Krishana Phoschem IPO vs Steel City Securities IPO

Comparison between Krishana Phoschem IPO and Steel City Securities IPO.

IPO Details

Krishana Phoschem IPO is a SME Fixed Price IPO proposed to list at NSE SME while Steel City Securities IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Krishana Phoschem IPO is up to ₹18.72 Cr whereas the issue size of the Steel City Securities IPO is up to ₹25.64 Cr. The final issue price of Krishana Phoschem IPO is ₹30.00 per share and of Steel City Securities IPO is ₹55.00 per share.

 Krishana Phoschem IPOSteel City Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size0 shares24,80,183 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹13.64 Cr
OFS Issue Size62,40,000 shares21,81,817 shares
OFS Issue Size (Amount)up to ₹18.72 Crup to ₹12.00 Cr
Issue Size Total62,40,000 shares46,62,000 shares
Issue Size Total (Amount)up to ₹18.72 Crup to ₹25.64 Cr

IPO Timetable

Krishana Phoschem IPO opens on Feb 13, 2017, while Steel City Securities IPO opens on Feb 06, 2017. The closing date of Krishana Phoschem IPO and Steel City Securities IPO is Feb 16, 2017, and Feb 09, 2017, respectively.

 Krishana Phoschem IPOSteel City Securities IPO
Issue OpenFeb 13, 2017Feb 06, 2017
Issue CloseFeb 16, 2017Feb 09, 2017
Basis Of Allotment (Tentative)Feb 21, 2017Feb 14, 2017
Listing date (Tentative)Feb 27, 2017Feb 17, 2017

Financials & KPIs

Krishana Phoschem IPO P/E ratio is , as compared to Steel City Securities IPO P/E ratio of .

 Krishana Phoschem IPOSteel City Securities IPO
Financials

Company Financials (Restated)

Period Ended30 Nov 201631 Mar 201631 Mar 201531 Mar 2014
Assets129.93115.72121.91112.35
Total Income45.2090.6377.2690.84
Profit After Tax3.923.152.935.05
NET Worth57.7244.6341.4832.61
Reserves and Surplus62.3053.9552.1547.57
Total Borrowing27.9329.2129.6729.17
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets88.1975.7785.7372.18
Total Income16.2626.6631.6421.67
Profit After Tax2.653.936.573.29
NET Worth51.3648.6546.5345.20
Reserves and Surplus38.9836.2734.1532.82
Total Borrowing4.744.8017.643.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.66%69.56%
Promoter Shareholding (Post-Issue)57.25%42.58%
Market Cap₹74.70 Cr.₹83.09 Cr.

Shares Offered

In the Krishana Phoschem IPO Retail Individual Investors (RII) are offered 31,20,000 shares while in Steel City Securities IPO retail investors are offered 31,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Krishana Phoschem IPO and 0 shares in Steel City Securities IPO.

 Krishana Phoschem IPOSteel City Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,36,000 shares2,46,000 shares
QIB0 shares0 shares
NII31,20,000 shares23,31,000 shares
RII31,20,000 shares23,31,000 shares
Employee0 shares0 shares
Total62,40,000 shares46,62,000 shares

Bids Received (Subscription)

Krishana Phoschem IPO subscribed 34.61x in total, whereas Steel City Securities IPO subscribed 4.82x.

 Krishana Phoschem IPOSteel City Securities IPO
NII (times)12.71x3.12x
RII (times)56.51x6.51x
Total (times)34.61x4.82x

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Krishana Phoschem IPO Vs Steel City Securities IPO