Comparison between Kalana Ispat IPO and Rappid Valves IPO.
Kalana Ispat IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rappid Valves IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kalana Ispat IPO | Rappid Valves IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Jawa Capital Services Pvt.Ltd. | Shreni Shares Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kalana Ispat IPO is up to ₹30.95 Cr whereas the issue size of the Rappid Valves IPO is up to ₹28.86 Cr. The final issue price of Kalana Ispat IPO is ₹66.00 per share and of Rappid Valves IPO is ₹222.00 per share.
| Kalana Ispat IPO | Rappid Valves IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹210.00 per share | |
| Issue Price (Upper) | ₹222.00 per share | |
| Issue Price (Final) | ₹66.00 per share | ₹222.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 46,90,000 shares | 13,00,200 shares |
| Fresh Issue Size (Amount) | up to ₹30.95 Cr | up to ₹28.86 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 46,90,000 shares | 13,00,200 shares |
| Issue Size Total (Amount) | up to ₹30.95 Cr | up to ₹28.86 Cr |
Kalana Ispat IPO opens on Sep 19, 2024, while Rappid Valves IPO opens on Sep 23, 2024. The closing date of Kalana Ispat IPO and Rappid Valves IPO is Sep 23, 2024, and Sep 25, 2024, respectively.
| Kalana Ispat IPO | Rappid Valves IPO | |
|---|---|---|
| Anchor Bid Date | Sep 20, 2024 | |
| Issue Open | Sep 19, 2024 | Sep 23, 2024 |
| Issue Close | Sep 23, 2024 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Sep 24, 2024 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Sep 25, 2024 | Sep 27, 2024 |
| Credit of Share (Tentative) | Sep 25, 2024 | Sep 27, 2024 |
| Listing date (Tentative) | Sep 26, 2024 | Sep 30, 2024 |
| Anchor Lockin End date 1 | Oct 25, 2024 | |
| Anchor Lockin End date 2 | Dec 24, 2024 |
Kalana Ispat IPO P/E ratio is 22.59, as compared to Rappid Valves IPO P/E ratio of 20.53.
| Kalana Ispat IPO | Rappid Valves IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Kalana Ispat Limited Financial Information (Restated Standalone)Kalana Ispat Limited's revenue decreased by -11% and profit after tax (PAT) rose by 373% between the financial year ending with March 31, 2024 and March 31, 2023.
| Rappid Valves (India) Limited Financial Information (Restated)Rappid Valves (India) Limited's revenue increased by 123% and profit after tax (PAT) rose by 807% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 82.72 | 69.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.38 | 51.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.59 | 20.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.08 Cr. | ₹115.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.12% | 53.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.20% | 29.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 0.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.92 | ₹10.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.88% | 33.82% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kalana Ispat IPO Retail Individual Investors (RII) are offered 23,46,000 shares while in Rappid Valves IPO retail investors are offered 23,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalana Ispat IPO and 2,59,800 shares in Rappid Valves IPO.
| Kalana Ispat IPO | Rappid Valves IPO | |
|---|---|---|
| Anchor Investor Reserveration | 3,89,400 shares | |
| Market Maker Reserveration | 2,48,000 shares | 69,600 shares |
| QIB | 2,59,800 shares | |
| NII | 23,44,000 shares | 1,95,600 shares |
| RII | 23,46,000 shares | 4,55,400 shares |
| Employee | ||
| Others | ||
| Total | 46,90,000 shares | 13,00,200 shares |
Kalana Ispat IPO subscribed 59.92x in total, whereas Rappid Valves IPO subscribed 176.06x.
| Kalana Ispat IPO | Rappid Valves IPO | |
|---|---|---|
| QIB (times) | 55.97x | |
| NII (times) | 40.69x | 491.49x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 74.54x | 109.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 59.92x | 176.06x |
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