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Koura Fine Diamond Jewelry IPO vs Sona Machinery IPO

Comparison between Koura Fine Diamond Jewelry IPO and Sona Machinery IPO.

IPO Details

Koura Fine Diamond Jewelry IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sona Machinery IPO is a SME Bookbuilding proposed to list at NSE SME.

 Koura Fine Diamond Jewelry IPOSona Machinery IPO
LogoKoura Fine Diamond Jewelry IPO LogoSona Machinery IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.Maashitla Securities Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Koura Fine Diamond Jewelry IPO is up to ₹5.12 Cr whereas the issue size of the Sona Machinery IPO is up to ₹49.22 Cr. The final issue price of Koura Fine Diamond Jewelry IPO is ₹55.00 per share and of Sona Machinery IPO is ₹143.00 per share.

 Koura Fine Diamond Jewelry IPOSona Machinery IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹136.00 per share
Issue Price (Upper)₹143.00 per share
Issue Price (Final)₹55.00 per share₹143.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size9,30,000 shares34,42,000 shares
Fresh Issue Size (Amount)up to ₹5.12 Crup to ₹49.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total9,30,000 shares34,42,000 shares
Issue Size Total (Amount)up to ₹5.12 Crup to ₹49.22 Cr

IPO Timetable

Koura Fine Diamond Jewelry IPO opens on Mar 06, 2024, while Sona Machinery IPO opens on Mar 05, 2024. The closing date of Koura Fine Diamond Jewelry IPO and Sona Machinery IPO is Mar 11, 2024, and Mar 07, 2024, respectively.

 Koura Fine Diamond Jewelry IPOSona Machinery IPO
Anchor Bid DateMar 04, 2024
Issue OpenMar 06, 2024Mar 05, 2024
Issue CloseMar 11, 2024Mar 07, 2024
Basis Of Allotment (Tentative)Mar 12, 2024Mar 11, 2024
Initiation of Refunds (Tentative)Mar 13, 2024Mar 12, 2024
Credit of Share (Tentative)Mar 13, 2024Mar 12, 2024
Listing date (Tentative)Mar 14, 2024Mar 13, 2024
Anchor Lockin End date 1Apr 10, 2024
Anchor Lockin End date 2Jun 09, 2024

Financials & KPIs

Koura Fine Diamond Jewelry IPO P/E ratio is 106.7, as compared to Sona Machinery IPO P/E ratio of 18.8.

 Koura Fine Diamond Jewelry IPOSona Machinery IPO
Financials

Koura Fine Diamond Jewelry Limited Financial Information (Restated)

Period Ended30 Sep 202331 Mar 2023
Assets352.53327.34
Total Income601.84556.35
Profit After Tax17.0113.41
Net Worth286.06269.06
Reserves and Surplus25.91221.76
Total Borrowing48.8451.80
Amount in ₹ Lakhs

Sona Machinery Limited Financial Information (Restated Standalone)

Sona Machinery Limited's revenue increased by 82.3% and profit after tax (PAT) rose by 135.35% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,211.302,858.191,516.58732.21
Total Income6,288.118,118.064,453.07606.33
Profit After Tax647.82768.36326.4727.81
Net Worth1,780.161,132.34363.9837.51
Reserves and Surplus770.161,122.34353.9827.51
Total Borrowing112.94252.60236.61
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100.00
Promoter Shareholding (Post-Issue)72.2373.59
P/E Ratio106.718.8
Market Cap₹19.81 Cr.₹196.25 Cr.
ROE6.13%44.49%
ROCE7.64%46.61%
Debt/Equity0.170.06
EPS₹0.52₹7.61
RoNW5.95%36.39%

Shares Offered

In the Koura Fine Diamond Jewelry IPO Retail Individual Investors (RII) are offered 4,65,000 shares while in Sona Machinery IPO retail investors are offered 4,65,000 shares. Qualified Institutional Buyers (QIB) are offered in Koura Fine Diamond Jewelry IPO and 6,88,000 shares in Sona Machinery IPO.

 Koura Fine Diamond Jewelry IPOSona Machinery IPO
Anchor Investor Reserveration10,32,000 shares
Market Maker Reserveration70,000 shares1,82,000 shares
QIB6,88,000 shares
NII4,65,000 shares5,17,000 shares
RII4,65,000 shares12,05,000 shares
Employee
Others
Total9,30,000 shares34,42,000 shares

Bids Received (Subscription)

Koura Fine Diamond Jewelry IPO subscribed 733.01x in total, whereas Sona Machinery IPO subscribed 273.50x.

 Koura Fine Diamond Jewelry IPOSona Machinery IPO
QIB (times)129.72x
NII (times)373.66x554.42x
Big NII (times)
Small NII (times)
RII (times)1,083.98x235.06x
Employee (times)
Other (times)
Total (times)733.01x273.50x