Comparison between Kalahridhaan Trendz IPO and Trust Fintech IPO.
Kalahridhaan Trendz IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trust Fintech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kalahridhaan Trendz IPO | Trust Fintech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | SS Corporate Securities 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 Kalahridhaan Trendz IPO is up to ₹21.36 Cr whereas the issue size of the Trust Fintech IPO is up to ₹60.24 Cr. The final issue price of Kalahridhaan Trendz IPO is ₹45.00 per share and of Trust Fintech IPO is ₹101.00 per share.
| Kalahridhaan Trendz IPO | Trust Fintech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹101.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹101.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 47,46,000 shares | 59,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.36 Cr | up to ₹60.24 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 | 47,46,000 shares | 59,64,000 shares |
| Issue Size Total (Amount) | up to ₹21.36 Cr | up to ₹60.24 Cr |
Kalahridhaan Trendz IPO opens on Feb 15, 2024, while Trust Fintech IPO opens on Mar 26, 2024. The closing date of Kalahridhaan Trendz IPO and Trust Fintech IPO is Feb 20, 2024, and Mar 28, 2024, respectively.
| Kalahridhaan Trendz IPO | Trust Fintech IPO | |
|---|---|---|
| Anchor Bid Date | Mar 22, 2024 | |
| Issue Open | Feb 15, 2024 | Mar 26, 2024 |
| Issue Close | Feb 20, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Feb 21, 2024 | Apr 02, 2024 |
| Initiation of Refunds (Tentative) | Feb 22, 2024 | Apr 03, 2024 |
| Credit of Share (Tentative) | Feb 22, 2024 | Apr 03, 2024 |
| Listing date (Tentative) | Feb 23, 2024 | Apr 04, 2024 |
| Anchor Lockin End date 1 | May 02, 2024 | |
| Anchor Lockin End date 2 | Jul 01, 2024 |
Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to Trust Fintech IPO P/E ratio of 44.05.
| Kalahridhaan Trendz IPO | Trust Fintech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Kalahridhaan Trendz Limited Financial Information (Restated)Kalahridhaan Trendz Limited's revenue increased by 0.14% and profit after tax (PAT) rose by 170.52% between the financial year ending with March 31, 2023 and March 31, 2022.
| Trust Fintech Limited Financial Information (Restated Standalone)Trust Fintech Limited's revenue increased by 26.12% and profit after tax (PAT) rose by 200.92% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 96.22 | 93.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.24 | 68.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.24 | 44.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹77.34 Cr. | ₹240.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 42.09% | 23.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.39% | 28.54% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹2.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.75% | 27.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kalahridhaan Trendz IPO Retail Individual Investors (RII) are offered 23,73,000 shares while in Trust Fintech IPO retail investors are offered 23,73,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalahridhaan Trendz IPO and 11,92,800 shares in Trust Fintech IPO.
| Kalahridhaan Trendz IPO | Trust Fintech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,88,000 shares | |
| Market Maker Reserveration | 2,52,000 shares | 3,18,000 shares |
| QIB | 11,92,800 shares | |
| NII | 23,73,000 shares | 8,95,200 shares |
| RII | 23,73,000 shares | 20,88,000 shares |
| Employee | ||
| Others | ||
| Total | 47,46,000 shares | 59,64,000 shares |
Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas Trust Fintech IPO subscribed 108.63x.
| Kalahridhaan Trendz IPO | Trust Fintech IPO | |
|---|---|---|
| QIB (times) | 65.38x | |
| NII (times) | 6.66x | 244.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.63x | 75.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.15x | 108.63x |
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