Comparison between Ishan International IPO and Kandarp Digi Smart BPO IPO.
Ishan International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kandarp Digi Smart BPO IPO is a SME Fixed Price proposed to list at NSE SME.
| Ishan International IPO | Kandarp Digi Smart BPO IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | First Overseas Capital Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ishan International IPO is up to ₹17.28 Cr whereas the issue size of the Kandarp Digi Smart BPO IPO is up to ₹7.68 Cr. The final issue price of Ishan International IPO is ₹80.00 per share and of Kandarp Digi Smart BPO IPO is ₹30.00 per share.
| Ishan International IPO | Kandarp Digi Smart BPO IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 4000 shares |
| Fresh Issue Size | 21,60,000 shares | 25,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.28 Cr | up to ₹7.68 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 | 21,60,000 shares | 25,60,000 shares |
| Issue Size Total (Amount) | up to ₹17.28 Cr | up to ₹7.68 Cr |
Ishan International IPO opens on Sep 09, 2022, while Kandarp Digi Smart BPO IPO opens on Sep 16, 2022. The closing date of Ishan International IPO and Kandarp Digi Smart BPO IPO is Sep 14, 2022, and Sep 20, 2022, respectively.
| Ishan International IPO | Kandarp Digi Smart BPO IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2022 | Sep 16, 2022 |
| Issue Close | Sep 14, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 19, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 20, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 21, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Sep 22, 2022 | Sep 28, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ishan International IPO P/E ratio is 38.09, as compared to Kandarp Digi Smart BPO IPO P/E ratio of 28.57.
| Ishan International IPO | Kandarp Digi Smart BPO IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.61 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.21 | 69.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.09 | 28.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹57.66 Cr. | ₹26.92 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.58 | ₹1.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21 | 11.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ishan International IPO Retail Individual Investors (RII) are offered 10,80,000 shares while in Kandarp Digi Smart BPO IPO retail investors are offered 10,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Ishan International IPO and in Kandarp Digi Smart BPO IPO.
| Ishan International IPO | Kandarp Digi Smart BPO IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 1,40,000 shares |
| QIB | ||
| NII | 10,80,000 shares | 12,80,000 shares |
| RII | 10,80,000 shares | 12,80,000 shares |
| Employee | ||
| Others | ||
| Total | 21,60,000 shares | 25,60,000 shares |
Ishan International IPO subscribed 1.62x in total, whereas Kandarp Digi Smart BPO IPO subscribed 1.84x.
| Ishan International IPO | Kandarp Digi Smart BPO IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.60x | 0.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.65x | 2.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.62x | 1.84x |
