Kahan Packaging IPO vs Meson Valves India IPO

Comparision between Kahan Packaging IPO and Meson Valves India IPO.

IPO Details

Kahan Packaging IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Meson Valves India IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Kahan Packaging IPO	Meson Valves India IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Limited	Shreni Shares Limited
Registrar	Purva Sharegistry India Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Hem Finlease Private Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Kahan Packaging IPO is up to ₹5.76 Cr whereas the issue size of the Meson Valves India IPO is up to ₹31.09 Cr. The final issue price of Kahan Packaging IPO is ₹80.00 per share and of Meson Valves India IPO is ₹102.00 per share.

	Kahan Packaging IPO	Meson Valves India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹80.00 per share	₹102.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	7,20,000 shares	30,48,000 shares
Fresh Issue Size (Amount)	up to ₹5.76 Cr	up to ₹31.09 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,20,000 shares	30,48,000 shares
Issue Size Total (Amount)	up to ₹5.76 Cr	up to ₹31.09 Cr

IPO Timetable

Kahan Packaging IPO opens on Sep 06, 2023, while Meson Valves India IPO opens on Sep 08, 2023. The closing date of Kahan Packaging IPO and Meson Valves India IPO is Sep 08, 2023, and Sep 12, 2023, respectively.

	Kahan Packaging IPO	Meson Valves India IPO
Anchor Bid Date
Issue Open	Sep 06, 2023	Sep 08, 2023
Issue Close	Sep 08, 2023	Sep 12, 2023
Basis Of Allotment (Tentative)	Sep 13, 2023	Sep 15, 2023
Initiation of Refunds (Tentative)	Sep 14, 2023	Sep 18, 2023
Credit of Share (Tentative)	Sep 15, 2023	Sep 20, 2023
Listing date (Tentative)	Sep 15, 2023	Sep 21, 2023
Anchor Lockin End date 1	Oct 13, 2023	Oct 15, 2023
Anchor Lockin End date 2	Dec 12, 2023	Dec 14, 2023

Financials

Kahan Packaging IPO P/E ratio is 7.74, as compared to Meson Valves India IPO P/E ratio of 15.47.

Kahan Packaging IPO

Meson Valves India IPO

Financial

Kahan Packaging IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,046.79	898.33	975.15	1,449.34
Revenue	1,357.76	1,212.81	1,590.63	1,755.93
Profit After Tax	1.05	1.57	19.77	103.38
Net Worth	48.19	49.75	69.53	172.91
Reserves and Surplus	-1.81	-0.25	19.53	72.91
Total Borrowing	490.93	442.29	616.58	773.90

Amount in ₹ Lakhs

Meson Valves India IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,105.58	2,738.78	4,509.01
Revenue	1,542.35	1,431.57	3,719.30
Profit After Tax	11.81	212.54	452.43
Net Worth	55.17	267.71	1,849.57
Reserves and Surplus	48.17	260.71	1,157.32
Total Borrowing	918.26	923.93	1,124.16

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.95%

46.91%

Promoter Shareholding (Post-Issue)

73.49%

32.83%

P/E Ratio

7.74

15.47

Market Cap

₹21.76 Cr.

₹103.63 Cr.

ROE

85.28%%

ROCE

19.77%%

Debt/Equity

4.48

EPS

₹10.34

₹6.59

RoNW

59.79%%

24.46%%

Shares Offered

In the Kahan Packaging IPO retail investors (RII) are offered 3,40,800 shares while in Meson Valves India IPO retail investors are offered 3,40,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kahan Packaging IPO and 0 shares in Meson Valves India IPO.

	Kahan Packaging IPO	Meson Valves India IPO
Anchor Investor Reserveration
Market Maker Reserveration	40,000 shares	1,56,000 shares
QIB	0 shares	0 shares
NII	3,39,200 shares	14,46,000 shares
RII	3,40,800 shares	14,46,000 shares
Employee	0 shares	0 shares
Others
Total	6,80,000 shares	28,92,000 shares

Bids Received (Subscription)

Kahan Packaging IPO subscribed 730.45x in total, whereas Meson Valves India IPO subscribed 173.65x.

	Kahan Packaging IPO	Meson Valves India IPO
QIB (times)
NII (times)	405.59x	132.74x
Big NII (times)
Small NII (times)
RII (times)	1,042.37x	203.02x
Employee (times)
Other (times)
Total (times)	730.45x	173.65x

Compare with others

Kahan Packaging IPO	Meson Valves India IPO
Kundan Edifice IPO	Holmarc Opto-Mechatronics IPO
Meson Valves India IPO	Digikore Studios IPO
Chavda Infra IPO	Madhusudan Masala IPO
Jiwanram Sheoduttrai Industries IPO	Cellecor Gadgets IPO
Unihealth Consultancy IPO	Kundan Edifice IPO
Pramara Promotions IPO	Chavda Infra IPO
Saroja Pharma Industries IPO	Jiwanram Sheoduttrai Industries IPO
Basilic Fly Studio IPO	Unihealth Consultancy IPO
C P S Shapers IPO	Kahan Packaging IPO
Mono Pharmacare IPO	Pramara Promotions IPO

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