AVP Infracon IPO vs Shree Karni Fabcom IPO

Comparison between AVP Infracon IPO and Shree Karni Fabcom IPO.

IPO Details

AVP Infracon IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shree Karni Fabcom IPO is a SME Bookbuilding proposed to list at NSE SME.

	AVP Infracon IPO	Shree Karni Fabcom IPO
Logo	$AVP Infracon IPO Logo$
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Share India Capital Services Pvt.Ltd.	Horizon Management Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	MAS Services Ltd.
Market Maker	Share India Securities Ltd.	MLB Stock Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of AVP Infracon IPO is up to ₹46.86 Cr whereas the issue size of the Shree Karni Fabcom IPO is up to ₹40.37 Cr. The final issue price of AVP Infracon IPO is ₹75.00 per share and of Shree Karni Fabcom IPO is ₹227.00 per share.

	AVP Infracon IPO	Shree Karni Fabcom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹71.00 per share	₹220.00 per share
Issue Price (Upper)	₹75.00 per share	₹227.00 per share
Issue Price (Final)	₹75.00 per share	₹227.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	600 shares
Fresh Issue Size	62,48,000 shares	17,78,400 shares
Fresh Issue Size (Amount)	up to ₹46.86 Cr	up to ₹40.37 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	62,48,000 shares	17,78,400 shares
Issue Size Total (Amount)	up to ₹46.86 Cr	up to ₹40.37 Cr

IPO Timetable

AVP Infracon IPO opens on Mar 13, 2024, while Shree Karni Fabcom IPO opens on Mar 06, 2024. The closing date of AVP Infracon IPO and Shree Karni Fabcom IPO is Mar 15, 2024, and Mar 11, 2024, respectively.

	AVP Infracon IPO	Shree Karni Fabcom IPO
Anchor Bid Date	Mar 12, 2024	Mar 05, 2024
Issue Open	Mar 13, 2024	Mar 06, 2024
Issue Close	Mar 15, 2024	Mar 11, 2024
Basis Of Allotment (Tentative)	Mar 18, 2024	Mar 12, 2024
Initiation of Refunds (Tentative)	Mar 19, 2024	Mar 13, 2024
Credit of Share (Tentative)	Mar 19, 2024	Mar 13, 2024
Listing date (Tentative)	Mar 20, 2024	Mar 14, 2024
Anchor Lockin End date 1	Apr 17, 2024	Apr 11, 2024
Anchor Lockin End date 2	Jun 16, 2024	Jun 10, 2024

Financials & KPIs

AVP Infracon IPO P/E ratio is 11.2, as compared to Shree Karni Fabcom IPO P/E ratio of 21.26.

AVP Infracon IPO

Shree Karni Fabcom IPO

Financials

AVP Infracon Limited Financial Information (Restated Consolidated)

Period Ended	31 Oct 2023	31 Mar 2023
Assets	17,232.87	14,670.84
Total Income	7,411.90	11,550.09
Profit After Tax	855.78	1,205.31
Net Worth	3,405.31	2,549.66
Reserves and Surplus	1,605.31	2,069.66
Total Borrowing	7,791.95	6,729.31
Amount in ₹ Lakhs

Shree Karni Fabcom Limited Financial Information (Restated Consolidated)

Shree Karni Fabcom Limited's revenue increased by 51.87% and profit after tax (PAT) rose by 7.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,124.38	9,864.25	5,911.11	2,743.05
Total Income	7,599.48	12,704.05	8,365.18	3,289.86
Profit After Tax	813.44	555.25	514.84	153.48
Net Worth	1,912.17	2,602.24	1,321.61	671.23
Reserves and Surplus	1,392.17	2,502.24	1,221.61	571.23
Total Borrowing	9,504.27	3,658.72	2,718.09	1,451.30
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.5

96.16

Promoter Shareholding (Post-Issue)

62.33

70.07

P/E Ratio

11.2

21.26

Market Cap

₹187.34 Cr.

₹160.53 Cr.

ROE

25.05%

42.56%

ROCE

22.63%

11.34%

Debt/Equity

1.96

EPS

₹6.70

₹10.68

RoNW

25.05%

42.56%

Shares Offered

In the AVP Infracon IPO Retail Individual Investors (RII) are offered 21,90,400 shares while in Shree Karni Fabcom IPO retail investors are offered 21,90,400 shares. Qualified Institutional Buyers (QIB) are offered 12,48,000 shares in AVP Infracon IPO and 3,55,800 shares in Shree Karni Fabcom IPO.

	AVP Infracon IPO	Shree Karni Fabcom IPO
Anchor Investor Reserveration	18,70,400 shares	5,32,800 shares
Market Maker Reserveration	7,31,200 shares	93,600 shares
QIB	12,48,000 shares	3,55,800 shares
NII	9,39,200 shares	2,67,000 shares
RII	21,90,400 shares	6,22,800 shares
Employee
Others
Total	62,48,000 shares	17,78,400 shares

Bids Received (Subscription)

AVP Infracon IPO subscribed 21.45x in total, whereas Shree Karni Fabcom IPO subscribed 296.43x.

	AVP Infracon IPO	Shree Karni Fabcom IPO
QIB (times)	1.05x	112.94x
NII (times)	46.15x	461.58x
Big NII (times)
Small NII (times)
RII (times)	22.49x	330.45x
Employee (times)
Other (times)
Total (times)	21.45x	296.43x

Compare with others

AVP Infracon IPO	Shree Karni Fabcom IPO
Chatha Foods IPO	Royal Sense IPO
Enser Communications IPO	AVP Infracon IPO
Enfuse Solutions IPO	Signoria Creation IPO
KP Green Engineering IPO	Pratham EPC Projects IPO
Royal Sense IPO	Koura Fine Diamond Jewelry IPO
Signoria Creation IPO	V R Infraspace IPO
Pratham EPC Projects IPO	Sona Machinery IPO
Koura Fine Diamond Jewelry IPO	Pune E-Stock Broking IPO
Shree Karni Fabcom IPO	M.V.K.Agro Food Product IPO
V R Infraspace IPO	Owais Metal IPO