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Karnika Industries IPO vs Vivaa Tradecom IPO

Comparison between Karnika Industries IPO and Vivaa Tradecom IPO.

IPO Details

Karnika Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vivaa Tradecom IPO is a SME Fixed Price proposed to list at BSE SME.

 Karnika Industries IPOVivaa Tradecom IPO
LogoKarnika Industries IPO LogoVivaa Tradecom IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Asnani Stock Broker 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 Karnika Industries IPO is up to ₹23.81 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.57 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.

 Karnika Industries IPOVivaa Tradecom IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹76.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size31,32,800 shares14,84,000 shares
Fresh Issue Size (Amount)up to ₹23.81 Crup to ₹7.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,800 shares14,84,000 shares
Issue Size Total (Amount)up to ₹23.81 Crup to ₹7.57 Cr

IPO Timetable

Karnika Industries IPO opens on Sep 29, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of Karnika Industries IPO and Vivaa Tradecom IPO is Oct 05, 2023, and Oct 04, 2023, respectively.

 Karnika Industries IPOVivaa Tradecom IPO
Anchor Bid Date
Issue OpenSep 29, 2023Sep 27, 2023
Issue CloseOct 05, 2023Oct 04, 2023
Basis Of Allotment (Tentative)Oct 10, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 11, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 12, 2023Oct 11, 2023
Listing date (Tentative)Oct 12, 2023Oct 12, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Karnika Industries IPO P/E ratio is 7.57, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.

 Karnika Industries IPOVivaa Tradecom 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
Vivaa Tradecom IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets9,430.209,803.464,918.80
Total Income14,734.5624,728.7013,402.83
Profit After Tax-6.4844.3925.48
Net Worth1,118.581,162.971,211.70
Reserves and Surplus1,116.261,160.65974.55
Total Borrowing1,354.911,113.05457.36
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0050
Promoter Shareholding (Post-Issue)73.3930.11
P/E Ratio7.5747.66
Market Cap₹94.24 Cr.₹20.08 Cr.
ROE
ROCE
Debt/Equity2.900.38
EPS₹9.66₹11.07
RoNW45.76%2.10%

Shares Offered

In the Karnika Industries IPO Retail Individual Investors (RII) are offered 15,66,400 shares while in Vivaa Tradecom IPO retail investors are offered 15,66,400 shares. Qualified Institutional Buyers (QIB) are offered in Karnika Industries IPO and in Vivaa Tradecom IPO.

 Karnika Industries IPOVivaa Tradecom IPO
Anchor Investor Reserveration
Market Maker Reserveration1,66,400 shares82,000 shares
QIB
NII15,66,400 shares7,42,000 shares
RII15,66,400 shares7,42,000 shares
Employee
Others
Total31,32,800 shares14,84,000 shares

Bids Received (Subscription)

Karnika Industries IPO subscribed 3.07x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.

 Karnika Industries IPOVivaa Tradecom IPO
QIB (times)
NII (times)3.22x0.70x
Big NII (times)
Small NII (times)
RII (times)2.91x2.86x
Employee (times)
Other (times)
Total (times)3.07x1.81x