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Karnika Industries IPO vs Vivaa Tradecom IPO

Comparision between Karnika Industries IPO and Vivaa Tradecom IPO.

IPO Details

Karnika Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vivaa Tradecom IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  Karnika Industries IPO Vivaa Tradecom IPO
Logo Karnika Industries IPO Logo Vivaa Tradecom IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At NSE SME BSE SME
Lead Managers Beeline Capital Advisors Pvt Ltd Interactive Financial Services Ltd
Registrar Skyline Financial Services Private Ltd Bigshare Services Pvt Ltd
Market Maker Spread X Securities Private Limited Asnani Stock Broker Private Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Karnika Industries IPO is up to ₹25.07 Cr whereas the issue size of the Vivaa Tradecom IPO is up to ₹7.99 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of Vivaa Tradecom IPO is ₹51.00 per share.

  Karnika Industries IPO Vivaa Tradecom IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹76.00 per share ₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1600 shares 2000 shares
Fresh Issue Size 32,99,200 shares 15,66,000 shares
Fresh Issue Size (Amount) up to ₹25.07 Cr up to ₹7.99 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 32,99,200 shares 15,66,000 shares
Issue Size Total (Amount) up to ₹25.07 Cr up to ₹7.99 Cr

IPO Timetable

Karnika Industries IPO opens on Sep 29, 2023, while Vivaa Tradecom IPO opens on Sep 27, 2023. The closing date of Karnika Industries IPO and Vivaa Tradecom IPO is Oct 05, 2023, and Oct 04, 2023, respectively.

  Karnika Industries IPO Vivaa Tradecom IPO
Anchor Bid Date
Issue Open Sep 29, 2023 Sep 27, 2023
Issue Close Oct 05, 2023 Oct 04, 2023
Basis Of Allotment (Tentative) Oct 10, 2023 Oct 09, 2023
Initiation of Refunds (Tentative) Oct 11, 2023 Oct 10, 2023
Credit of Share (Tentative) Oct 12, 2023 Oct 11, 2023
Listing date (Tentative) Oct 12, 2023 Oct 12, 2023
Anchor Lockin End date 1 Nov 09, 2023 Nov 08, 2023
Anchor Lockin End date 2 Jan 08, 2024 Jan 07, 2024

Financials

Karnika Industries IPO P/E ratio is 7.57, as compared to Vivaa Tradecom IPO P/E ratio of 47.66.

  Karnika Industries IPO Vivaa Tradecom IPO
Financial
Karnika Industries IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets3,055.875,921.4210,071.04
Revenue4,779.319,892.5212,605.62
Profit After Tax81.61454.01826.74
Net Worth378.141,860.881,806.83
Reserves and Surplus896.80
Total Borrowing1,570.942,224.135,245.53
Amount in ₹ Lakhs
Vivaa Tradecom IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets9,430.209,803.464,918.80
Revenue14,734.5624,728.7013,402.83
Profit After Tax-6.4844.3925.48
Net Worth1,118.581,162.971,211.70
Reserves and Surplus1,116.261,160.65974.55
Total Borrowing1,354.911,113.05457.36
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 100.00% 50%
Promoter Shareholding (Post-Issue) 73.39% 30.11%
P/E Ratio 7.57 47.66
Market Cap ₹94.24 Cr. ₹20.08 Cr.
ROE
ROCE
Debt/Equity 2.9 0.38
EPS ₹9.66 ₹11.07
RoNW 45.76%% 2.10%%

Shares Offered

In the Karnika Industries IPO retail investors (RII) are offered 15,66,400 shares while in Vivaa Tradecom IPO retail investors are offered 15,66,400 shares. Qualified institutional buyers (QIB) are offered 0 shares in Karnika Industries IPO and 0 shares in Vivaa Tradecom IPO.

  Karnika Industries IPO Vivaa Tradecom IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,66,400 shares 82,000 shares
QIB 0 shares 0 shares
NII 15,66,400 shares 7,42,000 shares
RII 15,66,400 shares 7,42,000 shares
Employee 0 shares 0 shares
Others
Total 31,32,800 shares 14,84,000 shares

Bids Received (Subscription)

Karnika Industries IPO subscribed 3.07x in total, whereas Vivaa Tradecom IPO subscribed 1.81x.

  Karnika Industries IPO Vivaa Tradecom IPO
QIB (times)
NII (times) 3.22x 0.70x
Big NII (times)
Small NII (times)
RII (times) 2.91x 2.86x
Employee (times)
Other (times)
Total (times) 3.07x 1.81x

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