ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Kundan Edifice IPO vs Meson Valves IPO

Comparison between Kundan Edifice IPO and Meson Valves IPO.

IPO Details

Kundan Edifice IPO is a SME Fixed Price IPO proposed to list at NSE SME while Meson Valves IPO is a SME Fixed Price proposed to list at BSE SME.

 Kundan Edifice IPOMeson Valves IPO
LogoKundan Edifice IPO LogoMeson Valves IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Shreni Shares Ltd.
RegistrarCameo Corporate Services Ltd.Maashitla Securities Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Shreni Shares 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 Kundan Edifice IPO is up to ₹23.94 Cr whereas the issue size of the Meson Valves IPO is up to ₹29.50 Cr. The final issue price of Kundan Edifice IPO is ₹91.00 per share and of Meson Valves IPO is ₹102.00 per share.

 Kundan Edifice IPOMeson Valves IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹91.00 per share₹102.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares1200 shares
Fresh Issue Size26,30,400 shares28,92,000 shares
Fresh Issue Size (Amount)up to ₹23.94 Crup to ₹29.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,30,400 shares28,92,000 shares
Issue Size Total (Amount)up to ₹23.94 Crup to ₹29.50 Cr

IPO Timetable

Kundan Edifice IPO opens on Sep 12, 2023, while Meson Valves IPO opens on Sep 08, 2023. The closing date of Kundan Edifice IPO and Meson Valves IPO is Sep 15, 2023, and Sep 12, 2023, respectively.

 Kundan Edifice IPOMeson Valves IPO
Issue OpenSep 12, 2023Sep 08, 2023
Issue CloseSep 15, 2023Sep 12, 2023
Basis Of Allotment (Tentative)Sep 21, 2023Sep 15, 2023
Initiation of Refunds (Tentative)Sep 22, 2023Sep 18, 2023
Credit of Share (Tentative)Sep 25, 2023Sep 20, 2023
Listing date (Tentative)Sep 26, 2023Sep 21, 2023

Financials & KPIs

Kundan Edifice IPO P/E ratio is 13.3, as compared to Meson Valves IPO P/E ratio of 15.47.

 Kundan Edifice IPOMeson Valves IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets29.6619.2811.858.47
Total Income60.4632.5115.226.50
Profit After Tax5.131.680.770.04
NET Worth8.112.981.300.28
Reserves and Surplus0.61-0.02-1.70-2.47
Total Borrowing14.519.057.296.37
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets45.0927.3921.06
Total Income37.1914.3215.42
Profit After Tax4.522.130.12
NET Worth18.502.680.55
Reserves and Surplus11.572.610.48
Total Borrowing11.249.249.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99%46.91%
Promoter Shareholding (Post-Issue)72.28%32.83%
P/E Ratio13.315.47
Market Cap₹93.48 Cr.₹103.63 Cr.
ROE63.28
ROCE43.69
Debt/Equity1.79
EPS₹6.84₹6.59
RoNW63.2824.46

Shares Offered

In the Kundan Edifice IPO Retail Individual Investors (RII) are offered 13,15,200 shares while in Meson Valves IPO retail investors are offered 13,15,200 shares. Qualified Institutional Buyers (QIB) are offered in Kundan Edifice IPO and in Meson Valves IPO.

 Kundan Edifice IPOMeson Valves IPO
Market Maker Reservation1,41,600 shares1,56,000 shares
NII13,15,200 shares14,46,000 shares
RII13,15,200 shares14,46,000 shares
Total26,30,400 shares28,92,000 shares

Bids Received (Subscription)

Kundan Edifice IPO subscribed 39.90x in total, whereas Meson Valves IPO subscribed 167.88x.

 Kundan Edifice IPOMeson Valves IPO
NII (times)35.68x132.74x
RII (times)44.13x203.02x
Total (times)39.90x167.88x

Compare with others

Kundan Edifice IPOMeson Valves IPO
Kody Technolab IPOHolmarc Opto-Mechatronics IPO
Holmarc Opto-Mechatronics IPODigikore Studios IPO
Digikore Studios IPOMadhusudan Masala IPO
Madhusudan Masala IPOCellecor Gadgets IPO
Cellecor Gadgets IPOKundan Edifice IPO
Meson Valves IPOChavda Infra IPO
Chavda Infra IPOJiwanram Sheoduttrai IPO
Jiwanram Sheoduttrai IPOUnihealth Consultancy IPO
Unihealth Consultancy IPOKahan Packaging IPO
Kahan Packaging IPOPramara Promotions IPO

Compare:

Kundan Edifice IPO Vs Meson Valves IPO