Krishca Strapping Solutions IPO vs Pattech Fitwell Tube Components IPO

Comparision between Krishca Strapping Solutions IPO and Pattech Fitwell Tube Components IPO.

IPO Details

Krishca Strapping Solutions IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Pattech Fitwell Tube Components IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Krishca Strapping Solutions IPO	Pattech Fitwell Tube Components IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Share India Capital Services Private Limited	Fedex Securities�Pvt Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Share India Securities Limited	Pure 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 Krishca Strapping Solutions IPO is up to ₹17.93 Cr whereas the issue size of the Pattech Fitwell Tube Components IPO is up to ₹12.00 Cr. The final issue price of Krishca Strapping Solutions IPO is ₹54.00 per share and of Pattech Fitwell Tube Components IPO is ₹50.00 per share.

	Krishca Strapping Solutions IPO	Pattech Fitwell Tube Components 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)	₹54.00 per share	₹50.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	33,20,000 shares	24,00,000 shares
Fresh Issue Size (Amount)	up to ₹17.93 Cr	up to ₹12.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	33,20,000 shares	24,00,000 shares
Issue Size Total (Amount)	up to ₹17.93 Cr	up to ₹12.00 Cr

IPO Timetable

Krishca Strapping Solutions IPO opens on May 16, 2023, while Pattech Fitwell Tube Components IPO opens on Apr 05, 2023. The closing date of Krishca Strapping Solutions IPO and Pattech Fitwell Tube Components IPO is May 19, 2023, and Apr 12, 2023, respectively.

	Krishca Strapping Solutions IPO	Pattech Fitwell Tube Components IPO
Anchor Bid Date
Issue Open	May 16, 2023	Apr 05, 2023
Issue Close	May 19, 2023	Apr 12, 2023
Basis Of Allotment (Tentative)	May 24, 2023	Apr 18, 2023
Initiation of Refunds (Tentative)	May 25, 2023	Apr 19, 2023
Credit of Share (Tentative)	May 26, 2023	Apr 20, 2023
Listing date (Tentative)	May 26, 2023	Apr 21, 2023
Anchor Lockin End date 1	Jun 23, 2023	May 18, 2023
Anchor Lockin End date 2	Aug 22, 2023	Jul 17, 2023

Financials

Krishca Strapping Solutions IPO P/E ratio is 3.43, as compared to Pattech Fitwell Tube Components IPO P/E ratio of 46.73.

Krishca Strapping Solutions IPO

Pattech Fitwell Tube Components IPO

Financial

Krishca Strapping Solutions Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	915.75	98.15	-223.92	64.34	-237.02	827.36
31-Mar-21	1,292.02	971.05	-67.25	-120.28	-421.64	1,337.48
31-Mar-22	1,544.00	1,871.71	150.54	159.51	-340.49	939.28
15-Feb-23	2,696.96	6,351.23	785.75	945.26	445.26	1,193.01
Amount in ₹ Lakhs

Pattech Fitwell Tube Components Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,155.69	2,038.99	7.74	190.05	0.00	867.72
31-Mar-21	1,386.66	1,844.93	-1.16	321.11	0.00	976.32
31-Mar-22	2,530.38	2,262.87	144.45	563.06	0.00	1,663.56
21-Aug-22	2,572.07	968.72	34.76	569.71	0.00	1,456.31
30-Nov-22	2,661.01	1,137.66	19.69	529.11	19.69	1,745.92
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.34%

100.00%

Promoter Shareholding (Post-Issue)

62.6%

69.06%

P/E Ratio

3.43

46.73

Market Cap

₹65.18 Cr.

₹38.79 Cr.

ROE

25.66%%

ROCE

11.00%%

Debt/Equity

EPS

₹15.71

RoNW

0.83%%

Shares Offered

In the Krishca Strapping Solutions IPO retail investors (RII) are offered 8,45,600 shares while in Pattech Fitwell Tube Components IPO retail investors are offered 8,45,600 shares. Qualified institutional buyers (QIB) are offered 12,08,000 shares in Krishca Strapping Solutions IPO and 0 shares in Pattech Fitwell Tube Components IPO.

	Krishca Strapping Solutions IPO	Pattech Fitwell Tube Components IPO
Anchor Investor Reserveration	9,04,000 shares
Market Maker Reserveration	3,00,000 shares	1,26,000 shares
QIB	12,08,000 shares	0 shares
NII	3,62,400 shares	12,00,000 shares
RII	8,45,600 shares	12,00,000 shares
Employee	0 shares	0 shares
Others
Total	24,16,000 shares	24,00,000 shares

Bids Received (Subscription)

Krishca Strapping Solutions IPO subscribed 336.57x in total, whereas Pattech Fitwell Tube Components IPO subscribed 1.97x.

	Krishca Strapping Solutions IPO	Pattech Fitwell Tube Components IPO
QIB (times)	36.10x
NII (times)	786.89x	2.05x
Big NII (times)
Small NII (times)
RII (times)	572.83x	1.90x
Employee (times)
Other (times)
Total (times)	336.57x	1.97x

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Pattech Fitwell Tube Components IPO	Infinium Pharmachem IPO

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