M.V.K. Agro Food IPO vs Shree Karni Fabcom IPO

Comparision between M.V.K. Agro Food IPO and Shree Karni Fabcom IPO.

IPO Details

M.V.K. Agro Food IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shree Karni Fabcom IPO is a SME Book Built Issue proposed to list at NSE SME.

	M.V.K. Agro Food IPO	Shree Karni Fabcom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	Horizon Management Private Limited
Registrar	Mas Services Limited	Mas Services Limited
Market Maker	Nikunj Stock Brokers Limited	MLB Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of M.V.K. Agro Food IPO is up to ₹65.88 Cr whereas the issue size of the Shree Karni Fabcom IPO is up to ₹42.49 Cr. The final issue price of M.V.K. Agro Food IPO is ₹120.00 per share and of Shree Karni Fabcom IPO is ₹227.00 per share.

	M.V.K. Agro Food IPO	Shree Karni Fabcom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹220.00 per share
Issue Price (Upper)		₹227.00 per share
Issue Price (Final)	₹120.00 per share	₹227.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	600 shares
Fresh Issue Size	54,90,000 shares	18,72,000 shares
Fresh Issue Size (Amount)	up to ₹65.88 Cr	up to ₹42.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,90,000 shares	18,72,000 shares
Issue Size Total (Amount)	up to ₹65.88 Cr	up to ₹42.49 Cr

IPO Timetable

M.V.K. Agro Food IPO opens on Feb 29, 2024, while Shree Karni Fabcom IPO opens on Mar 06, 2024. The closing date of M.V.K. Agro Food IPO and Shree Karni Fabcom IPO is Mar 04, 2024, and Mar 11, 2024, respectively.

	M.V.K. Agro Food IPO	Shree Karni Fabcom IPO
Anchor Bid Date		Mar 05, 2024
Issue Open	Feb 29, 2024	Mar 06, 2024
Issue Close	Mar 04, 2024	Mar 11, 2024
Basis Of Allotment (Tentative)	Mar 05, 2024	Mar 12, 2024
Initiation of Refunds (Tentative)	Mar 06, 2024	Mar 13, 2024
Credit of Share (Tentative)	Mar 06, 2024	Mar 13, 2024
Listing date (Tentative)	Mar 07, 2024	Mar 14, 2024
Anchor Lockin End date 1		Apr 11, 2024
Anchor Lockin End date 2		Jun 10, 2024

Financials

M.V.K. Agro Food IPO P/E ratio is 31.79, as compared to Shree Karni Fabcom IPO P/E ratio of 21.26.

M.V.K. Agro Food IPO

Shree Karni Fabcom IPO

Financial

M.V.K. Agro Food Product Ltd Financial Information (Restated)

M.V.K. Agro Food Product Ltd's revenue decreased by -29.18% and profit after tax (PAT) rose by 18.02% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,804.05	15,471.93	11,602.06	11,445.70
Revenue	6,044.36	9,393.63	13,263.56	2,583.10
Profit After Tax	430.07	377.45	319.81	140.41
Net Worth	1,767.74	1,337.67	960.22	640.41
Reserves and Surplus	1,267.74	837.67	460.22	140.41
Total Borrowing	6,281.23	9,156.10	6,001.32	7,496.33
Amount in ₹ Lakhs

Shree Karni Fabcom Limited Financial Information (Restated Consolidated)

Shree Karni Fabcom Limited's revenue increased by 51.87% and profit after tax (PAT) rose by 7.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	14,124.38	9,864.25	5,911.11	2,743.05
Revenue	7,599.48	12,704.05	8,365.18	3,289.86
Profit After Tax	813.44	555.25	514.84	153.48
Net Worth	1,912.17	2,602.24	1,321.61	671.23
Reserves and Surplus	1,392.17	2,502.24	1,221.61	571.23
Total Borrowing	9,504.27	3,658.72	2,718.09	1,451.30
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

96.16%

Promoter Shareholding (Post-Issue)

64.56%

70.07%

P/E Ratio

31.79

21.26

Market Cap

₹185.88 Cr.

₹160.53 Cr.

ROE

32.85%%

42.56%%

ROCE

13.44%%

11.34%%

Debt/Equity

6.84

EPS

₹3.77

₹10.68

RoNW

32.85%%

42.56%%

Shares Offered

In the M.V.K. Agro Food IPO retail investors (RII) are offered 26,07,600 shares while in Shree Karni Fabcom IPO retail investors are offered 26,07,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in M.V.K. Agro Food IPO and 3,55,800 shares in Shree Karni Fabcom IPO.

	M.V.K. Agro Food IPO	Shree Karni Fabcom IPO
Anchor Investor Reserveration		5,32,800 shares
Market Maker Reserveration	2,74,800 shares	93,600 shares
QIB	0 shares	3,55,800 shares
NII	26,07,600 shares	2,67,000 shares
RII	26,07,600 shares	6,22,800 shares
Employee	0 shares	0 shares
Others
Total	52,15,200 shares	12,45,600 shares

Bids Received (Subscription)

M.V.K. Agro Food IPO subscribed 8.46x in total, whereas Shree Karni Fabcom IPO subscribed 296.43x.

	M.V.K. Agro Food IPO	Shree Karni Fabcom IPO
QIB (times)		112.94x
NII (times)	3.90x	461.58x
Big NII (times)
Small NII (times)
RII (times)	13.01x	330.45x
Employee (times)
Other (times)
Total (times)	8.46x	296.43x

Compare with others

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Owais Metal and Mineral Processing IPO	V R Infraspace IPO
Purv Flexipack IPO	Sona Machinery IPO
Sadhav Shipping IPO	Pune E-Stock Broking IPO
Deem Roll Tech IPO	M.V.K. Agro Food IPO
Zenith Drugs IPO	Owais Metal and Mineral Processing IPO

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