Comparison between Arvind & Co.Shipping IPO and Karnika Industries IPO.
Arvind & Co.Shipping IPO is a SME Fixed Price IPO proposed to list at NSE SME while Karnika Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Arvind & Co.Shipping IPO | Karnika Industries 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. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the Karnika Industries IPO is up to ₹23.81 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of Karnika Industries IPO is ₹76.00 per share.
| Arvind & Co.Shipping IPO | Karnika Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹76.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 31,08,000 shares | 31,32,800 shares |
| Fresh Issue Size (Amount) | up to ₹13.99 Cr | up to ₹23.81 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 | 31,08,000 shares | 31,32,800 shares |
| Issue Size Total (Amount) | up to ₹13.99 Cr | up to ₹23.81 Cr |
Arvind & Co.Shipping IPO opens on Oct 12, 2023, while Karnika Industries IPO opens on Sep 29, 2023. The closing date of Arvind & Co.Shipping IPO and Karnika Industries IPO is Oct 16, 2023, and Oct 05, 2023, respectively.
| Arvind & Co.Shipping IPO | Karnika Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 12, 2023 | Sep 29, 2023 |
| Issue Close | Oct 16, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 19, 2023 | Oct 10, 2023 |
| Initiation of Refunds (Tentative) | Oct 20, 2023 | Oct 11, 2023 |
| Credit of Share (Tentative) | Oct 23, 2023 | Oct 12, 2023 |
| Listing date (Tentative) | Oct 25, 2023 | Oct 12, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Karnika Industries IPO P/E ratio of 7.57.
| Arvind & Co.Shipping IPO | Karnika Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)Arvind and Company Shipping Agency Limited's revenue increased by 153.77% and profit after tax (PAT) rose by 246.15% between the financial year ending with March 31, 2023 and March 31, 2022.
|
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 73.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.74 | 7.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.62 Cr. | ₹94.24 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.44 | 2.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.62 | ₹9.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.88% | 45.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in Karnika Industries IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and in Karnika Industries IPO.
| Arvind & Co.Shipping IPO | Karnika Industries IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,68,000 shares | 1,66,400 shares |
| QIB | ||
| NII | 15,54,000 shares | 15,66,400 shares |
| RII | 15,54,000 shares | 15,66,400 shares |
| Employee | ||
| Others | ||
| Total | 31,08,000 shares | 31,32,800 shares |
Arvind & Co.Shipping IPO subscribed 385.03x in total, whereas Karnika Industries IPO subscribed 3.07x.
| Arvind & Co.Shipping IPO | Karnika Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 436.05x | 3.22x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 321.97x | 2.91x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 385.03x | 3.07x |
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