Kody Technolab IPO vs Kundan Edifice IPO

Comparision between Kody Technolab IPO and Kundan Edifice IPO.

IPO Details

Kody Technolab IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Kundan Edifice IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Kody Technolab IPO	Kundan Edifice IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Fedex Securities Pvt Ltd
Registrar	Kfin Technologies Limited	Cameo Corporate Services Limited
Market Maker	Spread X Securities Private Limited	Gretex Share Broking 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 Kody Technolab IPO is up to ₹27.52 Cr whereas the issue size of the Kundan Edifice IPO is up to ₹25.22 Cr. The final issue price of Kody Technolab IPO is ₹160.00 per share and of Kundan Edifice IPO is ₹91.00 per share.

	Kody Technolab IPO	Kundan Edifice IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹160.00 per share	₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1200 shares
Fresh Issue Size	17,20,000 shares	27,72,000 shares
Fresh Issue Size (Amount)	up to ₹27.52 Cr	up to ₹25.22 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	17,20,000 shares	27,72,000 shares
Issue Size Total (Amount)	up to ₹27.52 Cr	up to ₹25.22 Cr

IPO Timetable

Kody Technolab IPO opens on Sep 15, 2023, while Kundan Edifice IPO opens on Sep 12, 2023. The closing date of Kody Technolab IPO and Kundan Edifice IPO is Sep 20, 2023, and Sep 15, 2023, respectively.

	Kody Technolab IPO	Kundan Edifice IPO
Anchor Bid Date
Issue Open	Sep 15, 2023	Sep 12, 2023
Issue Close	Sep 20, 2023	Sep 15, 2023
Basis Of Allotment (Tentative)	Sep 25, 2023	Sep 21, 2023
Initiation of Refunds (Tentative)	Sep 26, 2023	Sep 22, 2023
Credit of Share (Tentative)	Sep 27, 2023	Sep 25, 2023
Listing date (Tentative)	Sep 27, 2023	Sep 26, 2023
Anchor Lockin End date 1	Oct 25, 2023	Oct 21, 2023
Anchor Lockin End date 2	Dec 24, 2023	Dec 20, 2023

Financials

Kody Technolab IPO P/E ratio is 22.66, as compared to Kundan Edifice IPO P/E ratio of 13.3.

Kody Technolab IPO

Kundan Edifice IPO

Financial

Kody Technolab IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	115.14	238.04	1,452.55
Revenue	248.16	384.20	1,109.10
Profit After Tax	-10.80	62.13	318.09
Net Worth	-171.16	-109.03	469.35
Reserves and Surplus	-172.16	-110.03	123.99
Total Borrowing	150.39	161.47	746.79

Amount in ₹ Lakhs

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
Revenue	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

Promoter Shareholding (Pre-Issue)

100.00%

99.00%

Promoter Shareholding (Post-Issue)

73.01%

72.28%

P/E Ratio

22.66

13.3

Market Cap

₹101.98 Cr.

₹93.48 Cr.

ROE

176.59%%

63.28%%

ROCE

97.37%%

43.69%%

Debt/Equity

1.59

1.79

EPS

₹7.06

₹6.84

RoNW

67.77%%

63.28%%

Shares Offered

In the Kody Technolab IPO retail investors (RII) are offered 8,16,800 shares while in Kundan Edifice IPO retail investors are offered 8,16,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kody Technolab IPO and 0 shares in Kundan Edifice IPO.

	Kody Technolab IPO	Kundan Edifice IPO
Anchor Investor Reserveration
Market Maker Reserveration	86,400 shares	1,41,600 shares
QIB	0 shares	0 shares
NII	8,16,800 shares	13,15,200 shares
RII	8,16,800 shares	13,15,200 shares
Employee	0 shares	0 shares
Others
Total	16,33,600 shares	26,30,400 shares

Bids Received (Subscription)

Kody Technolab IPO subscribed 51.55x in total, whereas Kundan Edifice IPO subscribed 42.27x.

	Kody Technolab IPO	Kundan Edifice IPO
QIB (times)
NII (times)	41.17x	35.68x
Big NII (times)
Small NII (times)
RII (times)	53.56x	44.13x
Employee (times)
Other (times)
Total (times)	51.55x	42.27x

Compare with others

Kody Technolab IPO	Kundan Edifice IPO
Marco Cables & Conductors IPO	Kody Technolab IPO
Mangalam Alloys IPO	Holmarc Opto-Mechatronics IPO
Master Components IPO	Digikore Studios IPO
Techknowgreen Solutions IPO	Madhusudan Masala IPO
Hi-Green Carbon IPO	Cellecor Gadgets IPO
Holmarc Opto-Mechatronics IPO	Meson Valves India IPO
Digikore Studios IPO	Chavda Infra IPO
Madhusudan Masala IPO	Jiwanram Sheoduttrai Industries IPO
Cellecor Gadgets IPO	Unihealth Consultancy IPO
Kundan Edifice IPO	Kahan Packaging IPO

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