KP Green Engineering IPO vs Vishwas Agri Seeds IPO

Comparision between KP Green Engineering IPO and Vishwas Agri Seeds IPO.

IPO Details

KP Green Engineering IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Vishwas Agri Seeds IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	KP Green Engineering IPO	Vishwas Agri Seeds IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Isk Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Sunflower Broking 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 KP Green Engineering IPO is up to ₹189.50 Cr whereas the issue size of the Vishwas Agri Seeds IPO is up to ₹25.80 Cr. The final issue price of KP Green Engineering IPO is ₹144.00 per share and of Vishwas Agri Seeds IPO is ₹86.00 per share.

	KP Green Engineering IPO	Vishwas Agri Seeds IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹137.00 per share
Issue Price (Upper)	₹144.00 per share
Issue Price (Final)	₹144.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	1,31,60,000 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹189.50 Cr	up to ₹25.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,31,60,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹189.50 Cr	up to ₹25.80 Cr

IPO Timetable

KP Green Engineering IPO opens on Mar 15, 2024, while Vishwas Agri Seeds IPO opens on Mar 21, 2024. The closing date of KP Green Engineering IPO and Vishwas Agri Seeds IPO is Mar 19, 2024, and Mar 26, 2024, respectively.

	KP Green Engineering IPO	Vishwas Agri Seeds IPO
Anchor Bid Date	Mar 13, 2024
Issue Open	Mar 15, 2024	Mar 21, 2024
Issue Close	Mar 19, 2024	Mar 26, 2024
Basis Of Allotment (Tentative)	Mar 20, 2024	Mar 27, 2024
Initiation of Refunds (Tentative)	Mar 21, 2024	Mar 28, 2024
Credit of Share (Tentative)	Mar 21, 2024	Mar 28, 2024
Listing date (Tentative)	Mar 22, 2024	Apr 01, 2024
Anchor Lockin End date 1	Apr 19, 2024
Anchor Lockin End date 2	Jun 18, 2024

Financials

KP Green Engineering IPO P/E ratio is 42.8, as compared to Vishwas Agri Seeds IPO P/E ratio of 5.06.

KP Green Engineering IPO

Vishwas Agri Seeds IPO

Financial

KP Green Engineering Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	13,635.62	9,506.65
Revenue	10,413.64	11,478.50
Profit After Tax	1,126.64	1,239.45
Reserves and Surplus	2,624.03	3,177.38
Amount in ₹ Lakhs

Vishwas Agri Seeds Limited Financial Information (Restated Standalone)

Vishwas Agri Seeds Limited's revenue increased by 0.72% and profit after tax (PAT) rose by 115.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,071.95	5,351.89	3,362.93	2,095.59
Revenue	4,247.49	6,532.18	6,485.80	5,382.66
Profit After Tax	451.01	534.14	247.94	116.30
Net Worth	1,883.90	1,432.89	478.75	200.81
Reserves and Surplus	1,183.90	732.89	398.75	150.81
Total Borrowing	2,862.87	1,877.88	1,697.17	1,275.08
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.37%

100.00%

Promoter Shareholding (Post-Issue)

66.59%

70.00%

P/E Ratio

42.8

5.06

Market Cap

₹720.00 Cr.

₹86.00 Cr.

ROE

29.24%%

27.20%%

ROCE

23.05%%

14.60%%

Debt/Equity

1.11

EPS

₹3.36

₹16.98

RoNW

25.51%%

23.94%%

Shares Offered

In the KP Green Engineering IPO retail investors (RII) are offered 43,76,000 shares while in Vishwas Agri Seeds IPO retail investors are offered 43,76,000 shares. Qualified institutional buyers (QIB) are offered 25,00,000 shares in KP Green Engineering IPO and 0 shares in Vishwas Agri Seeds IPO.

	KP Green Engineering IPO	Vishwas Agri Seeds IPO
Anchor Investor Reserveration	37,50,000 shares
Market Maker Reserveration	6,58,000 shares	1,52,000 shares
QIB	25,00,000 shares	0 shares
NII	18,76,000 shares	14,24,000 shares
RII	43,76,000 shares	14,24,000 shares
Employee	0 shares	0 shares
Others
Total	87,52,000 shares	28,48,000 shares

Bids Received (Subscription)

KP Green Engineering IPO subscribed 29.50x in total, whereas Vishwas Agri Seeds IPO subscribed 12.21x.

	KP Green Engineering IPO	Vishwas Agri Seeds IPO
QIB (times)	31.86x
NII (times)	48.23x	12.80x
Big NII (times)
Small NII (times)
RII (times)	20.12x	11.57x
Employee (times)
Other (times)
Total (times)	29.50x	12.21x

Compare with others

KP Green Engineering IPO	Vishwas Agri Seeds IPO
Omfurn India FPO	Aspire & Innovative IPO
Vishwas Agri Seeds IPO	Blue Pebble IPO
Chatha Foods IPO	Vruddhi Engineering Works IPO
Enser Communications IPO	Naman In-Store (India) IPO
Enfuse Solutions IPO	Omfurn India FPO
Royal Sense IPO	Chatha Foods IPO
AVP Infracon IPO	Enser Communications IPO
Signoria Creation IPO	Enfuse Solutions IPO
Pratham EPC Projects IPO	KP Green Engineering IPO
Koura Fine Diamond Jewelry IPO	Royal Sense IPO

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