Italian Edibles IPO vs Kalahridhaan Trendz IPO

Comparision between Italian Edibles IPO and Kalahridhaan Trendz IPO.

IPO Details

Italian Edibles 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.

	Italian Edibles IPO	Kalahridhaan Trendz 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	First Overseas Capital Limited	Interactive Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Sunflower Broking Private 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 Italian Edibles IPO is up to ₹26.66 Cr whereas the issue size of the Kalahridhaan Trendz IPO is up to ₹22.49 Cr. The final issue price of Italian Edibles IPO is ₹68.00 per share and of Kalahridhaan Trendz IPO is ₹45.00 per share.

	Italian Edibles IPO	Kalahridhaan Trendz IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹68.00 per share	₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	39,20,000 shares	49,98,000 shares
Fresh Issue Size (Amount)	up to ₹26.66 Cr	up to ₹22.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	39,20,000 shares	49,98,000 shares
Issue Size Total (Amount)	up to ₹26.66 Cr	up to ₹22.49 Cr

IPO Timetable

Italian Edibles IPO opens on Feb 02, 2024, while Kalahridhaan Trendz IPO opens on Feb 15, 2024. The closing date of Italian Edibles IPO and Kalahridhaan Trendz IPO is Feb 07, 2024, and Feb 20, 2024, respectively.

	Italian Edibles IPO	Kalahridhaan Trendz IPO
Anchor Bid Date
Issue Open	Feb 02, 2024	Feb 15, 2024
Issue Close	Feb 07, 2024	Feb 20, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Feb 21, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Feb 22, 2024
Credit of Share (Tentative)	Feb 09, 2024	Feb 22, 2024
Listing date (Tentative)	Feb 12, 2024	Feb 23, 2024
Anchor Lockin End date 1	Mar 09, 2024
Anchor Lockin End date 2	May 08, 2024

Financials

Italian Edibles IPO P/E ratio is 27.94, as compared to Kalahridhaan Trendz IPO P/E ratio of 8.24.

Italian Edibles IPO

Kalahridhaan Trendz IPO

Financial

Italian Edibles Limited Financial Information (Restated)

Italian Edibles Limited's revenue decreased by -16.1% and profit after tax (PAT) rose by 229.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,824.64	4,155.24	3,905.45	3,946.43
Revenue	3,052.16	6,330.09	7,545.25	4,899.44
Profit After Tax	209.68	264.21	80.21	86.52
Net Worth	1,287.92	1,078.24	814.03	583.82
Reserves and Surplus	202.21	906.82	642.60	433.82
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)

100.00%

96.22%

Promoter Shareholding (Post-Issue)

73.47%

68.24%

P/E Ratio

27.94

8.24

Market Cap

₹100.48 Cr.

₹77.34 Cr.

ROE

24.50%%

42.09%%

ROCE

19.32%%

17.39%%

Debt/Equity

1.6

3.19

EPS

₹2.43

₹5.46

RoNW

24.50%%

36.75%%

Shares Offered

In the Italian Edibles IPO retail investors (RII) are offered 18,60,000 shares while in Kalahridhaan Trendz IPO retail investors are offered 18,60,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Italian Edibles IPO and 0 shares in Kalahridhaan Trendz IPO.

	Italian Edibles IPO	Kalahridhaan Trendz IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,00,000 shares	2,52,000 shares
QIB	0 shares	0 shares
NII	18,60,000 shares	23,73,000 shares
RII	18,60,000 shares	23,73,000 shares
Employee	0 shares	0 shares
Others
Total	37,20,000 shares	47,46,000 shares

Bids Received (Subscription)

Italian Edibles IPO subscribed 154.43x in total, whereas Kalahridhaan Trendz IPO subscribed 8.15x.

	Italian Edibles IPO	Kalahridhaan Trendz IPO
QIB (times)
NII (times)	177.37x	6.66x
Big NII (times)
Small NII (times)
RII (times)	120.62x	9.63x
Employee (times)
Other (times)
Total (times)	154.43x	8.15x

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