Comparison between KP Green Engineering IPO and Royal Sense IPO.
KP Green Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Royal Sense IPO is a SME Fixed Price proposed to list at BSE SME.
| KP Green Engineering IPO | Royal Sense IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of KP Green Engineering IPO is up to ₹180.03 Cr whereas the issue size of the Royal Sense IPO is up to ₹8.77 Cr. The final issue price of KP Green Engineering IPO is ₹144.00 per share and of Royal Sense IPO is ₹68.00 per share.
| KP Green Engineering IPO | Royal Sense IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹137.00 per share | |
| Issue Price (Upper) | ₹144.00 per share | |
| Issue Price (Final) | ₹144.00 per share | ₹68.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 2000 shares |
| Fresh Issue Size | 1,25,02,000 shares | 12,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹180.03 Cr | up to ₹8.77 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 | 1,25,02,000 shares | 12,90,000 shares |
| Issue Size Total (Amount) | up to ₹180.03 Cr | up to ₹8.77 Cr |
KP Green Engineering IPO opens on Mar 15, 2024, while Royal Sense IPO opens on Mar 12, 2024. The closing date of KP Green Engineering IPO and Royal Sense IPO is Mar 19, 2024, and Mar 14, 2024, respectively.
| KP Green Engineering IPO | Royal Sense IPO | |
|---|---|---|
| Anchor Bid Date | Mar 13, 2024 | |
| Issue Open | Mar 15, 2024 | Mar 12, 2024 |
| Issue Close | Mar 19, 2024 | Mar 14, 2024 |
| Basis Of Allotment (Tentative) | Mar 20, 2024 | Mar 15, 2024 |
| Initiation of Refunds (Tentative) | Mar 21, 2024 | Mar 18, 2024 |
| Credit of Share (Tentative) | Mar 21, 2024 | Mar 18, 2024 |
| Listing date (Tentative) | Mar 22, 2024 | Mar 19, 2024 |
| Anchor Lockin End date 1 | Apr 19, 2024 | |
| Anchor Lockin End date 2 | Jun 18, 2024 |
KP Green Engineering IPO P/E ratio is 42.8, as compared to Royal Sense IPO P/E ratio of 33.33.
| KP Green Engineering IPO | Royal Sense IPO | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.37 | 99.99 | ||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.59 | 67.15 | ||||||||||||||||||||||||||||||||||
| P/E Ratio | 42.8 | 33.33 | ||||||||||||||||||||||||||||||||||
| Market Cap | ₹720.00 Cr. | ₹33.32 Cr. | ||||||||||||||||||||||||||||||||||
| ROE | 29.24% | 17.00% | ||||||||||||||||||||||||||||||||||
| ROCE | 23.05% | 23.00% | ||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.11 | |||||||||||||||||||||||||||||||||||
| EPS | ₹3.36 | ₹2.04 | ||||||||||||||||||||||||||||||||||
| RoNW | 25.51% | 17.00% | ||||||||||||||||||||||||||||||||||
In the KP Green Engineering IPO Retail Individual Investors (RII) are offered 43,76,000 shares while in Royal Sense IPO retail investors are offered 43,76,000 shares. Qualified Institutional Buyers (QIB) are offered 25,00,000 shares in KP Green Engineering IPO and in Royal Sense IPO.
| KP Green Engineering IPO | Royal Sense IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,50,000 shares | |
| Market Maker Reservation | 6,58,000 shares | 1,60,000 shares |
| QIB | 25,00,000 shares | |
| NII | 18,76,000 shares | 6,44,000 shares |
| RII | 43,76,000 shares | 6,46,000 shares |
| Employee | ||
| Others | ||
| Total | 1,25,02,000 shares | 12,90,000 shares |
KP Green Engineering IPO subscribed 29.50x in total, whereas Royal Sense IPO subscribed 8.52x.
| KP Green Engineering IPO | Royal Sense IPO | |
|---|---|---|
| QIB (times) | 31.86x | |
| NII (times) | 48.23x | 9.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 20.12x | 7.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 29.50x | 8.52x |
