Comparison between Karnika Industries IPO and Vinyas Innovative Technologies IPO.
Karnika Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinyas Innovative Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Karnika Industries IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Karnika Industries IPO is up to ₹23.81 Cr whereas the issue size of the Vinyas Innovative Technologies IPO is up to ₹51.92 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of Vinyas Innovative Technologies IPO is ₹165.00 per share.
| Karnika Industries IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹162.00 per share | |
| Issue Price (Upper) | ₹165.00 per share | |
| Issue Price (Final) | ₹76.00 per share | ₹165.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 800 shares |
| Fresh Issue Size | 31,32,800 shares | 31,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹23.81 Cr | up to ₹51.92 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 | 31,32,800 shares | 31,46,400 shares |
| Issue Size Total (Amount) | up to ₹23.81 Cr | up to ₹51.92 Cr |
Karnika Industries IPO opens on Sep 29, 2023, while Vinyas Innovative Technologies IPO opens on Sep 27, 2023. The closing date of Karnika Industries IPO and Vinyas Innovative Technologies IPO is Oct 05, 2023, and Oct 03, 2023, respectively.
| Karnika Industries IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Sep 29, 2023 | Sep 27, 2023 |
| Issue Close | Oct 05, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 10, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 11, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 12, 2023 | Oct 05, 2023 |
| Listing date (Tentative) | Oct 12, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | Nov 03, 2023 | |
| Anchor Lockin End date 2 | Jan 02, 2024 |
Karnika Industries IPO P/E ratio is 7.57, as compared to Vinyas Innovative Technologies IPO P/E ratio of 8.4.
| Karnika Industries IPO | Vinyas Innovative Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 39.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.39 | 29.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 7.57 | 8.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹94.24 Cr. | ₹207.65 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.13% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.90 | 1.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.66 | ₹19.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.76% | 16.13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Karnika Industries IPO Retail Individual Investors (RII) are offered 15,66,400 shares while in Vinyas Innovative Technologies IPO retail investors are offered 15,66,400 shares. Qualified Institutional Buyers (QIB) are offered in Karnika Industries IPO and 6,29,600 shares in Vinyas Innovative Technologies IPO.
| Karnika Industries IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,43,200 shares | |
| Market Maker Reservation | 1,66,400 shares | 1,66,400 shares |
| QIB | 6,29,600 shares | |
| NII | 15,66,400 shares | 4,72,000 shares |
| RII | 15,66,400 shares | 11,01,600 shares |
| Employee | ||
| Others | ||
| Total | 31,32,800 shares | 31,46,400 shares |
Karnika Industries IPO subscribed 3.07x in total, whereas Vinyas Innovative Technologies IPO subscribed 43.24x.
| Karnika Industries IPO | Vinyas Innovative Technologies IPO | |
|---|---|---|
| QIB (times) | 42.74x | |
| NII (times) | 3.22x | 95.16x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.91x | 21.27x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.07x | 43.24x |
