Kahan Packaging IPO vs Meson Valves IPO

Comparison between Kahan Packaging IPO and Meson Valves IPO.

IPO Details

Kahan Packaging IPO is a SME Fixed Price IPO proposed to list at BSE SME while Meson Valves IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Kahan Packaging IPO is up to ₹5.44 Cr whereas the issue size of the Meson Valves IPO is up to ₹29.50 Cr. The final issue price of Kahan Packaging IPO is ₹80.00 per share and of Meson Valves IPO is ₹102.00 per share.

 Kahan Packaging IPOMeson Valves IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹80.00 per share₹102.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1200 shares
Fresh Issue Size6,80,000 shares28,92,000 shares
Fresh Issue Size (Amount)up to ₹5.44 Crup to ₹29.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,80,000 shares28,92,000 shares
Issue Size Total (Amount)up to ₹5.44 Crup to ₹29.50 Cr

IPO Timetable

Kahan Packaging IPO opens on Sep 06, 2023, while Meson Valves IPO opens on Sep 08, 2023. The closing date of Kahan Packaging IPO and Meson Valves IPO is Sep 08, 2023, and Sep 12, 2023, respectively.

 Kahan Packaging IPOMeson Valves IPO
Issue OpenSep 06, 2023Sep 08, 2023
Issue CloseSep 08, 2023Sep 12, 2023
Basis Of Allotment (Tentative)Sep 13, 2023Sep 15, 2023
Initiation of Refunds (Tentative)Sep 14, 2023Sep 18, 2023
Credit of Share (Tentative)Sep 15, 2023Sep 20, 2023
Listing date (Tentative)Sep 15, 2023Sep 21, 2023

Financials & KPIs

Kahan Packaging IPO P/E ratio is 7.74, as compared to Meson Valves IPO P/E ratio of 15.47.

 Kahan Packaging IPOMeson Valves IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets14.499.758.9810.47
Total Income17.5615.9112.1313.58
Profit After Tax1.030.200.020.01
NET Worth1.730.700.500.48
Reserves and Surplus0.730.20-0.00-0.02
Total Borrowing7.746.174.424.91
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets45.0927.3921.06
Total Income37.1914.3215.42
Profit After Tax4.522.130.12
NET Worth18.502.680.55
Reserves and Surplus11.572.610.48
Total Borrowing11.249.249.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.95%46.91%
Promoter Shareholding (Post-Issue)73.49%32.83%
P/E Ratio7.7415.47
Market Cap₹21.76 Cr.₹103.63 Cr.
ROE85.28
ROCE19.77
Debt/Equity4.48
EPS₹10.34₹6.59
RoNW59.7924.46

Shares Offered

In the Kahan Packaging IPO Retail Individual Investors (RII) are offered 3,40,800 shares while in Meson Valves IPO retail investors are offered 3,40,800 shares. Qualified Institutional Buyers (QIB) are offered in Kahan Packaging IPO and in Meson Valves IPO.

 Kahan Packaging IPOMeson Valves IPO
Market Maker Reservation40,000 shares1,56,000 shares
NII3,39,200 shares14,46,000 shares
RII3,40,800 shares14,46,000 shares
Total6,80,000 shares28,92,000 shares

Bids Received (Subscription)

Kahan Packaging IPO subscribed 724.73x in total, whereas Meson Valves IPO subscribed 167.88x.

 Kahan Packaging IPOMeson Valves IPO
NII (times)405.59x132.74x
RII (times)1,042.37x203.02x
Total (times)724.73x167.88x

Compare with others

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Kahan Packaging IPO Vs Meson Valves IPO