Comparison between Kalana Ispat IPO and Techera Engineering IPO.
Kalana Ispat IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Techera Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kalana Ispat IPO | Techera Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Jawa Capital Services Pvt.Ltd. | SKI Capital Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | SKI Capital Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kalana Ispat IPO is up to ₹30.95 Cr whereas the issue size of the Techera Engineering IPO is up to ₹34.10 Cr. The final issue price of Kalana Ispat IPO is ₹66.00 per share and of Techera Engineering IPO is ₹82.00 per share.
| Kalana Ispat IPO | Techera Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹82.00 per share | |
| Issue Price (Final) | ₹66.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 46,90,000 shares | 41,58,400 shares |
| Fresh Issue Size (Amount) | up to ₹30.95 Cr | up to ₹34.10 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 46,90,000 shares | 41,58,400 shares |
| Issue Size Total (Amount) | up to ₹30.95 Cr | up to ₹34.10 Cr |
Kalana Ispat IPO opens on Sep 19, 2024, while Techera Engineering IPO opens on Sep 25, 2024. The closing date of Kalana Ispat IPO and Techera Engineering IPO is Sep 23, 2024, and Sep 27, 2024, respectively.
| Kalana Ispat IPO | Techera Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2024 | |
| Issue Open | Sep 19, 2024 | Sep 25, 2024 |
| Issue Close | Sep 23, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Sep 24, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 25, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Sep 25, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Sep 26, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Oct 30, 2024 | |
| Anchor Lockin End date 2 | Dec 29, 2024 |
Kalana Ispat IPO P/E ratio is 22.59, as compared to Techera Engineering IPO P/E ratio of 20.65.
| Kalana Ispat IPO | Techera Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Kalana Ispat Limited Financial Information (Restated Standalone)Kalana Ispat Limited's revenue decreased by -11% and profit after tax (PAT) rose by 373% between the financial year ending with March 31, 2024 and March 31, 2023.
| TechEra Engineering LImited Financial Information (Restated)TechEra Engineering LImited's revenue increased by 47% and profit after tax (PAT) rose by 270% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 82.72 | 57.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.59 | 20.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.08 Cr. | ₹135.47 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.12% | 30.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.20% | 23..47% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 0.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.92 | ₹3.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.88% | 30.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kalana Ispat IPO Retail Individual Investors (RII) are offered 23,46,000 shares while in Techera Engineering IPO retail investors are offered 23,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalana Ispat IPO and 8,32,000 shares in Techera Engineering IPO.
| Kalana Ispat IPO | Techera Engineering IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,46,400 shares | |
| Market Maker Reserveration | 2,48,000 shares | 2,19,200 shares |
| QIB | 8,32,000 shares | |
| NII | 23,44,000 shares | 6,24,000 shares |
| RII | 23,46,000 shares | 14,56,000 shares |
| Employee | ||
| Others | ||
| Total | 46,90,000 shares | 41,58,400 shares |
Kalana Ispat IPO subscribed 59.92x in total, whereas Techera Engineering IPO subscribed 69.80x.
| Kalana Ispat IPO | Techera Engineering IPO | |
|---|---|---|
| QIB (times) | 31.22x | |
| NII (times) | 40.69x | 128.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 74.54x | 66.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 59.92x | 69.80x |
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