Avi Ansh Textile IPO vs Kalana Ispat IPO

Comparision between Avi Ansh Textile IPO and Kalana Ispat IPO.

IPO Details

Avi Ansh Textile IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Kalana Ispat IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Avi Ansh Textile IPO	Kalana Ispat IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	3Dimension Capital Services Limited	Jawa Capital Services Private Limited
Registrar	Skyline Financial Services Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Aftertrade Broking Pvt Ltd
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Avi Ansh Textile IPO is up to ₹26.00 Cr whereas the issue size of the Kalana Ispat IPO is up to ₹32.59 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Kalana Ispat IPO is ₹66.00 per share.

	Avi Ansh Textile IPO	Kalana Ispat IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹62.00 per share	₹66.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	41,93,541 shares	49,38,000 shares
Fresh Issue Size (Amount)	up to ₹26.00 Cr	up to ₹32.59 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	41,93,541 shares	49,38,000 shares
Issue Size Total (Amount)	up to ₹26.00 Cr	up to ₹32.59 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while Kalana Ispat IPO opens on Sep 19, 2024. The closing date of Avi Ansh Textile IPO and Kalana Ispat IPO is Sep 24, 2024, and Sep 23, 2024, respectively.

	Avi Ansh Textile IPO	Kalana Ispat IPO
Anchor Bid Date
Issue Open	Sep 20, 2024	Sep 19, 2024
Issue Close	Sep 24, 2024	Sep 23, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 24, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 25, 2024
Credit of Share (Tentative)	Sep 26, 2024	Sep 25, 2024
Listing date (Tentative)	Sep 27, 2024	Sep 26, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Kalana Ispat IPO P/E ratio of 22.59.

Avi Ansh Textile IPO

Kalana Ispat IPO

Financial

Avi Ansh Textile Limited Financial Information (Restated)

Avi Ansh Textile Limited's revenue increased by 17% and profit after tax (PAT) rose by 1053% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,522.64	4,692.35	4,336.85	4,694.81
Revenue	14,214.65	12,149.57	12,016.76	7,264.3
Profit After Tax	331.35	28.74	155.55	68.2
Net Worth	1,587.22	1,256.74	1,229.62	1,076.34
Reserves and Surplus	608.73	278.25	251.13	97.85
Total Borrowing	4,481.21	3,193.46	2,659.87	3,375.46
Amount in ₹ Lakhs

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.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,885.71	1,617.46	1,264.89	1,330.7
Revenue	7,394.46	8,335.87	5,793.32	4,298.06
Profit After Tax	236.7	50.09	13.66	13.62
Net Worth	1,081.58	441.94	391.65	376.19
Reserves and Surplus	271.46	339.7	289.61	275.95
Total Borrowing	461.38	861.79	260.57	262.93
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.67%

82.72%

Promoter Shareholding (Post-Issue)

66.98%

51.38%

P/E Ratio

18.31

22.59

Market Cap

₹86.67 Cr.

₹86.08 Cr.

ROE

20.88%%

31.12%%

ROCE

15.88%%

21.20%%

Debt/Equity

2.82

0.43

EPS

₹3.39

₹2.92

RoNW

20.88%%

21.88%%

Shares Offered

In the Avi Ansh Textile IPO retail investors (RII) are offered while in Kalana Ispat IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Avi Ansh Textile IPO and in Kalana Ispat IPO.

	Avi Ansh Textile IPO	Kalana Ispat IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,13,871 shares	2,48,000 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed in total, whereas Kalana Ispat IPO subscribed .

	Avi Ansh Textile IPO	Kalana Ispat IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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