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Arvind & Co.Shipping IPO vs Karnika Industries IPO

Comparison between Arvind & Co.Shipping IPO and Karnika Industries IPO.

IPO Details

Arvind & Co.Shipping IPO is a SME Fixed Price IPO proposed to list at NSE SME while Karnika Industries IPO is a SME Fixed Price proposed to list at NSE SME.

 Arvind & Co.Shipping IPOKarnika Industries IPO
LogoArvind & Co.Shipping IPO LogoKarnika Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the Karnika Industries IPO is up to ₹23.81 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of Karnika Industries IPO is ₹76.00 per share.

 Arvind & Co.Shipping IPOKarnika Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹45.00 per share₹76.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1600 shares
Fresh Issue Size31,08,000 shares31,32,800 shares
Fresh Issue Size (Amount)up to ₹13.99 Crup to ₹23.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,08,000 shares31,32,800 shares
Issue Size Total (Amount)up to ₹13.99 Crup to ₹23.81 Cr

IPO Timetable

Arvind & Co.Shipping IPO opens on Oct 12, 2023, while Karnika Industries IPO opens on Sep 29, 2023. The closing date of Arvind & Co.Shipping IPO and Karnika Industries IPO is Oct 16, 2023, and Oct 05, 2023, respectively.

 Arvind & Co.Shipping IPOKarnika Industries IPO
Issue OpenOct 12, 2023Sep 29, 2023
Issue CloseOct 16, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Oct 19, 2023Oct 10, 2023
Initiation of Refunds (Tentative)Oct 20, 2023Oct 11, 2023
Credit of Share (Tentative)Oct 23, 2023Oct 12, 2023
Listing date (Tentative)Oct 25, 2023Oct 12, 2023

Financials & KPIs

Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Karnika Industries IPO P/E ratio of 7.57.

 Arvind & Co.Shipping IPOKarnika Industries IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets33.8118.615.78
Total Income8.413.310.53
Profit After Tax3.471.000.24
NET Worth9.145.674.68
Reserves and Surplus9.135.664.67
Total Borrowing22.3212.211.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets100.7159.2130.56
Total Income126.0698.9347.79
Profit After Tax8.274.540.82
NET Worth18.0718.613.78
Reserves and Surplus8.97
Total Borrowing52.4622.2415.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73%73.39%
P/E Ratio9.747.57
Market Cap₹54.62 Cr.₹94.24 Cr.
ROE46.88
ROCE37.44
Debt/Equity2.442.90
EPS₹4.62₹9.66
RoNW46.8845.76

Shares Offered

In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in Karnika Industries IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and in Karnika Industries IPO.

 Arvind & Co.Shipping IPOKarnika Industries IPO
Market Maker Reservation1,68,000 shares1,66,400 shares
NII15,54,000 shares15,66,400 shares
RII15,54,000 shares15,66,400 shares
Total31,08,000 shares31,32,800 shares

Bids Received (Subscription)

Arvind & Co.Shipping IPO subscribed 379.01x in total, whereas Karnika Industries IPO subscribed 3.07x.

 Arvind & Co.Shipping IPOKarnika Industries IPO
NII (times)436.05x3.22x
RII (times)321.97x2.91x
Total (times)379.01x3.07x

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Compare:

Arvind & Co.Shipping IPO Vs Karnika Industries IPO