Comparison between KN Agri Resources IPO and SP Refractories IPO.
IPO Details
KN Agri Resources IPO is a SME Fixed Price IPO proposed to list at NSE SME while SP Refractories IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of KN Agri Resources IPO is up to ₹46.88 Cr whereas the issue size of the SP Refractories IPO is up to ₹4.67 Cr. The final issue price of KN Agri Resources IPO is ₹75.00 per share and of SP Refractories IPO is ₹90.00 per share.
| | KN Agri Resources IPO | SP Refractories IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 62,51,200 shares | 2,68,800 shares |
| Fresh Issue Size (Amount) | up to ₹46.88 Cr | up to ₹2.42 Cr |
| OFS Issue Size | 0 shares | 2,49,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.25 Cr |
| Issue Size Total | 62,51,200 shares | 5,18,400 shares |
| Issue Size Total (Amount) | up to ₹46.88 Cr | up to ₹4.67 Cr |
IPO Timetable
KN Agri Resources IPO opens on Mar 15, 2022, while SP Refractories IPO opens on Mar 09, 2022. The closing date of KN Agri Resources IPO and SP Refractories IPO is Mar 17, 2022, and Mar 11, 2022, respectively.
| | KN Agri Resources IPO | SP Refractories IPO |
|---|
| Anchor Bid Date | Mar 14, 2022 | |
| Issue Open | Mar 15, 2022 | Mar 09, 2022 |
| Issue Close | Mar 17, 2022 | Mar 11, 2022 |
| Basis Of Allotment (Tentative) | Mar 23, 2022 | Mar 16, 2022 |
| Initiation of Refunds (Tentative) | Mar 24, 2022 | Mar 17, 2022 |
| Credit of Share (Tentative) | Mar 25, 2022 | Mar 21, 2022 |
| Listing date (Tentative) | Mar 28, 2022 | Mar 22, 2022 |
| Anchor Lockin End date 1 | Apr 22, 2022 | |
Financials & KPIs
KN Agri Resources IPO P/E ratio is 5.57, as compared to SP Refractories IPO P/E ratio of 9.94.
Shares Offered
In the KN Agri Resources IPO Retail Individual Investors (RII) are offered 21,88,800 shares while in SP Refractories IPO retail investors are offered 21,88,800 shares. Qualified Institutional Buyers (QIB) are offered 12,49,600 shares in KN Agri Resources IPO and 0 shares in SP Refractories IPO.
| | KN Agri Resources IPO | SP Refractories IPO |
|---|
| Anchor Investor Reservation | 18,73,600 shares | 0 shares |
| Market Maker Reservation | 3,32,800 shares | 28,800 shares |
| QIB | 12,49,600 shares | 0 shares |
| NII | 9,39,200 shares | 2,59,200 shares |
| RII | 21,88,800 shares | 2,59,200 shares |
| Employee | | 0 shares |
| Total | 62,51,200 shares | 5,18,400 shares |
Bids Received (Subscription)
KN Agri Resources IPO subscribed 151.90x in total, whereas SP Refractories IPO subscribed 7.24x.
