Karnika Industries IPO vs On Door Concepts IPO

Comparison between Karnika Industries IPO and On Door Concepts IPO.

IPO Details

Karnika Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while On Door Concepts IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Karnika Industries IPO is up to ₹23.81 Cr whereas the issue size of the On Door Concepts IPO is up to ₹29.38 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of On Door Concepts IPO is ₹208.00 per share.

 Karnika Industries IPOOn Door Concepts IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹76.00 per share₹208.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares600 shares
Fresh Issue Size31,32,800 shares14,12,400 shares
Fresh Issue Size (Amount)up to ₹23.81 Crup to ₹29.38 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,800 shares14,12,400 shares
Issue Size Total (Amount)up to ₹23.81 Crup to ₹29.38 Cr

IPO Timetable

Karnika Industries IPO opens on Sep 29, 2023, while On Door Concepts IPO opens on Oct 23, 2023. The closing date of Karnika Industries IPO and On Door Concepts IPO is Oct 05, 2023, and Oct 27, 2023, respectively.

 Karnika Industries IPOOn Door Concepts IPO
Issue OpenSep 29, 2023Oct 23, 2023
Issue CloseOct 05, 2023Oct 27, 2023
Basis Of Allotment (Tentative)Oct 10, 2023Oct 31, 2023
Initiation of Refunds (Tentative)Oct 11, 2023Nov 01, 2023
Credit of Share (Tentative)Oct 12, 2023Nov 01, 2023
Listing date (Tentative)Oct 12, 2023Nov 01, 2023

Financials & KPIs

Karnika Industries IPO P/E ratio is 7.57, as compared to On Door Concepts IPO P/E ratio of 4.56.

 Karnika Industries IPOOn Door Concepts IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets100.7159.2130.56
Total Income126.0698.9347.79
Profit After Tax8.274.540.82
NET Worth18.0718.613.78
Reserves and Surplus8.97
Total Borrowing52.4622.2415.71
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets90.0977.8265.63
Total Income180.15173.33183.06
Profit After Tax13.06-5.37-5.23
NET Worth51.21-66.25-60.88
Reserves and Surplus47.34-68.28-62.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%51.92%
Promoter Shareholding (Post-Issue)73.39%38.14%
P/E Ratio7.574.56
Market Cap₹94.24 Cr.₹117.49 Cr.
ROE25.51
ROCE50.90
Debt/Equity2.90
EPS₹9.66₹56.77
RoNW45.7625.51

Shares Offered

In the Karnika Industries IPO Retail Individual Investors (RII) are offered 15,66,400 shares while in On Door Concepts IPO retail investors are offered 15,66,400 shares. Qualified Institutional Buyers (QIB) are offered in Karnika Industries IPO and in On Door Concepts IPO.

 Karnika Industries IPOOn Door Concepts IPO
Market Maker Reservation1,66,400 shares86,400 shares
NII15,66,400 shares7,06,200 shares
RII15,66,400 shares7,06,200 shares
Total31,32,800 shares14,12,400 shares

Bids Received (Subscription)

Karnika Industries IPO subscribed 3.07x in total, whereas On Door Concepts IPO subscribed 5.51x.

 Karnika Industries IPOOn Door Concepts IPO
NII (times)3.22x3.16x
RII (times)2.91x7.87x
Total (times)3.07x5.51x

Compare with others

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Karnika Industries IPO Vs On Door Concepts IPO