Krishana Phoschem IPO vs Nitiraj Engineers IPO

Comparison between Krishana Phoschem IPO and Nitiraj Engineers IPO.

IPO Details

Krishana Phoschem IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nitiraj Engineers IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Krishana Phoschem IPO is up to ₹18.72 Cr whereas the issue size of the Nitiraj Engineers IPO is up to ₹20.90 Cr. The final issue price of Krishana Phoschem IPO is ₹30.00 per share and of Nitiraj Engineers IPO is ₹100.00 per share.

 Krishana Phoschem IPONitiraj Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1200 shares
Fresh Issue Size0 shares20,90,400 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹20.90 Cr
OFS Issue Size62,40,000 shares0 shares
OFS Issue Size (Amount)up to ₹18.72 Crup to ₹0.00 Cr
Issue Size Total62,40,000 shares20,90,400 shares
Issue Size Total (Amount)up to ₹18.72 Crup to ₹20.90 Cr

IPO Timetable

Krishana Phoschem IPO opens on Feb 13, 2017, while Nitiraj Engineers IPO opens on Feb 20, 2017. The closing date of Krishana Phoschem IPO and Nitiraj Engineers IPO is Feb 16, 2017, and Mar 01, 2017, respectively.

 Krishana Phoschem IPONitiraj Engineers IPO
Issue OpenFeb 13, 2017Feb 20, 2017
Issue CloseFeb 16, 2017Mar 01, 2017
Basis Of Allotment (Tentative)Feb 21, 2017Mar 06, 2017
Listing date (Tentative)Feb 27, 2017Mar 09, 2017

Financials & KPIs

Krishana Phoschem IPO P/E ratio is , as compared to Nitiraj Engineers IPO P/E ratio of .

 Krishana Phoschem IPONitiraj Engineers IPO
Financials

Company Financials (Restated)

Period Ended30 Nov 201631 Mar 201631 Mar 201531 Mar 2014
Assets129.93115.72121.91112.35
Total Income45.2090.6377.2690.84
Profit After Tax3.923.152.935.05
NET Worth57.7244.6341.4832.61
Reserves and Surplus62.3053.9552.1547.57
Total Borrowing27.9329.2129.6729.17
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets50.3349.0937.0632.70
Total Income32.0156.5443.8741.17
Profit After Tax4.515.504.183.89
NET Worth37.6133.4728.0623.87
Reserves and Surplus31.6127.4727.0622.87
Total Borrowing5.427.192.020.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.66%90.00%
Promoter Shareholding (Post-Issue)57.25%65.85%
Market Cap₹74.70 Cr.₹82.01 Cr.

Shares Offered

In the Krishana Phoschem IPO Retail Individual Investors (RII) are offered 31,20,000 shares while in Nitiraj Engineers IPO retail investors are offered 31,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Krishana Phoschem IPO and 0 shares in Nitiraj Engineers IPO.

 Krishana Phoschem IPONitiraj Engineers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,36,000 shares1,10,400 shares
QIB0 shares0 shares
NII31,20,000 shares10,45,200 shares
RII31,20,000 shares10,45,200 shares
Employee0 shares0 shares
Total62,40,000 shares20,90,400 shares

Bids Received (Subscription)

Krishana Phoschem IPO subscribed 34.61x in total, whereas Nitiraj Engineers IPO subscribed 1.43x.

 Krishana Phoschem IPONitiraj Engineers IPO
NII (times)12.71x1.68x
RII (times)56.51x1.18x
Total (times)34.61x1.43x

Compare with others

Compare:

Krishana Phoschem IPO Vs Nitiraj Engineers IPO