Kalana Ispat IPO vs Unilex Colours IPO

Comparison between Kalana Ispat IPO and Unilex Colours IPO.

IPO Details

Kalana Ispat IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Unilex Colours IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Kalana Ispat IPO is up to ₹30.95 Cr whereas the issue size of the Unilex Colours IPO is up to ₹29.65 Cr. The final issue price of Kalana Ispat IPO is ₹66.00 per share and of Unilex Colours IPO is ₹87.00 per share.

 Kalana Ispat IPOUnilex Colours IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share
Issue Price (Upper)₹87.00 per share
Issue Price (Final)₹66.00 per share₹87.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size46,90,000 shares34,08,000 shares
Fresh Issue Size (Amount)up to ₹30.95 Crup to ₹29.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total46,90,000 shares34,08,000 shares
Issue Size Total (Amount)up to ₹30.95 Crup to ₹29.65 Cr

IPO Timetable

Kalana Ispat IPO opens on Sep 19, 2024, while Unilex Colours IPO opens on Sep 25, 2024. The closing date of Kalana Ispat IPO and Unilex Colours IPO is Sep 23, 2024, and Sep 27, 2024, respectively.

 Kalana Ispat IPOUnilex Colours IPO
Anchor Bid DateSep 24, 2024
Issue OpenSep 19, 2024Sep 25, 2024
Issue CloseSep 23, 2024Sep 27, 2024
Basis Of Allotment (Tentative)Sep 24, 2024Sep 30, 2024
Initiation of Refunds (Tentative)Sep 25, 2024Oct 01, 2024
Credit of Share (Tentative)Sep 25, 2024Oct 01, 2024
Listing date (Tentative)Sep 26, 2024Oct 03, 2024
Anchor Lockin End date 1Oct 30, 2024
Anchor Lockin End date 2Dec 29, 2024

Financials & KPIs

Kalana Ispat IPO P/E ratio is 22.59, as compared to Unilex Colours IPO P/E ratio of 14.13.

 Kalana Ispat IPOUnilex Colours IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets18.8616.1712.6513.31
Total Income73.9483.3657.9342.98
Profit After Tax2.370.500.140.14
NET Worth10.824.423.923.76
Reserves and Surplus2.713.402.902.76
Total Borrowing4.618.622.612.63
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets90.6870.7276.70
Total Income149.33144.42151.57
Profit After Tax6.174.974.71
NET Worth36.8632.0328.06
Reserves and Surplus26.8428.6924.72
Total Borrowing21.6111.6711.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)62.1273.56
P/E Ratio22.5914.13
Market Cap₹86.08 Cr.₹118.47 Cr.
ROE31.1217.93
ROCE21.206.32
Debt/Equity0.430.59
EPS₹2.92₹6.16
RoNW21.8816.73

Shares Offered

In the Kalana Ispat IPO Retail Individual Investors (RII) are offered 23,46,000 shares while in Unilex Colours IPO retail investors are offered 23,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Kalana Ispat IPO and 6,81,600 shares in Unilex Colours IPO.

 Kalana Ispat IPOUnilex Colours IPO
Anchor Investor Reservation10,20,800 shares
Market Maker Reservation2,48,000 shares1,92,000 shares
QIB6,81,600 shares
NII23,44,000 shares5,12,000 shares
RII23,46,000 shares11,93,600 shares
Employee
Others
Total46,90,000 shares34,08,000 shares

Bids Received (Subscription)

Kalana Ispat IPO subscribed 57.62x in total, whereas Unilex Colours IPO subscribed 24.54x.

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