Krishca Strapping Solutions IPO vs Remus Pharmaceuticals IPO

Comparision between Krishca Strapping Solutions IPO and Remus Pharmaceuticals IPO.

IPO Details

Krishca Strapping Solutions IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Remus Pharmaceuticals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Krishca Strapping Solutions IPO	Remus Pharmaceuticals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Share India Capital Services Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Link Intime India Private Ltd
Market Maker	Share India Securities 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 Krishca Strapping Solutions IPO is up to ₹17.93 Cr whereas the issue size of the Remus Pharmaceuticals IPO is up to ₹47.69 Cr. The final issue price of Krishca Strapping Solutions IPO is ₹54.00 per share and of Remus Pharmaceuticals IPO is ₹1,229.00 per share.

	Krishca Strapping Solutions IPO	Remus Pharmaceuticals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹1,150.00 per share
Issue Price (Upper)	₹54.00 per share	₹1,229.00 per share
Issue Price (Final)	₹54.00 per share	₹1,229.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	100 shares
Fresh Issue Size	33,20,000 shares	3,88,000 shares
Fresh Issue Size (Amount)	up to ₹17.93 Cr	up to ₹47.69 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	33,20,000 shares	3,88,000 shares
Issue Size Total (Amount)	up to ₹17.93 Cr	up to ₹47.69 Cr

IPO Timetable

Krishca Strapping Solutions IPO opens on May 16, 2023, while Remus Pharmaceuticals IPO opens on May 17, 2023. The closing date of Krishca Strapping Solutions IPO and Remus Pharmaceuticals IPO is May 19, 2023, and May 19, 2023, respectively.

	Krishca Strapping Solutions IPO	Remus Pharmaceuticals IPO
Anchor Bid Date		May 16, 2023
Issue Open	May 16, 2023	May 17, 2023
Issue Close	May 19, 2023	May 19, 2023
Basis Of Allotment (Tentative)	May 24, 2023	May 24, 2023
Initiation of Refunds (Tentative)	May 25, 2023	May 25, 2023
Credit of Share (Tentative)	May 26, 2023	May 26, 2023
Listing date (Tentative)	May 26, 2023	May 29, 2023
Anchor Lockin End date 1	Jun 23, 2023	Jun 23, 2023
Anchor Lockin End date 2	Aug 22, 2023	Aug 22, 2023

Financials

Krishca Strapping Solutions IPO P/E ratio is 3.43, as compared to Remus Pharmaceuticals IPO P/E ratio of 21.09.

Krishca Strapping Solutions IPO

Remus Pharmaceuticals 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

Remus Pharmaceuticals Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	530.36	1,276.89	81.16	202.03	201.03	35.93
31-Mar-21	1,104.96	1,922.45	102.58	304.61	303.61	27.89
31-Mar-22	1,590.93	2,543.71	338.57	643.17	543.17	19.17
31-Dec-22	3,352.96	3,361.20	643.90	1,712.07	1,603.57	947.45
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.34%

92.82%

Promoter Shareholding (Post-Issue)

62.6%

68.37%

P/E Ratio

3.43

21.09

Market Cap

₹65.18 Cr.

₹181.03 Cr.

ROE

71.44%%

ROCE

69.99%%

Debt/Equity

0.03

EPS

₹15.71

₹33.86

RoNW

0.83%%

52.64%%

Shares Offered

In the Krishca Strapping Solutions IPO retail investors (RII) are offered 8,45,600 shares while in Remus Pharmaceuticals 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 1,38,750 shares in Remus Pharmaceuticals IPO.

	Krishca Strapping Solutions IPO	Remus Pharmaceuticals IPO
Anchor Investor Reserveration	9,04,000 shares	1,10,500 shares
Market Maker Reserveration	3,00,000 shares	19,500 shares
QIB	12,08,000 shares	1,38,750 shares
NII	3,62,400 shares	41,625 shares
RII	8,45,600 shares	97,125 shares
Employee	0 shares	0 shares
Others
Total	24,16,000 shares	2,77,500 shares

Bids Received (Subscription)

Krishca Strapping Solutions IPO subscribed 336.57x in total, whereas Remus Pharmaceuticals IPO subscribed 57.21x.

	Krishca Strapping Solutions IPO	Remus Pharmaceuticals IPO
QIB (times)	36.10x	10.75x
NII (times)	786.89x	229.31x
Big NII (times)
Small NII (times)
RII (times)	572.83x	49.81x
Employee (times)
Other (times)
Total (times)	336.57x	57.21x

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