FREE Account Opening + No Clearing Fees
Loading...

KRN Heat Exchanger IPO vs Northern Arc Capital IPO

Comparision between KRN Heat Exchanger IPO and Northern Arc Capital IPO.

IPO Details

KRN Heat Exchanger IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Northern Arc Capital IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

  KRN Heat Exchanger IPO Northern Arc Capital IPO
Logo KRN Heat Exchanger IPO Logo Northern Arc Capital IPO Logo
Issue Category Mainline Mainline
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At BSE, NSE BSE, NSE
Lead Managers Holani Consultants Private Limited ICICI Securities Limited

Axis Bank Limited

Citigroup Global Markets India Private Limited
Registrar Bigshare Services Pvt Ltd Kfin Technologies Limited
Market Maker
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of KRN Heat Exchanger IPO is whereas the issue size of the Northern Arc Capital IPO is up to ₹777.00 Cr. The final issue price of KRN Heat Exchanger IPO is and of Northern Arc Capital IPO is ₹263.00 per share.

  KRN Heat Exchanger IPO Northern Arc Capital IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹249.00 per share
Issue Price (Upper) ₹263.00 per share
Issue Price (Final) ₹263.00 per share
Discount (Retail)
Discount (Employee) ₹24.00 per share
Market Lot Size 57 shares
Fresh Issue Size 1,55,23,000 shares 1,90,11,407 shares
Fresh Issue Size (Amount) up to ₹500.00 Cr
OFS Issue Size 1,05,32,320 shares
OFS Issue Size (Amount) up to ₹277.00 Cr
Issue Size Total 1,55,23,000 shares 2,95,43,727 shares
Issue Size Total (Amount) up to ₹777.00 Cr

IPO Timetable

KRN Heat Exchanger IPO opens on Sep 25, 2024, while Northern Arc Capital IPO opens on Sep 16, 2024. The closing date of KRN Heat Exchanger IPO and Northern Arc Capital IPO is Sep 27, 2024, and Sep 19, 2024, respectively.

  KRN Heat Exchanger IPO Northern Arc Capital IPO
Anchor Bid Date Sep 24, 2024 Sep 13, 2024
Issue Open Sep 25, 2024 Sep 16, 2024
Issue Close Sep 27, 2024 Sep 19, 2024
Basis Of Allotment (Tentative) Sep 30, 2024 Sep 20, 2024
Initiation of Refunds (Tentative) Oct 01, 2024 Sep 23, 2024
Credit of Share (Tentative) Oct 01, 2024 Sep 23, 2024
Listing date (Tentative) Oct 03, 2024 Sep 24, 2024
Anchor Lockin End date 1 Oct 20, 2024
Anchor Lockin End date 2 Dec 19, 2024

Financials

KRN Heat Exchanger IPO P/E ratio is , as compared to Northern Arc Capital IPO P/E ratio of 11.78.

  KRN Heat Exchanger IPO Northern Arc Capital IPO
Financial

KRN Heat Exchanger and Refrigeration Limited Financial Information (Proforma Consolidated)

KRN Heat Exchanger and Refrigeration Limited's revenue increased by 25.47% and profit after tax (PAT) rose by 20.9% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets258.36148.7692.79
Revenue313.54249.89158.23
Profit After Tax39.0732.3110.59
Net Worth131.6559.5725.53
Total Borrowing59.6936.6422.12
Amount in ₹ Crore

Northern Arc Capital Limited Financial Information (Restated Consolidated)

Northern Arc Capital Limited's revenue increased by 45% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets11,707.669,371.577,974.12
Revenue1,906.031,311.2916.55
Profit After Tax317.69242.21181.94
Net Worth2,314.351,955.391,739.04
Reserves and Surplus2,123.371,784.221,555.3
Total Borrowing9,047.767,034.575,982.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue) 94.39%
Promoter Shareholding (Post-Issue)
P/E Ratio 11.78
Market Cap ₹4242.86 Cr.
ROE 40.86%%
ROCE 31.21%%
Debt/Equity 0.45 3.9
EPS ₹22.32
RoNW 29.68%% 13.32%%

Shares Offered

In the KRN Heat Exchanger IPO retail investors (RII) are offered while in Northern Arc Capital IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in KRN Heat Exchanger IPO and 58,01,354 shares in Northern Arc Capital IPO.

  KRN Heat Exchanger IPO Northern Arc Capital IPO
Anchor Investor Reserveration 87,02,031 shares
Market Maker Reserveration
QIB 58,01,354 shares
NII 43,51,016 shares
RII 1,01,52,384 shares
Employee 0 shares
Others
Total 2,03,04,754 shares

Bids Received (Subscription)

KRN Heat Exchanger IPO subscribed in total, whereas Northern Arc Capital IPO subscribed 3.08x.

  KRN Heat Exchanger IPO Northern Arc Capital IPO
QIB (times) 0.02x
NII (times) 4.66x
Big NII (times) 4.12x
Small NII (times) 5.73x
RII (times) 4.09x
Employee (times)
Other (times)
Total (times) 3.08x

Comments

Add a public comment...