Comparison between Kundan Edifice IPO and Meson Valves IPO.
Kundan Edifice IPO is a SME Fixed Price IPO proposed to list at NSE SME while Meson Valves IPO is a SME Fixed Price proposed to list at BSE SME.
| Kundan Edifice IPO | Meson Valves IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Shreni Shares Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Meson Valves IPO is up to ₹29.50 Cr. The final issue price of Kundan Edifice IPO is ₹91.00 per share and of Meson Valves IPO is ₹102.00 per share.
| Kundan Edifice IPO | Meson Valves IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹91.00 per share | ₹102.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 26,30,400 shares | 28,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.94 Cr | up to ₹29.50 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 | 28,92,000 shares |
| Issue Size Total (Amount) | up to ₹23.94 Cr | up to ₹29.50 Cr |
Kundan Edifice IPO opens on Sep 12, 2023, while Meson Valves IPO opens on Sep 08, 2023. The closing date of Kundan Edifice IPO and Meson Valves IPO is Sep 15, 2023, and Sep 12, 2023, respectively.
| Kundan Edifice IPO | Meson Valves IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 12, 2023 | Sep 08, 2023 |
| Issue Close | Sep 15, 2023 | Sep 12, 2023 |
| Basis Of Allotment (Tentative) | Sep 21, 2023 | Sep 15, 2023 |
| Initiation of Refunds (Tentative) | Sep 22, 2023 | Sep 18, 2023 |
| Credit of Share (Tentative) | Sep 25, 2023 | Sep 20, 2023 |
| Listing date (Tentative) | Sep 26, 2023 | Sep 21, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Kundan Edifice IPO P/E ratio is 13.3, as compared to Meson Valves IPO P/E ratio of 15.47.
| Kundan Edifice IPO | Meson Valves IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.00 | 46.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.28 | 32.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.3 | 15.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹93.48 Cr. | ₹103.63 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 63.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.84 | ₹6.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 63.28% | 24.46% |
In the Kundan Edifice IPO Retail Individual Investors (RII) are offered 13,15,200 shares while in Meson Valves IPO retail investors are offered 13,15,200 shares. Qualified Institutional Buyers (QIB) are offered in Kundan Edifice IPO and in Meson Valves IPO.
| Kundan Edifice IPO | Meson Valves IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,41,600 shares | 1,56,000 shares |
| QIB | ||
| NII | 13,15,200 shares | 14,46,000 shares |
| RII | 13,15,200 shares | 14,46,000 shares |
| Employee | ||
| Others | ||
| Total | 26,30,400 shares | 28,92,000 shares |
Kundan Edifice IPO subscribed 42.27x in total, whereas Meson Valves IPO subscribed 173.65x.
| Kundan Edifice IPO | Meson Valves IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 35.68x | 132.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 44.13x | 203.02x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 42.27x | 173.65x |
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