Comparison between Arvind & Co.Shipping IPO and Karnika Industries IPO.
IPO Details
Arvind & Co.Shipping IPO is a SME Fixed Price IPO proposed to list at NSE SME while Karnika Industries IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the Karnika Industries IPO is up to ₹23.81 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of Karnika Industries IPO is ₹76.00 per share.
IPO Timetable
Arvind & Co.Shipping IPO opens on Oct 12, 2023, while Karnika Industries IPO opens on Sep 29, 2023. The closing date of Arvind & Co.Shipping IPO and Karnika Industries IPO is Oct 16, 2023, and Oct 05, 2023, respectively.
| | Arvind & Co.Shipping IPO | Karnika Industries IPO |
|---|
| Issue Open | Oct 12, 2023 | Sep 29, 2023 |
| Issue Close | Oct 16, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 19, 2023 | Oct 10, 2023 |
| Initiation of Refunds (Tentative) | Oct 20, 2023 | Oct 11, 2023 |
| Credit of Share (Tentative) | Oct 23, 2023 | Oct 12, 2023 |
| Listing date (Tentative) | Oct 25, 2023 | Oct 12, 2023 |
Financials & KPIs
Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Karnika Industries IPO P/E ratio of 7.57.
Shares Offered
In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in Karnika Industries IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and in Karnika Industries IPO.
| | Arvind & Co.Shipping IPO | Karnika Industries IPO |
|---|
| Market Maker Reservation | 1,68,000 shares | 1,66,400 shares |
| NII | 15,54,000 shares | 15,66,400 shares |
| RII | 15,54,000 shares | 15,66,400 shares |
| Total | 31,08,000 shares | 31,32,800 shares |
Bids Received (Subscription)
Arvind & Co.Shipping IPO subscribed 379.01x in total, whereas Karnika Industries IPO subscribed 3.07x.
