Comparison between Kandarp Digi Smart BPO IPO and Varanium Cloud IPO.
Kandarp Digi Smart BPO IPO is a SME Fixed Price IPO proposed to list at NSE SME while Varanium Cloud IPO is a SME Fixed Price proposed to list at NSE SME.
| Kandarp Digi Smart BPO IPO | Varanium Cloud IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Rikhav Securities 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 Kandarp Digi Smart BPO IPO is up to ₹7.68 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Kandarp Digi Smart BPO IPO is ₹30.00 per share and of Varanium Cloud IPO is ₹122.00 per share.
| Kandarp Digi Smart BPO IPO | Varanium Cloud IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1000 shares |
| Fresh Issue Size | 25,60,000 shares | 25,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.68 Cr | up to ₹30.67 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 | 25,60,000 shares | 25,14,000 shares |
| Issue Size Total (Amount) | up to ₹7.68 Cr | up to ₹30.67 Cr |
Kandarp Digi Smart BPO IPO opens on Sep 16, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Kandarp Digi Smart BPO IPO and Varanium Cloud IPO is Sep 20, 2022, and Sep 20, 2022, respectively.
| Kandarp Digi Smart BPO IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 16, 2022 | Sep 16, 2022 |
| Issue Close | Sep 20, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 23, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 26, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 27, 2022 | Sep 27, 2022 |
| Listing date (Tentative) | Sep 28, 2022 | Sep 27, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Kandarp Digi Smart BPO IPO P/E ratio is 28.57, as compared to Varanium Cloud IPO P/E ratio of 14.59.
| Kandarp Digi Smart BPO IPO | Varanium Cloud IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.57 | 14.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹26.92 Cr. | ₹122.63 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.50 | ₹23.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 11.97 | 55.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kandarp Digi Smart BPO IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Varanium Cloud IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Kandarp Digi Smart BPO IPO and in Varanium Cloud IPO.
| Kandarp Digi Smart BPO IPO | Varanium Cloud IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,40,000 shares | 4,86,000 shares |
| QIB | ||
| NII | 12,80,000 shares | 12,57,000 shares |
| RII | 12,80,000 shares | 12,57,000 shares |
| Employee | ||
| Others | ||
| Total | 25,60,000 shares | 25,14,000 shares |
Kandarp Digi Smart BPO IPO subscribed 1.84x in total, whereas Varanium Cloud IPO subscribed 5.46x.
| Kandarp Digi Smart BPO IPO | Varanium Cloud IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.88x | 5.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.80x | 5.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.84x | 5.46x |
