AVP Infracon IPO vs KP Green Engineering IPO

Comparision between AVP Infracon IPO and KP Green Engineering IPO.

IPO Details

AVP Infracon IPO is a SME Book Built Issue IPO proposed to list at NSE SME while KP Green Engineering IPO is a SME Book Built Issue proposed to list at BSE SME.

	AVP Infracon IPO	KP Green Engineering IPO
Logo	$AVP Infracon IPO Logo$
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Share India Capital Services Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Share India Securities Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of AVP Infracon IPO is up to ₹52.34 Cr whereas the issue size of the KP Green Engineering IPO is up to ₹189.50 Cr. The final issue price of AVP Infracon IPO is ₹75.00 per share and of KP Green Engineering IPO is ₹144.00 per share.

	AVP Infracon IPO	KP Green Engineering IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹71.00 per share	₹137.00 per share
Issue Price (Upper)	₹75.00 per share	₹144.00 per share
Issue Price (Final)	₹75.00 per share	₹144.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	69,79,200 shares	1,31,60,000 shares
Fresh Issue Size (Amount)	up to ₹52.34 Cr	up to ₹189.50 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	69,79,200 shares	1,31,60,000 shares
Issue Size Total (Amount)	up to ₹52.34 Cr	up to ₹189.50 Cr

IPO Timetable

AVP Infracon IPO opens on Mar 13, 2024, while KP Green Engineering IPO opens on Mar 15, 2024. The closing date of AVP Infracon IPO and KP Green Engineering IPO is Mar 15, 2024, and Mar 19, 2024, respectively.

	AVP Infracon IPO	KP Green Engineering IPO
Anchor Bid Date	Mar 12, 2024	Mar 13, 2024
Issue Open	Mar 13, 2024	Mar 15, 2024
Issue Close	Mar 15, 2024	Mar 19, 2024
Basis Of Allotment (Tentative)	Mar 18, 2024	Mar 20, 2024
Initiation of Refunds (Tentative)	Mar 19, 2024	Mar 21, 2024
Credit of Share (Tentative)	Mar 19, 2024	Mar 21, 2024
Listing date (Tentative)	Mar 20, 2024	Mar 22, 2024
Anchor Lockin End date 1	Apr 17, 2024	Apr 19, 2024
Anchor Lockin End date 2	Jun 16, 2024	Jun 18, 2024

Financials

AVP Infracon IPO P/E ratio is 11.2, as compared to KP Green Engineering IPO P/E ratio of 42.8.

AVP Infracon IPO

KP Green Engineering IPO

Financial

AVP Infracon Limited Financial Information (Restated Consolidated)

Period Ended	31 Oct 2023	31 Mar 2023
Assets	17,232.87	14,670.84
Revenue	7,411.90	11,550.09
Profit After Tax	855.78	1,205.31
Net Worth	3,405.31	2,549.66
Reserves and Surplus	1,605.31	2,069.66
Total Borrowing	7,791.95	6,729.31
Amount in ₹ Lakhs

KP Green Engineering Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	13,635.62	9,506.65
Revenue	10,413.64	11,478.50
Profit After Tax	1,126.64	1,239.45
Reserves and Surplus	2,624.03	3,177.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.5%

90.37%

Promoter Shareholding (Post-Issue)

62.33%

66.59%

P/E Ratio

11.2

42.8

Market Cap

₹187.34 Cr.

₹720.00 Cr.

ROE

25.05%%

29.24%%

ROCE

22.63%%

23.05%%

Debt/Equity

1.96

1.11

EPS

₹6.70

₹3.36

RoNW

25.05%%

25.51%%

Shares Offered

In the AVP Infracon IPO retail investors (RII) are offered 21,90,400 shares while in KP Green Engineering IPO retail investors are offered 21,90,400 shares. Qualified institutional buyers (QIB) are offered 12,48,000 shares in AVP Infracon IPO and 25,00,000 shares in KP Green Engineering IPO.

	AVP Infracon IPO	KP Green Engineering IPO
Anchor Investor Reserveration	18,70,400 shares	37,50,000 shares
Market Maker Reserveration	7,31,200 shares	6,58,000 shares
QIB	12,48,000 shares	25,00,000 shares
NII	9,39,200 shares	18,76,000 shares
RII	21,90,400 shares	43,76,000 shares
Employee	0 shares	0 shares
Others
Total	43,77,600 shares	87,52,000 shares

Bids Received (Subscription)

AVP Infracon IPO subscribed 21.45x in total, whereas KP Green Engineering IPO subscribed 29.50x.

	AVP Infracon IPO	KP Green Engineering IPO
QIB (times)	1.05x	31.86x
NII (times)	46.15x	48.23x
Big NII (times)
Small NII (times)
RII (times)	22.49x	20.12x
Employee (times)
Other (times)
Total (times)	21.45x	29.50x

Compare with others

AVP Infracon IPO	KP Green Engineering IPO
Chatha Foods IPO	Omfurn India FPO
Enser Communications IPO	Vishwas Agri Seeds IPO
Enfuse Solutions IPO	Chatha Foods IPO
KP Green Engineering IPO	Enser Communications IPO
Royal Sense IPO	Enfuse Solutions IPO
Signoria Creation IPO	Royal Sense IPO
Pratham EPC Projects IPO	AVP Infracon IPO
Koura Fine Diamond Jewelry IPO	Signoria Creation IPO
Shree Karni Fabcom IPO	Pratham EPC Projects IPO
V R Infraspace IPO	Koura Fine Diamond Jewelry IPO

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