Ahasolar Technologies IPO vs Khazanchi Jewellers IPO

Comparision between Ahasolar Technologies IPO and Khazanchi Jewellers IPO.

IPO Details

Ahasolar Technologies IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Khazanchi Jewellers IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Ahasolar Technologies IPO	Khazanchi Jewellers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Mark Corporate Advisors Private Limited
Registrar	Kfin Technologies Limited	Cameo Corporate Services Limited
Market Maker	Sunflower Broking Private Limited	Svcm 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 Ahasolar Technologies IPO is up to ₹12.85 Cr whereas the issue size of the Khazanchi Jewellers IPO is up to ₹97.00 Cr. The final issue price of Ahasolar Technologies IPO is ₹157.00 per share and of Khazanchi Jewellers IPO is ₹140.00 per share.

	Ahasolar Technologies IPO	Khazanchi Jewellers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹157.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1000 shares
Fresh Issue Size	8,18,400 shares	69,10,000 shares
Fresh Issue Size (Amount)	up to ₹12.85 Cr	up to ₹96.74 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,18,400 shares	69,10,000 shares
Issue Size Total (Amount)	up to ₹12.85 Cr	up to ₹97.00 Cr

IPO Timetable

Ahasolar Technologies IPO opens on Jul 10, 2023, while Khazanchi Jewellers IPO opens on Jul 24, 2023. The closing date of Ahasolar Technologies IPO and Khazanchi Jewellers IPO is Jul 13, 2023, and Jul 28, 2023, respectively.

	Ahasolar Technologies IPO	Khazanchi Jewellers IPO
Anchor Bid Date
Issue Open	Jul 10, 2023	Jul 24, 2023
Issue Close	Jul 13, 2023	Jul 28, 2023
Basis Of Allotment (Tentative)	Jul 18, 2023	Aug 02, 2023
Initiation of Refunds (Tentative)	Jul 19, 2023	Aug 03, 2023
Credit of Share (Tentative)	Jul 20, 2023	Aug 04, 2023
Listing date (Tentative)	Jul 21, 2023	Aug 07, 2023
Anchor Lockin End date 1	Aug 17, 2023	Sep 01, 2023
Anchor Lockin End date 2	Oct 16, 2023	Oct 31, 2023

Financials

Ahasolar Technologies IPO P/E ratio is 27.45, as compared to Khazanchi Jewellers IPO P/E ratio of 45.75.

Ahasolar Technologies IPO

Khazanchi Jewellers IPO

Financial

Ahasolar Technologies Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	138.63	128.70	2.07	2.16	1.16	23.04
31-Mar-21	85.47	187.73	7.91	10.08	9.08	24.24
31-Mar-22	237.37	1,714.64	68.63	78.71	77.71	58.18
31-Mar-23	525.56	2,105.16	176.38	405.07	178.69	0.00
Amount in ₹ Lakhs

Khazanchi Jewellers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	10,379.93	36,165.36	230.71	2,269.33	1,276.21	7,786.00
31-Mar-21	11,319.79	38,242.89	275.58	2,544.91	1,551.79	7,480.12
31-Mar-22	12,436.20	25,799.75	326.62	2,871.53	1,878.41	8,412.38
31-Mar-23	14,506.80	48,181.65	756.49	3,604.99	2,611.87	8,462.47
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

50.31%

100.00%

Promoter Shareholding (Post-Issue)

36.95%

P/E Ratio

27.45

45.75

Market Cap

₹48.39 Cr.

₹346.46 Cr.

ROE

72.92%%

20.98%

ROCE

63.53%%

18.91%

Debt/Equity

1.45

EPS

₹7.94

₹7.62

RoNW

43.54%%

20.98%%

Shares Offered

In the Ahasolar Technologies IPO retail investors (RII) are offered 3,88,000 shares while in Khazanchi Jewellers IPO retail investors are offered 3,88,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Ahasolar Technologies IPO and 0 shares in Khazanchi Jewellers IPO.

	Ahasolar Technologies IPO	Khazanchi Jewellers IPO
Anchor Investor Reserveration
Market Maker Reserveration	42,400 shares	3,46,000 shares
QIB	0 shares	0 shares
NII	3,88,000 shares	32,82,000 shares
RII	3,88,000 shares	32,82,000 shares
Employee	0 shares	0 shares
Others
Total	7,76,000 shares	65,64,000 shares

Bids Received (Subscription)

Ahasolar Technologies IPO subscribed 34.79x in total, whereas Khazanchi Jewellers IPO subscribed 1.26x.

	Ahasolar Technologies IPO	Khazanchi Jewellers IPO
QIB (times)
NII (times)	23.37x	1.74x
Big NII (times)
Small NII (times)
RII (times)	46.18x	0.78x
Employee (times)
Other (times)
Total (times)	34.79x	1.26x

Compare with others

Ahasolar Technologies IPO	Khazanchi Jewellers IPO
Committed Cargo Care IPO	Innovatus Entertainment Networks IPO
Khazanchi Jewellers IPO	Shri Techtex IPO
Srivari Spices and Foods IPO	Vinsys IT Services IPO
Asarfi Hospital IPO	Yasons Chemex Care IPO
Service Care IPO	Committed Cargo Care IPO
Drone Destination IPO	Srivari Spices and Foods IPO
AccelerateBS India IPO	Asarfi Hospital IPO
Synoptics Technologies IPO	Service Care IPO
Alphalogic Industries IPO	Ahasolar Technologies IPO
Global Pet Industries IPO	Drone Destination IPO

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