Comparison between Canarys Automations IPO and City Crops Agro IPO.
Canarys Automations IPO is a SME Fixed Price IPO proposed to list at NSE SME while City Crops Agro IPO is a SME Fixed Price proposed to list at BSE SME.
| Canarys Automations IPO | City Crops Agro IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Turnaround Corporate Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Mnm Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Canarys Automations IPO is up to ₹44.68 Cr whereas the issue size of the City Crops Agro IPO is up to ₹14.25 Cr. The final issue price of Canarys Automations IPO is ₹31.00 per share and of City Crops Agro IPO is ₹25.00 per share.
| Canarys Automations IPO | City Crops Agro IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹29.00 per share | |
| Issue Price (Upper) | ₹31.00 per share | |
| Issue Price (Final) | ₹31.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 6000 shares |
| Fresh Issue Size | 1,44,12,000 shares | 57,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹44.68 Cr | up to ₹14.25 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,44,12,000 shares | 57,00,000 shares |
| Issue Size Total (Amount) | up to ₹44.68 Cr | up to ₹14.25 Cr |
Canarys Automations IPO opens on Sep 27, 2023, while City Crops Agro IPO opens on Sep 26, 2023. The closing date of Canarys Automations IPO and City Crops Agro IPO is Oct 03, 2023, and Sep 29, 2023, respectively.
| Canarys Automations IPO | City Crops Agro IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Sep 27, 2023 | Sep 26, 2023 |
| Issue Close | Oct 03, 2023 | Sep 29, 2023 |
| Basis Of Allotment (Tentative) | Oct 06, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Oct 09, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 10, 2023 | Oct 09, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 10, 2023 |
| Anchor Lockin End date 1 | Nov 05, 2023 | |
| Anchor Lockin End date 2 | Jan 04, 2024 |
Canarys Automations IPO P/E ratio is 15.82, as compared to City Crops Agro IPO P/E ratio of 22.03.
| Canarys Automations IPO | City Crops Agro IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 77.49 | 86.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 54.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.82 | 22.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹174.17 Cr. | ₹40.79 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.92 | ₹1.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.64% | 9.80% |
In the Canarys Automations IPO Retail Individual Investors (RII) are offered 50,48,000 shares while in City Crops Agro IPO retail investors are offered 50,48,000 shares. Qualified Institutional Buyers (QIB) are offered 39,68,000 shares in Canarys Automations IPO and in City Crops Agro IPO.
| Canarys Automations IPO | City Crops Agro IPO | |
|---|---|---|
| Anchor Investor Reserveration | 32,32,000 shares | |
| Market Maker Reserveration | 7,60,000 shares | 3,00,000 shares |
| QIB | 39,68,000 shares | |
| NII | 21,64,000 shares | 28,50,000 shares |
| RII | 50,48,000 shares | 28,50,000 shares |
| Employee | ||
| Others | ||
| Total | 1,44,12,000 shares | 57,00,000 shares |
Canarys Automations IPO subscribed 9.94x in total, whereas City Crops Agro IPO subscribed 3.47x.
| Canarys Automations IPO | City Crops Agro IPO | |
|---|---|---|
| QIB (times) | 2.73x | |
| NII (times) | 14.29x | 2.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.70x | 4.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.94x | 3.47x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
