ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Kranti Industries IPO vs Ritco Logistics IPO

Comparison between Kranti Industries IPO and Ritco Logistics IPO.

IPO Details

Kranti Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Bookbuilding proposed to list at BSE SME.

 Kranti Industries IPORitco Logistics IPO
LogoKranti Industries IPO LogoRitco Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersNovus Capital Advisors Pvt.Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSMC Global Securities Ltd.Pantomath Stock Brokers Pvt.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 Kranti Industries IPO is up to ₹8.15 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹45.74 Cr. The final issue price of Kranti Industries IPO is ₹37.00 per share and of Ritco Logistics IPO is ₹73.00 per share.

 Kranti Industries IPORitco Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹73.00 per share
Issue Price (Final)₹37.00 per share₹73.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1600 shares
Fresh Issue Size16,35,000 shares46,65,600 shares
Fresh Issue Size (Amount)up to ₹6.05 Crup to ₹34.06 Cr
OFS Issue Size5,67,000 shares16,00,000 shares
OFS Issue Size (Amount)up to ₹2.10 Crup to ₹11.68 Cr
Issue Size Total22,02,000 shares62,65,600 shares
Issue Size Total (Amount)up to ₹8.15 Crup to ₹45.74 Cr

IPO Timetable

Kranti Industries IPO opens on Feb 14, 2019, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Kranti Industries IPO and Ritco Logistics IPO is Feb 20, 2019, and Jan 30, 2019, respectively.

 Kranti Industries IPORitco Logistics IPO
Issue OpenFeb 14, 2019Jan 28, 2019
Issue CloseFeb 20, 2019Jan 30, 2019
Basis Of Allotment (Tentative)Feb 25, 2019Feb 04, 2019
Initiation of Refunds (Tentative)Feb 05, 2019
Credit of Share (Tentative)Feb 06, 2019
Listing date (Tentative)Feb 28, 2019Feb 07, 2019

Financials & KPIs

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

 Kranti Industries IPORitco Logistics 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)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets178.94154.0397.0889.90
Total Income208.60343.91328.96314.16
Profit After Tax6.2110.283.821.44
EBITDA24.7329.0214.519.45
NET Worth54.1647.9537.6733.85
Reserves and Surplus34.6828.4724.2320.41
Total Borrowing116.6295.8452.8152.80
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.93%100%
Promoter Shareholding (Post-Issue)72.79%73.03%
Market Cap₹32.57 Cr.₹178.68 Cr.

Shares Offered

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

 Kranti Industries IPORitco Logistics IPO
Market Maker Reservation1,17,000 shares3,34,400 shares
NII11,01,000 shares31,32,800 shares
RII11,01,000 shares31,32,800 shares
Total22,02,000 shares62,65,600 shares

Bids Received (Subscription)

Kranti Industries IPO subscribed 1.29x in total, whereas Ritco Logistics IPO subscribed 1.39x.

 Kranti Industries IPORitco Logistics IPO
NII (times)1.26x1.82x
RII (times)1.31x0.96x
Total (times)1.29x1.39x

Compare with others

Kranti Industries IPORitco Logistics IPO
Mahip Industries IPOGleam Fabmat IPO
Gleam Fabmat IPOAartech Solonics IPO
Aartech Solonics IPOJonjua Overseas IPO
Jonjua Overseas IPOAnmol India IPO
Anmol India IPOKranti Industries IPO
Ritco Logistics IPOSurani Steel Tubes IPO
Surani Steel Tubes IPOK.P.I.Global Infrastructure IPO
K.P.I.Global Infrastructure IPOAxita Cotton IPO
Axita Cotton IPOShankar Lal Rampal Dye-Chem IPO
Shankar Lal Rampal Dye-Chem IPODiksha Greens IPO

Compare:

Kranti Industries IPO Vs Ritco Logistics IPO