Based on the table based on data of September 26, 2024 (5 PM), here’s a comparison of the four IPOs in terms of PAT (FY 2024), Issue Price, GMP (Grey Market Premium), Expected Gain, and Subscription Rate:
| IPO Name | PAT (FY 2024) | Issue Price (₹) | GMP (₹) | Expected Gain | Subscription (Overall) |
|---|---|---|---|---|---|
| TechEra Engineering Limited | ₹4.82 crore | ₹82 | ₹20 | 24% | 8.19x |
| Unilex Colours and Chemicals Limited | ₹6.16 crore | ₹87 | ₹13 | 15% | 5.27x |
| KRN Heat Exchanger and Refrigeration Limited | ₹39 crore | ₹220 | ₹245 | 110% | 48x |
| Thinking Hats Entertainment Solutions Limited | ₹3.90 crore | ₹44 | ₹30 | 68% | 33x |
Key Observations:
- KRN Heat Exchanger and Refrigeration Limited stands out with:
- The highest PAT at ₹39 crore.
- A significantly high GMP of ₹245, leading to an expected gain of 110%, the highest among all the IPOs.
- The strongest subscription rate at 48x, indicating very strong demand.
- Thinking Hats Entertainment Solutions Limited:
- Has a high GMP of ₹30 with an expected gain of 68%.
- Enjoys solid demand with a 33x subscription rate.
- TechEra Engineering Limited:
- Has moderate GMP of ₹20 and an expected gain of 24%.
- Subscription is also decent at 8.19x.
- Unilex Colours and Chemicals Limited:
- While it has the highest PAT after KRN Heat Exchanger, it has a lower GMP of ₹13 and a relatively modest expected gain of 15%.
- The subscription rate is the lowest at 5.27x.
Suggestion:
- Best Overall Pick: KRN Heat Exchanger and Refrigeration Limited due to its strong profitability, significant market interest, and highest expected return.
- Runner-up: Thinking Hats Entertainment Solutions Limited, which offers a good balance of high GMP and strong subscription, though profitability is lower.
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