IBL Finance IPO vs Konstelec Engineers IPO

Comparision between IBL Finance IPO and Konstelec Engineers IPO.

IPO Details

IBL Finance IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Konstelec Engineers IPO is a SME Book Built Issue proposed to list at NSE SME.

	IBL Finance IPO	Konstelec Engineers 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	Fedex Securities Pvt Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Market-Hub Stock Broking Private 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 IBL Finance IPO is up to ₹33.41 Cr whereas the issue size of the Konstelec Engineers IPO is up to ₹28.70 Cr. The final issue price of IBL Finance IPO is ₹51.00 per share and of Konstelec Engineers IPO is ₹70.00 per share.

	IBL Finance IPO	Konstelec Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹66.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹51.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	65,50,000 shares	41,00,000 shares
Fresh Issue Size (Amount)	up to ₹33.41 Cr	up to ₹28.70 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	65,50,000 shares	41,00,000 shares
Issue Size Total (Amount)	up to ₹33.41 Cr	up to ₹28.70 Cr

IPO Timetable

IBL Finance IPO opens on Jan 09, 2024, while Konstelec Engineers IPO opens on Jan 19, 2024. The closing date of IBL Finance IPO and Konstelec Engineers IPO is Jan 11, 2024, and Jan 24, 2024, respectively.

	IBL Finance IPO	Konstelec Engineers IPO
Anchor Bid Date		Jan 18, 2024
Issue Open	Jan 09, 2024	Jan 19, 2024
Issue Close	Jan 11, 2024	Jan 24, 2024
Basis Of Allotment (Tentative)	Jan 12, 2024	Jan 25, 2024
Initiation of Refunds (Tentative)	Jan 15, 2024	Jan 29, 2024
Credit of Share (Tentative)	Jan 15, 2024	Jan 29, 2024
Listing date (Tentative)	Jan 16, 2024	Jan 30, 2024
Anchor Lockin End date 1	Feb 11, 2024	Feb 24, 2024
Anchor Lockin End date 2	Apr 11, 2024	Apr 24, 2024

Financials

IBL Finance IPO P/E ratio is 48.08, as compared to Konstelec Engineers IPO P/E ratio of 9.9.

IBL Finance IPO

Konstelec Engineers IPO

Financial

IBL Finance Limited Financial Information (Restated)

IBL Finance Limited's revenue increased by 307.59% and profit after tax (PAT) rose by 351.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,317.60	2,218.11	1,022.85	339.10
Revenue	492.58	1,333.13	327.08	112.59
Profit After Tax	120.60	192.83	42.73	-9.88
Net Worth	2,169.34	2,048.74	355.47	312.73
Reserves and Surplus	351.27	1,139.71	29.47	-13.27
Total Borrowing	7.51	9.12	640.58
Amount in ₹ Lakhs

Konstelec Engineers Limited Financial Information (Restated Consolidated)

Konstelec Engineers Limited's revenue increased by 42.17% and profit after tax (PAT) rose by 120.8% 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	16,223.23	14,612.99	11,884.44	10,364.02
Revenue	9,434.05	15,500.05	10,902.31	10,617.16
Profit After Tax	456.16	777.77	352.25	190.34
Net Worth	6,647.68	6,191.50	5,423.73	5,071.48
Reserves and Surplus	5,547.68	6,091.50	5,323.73	4,971.48
Total Borrowing	4,109.45	3,507.15	2,650.59	2,548.12
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

85.55%

91.65%

Promoter Shareholding (Post-Issue)

62.89%

66.77%

P/E Ratio

48.08

9.9

Market Cap

₹126.13 Cr.

₹105.70 Cr.

ROE

9.41%%

13.39%%

ROCE

18.88%%

16.81%%

Debt/Equity

0.57

EPS

₹1.06

₹7.07

RoNW

9.41%%

12.56%%

Shares Offered

In the IBL Finance IPO retail investors (RII) are offered 31,10,000 shares while in Konstelec Engineers IPO retail investors are offered 31,10,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in IBL Finance IPO and 7,78,000 shares in Konstelec Engineers IPO.

	IBL Finance IPO	Konstelec Engineers IPO
Anchor Investor Reserveration		11,66,000 shares
Market Maker Reserveration	3,30,000 shares	2,06,000 shares
QIB	0 shares	7,78,000 shares
NII	31,10,000 shares	5,86,000 shares
RII	31,10,000 shares	13,64,000 shares
Employee	0 shares	0 shares
Others
Total	62,20,000 shares	27,28,000 shares

Bids Received (Subscription)

IBL Finance IPO subscribed 17.00x in total, whereas Konstelec Engineers IPO subscribed 341.80x.

	IBL Finance IPO	Konstelec Engineers IPO
QIB (times)		113.80x
NII (times)	9.94x	421.36x
Big NII (times)
Small NII (times)
RII (times)	24.03x	437.67x
Employee (times)
Other (times)
Total (times)	17.00x	341.80x

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MCPL IPO	IBL Finance IPO

1 Comments

1. Sekar r

| Link|January 10, 2024 4:37:07 PMReply

It looks Jyoti ipo seems to be safe for retail investors