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Jiwanram Sheoduttrai IPO vs Kundan Edifice IPO

Comparison between Jiwanram Sheoduttrai IPO and Kundan Edifice IPO.

IPO Details

Jiwanram Sheoduttrai 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.

 Jiwanram Sheoduttrai IPOKundan Edifice IPO
LogoJiwanram Sheoduttrai IPO LogoKundan Edifice IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersAffinity Global Capital Market Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Cameo Corporate Services Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Jiwanram Sheoduttrai IPO is up to ₹16.22 Cr whereas the issue size of the Kundan Edifice IPO is up to ₹23.94 Cr. The final issue price of Jiwanram Sheoduttrai IPO is ₹23.00 per share and of Kundan Edifice IPO is ₹91.00 per share.

 Jiwanram Sheoduttrai IPOKundan Edifice IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹23.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares1200 shares
Fresh Issue Size70,50,000 shares26,30,400 shares
Fresh Issue Size (Amount)up to ₹16.22 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 Total70,50,000 shares26,30,400 shares
Issue Size Total (Amount)up to ₹16.22 Crup to ₹23.94 Cr

IPO Timetable

Jiwanram Sheoduttrai IPO opens on Sep 08, 2023, while Kundan Edifice IPO opens on Sep 12, 2023. The closing date of Jiwanram Sheoduttrai IPO and Kundan Edifice IPO is Sep 12, 2023, and Sep 15, 2023, respectively.

 Jiwanram Sheoduttrai IPOKundan Edifice IPO
Anchor Bid Date
Issue OpenSep 08, 2023Sep 12, 2023
Issue CloseSep 12, 2023Sep 15, 2023
Basis Of Allotment (Tentative)Sep 15, 2023Sep 21, 2023
Initiation of Refunds (Tentative)Sep 18, 2023Sep 22, 2023
Credit of Share (Tentative)Sep 20, 2023Sep 25, 2023
Listing date (Tentative)Sep 18, 2023Sep 26, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Jiwanram Sheoduttrai IPO P/E ratio is 9.91, as compared to Kundan Edifice IPO P/E ratio of 13.3.

 Jiwanram Sheoduttrai IPOKundan Edifice IPO
Financials
Jiwanram Sheoduttrai Industries IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets12,104.1711,377.2512,112.36
Total Income3,281.343,414.894,598.41
Profit After Tax2.98149.69402.65
Net Worth4,307.144,428.274,802.36
Reserves and Surplus3,812.113,933.243,069.74
Total Borrowing4,883.695,230.925,258.99
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)10099.00
Promoter Shareholding (Post-Issue)70.0172.28
P/E Ratio9.9113.3
Market Cap₹56.92 Cr.₹93.48 Cr.
ROE8.38%63.28%
ROCE7.29%43.69%
Debt/Equity1.101.79
EPS₹2.32₹6.84
RoNW8.38%63.28%

Shares Offered

In the Jiwanram Sheoduttrai IPO Retail Individual Investors (RII) are offered 35,28,000 shares while in Kundan Edifice IPO retail investors are offered 35,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Jiwanram Sheoduttrai IPO and in Kundan Edifice IPO.

 Jiwanram Sheoduttrai IPOKundan Edifice IPO
Anchor Investor Reserveration
Market Maker Reserveration3,72,000 shares1,41,600 shares
QIB
NII35,22,000 shares13,15,200 shares
RII35,28,000 shares13,15,200 shares
Employee
Others
Total70,50,000 shares26,30,400 shares

Bids Received (Subscription)

Jiwanram Sheoduttrai IPO subscribed 112.96x in total, whereas Kundan Edifice IPO subscribed 42.27x.

 Jiwanram Sheoduttrai IPOKundan Edifice IPO
QIB (times)
NII (times)69.75x35.68x
Big NII (times)
Small NII (times)
RII (times)151.47x44.13x
Employee (times)
Other (times)
Total (times)112.96x42.27x