Kundan Edifice IPO vs Unihealth Consultancy IPO

Comparison between Kundan Edifice IPO and Unihealth Consultancy IPO.

IPO Details

Kundan Edifice IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Unihealth Consultancy IPO is a SME Bookbuilding proposed to list at NSE SME.

	Kundan Edifice IPO	Unihealth Consultancy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt.Ltd.	Unistone Capital Pvt.Ltd.
Registrar	Cameo Corporate Services Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Gretex Share Broking Pvt.Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Kundan Edifice IPO is up to ₹23.94 Cr whereas the issue size of the Unihealth Consultancy IPO is up to ₹53.70 Cr. The final issue price of Kundan Edifice IPO is ₹91.00 per share and of Unihealth Consultancy IPO is ₹132.00 per share.

	Kundan Edifice IPO	Unihealth Consultancy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹126.00 per share
Issue Price (Upper)		₹132.00 per share
Issue Price (Final)	₹91.00 per share	₹132.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	26,30,400 shares	40,68,000 shares
Fresh Issue Size (Amount)	up to ₹23.94 Cr	up to ₹53.70 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	26,30,400 shares	40,68,000 shares
Issue Size Total (Amount)	up to ₹23.94 Cr	up to ₹53.70 Cr

IPO Timetable

Kundan Edifice IPO opens on Sep 12, 2023, while Unihealth Consultancy IPO opens on Sep 08, 2023. The closing date of Kundan Edifice IPO and Unihealth Consultancy IPO is Sep 15, 2023, and Sep 12, 2023, respectively.

	Kundan Edifice IPO	Unihealth Consultancy IPO
Anchor Bid Date		Sep 07, 2023
Issue Open	Sep 12, 2023	Sep 08, 2023
Issue Close	Sep 15, 2023	Sep 12, 2023
Basis Of Allotment (Tentative)	Sep 21, 2023	Sep 15, 2023
Initiation of Refunds (Tentative)	Sep 22, 2023	Sep 18, 2023
Credit of Share (Tentative)	Sep 25, 2023	Sep 20, 2023
Listing date (Tentative)	Sep 26, 2023	Sep 21, 2023
Anchor Lockin End date 1		Oct 15, 2023
Anchor Lockin End date 2		Dec 14, 2023

Financials & KPIs

Kundan Edifice IPO P/E ratio is 13.3, as compared to Unihealth Consultancy IPO P/E ratio of 19.02.

Kundan Edifice IPO

Unihealth Consultancy IPO

Financials

Kundan Edifice IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	846.60	1,185.44	1,928.14	2,965.84
Total Income	649.70	1,522.43	3,250.60	6,046.36
Profit After Tax	4.05	77.22	167.82	513.09
Net Worth	27.68	129.90	297.72	810.81
Reserves and Surplus	-247.32	-170.10	-2.28	60.81
Total Borrowing	636.89	728.65	905.03	1,450.61

Amount in ₹ Lakhs

Unihealth Consultancy IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,838.87	6,478.65	7,833.32
Total Income	2,863.51	3,792.69	4,603.01
Profit After Tax	500.89	382.02	768.00
Net Worth	1,070.36	1,479.17	2,612.83
Reserves and Surplus	936.17	1,344.98	2,612.83
Total Borrowing	3,871.05	3,801.30	3,926.67

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.00

95.32

Promoter Shareholding (Post-Issue)

72.28

P/E Ratio

13.3

19.02

Market Cap

₹93.48 Cr.

₹203.28 Cr.

ROE

63.28%

36.19%

ROCE

43.69%

20.99%

Debt/Equity

1.79

1.43

EPS

₹6.84

₹6.94

RoNW

63.28%

27.91%

Shares Offered

In the Kundan Edifice IPO Retail Individual Investors (RII) are offered 13,15,200 shares while in Unihealth Consultancy IPO retail investors are offered 13,15,200 shares. Qualified Institutional Buyers (QIB) are offered in Kundan Edifice IPO and 8,15,000 shares in Unihealth Consultancy IPO.

	Kundan Edifice IPO	Unihealth Consultancy IPO
Anchor Investor Reserveration		12,18,000 shares
Market Maker Reserveration	1,41,600 shares	2,16,000 shares
QIB		8,15,000 shares
NII	13,15,200 shares	6,11,000 shares
RII	13,15,200 shares	14,24,000 shares
Employee
Others
Total	26,30,400 shares	40,68,000 shares

Bids Received (Subscription)

Kundan Edifice IPO subscribed 42.27x in total, whereas Unihealth Consultancy IPO subscribed 18.22x.

	Kundan Edifice IPO	Unihealth Consultancy IPO
QIB (times)		5.97x
NII (times)	35.68x	37.65x
Big NII (times)
Small NII (times)
RII (times)	44.13x	24.61x
Employee (times)
Other (times)
Total (times)	42.27x	18.22x

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Unihealth Consultancy IPO	Basilic Fly Studio IPO
Kahan Packaging IPO	C P S Shapers IPO