Kontor Space IPO vs Rajgor Castor Derivatives IPO

Comparision between Kontor Space IPO and Rajgor Castor Derivatives IPO.

IPO Details

Kontor Space IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rajgor Castor Derivatives IPO is a SME Book Built Issue proposed to list at NSE SME.

	Kontor Space IPO	Rajgor Castor Derivatives IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Srujan Alpha Capital Advisors Llp	Beeline Capital Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Link Intime India Private Ltd
Market Maker	Rikhav Securities Limited	Spread X Securities 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 Kontor Space IPO is up to ₹15.62 Cr whereas the issue size of the Rajgor Castor Derivatives IPO is up to ₹47.81 Cr. The final issue price of Kontor Space IPO is ₹93.00 per share and of Rajgor Castor Derivatives IPO is ₹50.00 per share.

	Kontor Space IPO	Rajgor Castor Derivatives IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹47.00 per share
Issue Price (Upper)		₹50.00 per share
Issue Price (Final)	₹93.00 per share	₹50.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	16,80,000 shares	88,95,000 shares
Fresh Issue Size (Amount)	up to ₹15.62 Cr	up to ₹44.48 Cr
OFS Issue Size		6,66,000 shares
OFS Issue Size (Amount)		up to ₹3.33 Cr
Issue Size Total	16,80,000 shares	95,61,000 shares
Issue Size Total (Amount)	up to ₹15.62 Cr	up to ₹47.81 Cr

IPO Timetable

Kontor Space IPO opens on Sep 27, 2023, while Rajgor Castor Derivatives IPO opens on Oct 17, 2023. The closing date of Kontor Space IPO and Rajgor Castor Derivatives IPO is Oct 03, 2023, and Oct 20, 2023, respectively.

	Kontor Space IPO	Rajgor Castor Derivatives IPO
Anchor Bid Date		Oct 16, 2023
Issue Open	Sep 27, 2023	Oct 17, 2023
Issue Close	Oct 03, 2023	Oct 20, 2023
Basis Of Allotment (Tentative)	Oct 05, 2023	Oct 26, 2023
Initiation of Refunds (Tentative)	Oct 06, 2023	Oct 27, 2023
Credit of Share (Tentative)	Oct 09, 2023	Oct 30, 2023
Listing date (Tentative)	Oct 10, 2023	Oct 31, 2023
Anchor Lockin End date 1	Nov 04, 2023	Nov 25, 2023
Anchor Lockin End date 2	Jan 03, 2024	Jan 24, 2024

Financials

Kontor Space IPO P/E ratio is 22.27, as compared to Rajgor Castor Derivatives IPO P/E ratio of 1.66.

Kontor Space IPO

Rajgor Castor Derivatives IPO

Financial

Kontor Space IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	535.84	580.82	1,295.31
Revenue	390.24	403.75	917.84
Profit After Tax	-61.75	30.44	187.88
Net Worth	44.87	75.31	464.67
Reserves and Surplus	-155.13	-124.69	64.67
Total Borrowing	203.75	210.32	552.79

Amount in ₹ Lakhs

Rajgor Castor Derivatives Limited Financial Information (Restated)

Rajgor Castor Derivatives Limited's revenue increased by 948.26% and profit after tax (PAT) rose by 962.41% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021	31 Mar 2020
Assets	9,847.95	7,782.64	3,753.42	2,578.48	2,645.34
Revenue	11,276.10	42,887.35	4,091.30	1,100.69	1,497.33
Profit After Tax	192.57	554.47	52.19	-180.18	-97.02
Net Worth	2,558.24	2,365.55	201.90	149.71
Reserves and Surplus	2,343.54	2,150.97	190.12	137.93	318.12
Total Borrowing	5,178.96	4,450.93	1,809.51	2,286.28
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.20%

100%

Promoter Shareholding (Post-Issue)

P/E Ratio

22.27

1.66

Market Cap

₹57.47 Cr.

₹119.58 Cr.

ROE

40.82%%

43.19%%

ROCE

31.19%%

22.97%%

Debt/Equity

1.19

1.88

EPS

₹9.46

₹30.06

RoNW

40.82%%

23.44%%

Shares Offered

In the Kontor Space IPO retail investors (RII) are offered 7,96,800 shares while in Rajgor Castor Derivatives IPO retail investors are offered 7,96,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kontor Space IPO and 17,22,000 shares in Rajgor Castor Derivatives IPO.

	Kontor Space IPO	Rajgor Castor Derivatives IPO
Anchor Investor Reserveration		27,12,000 shares
Market Maker Reserveration	86,400 shares	5,01,000 shares
QIB	0 shares	17,22,000 shares
NII	7,96,800 shares	13,62,000 shares
RII	7,96,800 shares	31,42,000 shares
Employee	0 shares	0 shares
Others
Total	15,93,600 shares	62,26,000 shares

Bids Received (Subscription)

Kontor Space IPO subscribed 70.97x in total, whereas Rajgor Castor Derivatives IPO subscribed 107.43x.

	Kontor Space IPO	Rajgor Castor Derivatives IPO
QIB (times)		35.52x
NII (times)	41.87x	260.01x
Big NII (times)
Small NII (times)
RII (times)	95.49x	80.70x
Employee (times)
Other (times)
Total (times)	70.97x	107.43x

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