Ksolves India IPO vs Suratwwala Business Group IPO

Comparison between Ksolves India IPO and Suratwwala Business Group IPO.

IPO Details

Ksolves India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Suratwwala Business Group IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ksolves India IPO is up to ₹3.82 Cr whereas the issue size of the Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of Ksolves India IPO is ₹100.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.

 Ksolves India IPOSuratwwala Business Group IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹100.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares8000 shares
Fresh Issue Size3,81,600 shares43,60,000 shares
Fresh Issue Size (Amount)up to ₹3.82 Crup to ₹6.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,81,600 shares43,60,000 shares
Issue Size Total (Amount)up to ₹3.82 Crup to ₹6.54 Cr

IPO Timetable

Ksolves India IPO opens on Jun 23, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of Ksolves India IPO and Suratwwala Business Group IPO is Jun 26, 2020, and Aug 05, 2020, respectively.

 Ksolves India IPOSuratwwala Business Group IPO
Issue OpenJun 23, 2020Aug 03, 2020
Issue CloseJun 26, 2020Aug 05, 2020
Basis Of Allotment (Tentative)Jul 01, 2020Aug 10, 2020
Initiation of Refunds (Tentative)Aug 11, 2020
Credit of Share (Tentative)Aug 12, 2020
Listing date (Tentative)Jul 06, 2020Aug 13, 2020

Financials & KPIs

Ksolves India IPO P/E ratio is , as compared to Suratwwala Business Group IPO P/E ratio of 83.

 Ksolves India IPOSuratwwala Business Group IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets1.660.690.53
Total Income8.155.433.41
Profit After Tax0.670.160.06
EBITDA1.070.300.14
NET Worth0.870.200.22
Reserves and Surplus0.850.180.21
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets53.9144.8831.29
Total Income10.889.1311.20
Profit After Tax0.320.862.96
EBITDA3.372.894.81
NET Worth14.059.919.05
Reserves and Surplus1.300.989.02
Total Borrowing23.1015.274.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.33%99.92%
Promoter Shareholding (Post-Issue)68.02%73.42%
P/E Ratio83
Market Cap₹14.82 Cr.₹26.01 Cr.

Shares Offered

In the Ksolves India IPO Retail Individual Investors (RII) are offered 1,90,800 shares while in Suratwwala Business Group IPO retail investors are offered 1,90,800 shares. Qualified Institutional Buyers (QIB) are offered in Ksolves India IPO and in Suratwwala Business Group IPO.

 Ksolves India IPOSuratwwala Business Group IPO
Market Maker Reservation20,400 shares2,40,000 shares
NII1,90,800 shares21,76,000 shares
RII1,90,800 shares21,84,000 shares
Total3,81,600 shares43,60,000 shares

Bids Received (Subscription)

Ksolves India IPO subscribed 1.42x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.

Compare with others

Compare:

Ksolves India IPO Vs Suratwwala Business Group IPO