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.
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.
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 IPO | Kundan Edifice IPO |
|---|
| Issue Open | Sep 08, 2023 | Sep 12, 2023 |
| Issue Close | Sep 12, 2023 | Sep 15, 2023 |
| Basis Of Allotment (Tentative) | Sep 15, 2023 | Sep 21, 2023 |
| Initiation of Refunds (Tentative) | Sep 18, 2023 | Sep 22, 2023 |
| Credit of Share (Tentative) | Sep 20, 2023 | Sep 25, 2023 |
| Listing date (Tentative) | Sep 18, 2023 | Sep 26, 2023 |
Financials & KPIs
Jiwanram Sheoduttrai IPO P/E ratio is 9.91, as compared to Kundan Edifice IPO P/E ratio of 13.3.
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 IPO | Kundan Edifice IPO |
|---|
| Market Maker Reservation | 3,72,000 shares | 1,41,600 shares |
| NII | 35,22,000 shares | 13,15,200 shares |
| RII | 35,28,000 shares | 13,15,200 shares |
| Total | 70,50,000 shares | 26,30,400 shares |
Bids Received (Subscription)
Jiwanram Sheoduttrai IPO subscribed 110.65x in total, whereas Kundan Edifice IPO subscribed 39.90x.
