Comparison between Kundan Edifice IPO and Madhusudan Masala IPO.
Kundan Edifice IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Madhusudan Masala IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kundan Edifice IPO | Madhusudan Masala IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kundan Edifice IPO is up to ₹23.94 Cr whereas the issue size of the Madhusudan Masala IPO is up to ₹22.60 Cr. The final issue price of Kundan Edifice IPO is ₹91.00 per share and of Madhusudan Masala IPO is ₹70.00 per share.
| Kundan Edifice IPO | Madhusudan Masala IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹91.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 26,30,400 shares | 32,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.94 Cr | up to ₹22.60 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 | 26,30,400 shares | 32,28,000 shares |
| Issue Size Total (Amount) | up to ₹23.94 Cr | up to ₹22.60 Cr |
Kundan Edifice IPO opens on Sep 12, 2023, while Madhusudan Masala IPO opens on Sep 18, 2023. The closing date of Kundan Edifice IPO and Madhusudan Masala IPO is Sep 15, 2023, and Sep 21, 2023, respectively.
| Kundan Edifice IPO | Madhusudan Masala IPO | |
|---|---|---|
| Anchor Bid Date | Sep 15, 2023 | |
| Issue Open | Sep 12, 2023 | Sep 18, 2023 |
| Issue Close | Sep 15, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 21, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Sep 22, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Sep 25, 2023 | Sep 29, 2023 |
| Listing date (Tentative) | Sep 26, 2023 | Sep 26, 2023 |
| Anchor Lockin End date 1 | Oct 26, 2023 | |
| Anchor Lockin End date 2 | Dec 25, 2023 |
Kundan Edifice IPO P/E ratio is 13.3, as compared to Madhusudan Masala IPO P/E ratio of 10.08.
| Kundan Edifice IPO | Madhusudan Masala IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.28 | 73.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.3 | 10.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹93.48 Cr. | ₹90.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 63.28% | 101.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.69% | 20.08% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.79 | 3.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.84 | ₹6.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 63.28% | 52.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kundan Edifice IPO Retail Individual Investors (RII) are offered 13,15,200 shares while in Madhusudan Masala IPO retail investors are offered 13,15,200 shares. Qualified Institutional Buyers (QIB) are offered in Kundan Edifice IPO and 6,46,000 shares in Madhusudan Masala IPO.
| Kundan Edifice IPO | Madhusudan Masala IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,66,000 shares | |
| Market Maker Reservation | 1,41,600 shares | 1,72,000 shares |
| QIB | 6,46,000 shares | |
| NII | 13,15,200 shares | 4,86,000 shares |
| RII | 13,15,200 shares | 11,30,000 shares |
| Employee | ||
| Others | ||
| Total | 26,30,400 shares | 32,28,000 shares |
Kundan Edifice IPO subscribed 42.27x in total, whereas Madhusudan Masala IPO subscribed 444.27x.
| Kundan Edifice IPO | Madhusudan Masala IPO | |
|---|---|---|
| QIB (times) | 86.91x | |
| NII (times) | 35.68x | 574.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 44.13x | 592.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 42.27x | 444.27x |
