Kesar India IPO vs Olatech Solutions IPO

Comparision between Kesar India IPO and Olatech Solutions IPO.

IPO Details

Kesar India IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Olatech Solutions IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Kesar India IPO	Olatech Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Limited Fedex Securities Pvt Ltd	Shreni Shares Limited
Registrar	Kfin Technologies Limited	Skyline Financial Services 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 Kesar India IPO is up to ₹15.82 Cr whereas the issue size of the Olatech Solutions IPO is up to ₹1.89 Cr. The final issue price of Kesar India IPO is ₹170.00 per share and of Olatech Solutions IPO is ₹27.00 per share.

	Kesar India IPO	Olatech Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹170.00 per share	₹27.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	4000 shares
Fresh Issue Size	9,30,400 shares	7,00,000 shares
Fresh Issue Size (Amount)	up to ₹15.82 Cr	up to ₹1.89 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	9,30,400 shares	7,00,000 shares
Issue Size Total (Amount)	up to ₹15.82 Cr	up to ₹1.89 Cr

IPO Timetable

Kesar India IPO opens on Jun 30, 2022, while Olatech Solutions IPO opens on Aug 12, 2022. The closing date of Kesar India IPO and Olatech Solutions IPO is Jul 04, 2022, and Aug 19, 2022, respectively.

	Kesar India IPO	Olatech Solutions IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Aug 12, 2022
Issue Close	Jul 04, 2022	Aug 19, 2022
Basis Of Allotment (Tentative)	Jul 07, 2022	Aug 24, 2022
Initiation of Refunds (Tentative)	Jul 08, 2022	Aug 25, 2022
Credit of Share (Tentative)	Jul 11, 2022	Aug 26, 2022
Listing date (Tentative)	Jul 12, 2022	Aug 29, 2022
Anchor Lockin End date 1	Aug 06, 2022	Sep 23, 2022
Anchor Lockin End date 2	Oct 05, 2022	Nov 22, 2022

Financials

Kesar India IPO P/E ratio is 13.87, as compared to Olatech Solutions IPO P/E ratio of 18.

Kesar India IPO

Olatech Solutions IPO

Financial

Kesar India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-19	220.31	18.54	0.73	-85.88
31-Mar-20	243.2	57.7	3.73	-82.15
31-Mar-21	374.72	119.71	1.19	-80.96
31-Dec-21	818.31	695.5	324.49	243.65
Amount in ₹ Lakhs

Olatech Solutions Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	71.01	74.21	10.41	65.37	64.37
31-Mar-20	189.2	835.35	51.58	116.96	115.96
31-Mar-21	148.69	549.23	12.32	129.28	128.28
31-Mar-22	229.95	262.15	35	164.28	164
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

92%

Promoter Shareholding (Post-Issue)

73.65%

64.48%

P/E Ratio

13.87

Market Cap

₹60.02 Cr.

₹6.32 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Kesar India IPO retail investors (RII) are offered 4,41,600 shares while in Olatech Solutions IPO retail investors are offered 4,41,600 shares. Qualified institutional buyers (QIB) are offered in Kesar India IPO and in Olatech Solutions IPO.

	Kesar India IPO	Olatech Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration	47,200 shares	44,000 shares
QIB
NII	4,41,600 shares	3,28,000 shares
RII	4,41,600 shares	3,28,000 shares
Employee
Others
Total	8,83,200 shares	6,56,000 shares

Bids Received (Subscription)

Kesar India IPO subscribed 1.77x in total, whereas Olatech Solutions IPO subscribed 598.82x.

	Kesar India IPO	Olatech Solutions IPO
QIB (times)
NII (times)	2.62x	517.71x
Big NII (times)
Small NII (times)
RII (times)	0.91x	679.94x
Employee (times)
Other (times)
Total (times)	1.77x	598.82x

Compare with others

Kesar India IPO	Olatech Solutions IPO
Olatech Solutions IPO	Ameya Engineers IPO
Veekayem Fashion and Apparels IPO	Kore Mobile IPO
Upsurge Seeds of Agriculture IPO	Naturo Indiabull IPO
Agni Green Power IPO	Rhetan TMT IPO
Healthy Life Agritec IPO	JFL Life Sciences IPO
B Right Realestate IPO	Veekayem Fashion and Apparels IPO
Jayant Infratech IPO	Upsurge Seeds of Agriculture IPO
SKP Bearing Industries IPO	Agni Green Power IPO
Veerkrupa Jewellers IPO	Healthy Life Agritec IPO
Sailani Tours N Travels IPO	Kesar India IPO

Comments

Add a public comment...