Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Karnavati Finance IPO vs SSPN Finance IPO

Comparison between Karnavati Finance IPO and SSPN Finance IPO.

IPO Details

Karnavati Finance IPO is a SME Fixed Price IPO proposed to list at BSE SME while SSPN Finance IPO is a SME Fixed Price proposed to list at BSE SME.

 Karnavati Finance IPOSSPN Finance IPO
LogoKarnavati Finance IPO LogoSSPN Finance IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersCorporate Strategic Allianz Ltd.First Overseas Capital Ltd.
RegistrarSatellite Corporate Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Choice Equity Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Karnavati Finance IPO is up to ₹2.44 Cr whereas the issue size of the SSPN Finance IPO is up to ₹1.42 Cr. The final issue price of Karnavati Finance IPO is ₹10.00 per share and of SSPN Finance IPO is ₹20.00 per share.

 Karnavati Finance IPOSSPN Finance IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹10.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares6000 shares
Fresh Issue Size24,40,000 shares7,08,000 shares
Fresh Issue Size (Amount)up to ₹2.44 Crup to ₹1.42 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total24,40,000 shares7,08,000 shares
Issue Size Total (Amount)up to ₹2.44 Crup to ₹1.42 Cr

IPO Timetable

Karnavati Finance IPO opens on Jan 19, 2015, while SSPN Finance IPO opens on Mar 10, 2015. The closing date of Karnavati Finance IPO and SSPN Finance IPO is Jan 21, 2015, and Mar 12, 2015, respectively.

 Karnavati Finance IPOSSPN Finance IPO
Anchor Bid Date
Issue OpenJan 19, 2015Mar 10, 2015
Issue CloseJan 21, 2015Mar 12, 2015
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Feb 05, 2015Mar 16, 2015
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Karnavati Finance IPO P/E ratio is , as compared to SSPN Finance IPO P/E ratio of .

 Karnavati Finance IPOSSPN Finance IPO
Financials
Promoter Shareholding (Pre-Issue)98.2
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW1.44%

Shares Offered

In the Karnavati Finance IPO Retail Individual Investors (RII) are offered 12,20,000 shares while in SSPN Finance IPO retail investors are offered 12,20,000 shares. Qualified Institutional Buyers (QIB) are offered in Karnavati Finance IPO and in SSPN Finance IPO.

 Karnavati Finance IPOSSPN Finance IPO
Anchor Investor Reserveration
Market Maker Reserveration1,40,000 shares42,000 shares
QIB
NII12,20,000 shares3,54,000 shares
RII12,20,000 shares3,54,000 shares
Employee
Others
Total24,40,000 shares7,08,000 shares

Bids Received (Subscription)

Karnavati Finance IPO subscribed in total, whereas SSPN Finance IPO subscribed .

 Karnavati Finance IPOSSPN Finance IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)