Comparison between Kody Technolab IPO and Madhusudan Masala IPO.
IPO Details
Kody Technolab 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.
Issue Size and Price
The total issue size of Kody Technolab IPO is up to ₹26.14 Cr whereas the issue size of the Madhusudan Masala IPO is up to ₹22.60 Cr. The final issue price of Kody Technolab IPO is ₹160.00 per share and of Madhusudan Masala IPO is ₹70.00 per share.
IPO Timetable
Kody Technolab IPO opens on Sep 15, 2023, while Madhusudan Masala IPO opens on Sep 18, 2023. The closing date of Kody Technolab IPO and Madhusudan Masala IPO is Sep 20, 2023, and Sep 21, 2023, respectively.
| | Kody Technolab IPO | Madhusudan Masala IPO |
|---|
| Anchor Bid Date | | Sep 15, 2023 |
| Issue Open | Sep 15, 2023 | Sep 18, 2023 |
| Issue Close | Sep 20, 2023 | Sep 21, 2023 |
| Basis Of Allotment (Tentative) | Sep 25, 2023 | Sep 26, 2023 |
| Initiation of Refunds (Tentative) | Sep 26, 2023 | Sep 27, 2023 |
| Credit of Share (Tentative) | Sep 27, 2023 | Sep 29, 2023 |
| Listing date (Tentative) | Sep 27, 2023 | Sep 26, 2023 |
| Anchor Lockin End date 1 | | Oct 26, 2023 |
| Anchor Lockin End date 2 | | Dec 25, 2023 |
Financials & KPIs
Kody Technolab IPO P/E ratio is 22.66, as compared to Madhusudan Masala IPO P/E ratio of 10.08.
Shares Offered
In the Kody Technolab IPO Retail Individual Investors (RII) are offered 8,16,800 shares while in Madhusudan Masala IPO retail investors are offered 8,16,800 shares. Qualified Institutional Buyers (QIB) are offered in Kody Technolab IPO and 6,46,000 shares in Madhusudan Masala IPO.
| | Kody Technolab IPO | Madhusudan Masala IPO |
|---|
| Anchor Investor Reservation | | 9,66,000 shares |
| Market Maker Reservation | 86,400 shares | 1,72,000 shares |
| QIB | | 6,46,000 shares |
| NII | 8,16,800 shares | 4,86,000 shares |
| RII | 8,16,800 shares | 11,30,000 shares |
| Total | 16,33,600 shares | 32,28,000 shares |
Bids Received (Subscription)
Kody Technolab IPO subscribed 47.36x in total, whereas Madhusudan Masala IPO subscribed 311.32x.
