Kaka Industries IPO vs Pentagon Rubber IPO

Comparision between Kaka Industries IPO and Pentagon Rubber IPO.

IPO Details

Kaka Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Pentagon Rubber IPO is a SME Book Built Issue proposed to list at NSE SME.

	Kaka Industries IPO	Pentagon Rubber 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	Hem Securities Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Hem Finlease Private Limited	Sunflower Broking 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 Kaka Industries IPO is up to ₹21.23 Cr whereas the issue size of the Pentagon Rubber IPO is up to ₹16.17 Cr. The final issue price of Kaka Industries IPO is ₹58.00 per share and of Pentagon Rubber IPO is ₹70.00 per share.

	Kaka Industries IPO	Pentagon Rubber IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹55.00 per share	₹65.00 per share
Issue Price (Upper)	₹58.00 per share	₹70.00 per share
Issue Price (Final)	₹58.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	36,60,000 shares	23,10,000 shares
Fresh Issue Size (Amount)	up to ₹21.23 Cr	up to ₹16.17 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,60,000 shares	23,10,000 shares
Issue Size Total (Amount)	up to ₹21.23 Cr	up to ₹16.17 Cr

IPO Timetable

Kaka Industries IPO opens on Jul 10, 2023, while Pentagon Rubber IPO opens on Jun 26, 2023. The closing date of Kaka Industries IPO and Pentagon Rubber IPO is Jul 12, 2023, and Jun 30, 2023, respectively.

	Kaka Industries IPO	Pentagon Rubber IPO
Anchor Bid Date		Jun 23, 2023
Issue Open	Jul 10, 2023	Jun 26, 2023
Issue Close	Jul 12, 2023	Jun 30, 2023
Basis Of Allotment (Tentative)	Jul 17, 2023	Jul 05, 2023
Initiation of Refunds (Tentative)	Jul 18, 2023	Jul 06, 2023
Credit of Share (Tentative)	Jul 19, 2023	Jul 07, 2023
Listing date (Tentative)	Jul 19, 2023	Jul 07, 2023
Anchor Lockin End date 1	Aug 16, 2023	Aug 04, 2023
Anchor Lockin End date 2	Oct 15, 2023	Oct 03, 2023

Financials

Kaka Industries IPO P/E ratio is 11.03, as compared to Pentagon Rubber IPO P/E ratio of 18.76.

Kaka Industries IPO

Pentagon Rubber IPO

Financial

Kaka Industries Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,190.68	4,148.74	141.14	142.14	141.14	830.50
31-Mar-21	3,568.02	7,879.00	302.51	743.65	493.65	1,999.00
31-Mar-22	4,614.76	11,709.98	497.66	1,241.31	991.31	2,735.55
31-Mar-23	6,767.00	15,887.70	718.50	1,956.88	956.88	4,013.66
Amount in ₹ Lakhs

Pentagon Rubber Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,132.82	1,939.25	93.81	135.48	-264.52	1,244.86
31-Mar-21	2,588.99	2,319.69	110.30	245.78	-154.22	1,649.42
31-Mar-22	2,802.18	3,511.59	308.66	554.43	154.43	1,758.61
31-Dec-22	2,956.70	2,997.88	215.86	770.30	230.30	1,669.79
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.32%

100%

Promoter Shareholding (Post-Issue)

69.78%

70.04%

P/E Ratio

11.03

18.76

Market Cap

₹79.23 Cr.

₹53.97 Cr.

ROE

44.93%%

32.59%%

ROCE

20.83%%

27.16%%

Debt/Equity

2.05

2.17

EPS

₹7.19

₹3.83

RoNW

36.72%%

55.67%%

Shares Offered

In the Kaka Industries IPO retail investors (RII) are offered 12,14,000 shares while in Pentagon Rubber IPO retail investors are offered 12,14,000 shares. Qualified institutional buyers (QIB) are offered 6,94,000 shares in Kaka Industries IPO and 4,38,000 shares in Pentagon Rubber IPO.

	Kaka Industries IPO	Pentagon Rubber IPO
Anchor Investor Reserveration	10,38,000 shares	6,56,000 shares
Market Maker Reserveration	1,92,000 shares	1,16,000 shares
QIB	6,94,000 shares	4,38,000 shares
NII	5,22,000 shares	3,30,000 shares
RII	12,14,000 shares	7,70,000 shares
Employee	0 shares	0 shares
Others
Total	24,30,000 shares	15,38,000 shares

Bids Received (Subscription)

Kaka Industries IPO subscribed 292.66x in total, whereas Pentagon Rubber IPO subscribed 106.20x.

	Kaka Industries IPO	Pentagon Rubber IPO
QIB (times)	72.13x	27.62x
NII (times)	431.85x	153.33x
Big NII (times)
Small NII (times)
RII (times)	358.88x	130.70x
Employee (times)
Other (times)
Total (times)	292.66x	106.20x

Compare with others

Kaka Industries IPO	Pentagon Rubber IPO
Tridhya Tech IPO	Global Pet Industries IPO
Magson IPO	Tridhya Tech IPO
Greenchef Appliances IPO	Magson IPO
Veefin Solutions IPO	Greenchef Appliances IPO
Pentagon Rubber IPO	Veefin Solutions IPO
Aatmaj Healthcare IPO	Kaka Industries IPO
Essen Speciality Films IPO	Aatmaj Healthcare IPO
Vilin Bio Med IPO	Essen Speciality Films IPO
Cell Point (India) IPO	Vilin Bio Med IPO
Bizotic Commercial IPO	Cell Point (India) IPO

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