HRH Next Services IPO vs Kay Cee Energy & Infra IPO

Comparision between HRH Next Services IPO and Kay Cee Energy & Infra IPO.

IPO Details

HRH Next Services IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Kay Cee Energy & Infra IPO is a SME Book Built Issue proposed to list at NSE SME.

	HRH Next Services IPO	Kay Cee Energy & Infra 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	Finshore Management Services Limited	GYR Capital Advisors Private Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Giriraj Stock 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 HRH Next Services IPO is up to ₹9.57 Cr whereas the issue size of the Kay Cee Energy & Infra IPO is up to ₹15.93 Cr. The final issue price of HRH Next Services IPO is ₹36.00 per share and of Kay Cee Energy & Infra IPO is ₹54.00 per share.

	HRH Next Services IPO	Kay Cee Energy & Infra IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹51.00 per share
Issue Price (Upper)		₹54.00 per share
Issue Price (Final)	₹36.00 per share	₹54.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	26,58,000 shares	29,50,000 shares
Fresh Issue Size (Amount)	up to ₹9.57 Cr	up to ₹15.93 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	26,58,000 shares	29,50,000 shares
Issue Size Total (Amount)	up to ₹9.57 Cr	up to ₹15.93 Cr

IPO Timetable

HRH Next Services IPO opens on Dec 27, 2023, while Kay Cee Energy & Infra IPO opens on Dec 28, 2023. The closing date of HRH Next Services IPO and Kay Cee Energy & Infra IPO is Dec 29, 2023, and Jan 02, 2024, respectively.

	HRH Next Services IPO	Kay Cee Energy & Infra IPO
Anchor Bid Date		Dec 27, 2023
Issue Open	Dec 27, 2023	Dec 28, 2023
Issue Close	Dec 29, 2023	Jan 02, 2024
Basis Of Allotment (Tentative)	Jan 01, 2024	Jan 03, 2024
Initiation of Refunds (Tentative)	Jan 02, 2024	Jan 03, 2024
Credit of Share (Tentative)	Jan 02, 2024	Jan 04, 2024
Listing date (Tentative)	Jan 03, 2024	Jan 05, 2024
Anchor Lockin End date 1	Jan 31, 2024	Feb 02, 2024
Anchor Lockin End date 2	Mar 31, 2024	Apr 02, 2024

Financials

HRH Next Services IPO P/E ratio is 6.78, as compared to Kay Cee Energy & Infra IPO P/E ratio of 7.59.

HRH Next Services IPO

Kay Cee Energy & Infra IPO

Financial

HRH Next Services Limited Financial Information (Restated)

HRH Next Services Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 273.85% 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	3,113.86	2,882.29	1,864.85	1,298.10
Revenue	2,152.51	5,124.96	4,428.42	2,424.26
Profit After Tax	150.84	347.79	93.03	25.18
Net Worth	1,320.71	1,044.79	697.00	603.97
Reserves and Surplus	665.96	1,024.79	677.00	583.97
Total Borrowing	1,083.77	990.57	442.58	401.88
Amount in ₹ Lakhs

Kay Cee Energy & Infra Limited Financial Information (Restated)

Kay Cee Energy & Infra Limited's revenue increased by 22.33% and profit after tax (PAT) rose by 77.62% 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	8,332.09	8,017.57	6,370.15	3,807.83
Revenue	964.29	6,132.07	5,012.55	3,559.13
Profit After Tax	120.74	550.71	310.05	187.47
Net Worth	2,312.08	2,191.34	1,640.63	1,330.58
Reserves and Surplus	2,287.08	2,166.34	1,615.63	1,305.58
Total Borrowing	2,405.41	2,289.42	646.90	272.27
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.88%

96.12%

Promoter Shareholding (Post-Issue)

69.61%

P/E Ratio

6.78

7.59

Market Cap

₹33.14 Cr.

₹59.18 Cr.

ROE

39.94%%

25.13%%

ROCE

6.80%%

22.32%%

Debt/Equity

0.12

1.04

EPS

₹5.31

₹7.11

RoNW

33.29%%

25.13%%

Shares Offered

In the HRH Next Services IPO retail investors (RII) are offered 12,60,000 shares while in Kay Cee Energy & Infra IPO retail investors are offered 12,60,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in HRH Next Services IPO and 5,56,000 shares in Kay Cee Energy & Infra IPO.

	HRH Next Services IPO	Kay Cee Energy & Infra IPO
Anchor Investor Reserveration		8,00,000 shares
Market Maker Reserveration	1,35,000 shares	1,90,000 shares
QIB	0 shares	5,56,000 shares
NII	12,63,000 shares	4,22,000 shares
RII	12,60,000 shares	9,82,000 shares
Employee	0 shares	0 shares
Others
Total	25,23,000 shares	19,60,000 shares

Bids Received (Subscription)

HRH Next Services IPO subscribed 66.29x in total, whereas Kay Cee Energy & Infra IPO subscribed 1,052.45x.

	HRH Next Services IPO	Kay Cee Energy & Infra IPO
QIB (times)		127.71x
NII (times)	66.91x	1,668.97x
Big NII (times)
Small NII (times)
RII (times)	63.61x	1,311.10x
Employee (times)
Other (times)
Total (times)	66.29x	1,052.45x

Compare with others

HRH Next Services IPO	Kay Cee Energy & Infra IPO
Lawsikho IPO	New Swan Multitech IPO
IBL Finance IPO	Kaushalya Logistics IPO
New Swan Multitech IPO	Akanksha Power and Infrastructure IPO
Kaushalya Logistics IPO	HRH Next Services IPO
Akanksha Power and Infrastructure IPO	MCPL IPO
MCPL IPO	Balaji Valve Components IPO
Kay Cee Energy & Infra IPO	AIK Pipes And Polymers IPO
Balaji Valve Components IPO	Indifra IPO
AIK Pipes And Polymers IPO	Sameera Agro IPO
Indifra IPO	Supreme Power Equipment IPO

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