Kaka Industries IPO vs Tridhya Tech IPO

Comparision between Kaka Industries IPO and Tridhya Tech IPO.

IPO Details

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

	Kaka Industries IPO	Tridhya Tech 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	Interactive Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Hem Finlease Private Limited	Econo 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 Tridhya Tech IPO is up to ₹26.41 Cr. The final issue price of Kaka Industries IPO is ₹58.00 per share and of Tridhya Tech IPO is ₹42.00 per share.

	Kaka Industries IPO	Tridhya Tech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹55.00 per share	₹35.00 per share
Issue Price (Upper)	₹58.00 per share	₹42.00 per share
Issue Price (Final)	₹58.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	36,60,000 shares	62,88,000 shares
Fresh Issue Size (Amount)	up to ₹21.23 Cr	up to ₹26.41 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,60,000 shares	62,88,000 shares
Issue Size Total (Amount)	up to ₹21.23 Cr	up to ₹26.41 Cr

IPO Timetable

Kaka Industries IPO opens on Jul 10, 2023, while Tridhya Tech IPO opens on Jun 30, 2023. The closing date of Kaka Industries IPO and Tridhya Tech IPO is Jul 12, 2023, and Jul 05, 2023, respectively.

	Kaka Industries IPO	Tridhya Tech IPO
Anchor Bid Date		Jun 27, 2023
Issue Open	Jul 10, 2023	Jun 30, 2023
Issue Close	Jul 12, 2023	Jul 05, 2023
Basis Of Allotment (Tentative)	Jul 17, 2023	Jul 10, 2023
Initiation of Refunds (Tentative)	Jul 18, 2023	Jul 11, 2023
Credit of Share (Tentative)	Jul 19, 2023	Jul 12, 2023
Listing date (Tentative)	Jul 19, 2023	Jul 13, 2023
Anchor Lockin End date 1	Aug 16, 2023	Aug 09, 2023
Anchor Lockin End date 2	Oct 15, 2023	Oct 08, 2023

Financials

Kaka Industries IPO P/E ratio is 11.03, as compared to Tridhya Tech IPO P/E ratio of 26.09.

Kaka Industries IPO

Tridhya Tech 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

Tridhya Tech Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-22	2,548.77	1,407.48	339.46	1,457.98	1,309.84	705.46
31-Dec-22	5,969.66	1,507.92	284.97	2,030.66	1,860.35	3,090.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.32%

80.8%

Promoter Shareholding (Post-Issue)

69.78%

58.98%

P/E Ratio

11.03

26.09

Market Cap

₹79.23 Cr.

₹97.81 Cr.

ROE

44.93%%

2.85%%

ROCE

20.83%%

9.69%%

Debt/Equity

2.05

1.23

EPS

₹7.19

₹44.44

RoNW

36.72%%

65.52%%

Shares Offered

In the Kaka Industries IPO retail investors (RII) are offered 12,14,000 shares while in Tridhya Tech IPO retail investors are offered 12,14,000 shares. Qualified institutional buyers (QIB) are offered 6,94,000 shares in Kaka Industries IPO and 15,54,000 shares in Tridhya Tech IPO.

	Kaka Industries IPO	Tridhya Tech IPO
Anchor Investor Reserveration	10,38,000 shares	14,31,000 shares
Market Maker Reserveration	1,92,000 shares	3,15,000 shares
QIB	6,94,000 shares	15,54,000 shares
NII	5,22,000 shares	8,97,450 shares
RII	12,14,000 shares	20,90,550 shares
Employee	0 shares	0 shares
Others
Total	24,30,000 shares	45,42,000 shares

Bids Received (Subscription)

Kaka Industries IPO subscribed 292.66x in total, whereas Tridhya Tech IPO subscribed 72.38x.

	Kaka Industries IPO	Tridhya Tech IPO
QIB (times)	72.13x	15.62x
NII (times)	431.85x	181.72x
Big NII (times)
Small NII (times)
RII (times)	358.88x	67.62x
Employee (times)
Other (times)
Total (times)	292.66x	72.38x

Compare with others

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

Comments

Add a public comment...