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Kshitij Polyline IPO vs Ranjeet Mechatronics IPO

Comparison between Kshitij Polyline IPO and Ranjeet Mechatronics IPO.

IPO Details

Kshitij Polyline IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ranjeet Mechatronics IPO is a SME Fixed Price proposed to list at BSE SME.

 Kshitij Polyline IPORanjeet Mechatronics IPO
LogoKshitij Polyline IPO LogoRanjeet Mechatronics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersMonarch Networth Capital Ltd.Beeline Broking Ltd.
RegistrarKfin Technologies Ltd.Alankit Assignments Ltd.
Market MakerMonarch Networth Capital Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Kshitij Polyline IPO is up to ₹8.29 Cr whereas the issue size of the Ranjeet Mechatronics IPO is up to ₹4.26 Cr. The final issue price of Kshitij Polyline IPO is ₹35.00 per share and of Ranjeet Mechatronics IPO is ₹25.00 per share.

 Kshitij Polyline IPORanjeet Mechatronics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹35.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares6000 shares
Fresh Issue Size23,68,000 shares17,04,000 shares
Fresh Issue Size (Amount)up to ₹8.29 Crup to ₹4.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,68,000 shares17,04,000 shares
Issue Size Total (Amount)up to ₹8.29 Crup to ₹4.26 Cr

IPO Timetable

Kshitij Polyline IPO opens on Sep 21, 2018, while Ranjeet Mechatronics IPO opens on Sep 12, 2018. The closing date of Kshitij Polyline IPO and Ranjeet Mechatronics IPO is Sep 27, 2018, and Sep 17, 2018, respectively.

 Kshitij Polyline IPORanjeet Mechatronics IPO
Issue OpenSep 21, 2018Sep 12, 2018
Issue CloseSep 27, 2018Sep 17, 2018
Basis Of Allotment (Tentative)Oct 03, 2018Sep 21, 2018
Initiation of Refunds (Tentative)Oct 04, 2018Sep 25, 2018
Credit of Share (Tentative)Oct 05, 2018Sep 25, 2018
Listing date (Tentative)Oct 08, 2018Sep 26, 2018

Financials & KPIs

Kshitij Polyline IPO P/E ratio is , as compared to Ranjeet Mechatronics IPO P/E ratio of .

 Kshitij Polyline IPORanjeet Mechatronics 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
Assets22.4220.8418.06
Total Income18.0417.6425.29
Profit After Tax0.910.510.16
NET Worth2.591.671.16
Reserves and Surplus2.041.120.61
Total Borrowing12.1610.097.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.14%85.22%
Promoter Shareholding (Post-Issue)62.76%61.98%
Market Cap₹30.39 Cr.₹16.50 Cr.

Shares Offered

In the Kshitij Polyline IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Ranjeet Mechatronics 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 Ranjeet Mechatronics IPO.

 Kshitij Polyline IPORanjeet Mechatronics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,32,000 shares96,000 shares
QIB0 shares0 shares
NII11,84,000 shares8,52,000 shares
RII11,84,000 shares8,52,000 shares
Employee0 shares0 shares
Total23,68,000 shares17,04,000 shares

Bids Received (Subscription)

Kshitij Polyline IPO subscribed 1.45x in total, whereas Ranjeet Mechatronics IPO subscribed 69.75x.

 Kshitij Polyline IPORanjeet Mechatronics IPO
NII (times)1.88x77.48x
RII (times)1.02x62.03x
Total (times)1.45x69.75x

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Compare:

Kshitij Polyline IPO Vs Ranjeet Mechatronics IPO