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Kalahridhaan Trendz IPO vs Rudra Gas Enterprise IPO

Comparison between Kalahridhaan Trendz IPO and Rudra Gas Enterprise IPO.

IPO Details

Kalahridhaan Trendz IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rudra Gas Enterprise IPO is a SME Fixed Price proposed to list at BSE SME.

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
LogoKalahridhaan Trendz IPO LogoRudra Gas Enterprise IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersInteractive Financial Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Kalahridhaan Trendz IPO is up to ₹21.36 Cr whereas the issue size of the Rudra Gas Enterprise IPO is up to ₹13.43 Cr. The final issue price of Kalahridhaan Trendz IPO is ₹45.00 per share and of Rudra Gas Enterprise IPO is ₹63.00 per share.

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size47,46,000 shares21,32,000 shares
Fresh Issue Size (Amount)up to ₹21.36 Crup to ₹13.43 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,46,000 shares21,32,000 shares
Issue Size Total (Amount)up to ₹21.36 Crup to ₹13.43 Cr

IPO Timetable

Kalahridhaan Trendz IPO opens on Feb 15, 2024, while Rudra Gas Enterprise IPO opens on Feb 08, 2024. The closing date of Kalahridhaan Trendz IPO and Rudra Gas Enterprise IPO is Feb 20, 2024, and Feb 12, 2024, respectively.

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
Anchor Bid Date
Issue OpenFeb 15, 2024Feb 08, 2024
Issue CloseFeb 20, 2024Feb 12, 2024
Basis Of Allotment (Tentative)Feb 21, 2024Feb 13, 2024
Initiation of Refunds (Tentative)Feb 22, 2024Feb 14, 2024
Credit of Share (Tentative)Feb 22, 2024Feb 14, 2024
Listing date (Tentative)Feb 23, 2024Feb 15, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to Rudra Gas Enterprise IPO P/E ratio of 10.9.

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
Financials

Kalahridhaan Trendz Limited Financial Information (Restated)

Kalahridhaan Trendz Limited's revenue increased by 0.14% and profit after tax (PAT) rose by 170.52% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets10,979.3010,962.5510,297.945,979.36
Total Income8,434.5418,417.0118,390.4613,235.91
Profit After Tax478.72666.01246.20110.54
Net Worth2,290.941,202.78536.77290.56
Reserves and Surplus1,072.041,202.78536.77290.56
Total Borrowing6,702.436,105.335,249.903,145.56
Amount in ₹ Lakhs

Rudra Gas Enterprise Limited Financial Information (Restated Standalone)

Rudra Gas Enterprise Limited's revenue increased by 12.76% and profit after tax (PAT) rose by 96.21% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,345.393,380.562,804.921,960.50
Total Income3,446.814,957.024,395.952,816.96
Profit After Tax247.41352.02179.41127.05
Net Worth1,149.10798.50446.48267.07
Reserves and Surplus540.10773.50421.48242.07
Total Borrowing1,990.151,738.341,379.981,008.22
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.2299.99
Promoter Shareholding (Post-Issue)68.2473.03
P/E Ratio8.2410.9
Market Cap₹77.34 Cr.₹52.53 Cr.
ROE42.09%57%
ROCE17.39%25%
Debt/Equity3.192.18
EPS₹5.46₹5.78
RoNW36.75%44.09%

Shares Offered

In the Kalahridhaan Trendz IPO Retail Individual Investors (RII) are offered 23,73,000 shares while in Rudra Gas Enterprise IPO retail investors are offered 23,73,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalahridhaan Trendz IPO and in Rudra Gas Enterprise IPO.

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
Anchor Investor Reserveration
Market Maker Reserveration2,52,000 shares1,16,000 shares
QIB
NII23,73,000 shares10,66,000 shares
RII23,73,000 shares10,66,000 shares
Employee
Others
Total47,46,000 shares21,32,000 shares

Bids Received (Subscription)

Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas Rudra Gas Enterprise IPO subscribed 350.75x.

 Kalahridhaan Trendz IPORudra Gas Enterprise IPO
QIB (times)
NII (times)6.66x286.62x
Big NII (times)
Small NII (times)
RII (times)9.63x404.38x
Employee (times)
Other (times)
Total (times)8.15x350.75x