Comparison between Comrade Appliances IPO and Kore Digital IPO.
IPO Details
Comrade Appliances IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kore Digital IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Comrade Appliances IPO is up to ₹11.69 Cr whereas the issue size of the Kore Digital IPO is up to ₹17.06 Cr. The final issue price of Comrade Appliances IPO is ₹54.00 per share and of Kore Digital IPO is ₹180.00 per share.
IPO Timetable
Comrade Appliances IPO opens on May 31, 2023, while Kore Digital IPO opens on Jun 02, 2023. The closing date of Comrade Appliances IPO and Kore Digital IPO is Jun 05, 2023, and Jun 07, 2023, respectively.
| | Comrade Appliances IPO | Kore Digital IPO |
|---|
| Anchor Bid Date | May 30, 2023 | |
| Issue Open | May 31, 2023 | Jun 02, 2023 |
| Issue Close | Jun 05, 2023 | Jun 07, 2023 |
| Basis Of Allotment (Tentative) | Jun 08, 2023 | Jun 12, 2023 |
| Initiation of Refunds (Tentative) | Jun 09, 2023 | Jun 13, 2023 |
| Credit of Share (Tentative) | Jun 12, 2023 | Jun 14, 2023 |
| Listing date (Tentative) | Jun 13, 2023 | Jun 14, 2023 |
| Anchor Lockin End date 1 | Jul 08, 2023 | |
| Anchor Lockin End date 2 | Sep 06, 2023 | |
Financials & KPIs
Comrade Appliances IPO P/E ratio is 17.14, as compared to Kore Digital IPO P/E ratio of 17.86.
Shares Offered
In the Comrade Appliances IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Kore Digital IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 4,32,000 shares in Comrade Appliances IPO and in Kore Digital IPO.
| | Comrade Appliances IPO | Kore Digital IPO |
|---|
| Anchor Investor Reservation | 6,48,000 shares | |
| Market Maker Reservation | 1,14,000 shares | 52,000 shares |
| QIB | 4,32,000 shares | |
| NII | 3,26,000 shares | 4,74,000 shares |
| RII | 7,58,000 shares | 4,74,000 shares |
| Total | 21,64,000 shares | 9,48,000 shares |
Bids Received (Subscription)
Comrade Appliances IPO subscribed 54.12x in total, whereas Kore Digital IPO subscribed 41.47x.
