Comparison between Chavda Infra IPO and Kundan Edifice IPO.
Chavda Infra 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.
| Chavda Infra IPO | Kundan Edifice IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chavda Infra IPO is up to ₹41.08 Cr whereas the issue size of the Kundan Edifice IPO is up to ₹23.94 Cr. The final issue price of Chavda Infra IPO is ₹65.00 per share and of Kundan Edifice IPO is ₹91.00 per share.
| Chavda Infra IPO | Kundan Edifice IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | |
| Issue Price (Upper) | ₹65.00 per share | |
| Issue Price (Final) | ₹65.00 per share | ₹91.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 63,20,000 shares | 26,30,400 shares |
| Fresh Issue Size (Amount) | up to ₹41.08 Cr | up to ₹23.94 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 | 63,20,000 shares | 26,30,400 shares |
| Issue Size Total (Amount) | up to ₹41.08 Cr | up to ₹23.94 Cr |
Chavda Infra IPO opens on Sep 12, 2023, while Kundan Edifice IPO opens on Sep 12, 2023. The closing date of Chavda Infra IPO and Kundan Edifice IPO is Sep 14, 2023, and Sep 15, 2023, respectively.
| Chavda Infra IPO | Kundan Edifice IPO | |
|---|---|---|
| Anchor Bid Date | Sep 11, 2023 | |
| Issue Open | Sep 12, 2023 | Sep 12, 2023 |
| Issue Close | Sep 14, 2023 | Sep 15, 2023 |
| Basis Of Allotment (Tentative) | Sep 20, 2023 | Sep 21, 2023 |
| Initiation of Refunds (Tentative) | Sep 21, 2023 | Sep 22, 2023 |
| Credit of Share (Tentative) | Sep 22, 2023 | Sep 25, 2023 |
| Listing date (Tentative) | Sep 25, 2023 | Sep 26, 2023 |
| Anchor Lockin End date 1 | Oct 20, 2023 | |
| Anchor Lockin End date 2 | Dec 19, 2023 |
Chavda Infra IPO P/E ratio is 9.72, as compared to Kundan Edifice IPO P/E ratio of 13.3.
| Chavda Infra IPO | Kundan Edifice IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 72.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.72 | 13.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹160.26 Cr. | ₹93.48 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.41% | 63.28% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.62% | 43.69% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | 1.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.69 | ₹6.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.62% | 63.28% |
In the Chavda Infra IPO Retail Individual Investors (RII) are offered 22,12,000 shares while in Kundan Edifice IPO retail investors are offered 22,12,000 shares. Qualified Institutional Buyers (QIB) are offered 12,64,000 shares in Chavda Infra IPO and in Kundan Edifice IPO.
| Chavda Infra IPO | Kundan Edifice IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,96,000 shares | |
| Market Maker Reserveration | 3,36,000 shares | 1,41,600 shares |
| QIB | 12,64,000 shares | |
| NII | 9,48,000 shares | 13,15,200 shares |
| RII | 22,12,000 shares | 13,15,200 shares |
| Employee | ||
| Others | ||
| Total | 63,20,000 shares | 26,30,400 shares |
Chavda Infra IPO subscribed 180.06x in total, whereas Kundan Edifice IPO subscribed 42.27x.
| Chavda Infra IPO | Kundan Edifice IPO | |
|---|---|---|
| QIB (times) | 95.10x | |
| NII (times) | 241.96x | 35.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 202.07x | 44.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 180.06x | 42.27x |
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