Comparison between Canarys Automations IPO and Kontor Space IPO.
Canarys Automations IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kontor Space IPO is a SME Fixed Price proposed to list at NSE SME.
| Canarys Automations IPO | Kontor Space IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Alacrity Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Canarys Automations IPO is up to ₹44.68 Cr whereas the issue size of the Kontor Space IPO is up to ₹14.82 Cr. The final issue price of Canarys Automations IPO is ₹31.00 per share and of Kontor Space IPO is ₹93.00 per share.
| Canarys Automations IPO | Kontor Space IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹29.00 per share | |
| Issue Price (Upper) | ₹31.00 per share | |
| Issue Price (Final) | ₹31.00 per share | ₹93.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1200 shares |
| Fresh Issue Size | 1,44,12,000 shares | 15,93,600 shares |
| Fresh Issue Size (Amount) | up to ₹44.68 Cr | up to ₹14.82 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 | 1,44,12,000 shares | 15,93,600 shares |
| Issue Size Total (Amount) | up to ₹44.68 Cr | up to ₹14.82 Cr |
Canarys Automations IPO opens on Sep 27, 2023, while Kontor Space IPO opens on Sep 27, 2023. The closing date of Canarys Automations IPO and Kontor Space IPO is Oct 03, 2023, and Oct 03, 2023, respectively.
| Canarys Automations IPO | Kontor Space IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Sep 27, 2023 | Sep 27, 2023 |
| Issue Close | Oct 03, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 06, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Oct 09, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 10, 2023 | Oct 09, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 10, 2023 |
| Anchor Lockin End date 1 | Nov 05, 2023 | |
| Anchor Lockin End date 2 | Jan 04, 2024 |
Canarys Automations IPO P/E ratio is 15.82, as compared to Kontor Space IPO P/E ratio of 22.27.
| Canarys Automations IPO | Kontor Space IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 77.49 | 98.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.82 | 22.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹174.17 Cr. | ₹57.47 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.82% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.92 | ₹9.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.64% | 40.82% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Canarys Automations IPO Retail Individual Investors (RII) are offered 50,48,000 shares while in Kontor Space IPO retail investors are offered 50,48,000 shares. Qualified Institutional Buyers (QIB) are offered 39,68,000 shares in Canarys Automations IPO and in Kontor Space IPO.
| Canarys Automations IPO | Kontor Space IPO | |
|---|---|---|
| Anchor Investor Reservation | 32,32,000 shares | |
| Market Maker Reservation | 7,60,000 shares | 86,400 shares |
| QIB | 39,68,000 shares | |
| NII | 21,64,000 shares | 7,96,800 shares |
| RII | 50,48,000 shares | 7,96,800 shares |
| Employee | ||
| Others | ||
| Total | 1,44,12,000 shares | 15,93,600 shares |
Canarys Automations IPO subscribed 9.94x in total, whereas Kontor Space IPO subscribed 70.97x.
| Canarys Automations IPO | Kontor Space IPO | |
|---|---|---|
| QIB (times) | 2.73x | |
| NII (times) | 14.29x | 41.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.70x | 95.49x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.94x | 70.97x |
