Chatha Foods IPO vs KP Green Engineering IPO

Comparision between Chatha Foods IPO and KP Green Engineering IPO.

IPO Details

Chatha Foods IPO is a SME Book Built Issue IPO proposed to list at BSE SME while KP Green Engineering IPO is a SME Book Built Issue proposed to list at BSE SME.

	Chatha Foods IPO	KP Green Engineering IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Indorient Financial Services Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Alacrity Securities Ltd.	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Chatha Foods IPO is up to ₹34.00 Cr whereas the issue size of the KP Green Engineering IPO is up to ₹189.50 Cr. The final issue price of Chatha Foods IPO is ₹56.00 per share and of KP Green Engineering IPO is ₹144.00 per share.

	Chatha Foods IPO	KP Green Engineering IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹53.00 per share	₹137.00 per share
Issue Price (Upper)	₹56.00 per share	₹144.00 per share
Issue Price (Final)	₹56.00 per share	₹144.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	59,62,000 shares	1,31,60,000 shares
Fresh Issue Size (Amount)	up to ₹34.00 Cr	up to ₹189.50 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	59,62,000 shares	1,31,60,000 shares
Issue Size Total (Amount)	up to ₹34.00 Cr	up to ₹189.50 Cr

IPO Timetable

Chatha Foods IPO opens on Mar 19, 2024, while KP Green Engineering IPO opens on Mar 15, 2024. The closing date of Chatha Foods IPO and KP Green Engineering IPO is Mar 21, 2024, and Mar 19, 2024, respectively.

	Chatha Foods IPO	KP Green Engineering IPO
Anchor Bid Date	Mar 18, 2024	Mar 13, 2024
Issue Open	Mar 19, 2024	Mar 15, 2024
Issue Close	Mar 21, 2024	Mar 19, 2024
Basis Of Allotment (Tentative)	Mar 26, 2024	Mar 20, 2024
Initiation of Refunds (Tentative)	Mar 27, 2024	Mar 21, 2024
Credit of Share (Tentative)	Mar 27, 2024	Mar 21, 2024
Listing date (Tentative)	Mar 27, 2024	Mar 22, 2024
Anchor Lockin End date 1	Apr 25, 2024	Apr 19, 2024
Anchor Lockin End date 2	Jun 24, 2024	Jun 18, 2024

Financials

Chatha Foods IPO P/E ratio is 37.76, as compared to KP Green Engineering IPO P/E ratio of 42.8.

Chatha Foods IPO

KP Green Engineering IPO

Financial

Chatha Foods Limited Financial Information (Restated)

Chatha Foods Limited's revenue increased by 34.14% and profit after tax (PAT) rose by 264.66% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,827.62	5,141.94	4,830.31	4,330.28
Revenue	7,078.03	11,724.23	8,740.31	6,119.03
Profit After Tax	341.04	245.20	67.24	-400.35
Net Worth	2,516.15	2,175.12	1,929.93	1,862.68
Reserves and Surplus	862.66	935.00	689.81	622.56
Total Borrowing	987.96	1,060.19	1,101.33	1,065.03
Amount in ₹ Lakhs

KP Green Engineering Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	13,635.62	9,506.65
Revenue	10,413.64	11,478.50
Profit After Tax	1,126.64	1,239.45
Reserves and Surplus	2,624.03	3,177.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

81.36%

90.37%

Promoter Shareholding (Post-Issue)

66.59%

P/E Ratio

37.76

42.8

Market Cap

₹125.98 Cr.

₹720.00 Cr.

ROE

14.54%%

29.24%%

ROCE

14.81%%

23.05%%

Debt/Equity

0.39

1.11

EPS

₹1.48

₹3.36

RoNW

14.54%%

25.51%%

Shares Offered

In the Chatha Foods IPO retail investors (RII) are offered 19,82,000 shares while in KP Green Engineering IPO retail investors are offered 19,82,000 shares. Qualified institutional buyers (QIB) are offered 11,32,000 shares in Chatha Foods IPO and 25,00,000 shares in KP Green Engineering IPO.

	Chatha Foods IPO	KP Green Engineering IPO
Anchor Investor Reserveration	16,98,000 shares	37,50,000 shares
Market Maker Reserveration	3,00,000 shares	6,58,000 shares
QIB	11,32,000 shares	25,00,000 shares
NII	8,50,000 shares	18,76,000 shares
RII	19,82,000 shares	43,76,000 shares
Employee	0 shares	0 shares
Others
Total	39,64,000 shares	87,52,000 shares

Bids Received (Subscription)

Chatha Foods IPO subscribed 19.28x in total, whereas KP Green Engineering IPO subscribed 29.50x.

	Chatha Foods IPO	KP Green Engineering IPO
QIB (times)	8.54x	31.86x
NII (times)	44.52x	48.23x
Big NII (times)
Small NII (times)
RII (times)	14.60x	20.12x
Employee (times)
Other (times)
Total (times)	19.28x	29.50x

Compare with others

Chatha Foods IPO	KP Green Engineering IPO
Blue Pebble IPO	Omfurn India FPO
Vruddhi Engineering Works IPO	Vishwas Agri Seeds IPO
Naman In-Store (India) IPO	Chatha Foods IPO
Omfurn India FPO	Enser Communications IPO
Vishwas Agri Seeds IPO	Enfuse Solutions IPO
Enser Communications IPO	Royal Sense IPO
Enfuse Solutions IPO	AVP Infracon IPO
KP Green Engineering IPO	Signoria Creation IPO
Royal Sense IPO	Pratham EPC Projects IPO
AVP Infracon IPO	Koura Fine Diamond Jewelry IPO

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