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Kizi Apparels IPO vs Trom Industries IPO

Comparison between Kizi Apparels IPO and Trom Industries IPO.

IPO Details

Kizi Apparels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

 Kizi Apparels IPOTrom Industries IPO
LogoKizi Apparels IPO LogoTrom Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersInteractive Financial Services Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerBeeline Broking Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Kizi Apparels IPO is up to ₹5.29 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Kizi Apparels IPO is ₹21.00 per share and of Trom Industries IPO is ₹115.00 per share.

 Kizi Apparels IPOTrom Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹115.00 per share
Issue Price (Final)₹21.00 per share₹115.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares1200 shares
Fresh Issue Size25,20,000 shares25,90,800 shares
Fresh Issue Size (Amount)up to ₹5.29 Crup to ₹29.79 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,20,000 shares25,90,800 shares
Issue Size Total (Amount)up to ₹5.29 Crup to ₹29.79 Cr

IPO Timetable

Kizi Apparels IPO opens on Jul 30, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Kizi Apparels IPO and Trom Industries IPO is Aug 01, 2024, and Jul 29, 2024, respectively.

 Kizi Apparels IPOTrom Industries IPO
Anchor Bid DateJul 24, 2024
Issue OpenJul 30, 2024Jul 25, 2024
Issue CloseAug 01, 2024Jul 29, 2024
Basis Of Allotment (Tentative)Aug 02, 2024Jul 30, 2024
Initiation of Refunds (Tentative)Aug 05, 2024Jul 31, 2024
Credit of Share (Tentative)Aug 05, 2024Jul 31, 2024
Listing date (Tentative)Aug 06, 2024Aug 01, 2024
Anchor Lockin End date 1Aug 29, 2024
Anchor Lockin End date 2Oct 28, 2024

Financials & KPIs

Kizi Apparels IPO P/E ratio is 15.01, as compared to Trom Industries IPO P/E ratio of 12.98.

 Kizi Apparels IPOTrom Industries IPO
Financials

Kizi Apparels Limited Financial Information (Restated)

Kizi Apparels Limited's revenue increased by 30.84% and profit after tax (PAT) rose by 31.36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,340.301,135.10725.14
Total Income2,027.371,549.50539.17
Profit After Tax72.2154.9720.64
Net Worth587.49394.86336.95
Reserves and Surplus71.37
Total Borrowing514.61310.96242.73
Amount in ₹ Lakhs

Trom Industries Limited Financial Information (Restated)

Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,919.932,155.351,854.32
Total Income5,454.682,413.803,056.55
Profit After Tax572.9328.8635.98
Net Worth1,222.57249.92221.12
Reserves and Surplus575.84248.92220.12
Total Borrowing573.71492.8285.66
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)85.3698.84
Promoter Shareholding (Post-Issue)56.3569.52
P/E Ratio15.0112.98
Market Cap₹16.42 Cr.₹105.74 Cr.
ROE15%77.82%
ROCE14%47.11%
Debt/Equity0.880.47
EPS₹1.40₹8.86
RoNW12.29%77.82%

Shares Offered

In the Kizi Apparels IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Trom Industries IPO retail investors are offered 12,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Kizi Apparels IPO and 5,18,400 shares in Trom Industries IPO.

 Kizi Apparels IPOTrom Industries IPO
Anchor Investor Reserveration7,76,400 shares
Market Maker Reserveration1,38,000 shares1,36,800 shares
QIB5,18,400 shares
NII12,60,000 shares3,88,800 shares
RII12,60,000 shares9,07,200 shares
Employee
Others
Total25,20,000 shares25,90,800 shares

Bids Received (Subscription)

Kizi Apparels IPO subscribed 115.60x in total, whereas Trom Industries IPO subscribed 459.00x.

 Kizi Apparels IPOTrom Industries IPO
QIB (times)197.07x
NII (times)89.58x751.90x
Big NII (times)
Small NII (times)
RII (times)139.62x483.14x
Employee (times)
Other (times)
Total (times)115.60x459.00x