Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Karnika Industries IPO vs Plada Infotech IPO

Comparison between Karnika Industries IPO and Plada Infotech IPO.

IPO Details

Karnika Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Plada Infotech IPO is a SME Fixed Price proposed to list at NSE SME.

 Karnika Industries IPOPlada Infotech IPO
LogoKarnika Industries IPO LogoPlada Infotech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Indorient Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Nikunj Stock Brokers 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 Plada Infotech IPO is up to ₹11.74 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of Plada Infotech IPO is ₹48.00 per share.

 Karnika Industries IPOPlada Infotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹76.00 per share₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size31,32,800 shares24,45,000 shares
Fresh Issue Size (Amount)up to ₹23.81 Crup to ₹11.74 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,800 shares24,45,000 shares
Issue Size Total (Amount)up to ₹23.81 Crup to ₹11.74 Cr

IPO Timetable

Karnika Industries IPO opens on Sep 29, 2023, while Plada Infotech IPO opens on Sep 29, 2023. The closing date of Karnika Industries IPO and Plada Infotech IPO is Oct 05, 2023, and Oct 05, 2023, respectively.

 Karnika Industries IPOPlada Infotech IPO
Anchor Bid Date
Issue OpenSep 29, 2023Sep 29, 2023
Issue CloseOct 05, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Oct 10, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 11, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 12, 2023Oct 11, 2023
Listing date (Tentative)Oct 12, 2023Oct 13, 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 Plada Infotech IPO P/E ratio of 12.31.

 Karnika Industries IPOPlada Infotech 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
Plada Infotech Services IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets2,711.292,760.032,720.302,811.09
Total Income5,068.204,460.864,887.396,275.12
Profit After Tax119.9366.71109.87233.82
Net Worth342.60408.44518.10752.70
Reserves and Surplus341.60407.44498.10552.70
Total Borrowing1,989.851,952.591,771.671,654.13
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0089.50
Promoter Shareholding (Post-Issue)73.3962.64
P/E Ratio7.5712.31
Market Cap₹94.24 Cr.₹41.16 Cr.
ROE37%
ROCE21%
Debt/Equity2.902.20
EPS₹9.66₹3.90
RoNW45.76%31.07%

Shares Offered

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

 Karnika Industries IPOPlada Infotech IPO
Anchor Investor Reserveration
Market Maker Reserveration1,66,400 shares1,29,000 shares
QIB
NII15,66,400 shares12,22,500 shares
RII15,66,400 shares12,22,500 shares
Employee
Others
Total31,32,800 shares24,45,000 shares

Bids Received (Subscription)

Karnika Industries IPO subscribed 3.07x in total, whereas Plada Infotech IPO subscribed 57.85x.

 Karnika Industries IPOPlada Infotech IPO
QIB (times)
NII (times)3.22x39.81x
Big NII (times)
Small NII (times)
RII (times)2.91x73.78x
Employee (times)
Other (times)
Total (times)3.07x57.85x