KPI Global IPO vs Surani Steel IPO

Comparision between KPI Global IPO and Surani Steel IPO.

IPO Details

KPI Global IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Surani Steel IPO is a SME Book Built Issue proposed to list at NSE SME.

	KPI Global IPO	Surani Steel IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Vivro Financial Services Private Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of KPI Global IPO is up to ₹39.94 Cr whereas the issue size of the Surani Steel IPO is up to ₹12.92 Cr. The final issue price of KPI Global IPO is ₹80.00 per share and of Surani Steel IPO is ₹52.00 per share.

	KPI Global IPO	Surani Steel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹51.00 per share
Issue Price (Upper)		₹52.00 per share
Issue Price (Final)	₹80.00 per share	₹52.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size		24,84,000 shares
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,92,000 shares	24,84,000 shares
Issue Size Total (Amount)	up to ₹39.94 Cr	up to ₹12.92 Cr

IPO Timetable

KPI Global IPO opens on Jan 08, 2019, while Surani Steel IPO opens on Jan 25, 2019. The closing date of KPI Global IPO and Surani Steel IPO is Jan 11, 2019, and Jan 29, 2019, respectively.

	KPI Global IPO	Surani Steel IPO
Anchor Bid Date
Issue Open	Jan 08, 2019	Jan 25, 2019
Issue Close	Jan 11, 2019	Jan 29, 2019
Basis Of Allotment (Tentative)	Jan 17, 2019
Initiation of Refunds (Tentative)	Jan 18, 2019
Credit of Share (Tentative)	Jan 21, 2019
Listing date (Tentative)	Jan 22, 2019
Anchor Lockin End date 1	Feb 16, 2019
Anchor Lockin End date 2	Apr 17, 2019

Financials

KPI Global IPO P/E ratio is , as compared to Surani Steel IPO P/E ratio of .

KPI Global IPO

Surani Steel IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	12,182.45	11,844.61	8,279.57	5,357.97
Total Revenue	1,820.80	3,158.28	2,602.09	2,751.12
Profit After Tax	387.17	1,140.92	812.49	767.97

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,528.36	2,836.35	2,298.30	1,594.83	1,541.34
Total Revenue	10,079.72	7,670.08	6,845.89	5,814.16	3,599.92
Profit After Tax	172.44	99.90	109.60	16.25	(2.99)

Promoter Shareholding (Pre-Issue)

70.61%

20,95,000 Shares (36.12%)

Promoter Shareholding (Post-Issue)

51.10%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the KPI Global IPO retail investors (RII) are offered 23,71,200 shares while in Surani Steel IPO retail investors are offered 23,71,200 shares. Qualified institutional buyers (QIB) are offered in KPI Global IPO and in Surani Steel IPO.

	KPI Global IPO	Surani Steel IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,49,600 shares	1,26,000 shares
QIB
NII	23,71,200 shares	12,42,000 shares
RII	23,71,200 shares	12,42,000 shares
Employee
Others
Total	47,42,400 shares	23,58,000 shares

Bids Received (Subscription)

KPI Global IPO subscribed 11.50x in total, whereas Surani Steel IPO subscribed 1.55x.

	KPI Global IPO	Surani Steel IPO
QIB (times)
NII (times)	12.42x	1.70x
Big NII (times)
Small NII (times)
RII (times)	10.24x	1.23x
Employee (times)
Other (times)
Total (times)	11.50x	1.55x

Compare with others

KPI Global IPO	Surani Steel IPO
Jonjua Overseas IPO	Aartech Solonics IPO
Anmol India IPO	Jonjua Overseas IPO
Kranti Industries IPO	Anmol India IPO
Ritco Logistics IPO	Kranti Industries IPO
Surani Steel IPO	Ritco Logistics IPO
Axita Cotton IPO	KPI Global IPO
SR Dye-Chem IPO	Axita Cotton IPO
Diksha Greens IPO	SR Dye-Chem IPO
Agarwal Packers and Movers IPO	Diksha Greens IPO
Shree Krishna Infrastructure IPO	Agarwal Packers and Movers IPO

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