Kshitij Polyline IPO vs Synergy Green IPO

Comparision between Kshitij Polyline IPO and Synergy Green IPO.

IPO Details

Kshitij Polyline IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Synergy Green IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Kshitij Polyline IPO	Synergy Green IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Monarch Networth Capital Ltd	Swastika Investmart Ltd
Registrar	Kfin Technologies Limited	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 Kshitij Polyline IPO is up to ₹8.75 Cr whereas the issue size of the Synergy Green IPO is up to ₹26.46 Cr. The final issue price of Kshitij Polyline IPO is ₹35.00 per share and of Synergy Green IPO is ₹70.00 per share.

	Kshitij Polyline IPO	Synergy Green IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹35.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	25,00,000 shares	37,80,000 shares
Issue Size Total (Amount)	up to ₹8.75 Cr	up to ₹26.46 Cr

IPO Timetable

Kshitij Polyline IPO opens on Sep 21, 2018, while Synergy Green IPO opens on Sep 04, 2018. The closing date of Kshitij Polyline IPO and Synergy Green IPO is Sep 27, 2018, and Sep 11, 2018, respectively.

	Kshitij Polyline IPO	Synergy Green IPO
Anchor Bid Date
Issue Open	Sep 21, 2018	Sep 04, 2018
Issue Close	Sep 27, 2018	Sep 11, 2018
Basis Of Allotment (Tentative)	Oct 03, 2018
Initiation of Refunds (Tentative)	Oct 04, 2018
Credit of Share (Tentative)	Oct 05, 2018
Listing date (Tentative)	Oct 08, 2018
Anchor Lockin End date 1	Nov 02, 2018
Anchor Lockin End date 2	Jan 01, 2019

Financials

Kshitij Polyline IPO P/E ratio is , as compared to Synergy Green IPO P/E ratio of .

Kshitij Polyline IPO

Synergy Green IPO

Financial

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	2,477.39	1,719.42	1,483.16	1,422.31	1,309.95
Total Revenue	2,743.25	1,701.04	1,557.20	1,239.14	1,267.65
Profit After Tax	105.62	27.78	19.94	16.27	11.45

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Dec-17	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	10,726.23	9,178.72	8,253.32	6,885.80	6,514.79	5,959.28
Total Revenue	6,640.60	12,067.19	8,259.66	6,384.93	3,723.83	954.44
Profit After Tax	214.81	485.96	155.21	(685.06)	(901.51)	(905.28)

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Kshitij Polyline IPO retail investors (RII) are offered 11,84,000 shares while in Synergy Green IPO retail investors are offered 11,84,000 shares. Qualified institutional buyers (QIB) are offered in Kshitij Polyline IPO and in Synergy Green IPO.

	Kshitij Polyline IPO	Synergy Green IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,32,000 shares	1,92,000 shares
QIB
NII	11,84,000 shares	17,94,000 shares
RII	11,84,000 shares	17,94,000 shares
Employee
Others
Total	23,68,000 shares	35,88,000 shares

Bids Received (Subscription)

Kshitij Polyline IPO subscribed 1.45x in total, whereas Synergy Green IPO subscribed 1.13x.

	Kshitij Polyline IPO	Synergy Green IPO
QIB (times)
NII (times)	1.88x	1.00x
Big NII (times)
Small NII (times)
RII (times)	1.02x	0.36x
Employee (times)
Other (times)
Total (times)	1.45x	1.13x

Compare with others

Kshitij Polyline IPO	Synergy Green IPO
A1 Acid IPO	Kshitij Polyline IPO
Innovative Ideals IPO	Spectrum Electrical IPO
Mac Hotels IPO	Ranjeet Mechatronics IPO
Sky Gold IPO	Akg Exim IPO
Manorama Industries IPO	Rajshree Polypack IPO
Spectrum Electrical IPO	Ahlada Engineers IPO
Ranjeet Mechatronics IPO	Marshall Machines IPO
Akg Exim IPO	Sumit Woods IPO
Rajshree Polypack IPO	Lagnam Spintex IPO
Synergy Green IPO	Add-Shop Promotions IPO

Comments

Add a public comment...