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.
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.
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 IPO | Vivaa Tradecom IPO |
|---|
| Issue Open | Sep 29, 2023 | Sep 27, 2023 |
| Issue Close | Oct 05, 2023 | Oct 04, 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 12, 2023 |
Financials & KPIs
Karnika Industries IPO P/E ratio is 7.57, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.
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 IPO | Vivaa Tradecom IPO |
|---|
| Market Maker Reservation | 1,66,400 shares | 82,000 shares |
| NII | 15,66,400 shares | 7,42,000 shares |
| RII | 15,66,400 shares | 7,42,000 shares |
| Total | 31,32,800 shares | 14,84,000 shares |
Bids Received (Subscription)
Karnika Industries IPO subscribed 3.07x in total, whereas Vivaa Tradecom IPO subscribed 1.78x.
