KCK Industries IPO vs Modis Navnirman IPO

Comparision between KCK Industries IPO and Modis Navnirman IPO.

IPO Details

KCK Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Modis Navnirman IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	KCK Industries IPO	Modis Navnirman 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	Navigant Corporate Advisors Ltd	Aryaman Financial Services Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker
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 KCK Industries IPO is up to ₹4.50 Cr whereas the issue size of the Modis Navnirman IPO is up to ₹22.68 Cr. The final issue price of KCK Industries IPO is ₹30.00 per share and of Modis Navnirman IPO is ₹180.00 per share.

	KCK Industries IPO	Modis Navnirman IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹180.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	800 shares
Fresh Issue Size	15,00,000 shares	12,60,000 shares
Fresh Issue Size (Amount)	up to ₹4.50 Cr	up to ₹22.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,00,000 shares	12,60,000 shares
Issue Size Total (Amount)	up to ₹4.50 Cr	up to ₹22.68 Cr

IPO Timetable

KCK Industries IPO opens on Jun 27, 2022, while Modis Navnirman IPO opens on Jun 23, 2022. The closing date of KCK Industries IPO and Modis Navnirman IPO is Jun 30, 2022, and Jun 28, 2022, respectively.

	KCK Industries IPO	Modis Navnirman IPO
Anchor Bid Date
Issue Open	Jun 27, 2022	Jun 23, 2022
Issue Close	Jun 30, 2022	Jun 28, 2022
Basis Of Allotment (Tentative)	Jul 05, 2022	Jul 01, 2022
Initiation of Refunds (Tentative)	Jul 06, 2022	Jul 04, 2022
Credit of Share (Tentative)	Jul 07, 2022	Jul 05, 2022
Listing date (Tentative)	Jul 08, 2022	Jul 06, 2022
Anchor Lockin End date 1	Aug 04, 2022	Jul 31, 2022
Anchor Lockin End date 2	Oct 03, 2022	Sep 29, 2022

Financials

KCK Industries IPO P/E ratio is 12.4, as compared to Modis Navnirman IPO P/E ratio of 57.32.

KCK Industries IPO

Modis Navnirman IPO

Financial

KCK Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	1725.87	4094.71	20.71	219.52	19.52
31-Mar-20	2148.61	5150.73	31.91	251.43	51.43
31-Mar-21	3093.25	3913.02	19.25	420.68	20.68
31-Dec-21	3665.75	4453.72	99.95	520.63	120.63
Amount in ₹ Lakhs

Modi's Navnirman Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-20	998.48	2195.46	139.78
31-Mar-21	735.21	1322.34	37.83
31-Mar-22	3098.29	1151.07	132.7
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

77.91%

99.98%

Promoter Shareholding (Post-Issue)

56.66%

70.20%

P/E Ratio

12.4

57.32

Market Cap

₹16.50 Cr.

₹76.14 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the KCK Industries IPO retail investors (RII) are offered 7,12,000 shares while in Modis Navnirman IPO retail investors are offered 7,12,000 shares. Qualified institutional buyers (QIB) are offered in KCK Industries IPO and in Modis Navnirman IPO.

	KCK Industries IPO	Modis Navnirman IPO
Anchor Investor Reserveration
Market Maker Reserveration	76,000 shares	68,000 shares
QIB
NII	7,12,000 shares	5,96,000 shares
RII	7,12,000 shares	5,96,000 shares
Employee
Others
Total	14,24,000 shares	11,92,000 shares

Bids Received (Subscription)

KCK Industries IPO subscribed 5.91x in total, whereas Modis Navnirman IPO subscribed 1.99x.

	KCK Industries IPO	Modis Navnirman IPO
QIB (times)
NII (times)	3.02x	2.76x
Big NII (times)
Small NII (times)
RII (times)	8.79x	1.22x
Employee (times)
Other (times)
Total (times)	5.91x	1.99x

Compare with others

KCK Industries IPO	Modis Navnirman IPO
Veerkrupa Jewellers IPO	Jayant Infratech IPO
Sailani Tours N Travels IPO	SKP Bearing Industries IPO
Mangalam Worldwide IPO	Veerkrupa Jewellers IPO
Modis Navnirman IPO	Sailani Tours N Travels IPO
Pearl Green Clubs and Resorts IPO	Mangalam Worldwide IPO
Goel Food Products IPO	Pearl Green Clubs and Resorts IPO
Scarnose International IPO	KCK Industries IPO
Silver Pearl Hospitality IPO	Goel Food Products IPO
Fidel Softech IPO	Scarnose International IPO
Globesecure Technologies IPO	Silver Pearl Hospitality IPO

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