Kalahridhaan Trendz IPO vs Rudra Gas Enterprise IPO

Comparision between Kalahridhaan Trendz IPO and Rudra Gas Enterprise IPO.

IPO Details

Kalahridhaan Trendz IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Rudra Gas Enterprise IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Kalahridhaan Trendz IPO	Rudra Gas Enterprise IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Interactive Financial Services Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Sunflower Broking Private Limited	Spread X Securities 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 Kalahridhaan Trendz IPO is up to ₹22.49 Cr whereas the issue size of the Rudra Gas Enterprise IPO is up to ₹14.16 Cr. The final issue price of Kalahridhaan Trendz IPO is ₹45.00 per share and of Rudra Gas Enterprise IPO is ₹63.00 per share.

	Kalahridhaan Trendz IPO	Rudra Gas Enterprise IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹45.00 per share	₹63.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	49,98,000 shares	22,48,000 shares
Fresh Issue Size (Amount)	up to ₹22.49 Cr	up to ₹14.16 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,98,000 shares	22,48,000 shares
Issue Size Total (Amount)	up to ₹22.49 Cr	up to ₹14.16 Cr

IPO Timetable

Kalahridhaan Trendz IPO opens on Feb 15, 2024, while Rudra Gas Enterprise IPO opens on Feb 08, 2024. The closing date of Kalahridhaan Trendz IPO and Rudra Gas Enterprise IPO is Feb 20, 2024, and Feb 12, 2024, respectively.

	Kalahridhaan Trendz IPO	Rudra Gas Enterprise IPO
Anchor Bid Date
Issue Open	Feb 15, 2024	Feb 08, 2024
Issue Close	Feb 20, 2024	Feb 12, 2024
Basis Of Allotment (Tentative)	Feb 21, 2024	Feb 13, 2024
Initiation of Refunds (Tentative)	Feb 22, 2024	Feb 14, 2024
Credit of Share (Tentative)	Feb 22, 2024	Feb 14, 2024
Listing date (Tentative)	Feb 23, 2024	Feb 15, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to Rudra Gas Enterprise IPO P/E ratio of 10.9.

Kalahridhaan Trendz IPO

Rudra Gas Enterprise IPO

Financial

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

Rudra Gas Enterprise Limited Financial Information (Restated Standalone)

Rudra Gas Enterprise Limited's revenue increased by 12.76% and profit after tax (PAT) rose by 96.21% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,345.39	3,380.56	2,804.92	1,960.50
Revenue	3,446.81	4,957.02	4,395.95	2,816.96
Profit After Tax	247.41	352.02	179.41	127.05
Net Worth	1,149.10	798.50	446.48	267.07
Reserves and Surplus	540.10	773.50	421.48	242.07
Total Borrowing	1,990.15	1,738.34	1,379.98	1,008.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.22%

99.99%

Promoter Shareholding (Post-Issue)

68.24%

73.03%

P/E Ratio

8.24

10.9

Market Cap

₹77.34 Cr.

₹52.53 Cr.

ROE

42.09%%

57%%

ROCE

17.39%%

25%%

Debt/Equity

3.19

2.18

EPS

₹5.46

₹5.78

RoNW

36.75%%

44.09%%

Shares Offered

In the Kalahridhaan Trendz IPO retail investors (RII) are offered 23,73,000 shares while in Rudra Gas Enterprise IPO retail investors are offered 23,73,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kalahridhaan Trendz IPO and 0 shares in Rudra Gas Enterprise IPO.

	Kalahridhaan Trendz IPO	Rudra Gas Enterprise IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,52,000 shares	1,16,000 shares
QIB	0 shares	0 shares
NII	23,73,000 shares	10,66,000 shares
RII	23,73,000 shares	10,66,000 shares
Employee	0 shares	0 shares
Others
Total	47,46,000 shares	21,32,000 shares

Bids Received (Subscription)

Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas Rudra Gas Enterprise IPO subscribed 350.75x.

	Kalahridhaan Trendz IPO	Rudra Gas Enterprise IPO
QIB (times)
NII (times)	6.66x	286.62x
Big NII (times)
Small NII (times)
RII (times)	9.63x	404.38x
Employee (times)
Other (times)
Total (times)	8.15x	350.75x

Compare with others

Kalahridhaan Trendz IPO	Rudra Gas Enterprise IPO
Esconet Technologies IPO	Interiors and More IPO
Trust Fintech IPO	Atmastco IPO
Interiors and More IPO	Thaai Casting IPO
Atmastco IPO	Kalahridhaan Trendz IPO
Thaai Casting IPO	Polysil Irrigation Systems IPO
Polysil Irrigation Systems IPO	WTI Cabs IPO
Rudra Gas Enterprise IPO	Alpex Solar IPO
WTI Cabs IPO	Italian Edibles IPO
Alpex Solar IPO	Gabriel Pet Straps IPO
Italian Edibles IPO	Mayank Cattle Food IPO

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