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Karnika Industries IPO vs Vinyas Innovative Technologies IPO

Comparison between Karnika Industries IPO and Vinyas Innovative Technologies IPO.

IPO Details

Karnika Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinyas Innovative Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

 Karnika Industries IPOVinyas Innovative Technologies IPO
LogoKarnika Industries IPO LogoVinyas Innovative Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Sarthi Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Karnika Industries IPO is up to ₹23.81 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹51.92 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.

 Karnika Industries IPOVinyas Innovative Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹162.00 per share
Issue Price (Upper)₹165.00 per share
Issue Price (Final)₹76.00 per share₹165.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares800 shares
Fresh Issue Size31,32,800 shares31,46,400 shares
Fresh Issue Size (Amount)up to ₹23.81 Crup to ₹51.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,800 shares31,46,400 shares
Issue Size Total (Amount)up to ₹23.81 Crup to ₹51.92 Cr

IPO Timetable

Karnika Industries IPO opens on Sep 29, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of Karnika Industries IPO and Vinyas Innovative Technologies IPO is Oct 05, 2023, and Oct 03, 2023, respectively.

 Karnika Industries IPOVinyas Innovative Technologies IPO
Anchor Bid DateSep 26, 2023
Issue OpenSep 29, 2023Sep 27, 2023
Issue CloseOct 05, 2023Oct 03, 2023
Basis Of Allotment (Tentative)Oct 10, 2023Oct 04, 2023
Initiation of Refunds (Tentative)Oct 11, 2023Oct 05, 2023
Credit of Share (Tentative)Oct 12, 2023Oct 05, 2023
Listing date (Tentative)Oct 12, 2023Oct 06, 2023
Anchor Lockin End date 1Nov 03, 2023
Anchor Lockin End date 2Jan 02, 2024

Financials & KPIs

Karnika Industries IPO P/E ratio is 7.57, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.

 Karnika Industries IPOVinyas Innovative Technologies IPO
Financials
Karnika Industries IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets3,055.875,921.4210,071.04
Total Income4,779.319,892.5212,605.62
Profit After Tax81.61454.01826.74
Net Worth378.141,860.881,806.83
Reserves and Surplus896.80
Total Borrowing1,570.942,224.135,245.53
Amount in ₹ Lakhs
Vinyas Innovative Technologies IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets18,458.9522,149.0421,598.64
Total Income20,780.5021,216.3023,885.41
Profit After Tax123.15100.88734.34
Net Worth3,069.383,144.744,522.99
Reserves and Surplus2,695.172,770.544,178.79
Total Borrowing9,365.899,542.588,571.01
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0039.87
Promoter Shareholding (Post-Issue)73.3929.37
P/E Ratio7.578.4
Market Cap₹94.24 Cr.₹207.65 Cr.
ROE16.13%
ROCE35.20%
Debt/Equity2.901.88
EPS₹9.66₹19.62
RoNW45.76%16.13%

Shares Offered

In the Karnika Industries IPO Retail Individual Investors (RII) are offered 15,66,400 shares while in Vinyas Innovative Technologies IPO retail investors are offered 15,66,400 shares. Qualified Institutional Buyers (QIB) are offered in Karnika Industries IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.

 Karnika Industries IPOVinyas Innovative Technologies IPO
Anchor Investor Reserveration9,43,200 shares
Market Maker Reserveration1,66,400 shares1,66,400 shares
QIB6,29,600 shares
NII15,66,400 shares4,72,000 shares
RII15,66,400 shares11,01,600 shares
Employee
Others
Total31,32,800 shares31,46,400 shares

Bids Received (Subscription)

Karnika Industries IPO subscribed 3.07x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.

 Karnika Industries IPOVinyas Innovative Technologies IPO
QIB (times)42.74x
NII (times)3.22x95.16x
Big NII (times)
Small NII (times)
RII (times)2.91x21.27x
Employee (times)
Other (times)
Total (times)3.07x43.24x