Kalahridhaan Trendz IPO vs WTI Cabs IPO

Comparision between Kalahridhaan Trendz IPO and WTI Cabs IPO.

IPO Details

Kalahridhaan Trendz IPO is a SME Book Built Issue IPO proposed to list at NSE SME while WTI Cabs IPO is a SME Book Built Issue proposed to list at NSE SME.

	Kalahridhaan Trendz IPO	WTI Cabs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd	Share India Capital Services Private Limited
Registrar	Bigshare Services Pvt Ltd	Beetal Financial & Computer Services (P) Limited
Market Maker	Sunflower Broking Private 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 Kalahridhaan Trendz IPO is up to ₹22.49 Cr whereas the issue size of the WTI Cabs IPO is up to ₹94.68 Cr. The final issue price of Kalahridhaan Trendz IPO is ₹45.00 per share and of WTI Cabs IPO is ₹147.00 per share.

	Kalahridhaan Trendz IPO	WTI Cabs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹140.00 per share
Issue Price (Upper)		₹147.00 per share
Issue Price (Final)	₹45.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1000 shares
Fresh Issue Size	49,98,000 shares	64,41,000 shares
Fresh Issue Size (Amount)	up to ₹22.49 Cr	up to ₹94.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,98,000 shares	64,41,000 shares
Issue Size Total (Amount)	up to ₹22.49 Cr	up to ₹94.68 Cr

IPO Timetable

Kalahridhaan Trendz IPO opens on Feb 15, 2024, while WTI Cabs IPO opens on Feb 12, 2024. The closing date of Kalahridhaan Trendz IPO and WTI Cabs IPO is Feb 20, 2024, and Feb 14, 2024, respectively.

	Kalahridhaan Trendz IPO	WTI Cabs IPO
Anchor Bid Date		Feb 09, 2024
Issue Open	Feb 15, 2024	Feb 12, 2024
Issue Close	Feb 20, 2024	Feb 14, 2024
Basis Of Allotment (Tentative)	Feb 21, 2024	Feb 15, 2024
Initiation of Refunds (Tentative)	Feb 22, 2024	Feb 16, 2024
Credit of Share (Tentative)	Feb 22, 2024	Feb 16, 2024
Listing date (Tentative)	Feb 23, 2024	Feb 19, 2024
Anchor Lockin End date 1		Mar 16, 2024
Anchor Lockin End date 2		May 15, 2024

Financials

Kalahridhaan Trendz IPO P/E ratio is 8.24, as compared to WTI Cabs IPO P/E ratio of 24.81.

Kalahridhaan Trendz IPO

WTI Cabs 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

Wise Travel India Limited Financial Information (Restated)

Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% 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	13,427.82	12,161.21	6,002.64	5,271.17
Revenue	19,016.53	24,997.04	8,970.00	4,405.51
Profit After Tax	1,132.91	1,029.36	377.74	172.85
Net Worth	5,194.36	4,061.45	2,832.10	2,454.36
Reserves and Surplus	3,457.28	3,745.62	2,537.10	2,159.36
Total Borrowing	1,627.55	1,674.50	216.32	56.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.22%

95.63%

Promoter Shareholding (Post-Issue)

68.24%

69.76%

P/E Ratio

8.24

24.81

Market Cap

₹77.34 Cr.

₹350.03 Cr.

ROE

42.09%%

29.79%%

ROCE

17.39%%

22.90%%

Debt/Equity

3.19

0.65

EPS

₹5.46

₹5.91

RoNW

36.75%%

25.28%%

Shares Offered

In the Kalahridhaan Trendz IPO retail investors (RII) are offered 23,73,000 shares while in WTI Cabs IPO retail investors are offered 23,73,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kalahridhaan Trendz IPO and 11,91,000 shares in WTI Cabs IPO.

	Kalahridhaan Trendz IPO	WTI Cabs IPO
Anchor Investor Reserveration		17,85,000 shares
Market Maker Reserveration	2,52,000 shares	4,38,000 shares
QIB	0 shares	11,91,000 shares
NII	23,73,000 shares	8,94,000 shares
RII	23,73,000 shares	20,84,000 shares
Employee	0 shares	0 shares
Others
Total	47,46,000 shares	42,18,000 shares

Bids Received (Subscription)

Kalahridhaan Trendz IPO subscribed 8.15x in total, whereas WTI Cabs IPO subscribed 163.46x.

	Kalahridhaan Trendz IPO	WTI Cabs IPO
QIB (times)		106.69x
NII (times)	6.66x	375.56x
Big NII (times)
Small NII (times)
RII (times)	9.63x	108.76x
Employee (times)
Other (times)
Total (times)	8.15x	163.46x

Compare with others

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

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