Comparison between Kore Digital IPO and Proventus Agrocom IPO.
Kore Digital IPO is a SME Fixed Price IPO proposed to list at NSE SME while Proventus Agrocom IPO is a SME Fixed Price proposed to list at NSE SME.
| Kore Digital IPO | Proventus Agrocom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | First Overseas Capital Ltd. | Sundae Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Ajcon Global Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kore Digital IPO is up to ₹17.06 Cr whereas the issue size of the Proventus Agrocom IPO is up to ₹66.06 Cr. The final issue price of Kore Digital IPO is ₹180.00 per share and of Proventus Agrocom IPO is ₹771.00 per share.
| Kore Digital IPO | Proventus Agrocom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹180.00 per share | ₹771.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 160 shares |
| Fresh Issue Size | 9,48,000 shares | 6,26,653 shares |
| Fresh Issue Size (Amount) | up to ₹17.06 Cr | up to ₹48.31 Cr |
| OFS Issue Size | 0 shares | 2,30,147 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹17.74 Cr |
| Issue Size Total | 9,48,000 shares | 8,56,800 shares |
| Issue Size Total (Amount) | up to ₹17.06 Cr | up to ₹66.06 Cr |
Kore Digital IPO opens on Jun 02, 2023, while Proventus Agrocom IPO opens on May 24, 2023. The closing date of Kore Digital IPO and Proventus Agrocom IPO is Jun 07, 2023, and May 26, 2023, respectively.
| Kore Digital IPO | Proventus Agrocom IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 02, 2023 | May 24, 2023 |
| Issue Close | Jun 07, 2023 | May 26, 2023 |
| Basis Of Allotment (Tentative) | Jun 12, 2023 | May 31, 2023 |
| Initiation of Refunds (Tentative) | Jun 13, 2023 | Jun 01, 2023 |
| Credit of Share (Tentative) | Jun 14, 2023 | Jun 02, 2023 |
| Listing date (Tentative) | Jun 14, 2023 | Jun 05, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Kore Digital IPO P/E ratio is 17.86, as compared to Proventus Agrocom IPO P/E ratio of 186.23.
| Kore Digital IPO | Proventus Agrocom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.70 | 92.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.38 | 70.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.86 | 186.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹63.36 Cr. | ₹264.27 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 0.67 | 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.49 | 4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.36 | 0.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.08 | ₹4.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 50.18 | 1.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kore Digital IPO Retail Individual Investors (RII) are offered 4,74,000 shares while in Proventus Agrocom IPO retail investors are offered 4,74,000 shares. Qualified Institutional Buyers (QIB) are offered in Kore Digital IPO and in Proventus Agrocom IPO.
| Kore Digital IPO | Proventus Agrocom IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 52,000 shares | 45,120 shares |
| QIB | ||
| NII | 4,74,000 shares | 4,28,450 shares |
| RII | 4,74,000 shares | 4,28,450 shares |
| Employee | ||
| Others | ||
| Total | 9,48,000 shares | 8,56,900 shares |
Kore Digital IPO subscribed 41.56x in total, whereas Proventus Agrocom IPO subscribed 2.70x.
| Kore Digital IPO | Proventus Agrocom IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 49.67x | 4.65x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.26x | 0.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.56x | 2.70x |
