Baba Food Processing IPO vs Kalyani Cast Tech IPO

Comparision between Baba Food Processing IPO and Kalyani Cast Tech IPO.

IPO Details

Baba Food Processing IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Kalyani Cast Tech IPO is a SME Book Built Issue proposed to list at BSE SME.

	Baba Food Processing IPO	Kalyani Cast Tech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Horizon Management Private Limited	Gretex Corporate Services Limited
Registrar	Mas Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Gretex Share 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 Baba Food Processing IPO is up to ₹33.00 Cr whereas the issue size of the Kalyani Cast Tech IPO is up to ₹30.11 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Kalyani Cast Tech IPO is ₹139.00 per share.

	Baba Food Processing IPO	Kalyani Cast Tech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹72.00 per share	₹137.00 per share
Issue Price (Upper)	₹76.00 per share	₹139.00 per share
Issue Price (Final)	₹76.00 per share	₹139.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	43,42,105 shares	21,66,000 shares
Fresh Issue Size (Amount)	up to ₹33.00 Cr	up to ₹30.11 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	43,42,105 shares	21,66,000 shares
Issue Size Total (Amount)	up to ₹33.00 Cr	up to ₹30.11 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Kalyani Cast Tech IPO opens on Nov 08, 2023. The closing date of Baba Food Processing IPO and Kalyani Cast Tech IPO is Nov 07, 2023, and Nov 10, 2023, respectively.

	Baba Food Processing IPO	Kalyani Cast Tech IPO
Anchor Bid Date		Nov 07, 2023
Issue Open	Nov 03, 2023	Nov 08, 2023
Issue Close	Nov 07, 2023	Nov 10, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Nov 13, 2023
Initiation of Refunds (Tentative)	Nov 13, 2023	Nov 15, 2023
Credit of Share (Tentative)	Nov 15, 2023	Nov 17, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 17, 2023
Anchor Lockin End date 1	Dec 10, 2023	Dec 13, 2023
Anchor Lockin End date 2	Feb 08, 2024	Feb 11, 2024

Financials

Baba Food Processing IPO P/E ratio is , as compared to Kalyani Cast Tech IPO P/E ratio of 8.67.

Baba Food Processing IPO

Kalyani Cast Tech IPO

Financial

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,980.33	6,811.54	5,467.80	4,583.95
Revenue	4,138.75	18,964.17	9,756.30	10,769.55
Profit After Tax	192.29	503.44	201.26	198.14
Net Worth	2,692.36	2,499.97	1,996.53	1,648.95
Reserves and Surplus	1,492.26	2,019.97	1,516.53	1,168.95
Total Borrowing	3,250.94	3,266.54	2,766.60	2,325.45
Amount in ₹ Lakhs

Kalyani Cast Tech Ltd Financial Information (Restated)

Kalyani Cast Tech Ltd's revenue increased by 28.08% and profit after tax (PAT) rose by 585.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,059.18	2,420.19	1,599.54	1,367.88
Revenue	2,467.85	6,336.46	4,947.12	1,135.26
Profit After Tax	293.64	803.79	117.33	35.36
Net Worth	1,717.65	1,424.01	620.22	502.89
Reserves and Surplus	1,216.20	922.56	118.77	1.44
Total Borrowing	581.92	342.05	269.87	498.54
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

100%

Promoter Shareholding (Post-Issue)

69.83%

P/E Ratio

8.67

Market Cap

₹124.20 Cr.

₹99.81 Cr.

ROE

20.14%%

78.64%%

ROCE

15.81%%

67.56%%

Debt/Equity

0.34

EPS

₹4.20

₹16.03

RoNW

20.14%%

56.45%%

Shares Offered

In the Baba Food Processing IPO retail investors (RII) are offered 28,35,200 shares while in Kalyani Cast Tech IPO retail investors are offered 28,35,200 shares. Qualified institutional buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and 3,61,000 shares in Kalyani Cast Tech IPO.

	Baba Food Processing IPO	Kalyani Cast Tech IPO
Anchor Investor Reserveration		5,40,000 shares
Market Maker Reserveration	2,17,600 shares	3,62,000 shares
QIB	80,000 shares	3,61,000 shares
NII	11,93,600 shares	2,71,000 shares
RII	28,35,200 shares	6,32,000 shares
Employee	0 shares	0 shares
Others
Total	41,08,800 shares	12,64,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Kalyani Cast Tech IPO subscribed 208.59x.

	Baba Food Processing IPO	Kalyani Cast Tech IPO
QIB (times)	147.02x	66.35x
NII (times)	84.73x	439.20x
Big NII (times)
Small NII (times)
RII (times)	60.82x	190.95x
Employee (times)
Other (times)
Total (times)	69.44x	208.59x

Compare with others

Baba Food Processing IPO	Kalyani Cast Tech IPO
Arrowhead Seperation Engineering IPO	Net Avenue Technologies IPO
Kalyani Cast Tech IPO	Deepak Chemtex IPO
ROX Hi-Tech IPO	Swashthik Plascon IPO
Sunrest Lifescience IPO	Rockingdeals Circular Economy IPO
Sheetal Universal IPO	Arrowhead Seperation Engineering IPO
Micropro Software Solutions IPO	ROX Hi-Tech IPO
SAR Televenture IPO	Sunrest Lifescience IPO
Vrundavan Plantation IPO	Sheetal Universal IPO
Mish Designs IPO	Baba Food Processing IPO
KK Shah Hospitals IPO	Micropro Software Solutions IPO

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