Kesar India IPO vs Veerkrupa Jewellers IPO

Comparision between Kesar India IPO and Veerkrupa Jewellers IPO.

IPO Details

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

	Kesar India IPO	Veerkrupa Jewellers 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	First Overseas Capital Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
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 Veerkrupa Jewellers IPO is up to ₹8.10 Cr. The final issue price of Kesar India IPO is ₹170.00 per share and of Veerkrupa Jewellers IPO is ₹27.00 per share.

	Kesar India IPO	Veerkrupa Jewellers 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	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹15.82 Cr	up to ₹8.10 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	9,30,400 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹15.82 Cr	up to ₹8.10 Cr

IPO Timetable

Kesar India IPO opens on Jun 30, 2022, while Veerkrupa Jewellers IPO opens on Jun 29, 2022. The closing date of Kesar India IPO and Veerkrupa Jewellers IPO is Jul 04, 2022, and Jul 08, 2022, respectively.

	Kesar India IPO	Veerkrupa Jewellers IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Jun 29, 2022
Issue Close	Jul 04, 2022	Jul 08, 2022
Basis Of Allotment (Tentative)	Jul 07, 2022	Jul 08, 2022
Initiation of Refunds (Tentative)	Jul 08, 2022	Jul 11, 2022
Credit of Share (Tentative)	Jul 11, 2022	Jul 12, 2022
Listing date (Tentative)	Jul 12, 2022	Jul 18, 2022
Anchor Lockin End date 1	Aug 06, 2022	Aug 07, 2022
Anchor Lockin End date 2	Oct 05, 2022	Oct 06, 2022

Financials

Kesar India IPO P/E ratio is 13.87, as compared to Veerkrupa Jewellers IPO P/E ratio of 75.

Kesar India IPO

Veerkrupa Jewellers 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

Veerkrupa Jewellers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-19	335.48	165.32	8.27	8.27
31-Mar-20	520.46	1094.86	0.71	302.69
31-Mar-21	1034.77	463.28	1.07	303.76
31-Dec-21	1159.98	1002.64	21.4	325.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

79.94%

Promoter Shareholding (Post-Issue)

73.65%

49.44%

P/E Ratio

13.87

Market Cap

₹60.02 Cr.

₹21.23 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 Veerkrupa Jewellers IPO retail investors are offered 4,41,600 shares. Qualified institutional buyers (QIB) are offered in Kesar India IPO and in Veerkrupa Jewellers IPO.

	Kesar India IPO	Veerkrupa Jewellers IPO
Anchor Investor Reserveration
Market Maker Reserveration	47,200 shares	1,52,000 shares
QIB
NII	4,41,600 shares	14,24,000 shares
RII	4,41,600 shares	14,24,000 shares
Employee
Others
Total	8,83,200 shares	28,48,000 shares

Bids Received (Subscription)

Kesar India IPO subscribed 1.77x in total, whereas Veerkrupa Jewellers IPO subscribed 1.85x.

	Kesar India IPO	Veerkrupa Jewellers IPO
QIB (times)
NII (times)	2.62x	1.04x
Big NII (times)
Small NII (times)
RII (times)	0.91x	2.67x
Employee (times)
Other (times)
Total (times)	1.77x	1.85x

Compare with others

Kesar India IPO	Veerkrupa Jewellers IPO
Olatech Solutions IPO	Healthy Life Agritec IPO
Veekayem Fashion and Apparels IPO	Kesar India IPO
Upsurge Seeds of Agriculture IPO	B Right Realestate IPO
Agni Green Power IPO	Jayant Infratech IPO
Healthy Life Agritec IPO	SKP Bearing Industries IPO
B Right Realestate IPO	Sailani Tours N Travels IPO
Jayant Infratech IPO	Mangalam Worldwide IPO
SKP Bearing Industries IPO	Modis Navnirman IPO
Veerkrupa Jewellers IPO	Pearl Green Clubs and Resorts IPO
Sailani Tours N Travels IPO	KCK Industries IPO

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