R R Kabel IPO vs Sai Silks (Kalamandir) IPO

Comparision between R R Kabel IPO and Sai Silks (Kalamandir) IPO.

IPO Details

R R Kabel IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sai Silks (Kalamandir) IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	R R Kabel IPO	Sai Silks (Kalamandir) IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Citigroup Global Markets India Private Limited Hsbc Securities & Capital Markets Pvt Ltd Jm Financial Limited	Motilal Oswal Investment Advisors Limited Hdfc Bank Limited Nuvama Wealth Management Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of R R Kabel IPO is up to ₹1,964.01 Cr whereas the issue size of the Sai Silks (Kalamandir) IPO is up to ₹1,201.00 Cr. The final issue price of R R Kabel IPO is ₹1,035.00 per share and of Sai Silks (Kalamandir) IPO is ₹222.00 per share.

	R R Kabel IPO	Sai Silks (Kalamandir) IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹983.00 per share	₹210.00 per share
Issue Price (Upper)	₹1,035.00 per share	₹222.00 per share
Issue Price (Final)	₹1,035.00 per share	₹222.00 per share
Discount (Retail)
Discount (Employee)	₹98.00 per share
Market Lot Size	14 shares	67 shares
Fresh Issue Size	17,39,131 shares	2,70,27,027 shares
Fresh Issue Size (Amount)	up to ₹180.00 Cr	up to ₹600.00 Cr
OFS Issue Size	1,72,36,808 shares	2,70,72,000 shares
OFS Issue Size (Amount)	up to ₹1,784.01 Cr	up to ₹601.00 Cr
Issue Size Total	1,89,75,939 shares	5,40,99,027 shares
Issue Size Total (Amount)	up to ₹1,964.01 Cr	up to ₹1,201.00 Cr

IPO Timetable

R R Kabel IPO opens on Sep 13, 2023, while Sai Silks (Kalamandir) IPO opens on Sep 20, 2023. The closing date of R R Kabel IPO and Sai Silks (Kalamandir) IPO is Sep 15, 2023, and Sep 22, 2023, respectively.

	R R Kabel IPO	Sai Silks (Kalamandir) IPO
Anchor Bid Date	Sep 12, 2023	Sep 18, 2023
Issue Open	Sep 13, 2023	Sep 20, 2023
Issue Close	Sep 15, 2023	Sep 22, 2023
Basis Of Allotment (Tentative)	Sep 21, 2023	Sep 27, 2023
Initiation of Refunds (Tentative)	Sep 22, 2023	Sep 29, 2023
Credit of Share (Tentative)	Sep 25, 2023	Oct 03, 2023
Listing date (Tentative)	Sep 20, 2023	Sep 27, 2023
Anchor Lockin End date 1	Oct 21, 2023	Oct 27, 2023
Anchor Lockin End date 2	Dec 20, 2023	Dec 26, 2023

Financials

R R Kabel IPO P/E ratio is , as compared to Sai Silks (Kalamandir) IPO P/E ratio of 27.37.

R R Kabel IPO

Sai Silks (Kalamandir) IPO

Financial

R R Kabel IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,545.36	1,715.11	2,050.64	2,633.62
Revenue	2,505.54	2,745.94	4,432.22	5,633.64
Profit After Tax	122.40	135.40	213.94	189.87
Net Worth	875.07	1,033.38	1,237.05	1,390.47
Reserves and Surplus	459.23	594.93	781.31	914.15
Total Borrowing	395.29	498.71	521.11	515.84

Amount in ₹ Crore

Sai Silks (Kalamandir) Limited Financial Information (Restated)

Sai Silks (Kalamandir) Limited's revenue increased by 19.94% and profit after tax (PAT) rose by 69.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021	31 Mar 2020
Assets	1,220.45	842.49	665.42	692.76
Revenue	1,358.92	1,133.02	679.10	1,178.62
Profit After Tax	97.59	57.69	5.13	42.10
Net Worth	397.33	300.66	242.99	231.51
Reserves and Surplus	373.27	276.60	218.93	208.05
Total Borrowing	345.50	260.49	217.22	164.70
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

66.42%

95.23%

Promoter Shareholding (Post-Issue)

62.77%

60.80%

P/E Ratio

27.37

Market Cap

₹11675.63 Cr.

₹3404.73 Cr.

ROE

14.22%%

27.96%%

ROCE

15.57%%

23.55%%

Debt/Equity

0.36

0.87

EPS

₹17.09

₹8.11

RoNW

13.66%%

24.56%%

Shares Offered

In the R R Kabel IPO retail investors (RII) are offered 66,01,237 shares while in Sai Silks (Kalamandir) IPO retail investors are offered 66,01,237 shares. Qualified institutional buyers (QIB) are offered 37,72,137 shares in R R Kabel IPO and 1,08,19,807 shares in Sai Silks (Kalamandir) IPO.

	R R Kabel IPO	Sai Silks (Kalamandir) IPO
Anchor Investor Reserveration	56,58,201 shares	1,62,29,707 shares
Market Maker Reserveration
QIB	37,72,137 shares	1,08,19,807 shares
NII	28,29,102 shares	81,14,854 shares
RII	66,01,237 shares	1,89,34,659 shares
Employee	1,15,261 shares	0 shares
Others
Total	1,33,17,737 shares	3,78,69,320 shares

Bids Received (Subscription)

R R Kabel IPO subscribed 18.69x in total, whereas Sai Silks (Kalamandir) IPO subscribed 4.47x.

	R R Kabel IPO	Sai Silks (Kalamandir) IPO
QIB (times)	52.26x	12.17x
NII (times)	13.23x	2.54x
Big NII (times)	15.68x	3.03x
Small NII (times)	8.33x	1.57x
RII (times)	2.13x	0.91x
Employee (times)	2.69x
Other (times)
Total (times)	18.69x	4.47x

Compare with others

R R Kabel IPO	Sai Silks (Kalamandir) IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	Plaza Wires IPO
JSW Infrastructure IPO	Updater Services IPO
Sai Silks (Kalamandir) IPO	Valiant Laboratories IPO
Yatra Online IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
Zaggle Prepaid Ocean Services IPO	JSW Infrastructure IPO
SAMHI Hotels IPO	Yatra Online IPO
EMS IPO	Zaggle Prepaid Ocean Services IPO
Jupiter Life Line Hospitals IPO	R R Kabel IPO
Rishabh Instruments IPO	SAMHI Hotels IPO
Ratnaveer Precision Engineering IPO	EMS IPO

Comments

Add a public comment...