Kranti Industries IPO vs Ritco Logistics IPO

Comparision between Kranti Industries IPO and Ritco Logistics IPO.

IPO Details

Kranti Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Book Built Issue proposed to list at BSE SME.

	Kranti Industries IPO	Ritco Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	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 Kranti Industries IPO is up to ₹8.58 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹48.18 Cr. The final issue price of Kranti Industries IPO is ₹37.00 per share and of Ritco Logistics IPO is ₹73.00 per share.

	Kranti Industries IPO	Ritco Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹73.00 per share
Issue Price (Final)	₹37.00 per share	₹73.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	17,52,000 shares	50,00,000 shares
Fresh Issue Size (Amount)	up to ₹6.68 Cr
OFS Issue Size	5,67,000 shares	16,00,000 shares
OFS Issue Size (Amount)	up to ₹2.10 Cr
Issue Size Total	23,19,000 shares	66,00,000 shares
Issue Size Total (Amount)	up to ₹8.58 Cr	up to ₹48.18 Cr

IPO Timetable

Kranti Industries IPO opens on Feb 14, 2019, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Kranti Industries IPO and Ritco Logistics IPO is Feb 20, 2019, and Jan 30, 2019, respectively.

	Kranti Industries IPO	Ritco Logistics IPO
Anchor Bid Date
Issue Open	Feb 14, 2019	Jan 28, 2019
Issue Close	Feb 20, 2019	Jan 30, 2019
Basis Of Allotment (Tentative)		Feb 04, 2019
Initiation of Refunds (Tentative)		Feb 05, 2019
Credit of Share (Tentative)		Feb 06, 2019
Listing date (Tentative)		Feb 07, 2019
Anchor Lockin End date 1		Mar 06, 2019
Anchor Lockin End date 2		May 05, 2019

Financials

Kranti Industries IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .

Kranti Industries IPO

Ritco Logistics IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	5,015.10	4,378.06	4,401.16	4,135.49
Total Revenue	3,321.91	4,610.92	2,925.19	2,884.41
Profit After Tax	137.14	89.97	(92.85)	(21.02)

Ritco Logistics financial Information (Restated)

Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sept-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	17,894.47	15,403.43	9,707.73	8,989.98
Total Revenue	20,860.31	34,391.49	32,896.06	31,416.47
Profit After Tax	621.18	1,027.95	381.83	143.67

Promoter Shareholding (Pre-Issue)

68.18%

78.44%

Promoter Shareholding (Post-Issue)

54.61%

55.88%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Kranti Industries IPO retail investors (RII) are offered 11,01,000 shares while in Ritco Logistics IPO retail investors are offered 11,01,000 shares. Qualified institutional buyers (QIB) are offered in Kranti Industries IPO and in Ritco Logistics IPO.

	Kranti Industries IPO	Ritco Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,17,000 shares	3,34,400 shares
QIB
NII	11,01,000 shares	31,32,800 shares
RII	11,01,000 shares	31,32,800 shares
Employee
Others
Total	22,02,000 shares	62,65,600 shares

Bids Received (Subscription)

Kranti Industries IPO subscribed 1.29x in total, whereas Ritco Logistics IPO subscribed 1.39x.

	Kranti Industries IPO	Ritco Logistics IPO
QIB (times)
NII (times)	1.26x	1.82x
Big NII (times)
Small NII (times)
RII (times)	1.31x	0.96x
Employee (times)
Other (times)
Total (times)	1.29x	1.39x

Compare with others

Kranti Industries IPO	Ritco Logistics IPO
Mahip Industries IPO	Gleam Fabmat IPO
Gleam Fabmat IPO	Aartech Solonics IPO
Aartech Solonics IPO	Jonjua Overseas IPO
Jonjua Overseas IPO	Anmol India IPO
Anmol India IPO	Kranti Industries IPO
Ritco Logistics IPO	Surani Steel IPO
Surani Steel IPO	KPI Global IPO
KPI Global IPO	Axita Cotton IPO
Axita Cotton IPO	SR Dye-Chem IPO
SR Dye-Chem IPO	Diksha Greens IPO

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