Comparison between Kalahridhaan Trendz IPO and Trust Fintech IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
Financials & KPIs
Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to Trust Fintech IPO P/E ratio of 44.05.
Shares Offered
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 Reservation | | 17,88,000 shares |
| Market Maker Reservation | 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 |
Bids Received (Subscription)
Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas Trust Fintech IPO subscribed 108.63x.
