kranti Industries IPO vs Mahip Industries IPO

Comparison between Kranti Industries IPO and Mahip Industries IPO.

IPO Details

Kranti Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mahip Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Kranti Industries IPO is up to ₹8.15 Cr whereas the issue size of the Mahip Industries IPO is up to ₹15.80 Cr. The final issue price of Kranti Industries IPO is ₹37.00 per share and of Mahip Industries IPO is ₹32.00 per share.

 Kranti Industries IPOMahip Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹37.00 per share₹32.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size16,35,000 shares49,36,000 shares
Fresh Issue Size (Amount)up to ₹6.05 Crup to ₹15.80 Cr
OFS Issue Size5,67,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.10 Crup to ₹0.00 Cr
Issue Size Total22,02,000 shares49,36,000 shares
Issue Size Total (Amount)up to ₹8.15 Crup to ₹15.80 Cr

IPO Timetable

Kranti Industries IPO opens on Feb 14, 2019, while Mahip Industries IPO opens on Feb 26, 2019. The closing date of Kranti Industries IPO and Mahip Industries IPO is Feb 20, 2019, and Mar 01, 2019, respectively.

 Kranti Industries IPOMahip Industries IPO
Issue OpenFeb 14, 2019Feb 26, 2019
Issue CloseFeb 20, 2019Mar 01, 2019
Basis Of Allotment (Tentative)Feb 25, 2019
Listing date (Tentative)Feb 28, 2019Mar 12, 2019

Financials & KPIs

Kranti Industries IPO P/E ratio is , as compared to Mahip Industries IPO P/E ratio of .

 Kranti Industries IPOMahip Industries IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets50.1543.7844.0141.35
Total Income33.2246.1129.2528.84
Profit After Tax1.370.89-0.94-0.21
EBITDA4.665.774.846.13
NET Worth14.4013.0312.1413.07
Reserves and Surplus7.355.985.096.02
Total Borrowing22.2119.1420.1821.21
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Aug 201831 Mar 201831 Mar 201731 Mar 2016
Assets68.8466.3953.3853.81
Total Income64.72140.78107.83104.40
Profit After Tax2.544.291.221.12
NET Worth25.1522.6115.7714.68
Reserves and Surplus11.1015.5814.6713.43
Total Borrowing33.6736.4232.8234.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.93%89.6%
Promoter Shareholding (Post-Issue)72.79%65.4%
Market Cap₹32.57 Cr.₹61.57 Cr.

Shares Offered

In the Kranti Industries IPO Retail Individual Investors (RII) are offered 11,01,000 shares while in Mahip Industries IPO retail investors are offered 11,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Kranti Industries IPO and in Mahip Industries IPO.

 Kranti Industries IPOMahip Industries IPO
Market Maker Reservation1,17,000 shares2,60,000 shares
NII11,01,000 shares24,68,000 shares
RII11,01,000 shares24,68,000 shares
Total22,02,000 shares49,36,000 shares

Bids Received (Subscription)

Kranti Industries IPO subscribed 1.29x in total, whereas Mahip Industries IPO subscribed 1.54x.

 Kranti Industries IPOMahip Industries IPO
NII (times)1.26x1.53x
RII (times)1.31x1.54x
Total (times)1.29x1.54x

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Kranti Industries IPO Vs Mahip Industries IPO