Koura Fine Diamond Jewelry IPO vs Shree Karni Fabcom IPO

Comparision between Koura Fine Diamond Jewelry IPO and Shree Karni Fabcom IPO.

IPO Details

Koura Fine Diamond Jewelry IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Shree Karni Fabcom IPO is a SME Book Built Issue proposed to list at NSE SME.

	Koura Fine Diamond Jewelry IPO	Shree Karni Fabcom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Horizon Management Private Limited
Registrar	Kfin Technologies Limited	Mas Services Limited
Market Maker	Giriraj Stock Broking Private 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 Koura Fine Diamond Jewelry IPO is up to ₹5.50 Cr whereas the issue size of the Shree Karni Fabcom IPO is up to ₹42.49 Cr. The final issue price of Koura Fine Diamond Jewelry IPO is ₹55.00 per share and of Shree Karni Fabcom IPO is ₹227.00 per share.

	Koura Fine Diamond Jewelry 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)	₹55.00 per share	₹227.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	600 shares
Fresh Issue Size	10,00,000 shares	18,72,000 shares
Fresh Issue Size (Amount)	up to ₹5.50 Cr	up to ₹42.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,00,000 shares	18,72,000 shares
Issue Size Total (Amount)	up to ₹5.50 Cr	up to ₹42.49 Cr

IPO Timetable

Koura Fine Diamond Jewelry IPO opens on Mar 06, 2024, while Shree Karni Fabcom IPO opens on Mar 06, 2024. The closing date of Koura Fine Diamond Jewelry IPO and Shree Karni Fabcom IPO is Mar 11, 2024, and Mar 11, 2024, respectively.

	Koura Fine Diamond Jewelry IPO	Shree Karni Fabcom IPO
Anchor Bid Date		Mar 05, 2024
Issue Open	Mar 06, 2024	Mar 06, 2024
Issue Close	Mar 11, 2024	Mar 11, 2024
Basis Of Allotment (Tentative)	Mar 12, 2024	Mar 12, 2024
Initiation of Refunds (Tentative)	Mar 13, 2024	Mar 13, 2024
Credit of Share (Tentative)	Mar 13, 2024	Mar 13, 2024
Listing date (Tentative)	Mar 14, 2024	Mar 14, 2024
Anchor Lockin End date 1		Apr 11, 2024
Anchor Lockin End date 2		Jun 10, 2024

Financials

Koura Fine Diamond Jewelry IPO P/E ratio is 106.7, as compared to Shree Karni Fabcom IPO P/E ratio of 21.26.

Koura Fine Diamond Jewelry IPO

Shree Karni Fabcom IPO

Financial

Koura Fine Diamond Jewelry Limited Financial Information (Restated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	352.53	327.34
Revenue	601.84	556.35
Profit After Tax	17.01	13.41
Net Worth	286.06	269.06
Reserves and Surplus	25.91	221.76
Total Borrowing	48.84	51.80
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%

96.16%

Promoter Shareholding (Post-Issue)

72.23%

70.07%

P/E Ratio

106.7

21.26

Market Cap

₹19.81 Cr.

₹160.53 Cr.

ROE

6.13%%

42.56%%

ROCE

7.64%%

11.34%%

Debt/Equity

0.17

EPS

₹0.52

₹10.68

RoNW

5.95%%

42.56%%

Shares Offered

In the Koura Fine Diamond Jewelry IPO retail investors (RII) are offered 4,66,000 shares while in Shree Karni Fabcom IPO retail investors are offered 4,66,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Koura Fine Diamond Jewelry IPO and 3,55,800 shares in Shree Karni Fabcom IPO.

	Koura Fine Diamond Jewelry IPO	Shree Karni Fabcom IPO
Anchor Investor Reserveration		5,32,800 shares
Market Maker Reserveration	70,000 shares	93,600 shares
QIB	0 shares	3,55,800 shares
NII	4,64,000 shares	2,67,000 shares
RII	4,66,000 shares	6,22,800 shares
Employee	0 shares	0 shares
Others
Total	9,30,000 shares	12,45,600 shares

Bids Received (Subscription)

Koura Fine Diamond Jewelry IPO subscribed 733.01x in total, whereas Shree Karni Fabcom IPO subscribed 296.43x.

	Koura Fine Diamond Jewelry IPO	Shree Karni Fabcom IPO
QIB (times)		112.94x
NII (times)	373.66x	461.58x
Big NII (times)
Small NII (times)
RII (times)	1,083.98x	330.45x
Employee (times)
Other (times)
Total (times)	733.01x	296.43x

Compare with others

Koura Fine Diamond Jewelry IPO	Shree Karni Fabcom IPO
KP Green Engineering IPO	Royal Sense IPO
Royal Sense IPO	AVP Infracon IPO
AVP Infracon IPO	Signoria Creation IPO
Signoria Creation IPO	Pratham EPC Projects IPO
Pratham EPC Projects IPO	Koura Fine Diamond Jewelry IPO
Shree Karni Fabcom IPO	V R Infraspace IPO
V R Infraspace IPO	Sona Machinery IPO
Sona Machinery IPO	Pune E-Stock Broking IPO
Pune E-Stock Broking IPO	M.V.K. Agro Food IPO
M.V.K. Agro Food IPO	Owais Metal and Mineral Processing IPO

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