Digikore Studios IPO vs Kody Technolab IPO

Comparision between Digikore Studios IPO and Kody Technolab IPO.

IPO Details

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

	Digikore Studios IPO	Kody Technolab IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Sarthi Capital Advisors Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Gretex Share Broking Private Limited	Spread X Securities 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 Digikore Studios IPO is up to ₹30.48 Cr whereas the issue size of the Kody Technolab IPO is up to ₹27.52 Cr. The final issue price of Digikore Studios IPO is ₹171.00 per share and of Kody Technolab IPO is ₹160.00 per share.

	Digikore Studios IPO	Kody Technolab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹168.00 per share
Issue Price (Upper)	₹171.00 per share
Issue Price (Final)	₹171.00 per share	₹160.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	800 shares
Fresh Issue Size	12,60,800 shares	17,20,000 shares
Fresh Issue Size (Amount)	up to ₹21.56 Cr	up to ₹27.52 Cr
OFS Issue Size	5,21,600 shares
OFS Issue Size (Amount)	up to ₹8.92 Cr
Issue Size Total	17,82,400 shares	17,20,000 shares
Issue Size Total (Amount)	up to ₹30.48 Cr	up to ₹27.52 Cr

IPO Timetable

Digikore Studios IPO opens on Sep 25, 2023, while Kody Technolab IPO opens on Sep 15, 2023. The closing date of Digikore Studios IPO and Kody Technolab IPO is Sep 27, 2023, and Sep 20, 2023, respectively.

	Digikore Studios IPO	Kody Technolab IPO
Anchor Bid Date	Sep 22, 2023
Issue Open	Sep 25, 2023	Sep 15, 2023
Issue Close	Sep 27, 2023	Sep 20, 2023
Basis Of Allotment (Tentative)	Sep 29, 2023	Sep 25, 2023
Initiation of Refunds (Tentative)	Oct 03, 2023	Sep 26, 2023
Credit of Share (Tentative)	Oct 03, 2023	Sep 27, 2023
Listing date (Tentative)	Oct 04, 2023	Sep 27, 2023
Anchor Lockin End date 1	Oct 29, 2023	Oct 25, 2023
Anchor Lockin End date 2	Dec 28, 2023	Dec 24, 2023

Financials

Digikore Studios IPO P/E ratio is 4.63, as compared to Kody Technolab IPO P/E ratio of 22.66.

Digikore Studios IPO

Kody Technolab IPO

Financial

Digikore Studios IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023	30 Jun 2023
Assets	797.83	825.24	1,932.41	2,518.83
Revenue	615.53	2,488.39	3,692.38	1,186.49
Profit After Tax	1.80	46.54	389.17	270.89
Net Worth	106.94	153.48	542.66	813.30
Reserves and Surplus	-11.46	35.08	424.26	694.30
Total Borrowing		349.46	608.55	912.25

Amount in ₹ Lakhs

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

Promoter Shareholding (Pre-Issue)

93.38%

100.00%

Promoter Shareholding (Post-Issue)

66.55%

73.01%

P/E Ratio

4.63

22.66

Market Cap

₹108.29 Cr.

₹101.98 Cr.

ROE

74.03%%

176.59%%

ROCE

92.23%%

97.37%%

Debt/Equity

1.03

1.59

EPS

₹36.95

₹7.06

RoNW

74.03%%

67.77%%

Shares Offered

In the Digikore Studios IPO retail investors (RII) are offered 5,61,600 shares while in Kody Technolab IPO retail investors are offered 5,61,600 shares. Qualified institutional buyers (QIB) are offered 3,20,800 shares in Digikore Studios IPO and 0 shares in Kody Technolab IPO.

	Digikore Studios IPO	Kody Technolab IPO
Anchor Investor Reserveration	4,80,800 shares
Market Maker Reserveration	1,78,400 shares	86,400 shares
QIB	3,20,800 shares	0 shares
NII	2,40,800 shares	8,16,800 shares
RII	5,61,600 shares	8,16,800 shares
Employee	0 shares	0 shares
Others
Total	11,23,200 shares	16,33,600 shares

Bids Received (Subscription)

Digikore Studios IPO subscribed 281.58x in total, whereas Kody Technolab IPO subscribed 51.55x.

	Digikore Studios IPO	Kody Technolab IPO
QIB (times)	65.63x
NII (times)	362.65x	41.17x
Big NII (times)
Small NII (times)
RII (times)	370.17x	53.56x
Employee (times)
Other (times)
Total (times)	281.58x	51.55x

Compare with others

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

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