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Karnika Industries IPO vs Plada Infotech IPO

Comparison between Karnika Industries IPO and Plada Infotech IPO.

IPO Details

Karnika Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Plada Infotech IPO is a SME Fixed Price proposed to list at NSE SME.

 Karnika Industries IPOPlada Infotech IPO
LogoKarnika Industries IPO LogoPlada Infotech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Indorient Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Nikunj Stock Brokers 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 Karnika Industries IPO is up to ₹23.81 Cr whereas the issue size of the Plada Infotech IPO is up to ₹11.74 Cr. The final issue price of Karnika Industries IPO is ₹76.00 per share and of Plada Infotech IPO is ₹48.00 per share.

 Karnika Industries IPOPlada Infotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹76.00 per share₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size31,32,800 shares24,45,000 shares
Fresh Issue Size (Amount)up to ₹23.81 Crup to ₹11.74 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,800 shares24,45,000 shares
Issue Size Total (Amount)up to ₹23.81 Crup to ₹11.74 Cr

IPO Timetable

Karnika Industries IPO opens on Sep 29, 2023, while Plada Infotech IPO opens on Sep 29, 2023. The closing date of Karnika Industries IPO and Plada Infotech IPO is Oct 05, 2023, and Oct 05, 2023, respectively.

 Karnika Industries IPOPlada Infotech IPO
Issue OpenSep 29, 2023Sep 29, 2023
Issue CloseOct 05, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Oct 10, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 11, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 12, 2023Oct 11, 2023
Listing date (Tentative)Oct 12, 2023Oct 13, 2023

Financials & KPIs

Karnika Industries IPO P/E ratio is 7.57, as compared to Plada Infotech IPO P/E ratio of 12.31.

 Karnika Industries IPOPlada Infotech 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 Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets28.1127.2027.6027.11
Total Income62.7548.8744.6150.68
Profit After Tax2.341.100.671.20
NET Worth7.535.184.083.43
Reserves and Surplus5.534.984.073.42
Total Borrowing16.5417.7219.5319.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%89.5%
Promoter Shareholding (Post-Issue)73.39%62.64%
P/E Ratio7.5712.31
Market Cap₹94.24 Cr.₹41.16 Cr.
ROE37
ROCE21
Debt/Equity2.902.20
EPS₹9.66₹3.90
RoNW45.7631.07

Shares Offered

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

 Karnika Industries IPOPlada Infotech IPO
Market Maker Reservation1,66,400 shares1,29,000 shares
NII15,66,400 shares12,22,500 shares
RII15,66,400 shares12,22,500 shares
Total31,32,800 shares24,45,000 shares

Bids Received (Subscription)

Karnika Industries IPO subscribed 3.07x in total, whereas Plada Infotech IPO subscribed 56.79x.

 Karnika Industries IPOPlada Infotech IPO
NII (times)3.22x39.81x
RII (times)2.91x73.78x
Total (times)3.07x56.79x

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Karnika Industries IPOPlada Infotech IPO
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Compare:

Karnika Industries IPO Vs Plada Infotech IPO