Comparison between Comrade Appliances IPO and Kore Digital IPO.
Comrade Appliances IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kore Digital IPO is a SME Fixed Price proposed to list at NSE SME.
| Comrade Appliances IPO | Kore Digital IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | NNM Securities 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 Comrade Appliances IPO is up to ₹11.69 Cr whereas the issue size of the Kore Digital IPO is up to ₹17.06 Cr. The final issue price of Comrade Appliances IPO is ₹54.00 per share and of Kore Digital IPO is ₹180.00 per share.
| Comrade Appliances IPO | Kore Digital IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹54.00 per share | |
| Issue Price (Final) | ₹54.00 per share | ₹180.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 800 shares |
| Fresh Issue Size | 21,64,000 shares | 9,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.69 Cr | up to ₹17.06 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 | 21,64,000 shares | 9,48,000 shares |
| Issue Size Total (Amount) | up to ₹11.69 Cr | up to ₹17.06 Cr |
Comrade Appliances IPO opens on May 31, 2023, while Kore Digital IPO opens on Jun 02, 2023. The closing date of Comrade Appliances IPO and Kore Digital IPO is Jun 05, 2023, and Jun 07, 2023, respectively.
| Comrade Appliances IPO | Kore Digital IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2023 | |
| Issue Open | May 31, 2023 | Jun 02, 2023 |
| Issue Close | Jun 05, 2023 | Jun 07, 2023 |
| Basis Of Allotment (Tentative) | Jun 08, 2023 | Jun 12, 2023 |
| Initiation of Refunds (Tentative) | Jun 09, 2023 | Jun 13, 2023 |
| Credit of Share (Tentative) | Jun 12, 2023 | Jun 14, 2023 |
| Listing date (Tentative) | Jun 13, 2023 | Jun 14, 2023 |
| Anchor Lockin End date 1 | Jul 08, 2023 | |
| Anchor Lockin End date 2 | Sep 06, 2023 |
Comrade Appliances IPO P/E ratio is 17.14, as compared to Kore Digital IPO P/E ratio of 17.86.
| Comrade Appliances IPO | Kore Digital IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.74 | 71.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.14 | 17.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.66 Cr. | ₹63.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 0.27% | 0.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.16% | 0.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.96 | 0.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.15 | ₹10.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.73% | 50.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Comrade Appliances IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Kore Digital IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 4,32,000 shares in Comrade Appliances IPO and in Kore Digital IPO.
| Comrade Appliances IPO | Kore Digital IPO | |
|---|---|---|
| Anchor Investor Reserveration | 6,48,000 shares | |
| Market Maker Reserveration | 1,14,000 shares | 52,000 shares |
| QIB | 4,32,000 shares | |
| NII | 3,26,000 shares | 4,74,000 shares |
| RII | 7,58,000 shares | 4,74,000 shares |
| Employee | ||
| Others | ||
| Total | 21,64,000 shares | 9,48,000 shares |
Comrade Appliances IPO subscribed 77.25x in total, whereas Kore Digital IPO subscribed 41.56x.
| Comrade Appliances IPO | Kore Digital IPO | |
|---|---|---|
| QIB (times) | 21.86x | |
| NII (times) | 162.67x | 49.67x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 72.08x | 33.26x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 77.25x | 41.56x |
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