Comparison between Karnika Industries IPO and Plada Infotech IPO.
IPO Details
Karnika Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Plada Infotech IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Karnika Industries IPO is up to ₹23.81 Cr whereas the issue size of the Plada Infotech IPO is up to ₹11.74 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of Plada Infotech IPO is ₹48.00 per share.
IPO Timetable
Karnika Industries IPO opens on Sep 29, 2023, while Plada Infotech IPO opens on Sep 29, 2023. The closing date of Karnika Industries IPO and Plada Infotech IPO is Oct 05, 2023, and Oct 05, 2023, respectively.
| | Karnika Industries IPO | Plada Infotech IPO |
|---|
| Issue Open | Sep 29, 2023 | Sep 29, 2023 |
| Issue Close | Oct 05, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 10, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 11, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Oct 12, 2023 | Oct 11, 2023 |
| Listing date (Tentative) | Oct 12, 2023 | Oct 13, 2023 |
Financials & KPIs
Karnika Industries IPO P/E ratio is 7.57, as compared to Plada Infotech IPO P/E ratio of 12.31.
Shares Offered
In the Karnika Industries IPO Retail Individual Investors (RII) are offered 15,66,400 shares while in Plada Infotech IPO retail investors are offered 15,66,400 shares. Qualified Institutional Buyers (QIB) are offered in Karnika Industries IPO and in Plada Infotech IPO.
| | Karnika Industries IPO | Plada Infotech IPO |
|---|
| Market Maker Reservation | 1,66,400 shares | 1,29,000 shares |
| NII | 15,66,400 shares | 12,22,500 shares |
| RII | 15,66,400 shares | 12,22,500 shares |
| Total | 31,32,800 shares | 24,45,000 shares |
Bids Received (Subscription)
Karnika Industries IPO subscribed 3.07x in total, whereas Plada Infotech IPO subscribed 56.79x.
