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Cellecor Gadgets IPO vs Kundan Edifice IPO

Comparison between Cellecor Gadgets IPO and Kundan Edifice IPO.

IPO Details

Cellecor Gadgets IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kundan Edifice IPO is a SME Fixed Price proposed to list at NSE SME.

 Cellecor Gadgets IPOKundan Edifice IPO
LogoCellecor Gadgets IPO LogoKundan Edifice IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersNarnolia Financial Services Ltd.Fedex Securities Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerSS Corporate Securities Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Cellecor Gadgets IPO is up to ₹48.23 Cr whereas the issue size of the Kundan Edifice IPO is up to ₹23.94 Cr. The final issue price of Cellecor Gadgets IPO is ₹92.00 per share and of Kundan Edifice IPO is ₹91.00 per share.

 Cellecor Gadgets IPOKundan Edifice IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹87.00 per share
Issue Price (Upper)₹92.00 per share
Issue Price (Final)₹92.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size52,42,800 shares26,30,400 shares
Fresh Issue Size (Amount)up to ₹48.23 Crup to ₹23.94 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total52,42,800 shares26,30,400 shares
Issue Size Total (Amount)up to ₹48.23 Crup to ₹23.94 Cr

IPO Timetable

Cellecor Gadgets IPO opens on Sep 15, 2023, while Kundan Edifice IPO opens on Sep 12, 2023. The closing date of Cellecor Gadgets IPO and Kundan Edifice IPO is Sep 20, 2023, and Sep 15, 2023, respectively.

 Cellecor Gadgets IPOKundan Edifice IPO
Anchor Bid DateSep 14, 2023
Issue OpenSep 15, 2023Sep 12, 2023
Issue CloseSep 20, 2023Sep 15, 2023
Basis Of Allotment (Tentative)Sep 25, 2023Sep 21, 2023
Initiation of Refunds (Tentative)Sep 26, 2023Sep 22, 2023
Credit of Share (Tentative)Sep 27, 2023Sep 25, 2023
Listing date (Tentative)Sep 28, 2023Sep 26, 2023
Anchor Lockin End date 1Oct 25, 2023
Anchor Lockin End date 2Dec 24, 2023

Financials & KPIs

Cellecor Gadgets IPO P/E ratio is 13.45, as compared to Kundan Edifice IPO P/E ratio of 13.3.

 Cellecor Gadgets IPOKundan Edifice IPO
Financials
Cellecor Gadgets IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets10.002,367.237,002.52
Total Income0.0012,128.9926,436.56
Profit After Tax-2.42213.56797.07
Net Worth7.58221.141,381.26
Reserves and Surplus-2.42211.141,369.94
Total Borrowing121.752,084.38
Amount in ₹ Lakhs
Kundan Edifice IPO Financial Information (Restated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets846.601,185.441,928.142,965.84
Total Income649.701,522.433,250.606,046.36
Profit After Tax4.0577.22167.82513.09
Net Worth27.68129.90297.72810.81
Reserves and Surplus-247.32-170.10-2.2860.81
Total Borrowing636.89728.65905.031,450.61
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)69.9599.00
Promoter Shareholding (Post-Issue)51.5472.28
P/E Ratio13.4513.3
Market Cap₹192.90 Cr.₹93.48 Cr.
ROE57.71%63.28%
ROCE63.88%43.69%
Debt/Equity1.511.79
EPS₹6.84₹6.84
RoNW57.71%63.28%

Shares Offered

In the Cellecor Gadgets IPO Retail Individual Investors (RII) are offered 18,34,800 shares while in Kundan Edifice IPO retail investors are offered 18,34,800 shares. Qualified Institutional Buyers (QIB) are offered 10,48,800 shares in Cellecor Gadgets IPO and in Kundan Edifice IPO.

 Cellecor Gadgets IPOKundan Edifice IPO
Anchor Investor Reserveration15,72,000 shares
Market Maker Reserveration2,76,000 shares1,41,600 shares
QIB10,48,800 shares
NII7,87,200 shares13,15,200 shares
RII18,34,800 shares13,15,200 shares
Employee
Others
Total52,42,800 shares26,30,400 shares

Bids Received (Subscription)

Cellecor Gadgets IPO subscribed 116.33x in total, whereas Kundan Edifice IPO subscribed 42.27x.

 Cellecor Gadgets IPOKundan Edifice IPO
QIB (times)57.58x
NII (times)176.54x35.68x
Big NII (times)
Small NII (times)
RII (times)124.08x44.13x
Employee (times)
Other (times)
Total (times)116.33x42.27x