Krishana Phoschem IPO vs Tanvi Foods IPO

Comparison between Krishana Phoschem IPO and Tanvi Foods IPO.

IPO Details

Krishana Phoschem IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE 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 Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Krishana Phoschem IPO is ₹30.00 per share and of Tanvi Foods IPO is ₹60.00 per share.

 Krishana Phoschem IPOTanvi Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size0 shares6,16,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹3.70 Cr
OFS Issue Size62,40,000 shares4,28,000 shares
OFS Issue Size (Amount)up to ₹18.72 Crup to ₹2.57 Cr
Issue Size Total62,40,000 shares10,44,000 shares
Issue Size Total (Amount)up to ₹18.72 Crup to ₹6.26 Cr

IPO Timetable

Krishana Phoschem IPO opens on Feb 13, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Krishana Phoschem IPO and Tanvi Foods IPO is Feb 16, 2017, and Feb 22, 2017, respectively.

 Krishana Phoschem IPOTanvi Foods IPO
Issue OpenFeb 13, 2017Feb 17, 2017
Issue CloseFeb 16, 2017Feb 22, 2017
Basis Of Allotment (Tentative)Feb 21, 2017Feb 27, 2017
Listing date (Tentative)Feb 27, 2017Mar 02, 2017

Financials & KPIs

Krishana Phoschem IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .

 Krishana Phoschem IPOTanvi Foods 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
Assets24.7322.4517.8910.75
Total Income28.5149.0934.3820.03
Profit After Tax0.541.010.870.21
NET Worth7.567.024.851.97
Reserves and Surplus4.113.582.101.22
Total Borrowing11.3910.9110.374.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.66%87.23%
Promoter Shareholding (Post-Issue)57.25%62.59%
Market Cap₹74.70 Cr.₹24.70 Cr.

Shares Offered

In the Krishana Phoschem IPO Retail Individual Investors (RII) are offered 31,20,000 shares while in Tanvi Foods 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 Tanvi Foods IPO.

 Krishana Phoschem IPOTanvi Foods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,36,000 shares56,000 shares
QIB0 shares0 shares
NII31,20,000 shares5,22,000 shares
RII31,20,000 shares5,22,000 shares
Employee0 shares0 shares
Total62,40,000 shares10,44,000 shares

Bids Received (Subscription)

Krishana Phoschem IPO subscribed 34.61x in total, whereas Tanvi Foods IPO subscribed 1.62x.

 Krishana Phoschem IPOTanvi Foods IPO
NII (times)12.71x1.87x
RII (times)56.51x1.38x
Total (times)34.61x1.62x

Compare with others

Compare:

Krishana Phoschem IPO Vs Tanvi Foods IPO