KP Green Engineering IPO vs Pratham EPC Projects IPO

Comparision between KP Green Engineering IPO and Pratham EPC Projects IPO.

IPO Details

KP Green Engineering IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Pratham EPC Projects IPO is a SME Book Built Issue proposed to list at NSE SME.

	KP Green Engineering IPO	Pratham EPC Projects IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Spread X Securities Private 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 KP Green Engineering IPO is up to ₹189.50 Cr whereas the issue size of the Pratham EPC Projects IPO is up to ₹36.00 Cr. The final issue price of KP Green Engineering IPO is ₹144.00 per share and of Pratham EPC Projects IPO is ₹75.00 per share.

	KP Green Engineering IPO	Pratham EPC Projects IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹137.00 per share	₹71.00 per share
Issue Price (Upper)	₹144.00 per share	₹75.00 per share
Issue Price (Final)	₹144.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	1,31,60,000 shares	48,00,000 shares
Fresh Issue Size (Amount)	up to ₹189.50 Cr	up to ₹36.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,31,60,000 shares	48,00,000 shares
Issue Size Total (Amount)	up to ₹189.50 Cr	up to ₹36.00 Cr

IPO Timetable

KP Green Engineering IPO opens on Mar 15, 2024, while Pratham EPC Projects IPO opens on Mar 11, 2024. The closing date of KP Green Engineering IPO and Pratham EPC Projects IPO is Mar 19, 2024, and Mar 13, 2024, respectively.

	KP Green Engineering IPO	Pratham EPC Projects IPO
Anchor Bid Date	Mar 13, 2024	Mar 07, 2024
Issue Open	Mar 15, 2024	Mar 11, 2024
Issue Close	Mar 19, 2024	Mar 13, 2024
Basis Of Allotment (Tentative)	Mar 20, 2024	Mar 14, 2024
Initiation of Refunds (Tentative)	Mar 21, 2024	Mar 15, 2024
Credit of Share (Tentative)	Mar 21, 2024	Mar 15, 2024
Listing date (Tentative)	Mar 22, 2024	Mar 18, 2024
Anchor Lockin End date 1	Apr 19, 2024	Apr 13, 2024
Anchor Lockin End date 2	Jun 18, 2024	Jun 12, 2024

Financials

KP Green Engineering IPO P/E ratio is 42.8, as compared to Pratham EPC Projects IPO P/E ratio of 12.72.

KP Green Engineering IPO

Pratham EPC Projects IPO

Financial

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

Pratham EPC Projects Limited Financial Information (Restated Standalone)

Pratham EPC Projects Limited's revenue increased by 2.07% and profit after tax (PAT) rose by 73.14% 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	4,643.75	4,849.75	2,850.17	2,041.93
Revenue	3,581.37	5,167.29	5,062.66	3,085.03
Profit After Tax	523.41	764.12	441.32	112.85
Net Worth	2,321.26	1,797.86	1,033.73	592.41
Reserves and Surplus	1,025.26	1,716.86	952.73	511.41
Total Borrowing	952.27	1,418.83	246.26	199.48
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.37%

100.00%

Promoter Shareholding (Post-Issue)

66.59%

72.97%

P/E Ratio

42.8

12.72

Market Cap

₹720.00 Cr.

₹133.20 Cr.

ROE

29.24%%

45.10%

ROCE

23.05%%

24.81%

Debt/Equity

1.11

EPS

₹3.36

₹5.90

RoNW

25.51%%

22.55%

Shares Offered

In the KP Green Engineering IPO retail investors (RII) are offered 43,76,000 shares while in Pratham EPC Projects IPO retail investors are offered 43,76,000 shares. Qualified institutional buyers (QIB) are offered 25,00,000 shares in KP Green Engineering IPO and 9,12,000 shares in Pratham EPC Projects IPO.

	KP Green Engineering IPO	Pratham EPC Projects IPO
Anchor Investor Reserveration	37,50,000 shares	13,66,400 shares
Market Maker Reserveration	6,58,000 shares	2,40,000 shares
QIB	25,00,000 shares	9,12,000 shares
NII	18,76,000 shares	6,84,800 shares
RII	43,76,000 shares	15,96,800 shares
Employee	0 shares	0 shares
Others
Total	87,52,000 shares	31,93,600 shares

Bids Received (Subscription)

KP Green Engineering IPO subscribed 29.50x in total, whereas Pratham EPC Projects IPO subscribed 178.54x.

	KP Green Engineering IPO	Pratham EPC Projects IPO
QIB (times)	31.86x	70.28x
NII (times)	48.23x	320.53x
Big NII (times)
Small NII (times)
RII (times)	20.12x	179.48x
Employee (times)
Other (times)
Total (times)	29.50x	178.54x

Compare with others

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

Comments

Add a public comment...