Esconet Technologies IPO vs Kalahridhaan Trendz IPO

Comparision between Esconet Technologies IPO and Kalahridhaan Trendz IPO.

IPO Details

Esconet Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Kalahridhaan Trendz IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Esconet Technologies IPO	Kalahridhaan Trendz IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt Ltd	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Ss Corporate Securities Limited	Sunflower Broking Private 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 Esconet Technologies IPO is up to ₹28.22 Cr whereas the issue size of the Kalahridhaan Trendz IPO is up to ₹22.49 Cr. The final issue price of Esconet Technologies IPO is ₹84.00 per share and of Kalahridhaan Trendz IPO is ₹45.00 per share.

	Esconet Technologies IPO	Kalahridhaan Trendz IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share
Issue Price (Upper)	₹84.00 per share
Issue Price (Final)	₹84.00 per share	₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	33,60,000 shares	49,98,000 shares
Fresh Issue Size (Amount)	up to ₹28.22 Cr	up to ₹22.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	33,60,000 shares	49,98,000 shares
Issue Size Total (Amount)	up to ₹28.22 Cr	up to ₹22.49 Cr

IPO Timetable

Esconet Technologies IPO opens on Feb 16, 2024, while Kalahridhaan Trendz IPO opens on Feb 15, 2024. The closing date of Esconet Technologies IPO and Kalahridhaan Trendz IPO is Feb 20, 2024, and Feb 20, 2024, respectively.

	Esconet Technologies IPO	Kalahridhaan Trendz IPO
Anchor Bid Date	Feb 15, 2024
Issue Open	Feb 16, 2024	Feb 15, 2024
Issue Close	Feb 20, 2024	Feb 20, 2024
Basis Of Allotment (Tentative)	Feb 21, 2024	Feb 21, 2024
Initiation of Refunds (Tentative)	Feb 22, 2024	Feb 22, 2024
Credit of Share (Tentative)	Feb 22, 2024	Feb 22, 2024
Listing date (Tentative)	Feb 23, 2024	Feb 23, 2024
Anchor Lockin End date 1	Mar 22, 2024
Anchor Lockin End date 2	May 21, 2024

Financials

Esconet Technologies IPO P/E ratio is 24.87, as compared to Kalahridhaan Trendz IPO P/E ratio of 8.24.

Esconet Technologies IPO

Kalahridhaan Trendz IPO

Financial

Esconet Technologies Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	4,260.46	2,798.37
Revenue	7,146.71	9,690.84
Profit After Tax	305.47	304.00
Net Worth	902.97	554.47
Reserves and Surplus	825.19	477.48
Total Borrowing	1,008.95	1,103.89
Amount in ₹ Lakhs

Kalahridhaan Trendz Limited Financial Information (Restated)

Kalahridhaan Trendz Limited's revenue increased by 0.14% and profit after tax (PAT) rose by 170.52% 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	10,979.30	10,962.55	10,297.94	5,979.36
Revenue	8,434.54	18,417.01	18,390.46	13,235.91
Profit After Tax	478.72	666.01	246.20	110.54
Net Worth	2,290.94	1,202.78	536.77	290.56
Reserves and Surplus	1,072.04	1,202.78	536.77	290.56
Total Borrowing	6,702.43	6,105.33	5,249.90	3,145.56
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

89.18%

96.22%

Promoter Shareholding (Post-Issue)

64.94%

68.24%

P/E Ratio

24.87

8.24

Market Cap

₹103.82 Cr.

₹77.34 Cr.

ROE

75.54%%

42.09%%

ROCE

59.11%%

17.39%%

Debt/Equity

1.99

3.19

EPS

₹39.63

₹5.46

RoNW

54.83%%

36.75%%

Shares Offered

In the Esconet Technologies IPO retail investors (RII) are offered 11,15,200 shares while in Kalahridhaan Trendz IPO retail investors are offered 11,15,200 shares. Qualified institutional buyers (QIB) are offered 6,36,800 shares in Esconet Technologies IPO and 0 shares in Kalahridhaan Trendz IPO.

	Esconet Technologies IPO	Kalahridhaan Trendz IPO
Anchor Investor Reserveration	9,53,600 shares
Market Maker Reserveration	1,76,000 shares	2,52,000 shares
QIB	6,36,800 shares	0 shares
NII	4,78,400 shares	23,73,000 shares
RII	11,15,200 shares	23,73,000 shares
Employee	0 shares	0 shares
Others
Total	22,30,400 shares	47,46,000 shares

Bids Received (Subscription)

Esconet Technologies IPO subscribed 507.24x in total, whereas Kalahridhaan Trendz IPO subscribed 8.15x.

	Esconet Technologies IPO	Kalahridhaan Trendz IPO
QIB (times)	156.02x
NII (times)	868.05x	6.66x
Big NII (times)
Small NII (times)
RII (times)	553.02x	9.63x
Employee (times)
Other (times)
Total (times)	507.24x	8.15x

Compare with others

Esconet Technologies IPO	Kalahridhaan Trendz IPO
Owais Metal and Mineral Processing IPO	Esconet Technologies IPO
Purv Flexipack IPO	Trust Fintech IPO
Sadhav Shipping IPO	Interiors and More IPO
Deem Roll Tech IPO	Atmastco IPO
Zenith Drugs IPO	Thaai Casting IPO
Trust Fintech IPO	Polysil Irrigation Systems IPO
Interiors and More IPO	Rudra Gas Enterprise IPO
Atmastco IPO	WTI Cabs IPO
Thaai Casting IPO	Alpex Solar IPO
Kalahridhaan Trendz IPO	Italian Edibles IPO

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