De Neers Tools IPO vs Krishca Strapping Solutions IPO

Comparision between De Neers Tools IPO and Krishca Strapping Solutions IPO.

IPO Details

De Neers Tools IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Krishca Strapping Solutions IPO is a SME Book Built Issue proposed to list at NSE SME.

	De Neers Tools IPO	Krishca Strapping Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Khambatta Securities Limited Share India Capital Services Private Limited	Share India Capital Services Private Limited
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Share India Securities Limited	Share India Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of De Neers Tools IPO is up to ₹22.99 Cr whereas the issue size of the Krishca Strapping Solutions IPO is up to ₹17.93 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Krishca Strapping Solutions IPO is ₹54.00 per share.

	De Neers Tools IPO	Krishca Strapping Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share	₹51.00 per share
Issue Price (Upper)	₹101.00 per share	₹54.00 per share
Issue Price (Final)	₹101.00 per share	₹54.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	22,76,400 shares	33,20,000 shares
Fresh Issue Size (Amount)	up to ₹22.99 Cr	up to ₹17.93 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,76,400 shares	33,20,000 shares
Issue Size Total (Amount)	up to ₹22.99 Cr	up to ₹17.93 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Krishca Strapping Solutions IPO opens on May 16, 2023. The closing date of De Neers Tools IPO and Krishca Strapping Solutions IPO is May 03, 2023, and May 19, 2023, respectively.

	De Neers Tools IPO	Krishca Strapping Solutions IPO
Anchor Bid Date
Issue Open	Apr 28, 2023	May 16, 2023
Issue Close	May 03, 2023	May 19, 2023
Basis Of Allotment (Tentative)	May 08, 2023	May 24, 2023
Initiation of Refunds (Tentative)	May 09, 2023	May 25, 2023
Credit of Share (Tentative)	May 10, 2023	May 26, 2023
Listing date (Tentative)	May 11, 2023	May 26, 2023
Anchor Lockin End date 1	Jun 07, 2023	Jun 23, 2023
Anchor Lockin End date 2	Aug 06, 2023	Aug 22, 2023

Financials

De Neers Tools IPO P/E ratio is , as compared to Krishca Strapping Solutions IPO P/E ratio of 3.43.

De Neers Tools IPO

Krishca Strapping Solutions IPO

Financial

De Neers Tools Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	5,570.44	7,349.62	43.94	704.24	712.87	484.58
31-Mar-21	6,111.28	6,211.77	65.77	320.47	317.42	1,147.84
31-Mar-22	9,933.52	8,008.68	504.42	2,382.27	654.27	2,435.85
31-Oct-22	12,558.14	5,602.65	386.98	3,044.13	411.13	2,406.42
Amount in ₹ Lakhs

Krishca Strapping Solutions Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	915.75	98.15	-223.92	64.34	-237.02	827.36
31-Mar-21	1,292.02	971.05	-67.25	-120.28	-421.64	1,337.48
31-Mar-22	1,544.00	1,871.71	150.54	159.51	-340.49	939.28
15-Feb-23	2,696.96	6,351.23	785.75	945.26	445.26	1,193.01
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.14%

86.34%

Promoter Shareholding (Post-Issue)

62.6%

P/E Ratio

3.43

Market Cap

₹65.18 Cr.

ROE

ROCE

Debt/Equity

EPS

₹7.97

₹15.71

RoNW

21.17%%

0.83%%

Shares Offered

In the De Neers Tools IPO retail investors (RII) are offered 7,96,740 shares while in Krishca Strapping Solutions IPO retail investors are offered 7,96,740 shares. Qualified institutional buyers (QIB) are offered 11,38,200 shares in De Neers Tools IPO and 12,08,000 shares in Krishca Strapping Solutions IPO.

	De Neers Tools IPO	Krishca Strapping Solutions IPO
Anchor Investor Reserveration		9,04,000 shares
Market Maker Reserveration	1,15,200 shares	3,00,000 shares
QIB	11,38,200 shares	12,08,000 shares
NII	3,41,460 shares	3,62,400 shares
RII	7,96,740 shares	8,45,600 shares
Employee	0 shares	0 shares
Others
Total	22,76,400 shares	24,16,000 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.04x in total, whereas Krishca Strapping Solutions IPO subscribed 336.57x.

	De Neers Tools IPO	Krishca Strapping Solutions IPO
QIB (times)	3.72x	36.10x
NII (times)	60.16x	786.89x
Big NII (times)
Small NII (times)
RII (times)	11.88x	572.83x
Employee (times)
Other (times)
Total (times)	15.04x	336.57x

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De Neers Tools IPO	Krishca Strapping Solutions IPO
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Krishca Strapping Solutions IPO	Innokaiz India IPO
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