Kore Digital IPO vs Urban Enviro Waste Management IPO

Comparision between Kore Digital IPO and Urban Enviro Waste Management IPO.

IPO Details

Kore Digital IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Urban Enviro Waste Management IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Kore Digital IPO	Urban Enviro Waste Management IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	First Overseas Capital Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nnm Securities Private Limited	Asnani Stock Broker Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Kore Digital IPO is up to ₹18.00 Cr whereas the issue size of the Urban Enviro Waste Management IPO is up to ₹11.42 Cr. The final issue price of Kore Digital IPO is ₹180.00 per share and of Urban Enviro Waste Management IPO is ₹100.00 per share.

	Kore Digital IPO	Urban Enviro Waste Management IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹180.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1200 shares
Fresh Issue Size	10,00,000 shares	9,20,000 shares
Fresh Issue Size (Amount)	up to ₹18.00 Cr	up to ₹9.20 Cr
OFS Issue Size		2,22,400 shares
OFS Issue Size (Amount)		up to ₹2.22 Cr
Issue Size Total	10,00,000 shares	11,42,400 shares
Issue Size Total (Amount)	up to ₹18.00 Cr	up to ₹11.42 Cr

IPO Timetable

Kore Digital IPO opens on Jun 02, 2023, while Urban Enviro Waste Management IPO opens on Jun 12, 2023. The closing date of Kore Digital IPO and Urban Enviro Waste Management IPO is Jun 07, 2023, and Jun 14, 2023, respectively.

	Kore Digital IPO	Urban Enviro Waste Management IPO
Anchor Bid Date
Issue Open	Jun 02, 2023	Jun 12, 2023
Issue Close	Jun 07, 2023	Jun 14, 2023
Basis Of Allotment (Tentative)	Jun 12, 2023	Jun 19, 2023
Initiation of Refunds (Tentative)	Jun 13, 2023	Jun 20, 2023
Credit of Share (Tentative)	Jun 14, 2023	Jun 21, 2023
Listing date (Tentative)	Jun 14, 2023	Jun 22, 2023
Anchor Lockin End date 1	Jul 12, 2023	Jul 19, 2023
Anchor Lockin End date 2	Sep 10, 2023	Sep 17, 2023

Financials

Kore Digital IPO P/E ratio is 17.86, as compared to Urban Enviro Waste Management IPO P/E ratio of 30.49.

Kore Digital IPO

Urban Enviro Waste Management IPO

Financial

Kore Digital Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	188.66	87.61	1.82	8.21	7.21
31-Mar-21	584.81	397.90	25.93	34.14	33.14	21.96
31-Mar-22	1,441.57	1,694.45	217.97	252.11	251.11	17.72
31-Dec-22	1,573.07	1,195.71	253.92	506.02	254.02	184.18
Amount in ₹ Lakhs

Urban Enviro Waste Management Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	751.08	1,279.82	75.07	105.00	104.00	96.24
31-Mar-21	701.25	1,587.48	82.88	187.88	186.88	186.23
31-Mar-22	2,115.98	1,977.36	129.35	317.23	316.23	1,218.11
31-Dec-22	2,333.27	2,646.80	106.42	423.65	82.65	1,213.47
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.70%

Promoter Shareholding (Post-Issue)

71.38%

59.06

P/E Ratio

17.86

30.49

Market Cap

₹63.36 Cr.

ROE

0.67%%

ROCE

0.49%%

Debt/Equity

0.36

EPS

₹10.08

₹3.07

RoNW

50.18%%

47.01%%

Shares Offered

In the Kore Digital IPO retail investors (RII) are offered 4,74,000 shares while in Urban Enviro Waste Management IPO retail investors are offered 4,74,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kore Digital IPO and 0 shares in Urban Enviro Waste Management IPO.

	Kore Digital IPO	Urban Enviro Waste Management IPO
Anchor Investor Reserveration
Market Maker Reserveration	52,000 shares	57,600 shares
QIB	0 shares	0 shares
NII	4,74,000 shares	5,42,400 shares
RII	4,74,000 shares	5,42,400 shares
Employee	0 shares	0 shares
Others
Total	9,48,000 shares	10,84,800 shares

Bids Received (Subscription)

Kore Digital IPO subscribed 41.56x in total, whereas Urban Enviro Waste Management IPO subscribed 255.49x.

	Kore Digital IPO	Urban Enviro Waste Management IPO
QIB (times)
NII (times)	49.67x	281.41x
Big NII (times)
Small NII (times)
RII (times)	33.26x	220.65x
Employee (times)
Other (times)
Total (times)	41.56x	255.49x

Compare with others

Kore Digital IPO	Urban Enviro Waste Management IPO
Cell Point (India) IPO	Aatmaj Healthcare IPO
Bizotic Commercial IPO	Essen Speciality Films IPO
Urban Enviro Waste Management IPO	Vilin Bio Med IPO
Cosmic CRF IPO	Cell Point (India) IPO
Sonalis Consumer Products IPO	Bizotic Commercial IPO
Sahana System IPO	Cosmic CRF IPO
CFF Fluid Control IPO	Sonalis Consumer Products IPO
Comrade Appliances IPO	Kore Digital IPO
Infollion Research Services IPO	Sahana System IPO
Proventus Agrocom IPO	CFF Fluid Control IPO

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