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Karnika Industries IPO vs On Door Concepts IPO

Comparison between Karnika Industries IPO and On Door Concepts IPO.

IPO Details

Karnika Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while On Door Concepts IPO is a SME Fixed Price proposed to list at NSE SME.

 Karnika Industries IPOOn Door Concepts IPO
LogoKarnika Industries IPO LogoOn Door Concepts IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.First Overseas Capital Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Bhh Securities 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 Karnika Industries IPO is up to ₹23.81 Cr whereas the issue size of the On Door Concepts IPO is up to ₹29.38 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of On Door Concepts IPO is ₹208.00 per share.

 Karnika Industries IPOOn Door Concepts IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹76.00 per share₹208.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares600 shares
Fresh Issue Size31,32,800 shares14,12,400 shares
Fresh Issue Size (Amount)up to ₹23.81 Crup to ₹29.38 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,800 shares14,12,400 shares
Issue Size Total (Amount)up to ₹23.81 Crup to ₹29.38 Cr

IPO Timetable

Karnika Industries IPO opens on Sep 29, 2023, while On Door Concepts IPO opens on Oct 23, 2023. The closing date of Karnika Industries IPO and On Door Concepts IPO is Oct 05, 2023, and Oct 27, 2023, respectively.

 Karnika Industries IPOOn Door Concepts IPO
Anchor Bid Date
Issue OpenSep 29, 2023Oct 23, 2023
Issue CloseOct 05, 2023Oct 27, 2023
Basis Of Allotment (Tentative)Oct 10, 2023Oct 31, 2023
Initiation of Refunds (Tentative)Oct 11, 2023Nov 01, 2023
Credit of Share (Tentative)Oct 12, 2023Nov 01, 2023
Listing date (Tentative)Oct 12, 2023Nov 01, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Karnika Industries IPO P/E ratio is 7.57, as compared to On Door Concepts IPO P/E ratio of 4.56.

 Karnika Industries IPOOn Door Concepts IPO
Financials
Karnika Industries IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets3,055.875,921.4210,071.04
Total Income4,779.319,892.5212,605.62
Profit After Tax81.61454.01826.74
Net Worth378.141,860.881,806.83
Reserves and Surplus896.80
Total Borrowing1,570.942,224.135,245.53
Amount in ₹ Lakhs

On Door Concepts Limited Financial Information (Restated)

On Door Concepts Limited's revenue increased by 3.93% and profit after tax (PAT) rose by 343.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets9,009.467,782.376,563.49
Total Income18,015.0217,333.0918,306.01
Profit After Tax1,306.18-536.98-523.44
Net Worth5,120.78-6,625.38-6,088.40
Reserves and Surplus4,734.32-6,827.89-6,290.91
Total Borrowing
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0051.92
Promoter Shareholding (Post-Issue)73.3938.14
P/E Ratio7.574.56
Market Cap₹94.24 Cr.₹117.49 Cr.
ROE25.51%
ROCE50.90%
Debt/Equity2.90
EPS₹9.66₹56.77
RoNW45.76%25.51%

Shares Offered

In the Karnika Industries IPO Retail Individual Investors (RII) are offered 15,66,400 shares while in On Door Concepts IPO retail investors are offered 15,66,400 shares. Qualified Institutional Buyers (QIB) are offered in Karnika Industries IPO and in On Door Concepts IPO.

 Karnika Industries IPOOn Door Concepts IPO
Anchor Investor Reserveration
Market Maker Reserveration1,66,400 shares86,400 shares
QIB
NII15,66,400 shares7,06,200 shares
RII15,66,400 shares7,06,200 shares
Employee
Others
Total31,32,800 shares14,12,400 shares

Bids Received (Subscription)

Karnika Industries IPO subscribed 3.07x in total, whereas On Door Concepts IPO subscribed 5.59x.

 Karnika Industries IPOOn Door Concepts IPO
QIB (times)
NII (times)3.22x3.16x
Big NII (times)
Small NII (times)
RII (times)2.91x7.87x
Employee (times)
Other (times)
Total (times)3.07x5.59x