Kizi Apparels IPO vs Trom Industries IPO

Comparision between Kizi Apparels IPO and Trom Industries IPO.

IPO Details

Kizi Apparels IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Trom Industries IPO is a SME Book Built Issue proposed to list at NSE SME.

	Kizi Apparels IPO	Trom Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd	Expert Global Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Beeline Broking Ltd.	Sunflower 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 Kizi Apparels IPO is up to ₹5.58 Cr whereas the issue size of the Trom Industries IPO is up to ₹31.37 Cr. The final issue price of Kizi Apparels IPO is ₹21.00 per share and of Trom Industries IPO is ₹115.00 per share.

	Kizi Apparels IPO	Trom Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹100.00 per share
Issue Price (Upper)		₹115.00 per share
Issue Price (Final)	₹21.00 per share	₹115.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	1200 shares
Fresh Issue Size	26,58,000 shares	27,27,600 shares
Fresh Issue Size (Amount)	up to ₹5.58 Cr	up to ₹31.37 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	26,58,000 shares	27,27,600 shares
Issue Size Total (Amount)	up to ₹5.58 Cr	up to ₹31.37 Cr

IPO Timetable

Kizi Apparels IPO opens on Jul 30, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Kizi Apparels IPO and Trom Industries IPO is Aug 01, 2024, and Jul 29, 2024, respectively.

	Kizi Apparels IPO	Trom Industries IPO
Anchor Bid Date		Jul 24, 2024
Issue Open	Jul 30, 2024	Jul 25, 2024
Issue Close	Aug 01, 2024	Jul 29, 2024
Basis Of Allotment (Tentative)	Aug 02, 2024	Jul 30, 2024
Initiation of Refunds (Tentative)	Aug 05, 2024	Jul 31, 2024
Credit of Share (Tentative)	Aug 05, 2024	Jul 31, 2024
Listing date (Tentative)	Aug 06, 2024	Aug 01, 2024
Anchor Lockin End date 1		Aug 29, 2024
Anchor Lockin End date 2		Oct 28, 2024

Financials

Kizi Apparels IPO P/E ratio is 15.01, as compared to Trom Industries IPO P/E ratio of 12.98.

Kizi Apparels IPO

Trom Industries IPO

Financial

Kizi Apparels Limited Financial Information (Restated)

Kizi Apparels Limited's revenue increased by 30.84% and profit after tax (PAT) rose by 31.36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,340.30	1,135.10	725.14
Revenue	2,027.37	1,549.50	539.17
Profit After Tax	72.21	54.97	20.64
Net Worth	587.49	394.86	336.95
Reserves and Surplus	71.37
Total Borrowing	514.61	310.96	242.73
Amount in ₹ Lakhs

Trom Industries Limited Financial Information (Restated)

Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,919.93	2,155.35	1,854.32
Revenue	5,454.68	2,413.80	3,056.55
Profit After Tax	572.93	28.86	35.98
Net Worth	1,222.57	249.92	221.12
Reserves and Surplus	575.84	248.92	220.12
Total Borrowing	573.71	492.82	85.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

85.36%

98.84%

Promoter Shareholding (Post-Issue)

56.35%

69.52%

P/E Ratio

15.01

12.98

Market Cap

₹16.42 Cr.

₹105.74 Cr.

ROE

15%%

77.82%%

ROCE

14%%

47.11%%

Debt/Equity

0.88

0.47

EPS

₹1.40

₹8.86

RoNW

12.29%%

77.82%%

Shares Offered

In the Kizi Apparels IPO retail investors (RII) are offered 12,60,000 shares while in Trom Industries IPO retail investors are offered 12,60,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kizi Apparels IPO and 5,18,400 shares in Trom Industries IPO.

	Kizi Apparels IPO	Trom Industries IPO
Anchor Investor Reserveration		7,76,400 shares
Market Maker Reserveration	1,38,000 shares	1,36,800 shares
QIB	0 shares	5,18,400 shares
NII	12,60,000 shares	3,88,800 shares
RII	12,60,000 shares	9,07,200 shares
Employee	0 shares	0 shares
Others
Total	25,20,000 shares	18,14,400 shares

Bids Received (Subscription)

Kizi Apparels IPO subscribed 115.60x in total, whereas Trom Industries IPO subscribed 459.00x.

	Kizi Apparels IPO	Trom Industries IPO
QIB (times)		197.07x
NII (times)	89.58x	751.90x
Big NII (times)
Small NII (times)
RII (times)	139.62x	483.14x
Employee (times)
Other (times)
Total (times)	115.60x	459.00x

Compare with others

Kizi Apparels IPO	Trom Industries IPO
Aesthetik Engineers IPO	Kizi Apparels IPO
Picture Post Studios IPO	Ashapura Logistics IPO
Afcom Holdings IPO	Rajputana Industries IPO
Dhariwalcorp IPO	Bulkcorp IPO
Utssav Cz Gold Jewels IPO	Sathlokhar Synergys E&C Global IPO
Ashapura Logistics IPO	Esprit Stones IPO
Rajputana Industries IPO	S A Tech Software India IPO
Bulkcorp IPO	Aprameya Engineering IPO
Sathlokhar Synergys E&C Global IPO	Manglam Infra And Engineering IPO
Trom Industries IPO	Chetana Education IPO

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