Comparison between Cellecor Gadgets IPO and Kundan Edifice IPO.
Cellecor Gadgets IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kundan Edifice IPO is a SME Fixed Price proposed to list at NSE SME.
| Cellecor Gadgets IPO | Kundan Edifice IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Cellecor Gadgets IPO is up to ₹48.23 Cr whereas the issue size of the Kundan Edifice IPO is up to ₹23.94 Cr. The final issue price of Cellecor Gadgets IPO is ₹92.00 per share and of Kundan Edifice IPO is ₹91.00 per share.
| Cellecor Gadgets IPO | Kundan Edifice IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹87.00 per share | |
| Issue Price (Upper) | ₹92.00 per share | |
| Issue Price (Final) | ₹92.00 per share | ₹91.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 52,42,800 shares | 26,30,400 shares |
| Fresh Issue Size (Amount) | up to ₹48.23 Cr | up to ₹23.94 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 | 52,42,800 shares | 26,30,400 shares |
| Issue Size Total (Amount) | up to ₹48.23 Cr | up to ₹23.94 Cr |
Cellecor Gadgets IPO opens on Sep 15, 2023, while Kundan Edifice IPO opens on Sep 12, 2023. The closing date of Cellecor Gadgets IPO and Kundan Edifice IPO is Sep 20, 2023, and Sep 15, 2023, respectively.
| Cellecor Gadgets IPO | Kundan Edifice IPO | |
|---|---|---|
| Anchor Bid Date | Sep 14, 2023 | |
| Issue Open | Sep 15, 2023 | Sep 12, 2023 |
| Issue Close | Sep 20, 2023 | Sep 15, 2023 |
| Basis Of Allotment (Tentative) | Sep 25, 2023 | Sep 21, 2023 |
| Initiation of Refunds (Tentative) | Sep 26, 2023 | Sep 22, 2023 |
| Credit of Share (Tentative) | Sep 27, 2023 | Sep 25, 2023 |
| Listing date (Tentative) | Sep 28, 2023 | Sep 26, 2023 |
| Anchor Lockin End date 1 | Oct 25, 2023 | |
| Anchor Lockin End date 2 | Dec 24, 2023 |
Cellecor Gadgets IPO P/E ratio is 13.45, as compared to Kundan Edifice IPO P/E ratio of 13.3.
| Cellecor Gadgets IPO | Kundan Edifice IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 69.95 | 99.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.54 | 72.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.45 | 13.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹192.90 Cr. | ₹93.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 57.71% | 63.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 63.88% | 43.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.51 | 1.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.84 | ₹6.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 57.71% | 63.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cellecor Gadgets IPO Retail Individual Investors (RII) are offered 18,34,800 shares while in Kundan Edifice IPO retail investors are offered 18,34,800 shares. Qualified Institutional Buyers (QIB) are offered 10,48,800 shares in Cellecor Gadgets IPO and in Kundan Edifice IPO.
| Cellecor Gadgets IPO | Kundan Edifice IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,72,000 shares | |
| Market Maker Reservation | 2,76,000 shares | 1,41,600 shares |
| QIB | 10,48,800 shares | |
| NII | 7,87,200 shares | 13,15,200 shares |
| RII | 18,34,800 shares | 13,15,200 shares |
| Employee | ||
| Others | ||
| Total | 52,42,800 shares | 26,30,400 shares |
Cellecor Gadgets IPO subscribed 116.33x in total, whereas Kundan Edifice IPO subscribed 42.27x.
| Cellecor Gadgets IPO | Kundan Edifice IPO | |
|---|---|---|
| QIB (times) | 57.58x | |
| NII (times) | 176.54x | 35.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 124.08x | 44.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 116.33x | 42.27x |
