Krishca Strapping Solutions IPO vs Spectrum Talent Management IPO

Comparison between Krishca Strapping Solutions IPO and Spectrum Talent Management IPO.

IPO Details

Krishca Strapping Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Spectrum Talent Management IPO is a SME Bookbuilding proposed to list at NSE SME.

	Krishca Strapping Solutions IPO	Spectrum Talent Management IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Share India Capital Services Pvt.Ltd.	Sarthi Capital Advisors Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Share India Securities Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Krishca Strapping Solutions IPO is up to ₹16.31 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹99.88 Cr. The final issue price of Krishca Strapping Solutions IPO is ₹54.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

	Krishca Strapping Solutions IPO	Spectrum Talent Management IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹169.00 per share
Issue Price (Upper)	₹54.00 per share	₹173.00 per share
Issue Price (Final)	₹54.00 per share	₹173.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	800 shares
Fresh Issue Size	30,20,000 shares	48,81,600 shares
Fresh Issue Size (Amount)	up to ₹16.31 Cr	up to ₹84.45 Cr
OFS Issue Size	0 shares	8,92,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹15.43 Cr
Issue Size Total	30,20,000 shares	57,73,600 shares
Issue Size Total (Amount)	up to ₹16.31 Cr	up to ₹99.88 Cr

IPO Timetable

Krishca Strapping Solutions IPO opens on May 16, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Krishca Strapping Solutions IPO and Spectrum Talent Management IPO is May 19, 2023, and Jun 14, 2023, respectively.

	Krishca Strapping Solutions IPO	Spectrum Talent Management IPO
Anchor Bid Date	May 15, 2023
Issue Open	May 16, 2023	Jun 09, 2023
Issue Close	May 19, 2023	Jun 14, 2023
Basis Of Allotment (Tentative)	May 24, 2023	Jun 19, 2023
Initiation of Refunds (Tentative)	May 25, 2023	Jun 20, 2023
Credit of Share (Tentative)	May 26, 2023	Jun 21, 2023
Listing date (Tentative)	May 26, 2023	Jun 22, 2023
Anchor Lockin End date 1	Jun 23, 2023
Anchor Lockin End date 2	Aug 22, 2023

Financials & KPIs

Krishca Strapping Solutions IPO P/E ratio is 3.43, as compared to Spectrum Talent Management IPO P/E ratio of 15.

Krishca Strapping Solutions IPO

Spectrum Talent Management IPO

Financials

Krishca Strapping Solutions Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	915.75	98.15	-223.92	64.34	-237.02	827.36
31-Mar-21	1,292.02	971.05	-67.25	-120.28	-421.64	1,337.48
31-Mar-22	1,544.00	1,871.71	150.54	159.51	-340.49	939.28
15-Feb-23	2,696.96	6,351.23	785.75	945.26	445.26	1,193.01
Amount in ₹ Lakhs

Spectrum Talent Management Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	4,081.10	32,362.37	675.96	1,500.36	1,025.36	422.19
31-Mar-21	4,630.20	30,296.00	476.41	1,976.30	1,026.30	60.72
31-Mar-22	6,479.29	48,372.17	1,552.71	2,827.37	1,972.37	1,026.88
31-Dec-22	8,657.66	58,415.74	1,997.46	4,844.57	3,053.82	255.09
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.34

100.00

Promoter Shareholding (Post-Issue)

62.6

72.25

P/E Ratio

3.43

Market Cap

₹65.18 Cr.

ROE

ROCE

Debt/Equity

EPS

₹15.71

₹10.25

RoNW

0.83%

42.99%

Shares Offered

In the Krishca Strapping Solutions IPO Retail Individual Investors (RII) are offered 10,58,000 shares while in Spectrum Talent Management IPO retail investors are offered 10,58,000 shares. Qualified Institutional Buyers (QIB) are offered 6,04,000 shares in Krishca Strapping Solutions IPO and 5,76,000 shares in Spectrum Talent Management IPO.

	Krishca Strapping Solutions IPO	Spectrum Talent Management IPO
Anchor Investor Reserveration	9,04,000 shares
Market Maker Reserveration	3,00,000 shares	3,04,000 shares
QIB	6,04,000 shares	5,76,000 shares
NII	4,54,000 shares	25,98,400 shares
RII	10,58,000 shares	25,99,200 shares
Employee
Others
Total	30,20,000 shares	57,73,600 shares

Bids Received (Subscription)

Krishca Strapping Solutions IPO subscribed 336.57x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

	Krishca Strapping Solutions IPO	Spectrum Talent Management IPO
QIB (times)	36.10x	11.21x
NII (times)	786.89x	11.68x
Big NII (times)
Small NII (times)
RII (times)	572.83x	13.10x
Employee (times)
Other (times)
Total (times)	336.57x	12.27x

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