KP Green Engineering IPO vs Signoria Creation IPO

Comparision between KP Green Engineering IPO and Signoria Creation IPO.

IPO Details

KP Green Engineering IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Signoria Creation IPO is a SME Book Built Issue proposed to list at NSE SME.

	KP Green Engineering IPO	Signoria Creation IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Holani Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Holani Consultants Private Limited
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 KP Green Engineering IPO is up to ₹189.50 Cr whereas the issue size of the Signoria Creation IPO is up to ₹9.28 Cr. The final issue price of KP Green Engineering IPO is ₹144.00 per share and of Signoria Creation IPO is ₹65.00 per share.

	KP Green Engineering IPO	Signoria Creation IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹137.00 per share	₹61.00 per share
Issue Price (Upper)	₹144.00 per share	₹65.00 per share
Issue Price (Final)	₹144.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	1,31,60,000 shares	14,28,000 shares
Fresh Issue Size (Amount)	up to ₹189.50 Cr	up to ₹9.28 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,31,60,000 shares	14,28,000 shares
Issue Size Total (Amount)	up to ₹189.50 Cr	up to ₹9.28 Cr

IPO Timetable

KP Green Engineering IPO opens on Mar 15, 2024, while Signoria Creation IPO opens on Mar 12, 2024. The closing date of KP Green Engineering IPO and Signoria Creation IPO is Mar 19, 2024, and Mar 14, 2024, respectively.

	KP Green Engineering IPO	Signoria Creation IPO
Anchor Bid Date	Mar 13, 2024	Mar 11, 2024
Issue Open	Mar 15, 2024	Mar 12, 2024
Issue Close	Mar 19, 2024	Mar 14, 2024
Basis Of Allotment (Tentative)	Mar 20, 2024	Mar 15, 2024
Initiation of Refunds (Tentative)	Mar 21, 2024	Mar 18, 2024
Credit of Share (Tentative)	Mar 21, 2024	Mar 18, 2024
Listing date (Tentative)	Mar 22, 2024	Mar 19, 2024
Anchor Lockin End date 1	Apr 19, 2024	Apr 14, 2024
Anchor Lockin End date 2	Jun 18, 2024	Jun 13, 2024

Financials

KP Green Engineering IPO P/E ratio is 42.8, as compared to Signoria Creation IPO P/E ratio of 9.37.

KP Green Engineering IPO

Signoria Creation IPO

Financial

KP Green Engineering Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	13,635.62	9,506.65
Revenue	10,413.64	11,478.50
Profit After Tax	1,126.64	1,239.45
Reserves and Surplus	2,624.03	3,177.38
Amount in ₹ Lakhs

Signoria Creation Limited Financial Information (Restated Standalone)

Signoria Creation Limited's revenue increased by 62.13% and profit after tax (PAT) rose by 242.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,614.56	2,334.92	950.76	597.88
Revenue	652.92	1,915.81	1,181.64	588.98
Profit After Tax	64.52	231.05	67.53	32.60
Net Worth	647.75	583.23	150.88	83.35
Reserves and Surplus	536.75	472.23	100.88	33.35
Total Borrowing	1,263.93	1,050.26	376.84	223.15
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.37%

100.00%

Promoter Shareholding (Post-Issue)

66.59%

P/E Ratio

42.8

9.37

Market Cap

₹720.00 Cr.

₹30.93 Cr.

ROE

29.24%%

10.48%%

ROCE

23.05%%

7.38%%

Debt/Equity

1.11

EPS

₹3.36

₹6.94

RoNW

25.51%%

9.96%%

Shares Offered

In the KP Green Engineering IPO retail investors (RII) are offered 43,76,000 shares while in Signoria Creation IPO retail investors are offered 43,76,000 shares. Qualified institutional buyers (QIB) are offered 25,00,000 shares in KP Green Engineering IPO and 2,16,000 shares in Signoria Creation IPO.

	KP Green Engineering IPO	Signoria Creation IPO
Anchor Investor Reserveration	37,50,000 shares	3,20,000 shares
Market Maker Reserveration	6,58,000 shares	72,000 shares
QIB	25,00,000 shares	2,16,000 shares
NII	18,76,000 shares	2,50,000 shares
RII	43,76,000 shares	5,30,000 shares
Employee	0 shares	0 shares
Others
Total	87,52,000 shares	10,36,000 shares

Bids Received (Subscription)

KP Green Engineering IPO subscribed 29.50x in total, whereas Signoria Creation IPO subscribed 666.32x.

	KP Green Engineering IPO	Signoria Creation IPO
QIB (times)	31.86x	107.56x
NII (times)	48.23x	1,290.56x
Big NII (times)
Small NII (times)
RII (times)	20.12x	649.88x
Employee (times)
Other (times)
Total (times)	29.50x	666.32x

Compare with others

KP Green Engineering IPO	Signoria Creation IPO
Omfurn India FPO	Enser Communications IPO
Vishwas Agri Seeds IPO	Enfuse Solutions IPO
Chatha Foods IPO	KP Green Engineering IPO
Enser Communications IPO	Royal Sense IPO
Enfuse Solutions IPO	AVP Infracon IPO
Royal Sense IPO	Pratham EPC Projects IPO
AVP Infracon IPO	Koura Fine Diamond Jewelry IPO
Signoria Creation IPO	Shree Karni Fabcom IPO
Pratham EPC Projects IPO	V R Infraspace IPO
Koura Fine Diamond Jewelry IPO	Sona Machinery IPO

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