Kontor Space IPO vs Plada Infotech Services IPO

Comparision between Kontor Space IPO and Plada Infotech Services IPO.

IPO Details

Kontor Space IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Plada Infotech Services IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Kontor Space IPO	Plada Infotech Services 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	Srujan Alpha Capital Advisors Llp	Indorient Financial Services Ltd
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Rikhav Securities Limited	Nikunj Stock Brokers 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 Kontor Space IPO is up to ₹15.62 Cr whereas the issue size of the Plada Infotech Services IPO is up to ₹12.36 Cr. The final issue price of Kontor Space IPO is ₹93.00 per share and of Plada Infotech Services IPO is ₹48.00 per share.

	Kontor Space IPO	Plada Infotech Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹93.00 per share	₹48.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	16,80,000 shares	25,74,000 shares
Fresh Issue Size (Amount)	up to ₹15.62 Cr	up to ₹12.36 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	16,80,000 shares	25,74,000 shares
Issue Size Total (Amount)	up to ₹15.62 Cr	up to ₹12.36 Cr

IPO Timetable

Kontor Space IPO opens on Sep 27, 2023, while Plada Infotech Services IPO opens on Sep 29, 2023. The closing date of Kontor Space IPO and Plada Infotech Services IPO is Oct 03, 2023, and Oct 05, 2023, respectively.

	Kontor Space IPO	Plada Infotech Services IPO
Anchor Bid Date
Issue Open	Sep 27, 2023	Sep 29, 2023
Issue Close	Oct 03, 2023	Oct 05, 2023
Basis Of Allotment (Tentative)	Oct 05, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Oct 06, 2023	Oct 10, 2023
Credit of Share (Tentative)	Oct 09, 2023	Oct 11, 2023
Listing date (Tentative)	Oct 10, 2023	Oct 13, 2023
Anchor Lockin End date 1	Nov 04, 2023	Nov 08, 2023
Anchor Lockin End date 2	Jan 03, 2024	Jan 07, 2024

Financials

Kontor Space IPO P/E ratio is 22.27, as compared to Plada Infotech Services IPO P/E ratio of 12.31.

Kontor Space IPO

Plada Infotech Services IPO

Financial

Kontor Space IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	535.84	580.82	1,295.31
Revenue	390.24	403.75	917.84
Profit After Tax	-61.75	30.44	187.88
Net Worth	44.87	75.31	464.67
Reserves and Surplus	-155.13	-124.69	64.67
Total Borrowing	203.75	210.32	552.79

Amount in ₹ Lakhs

Plada Infotech Services IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,711.29	2,760.03	2,720.30	2,811.09
Revenue	5,068.20	4,460.86	4,887.39	6,275.12
Profit After Tax	119.93	66.71	109.87	233.82
Net Worth	342.60	408.44	518.10	752.70
Reserves and Surplus	341.60	407.44	498.10	552.70
Total Borrowing	1,989.85	1,952.59	1,771.67	1,654.13

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.20%

89.50%

Promoter Shareholding (Post-Issue)

62.64%

P/E Ratio

22.27

12.31

Market Cap

₹57.47 Cr.

₹41.16 Cr.

ROE

40.82%%

37%%

ROCE

31.19%%

21%%

Debt/Equity

1.19

2.2

EPS

₹9.46

₹3.90

RoNW

40.82%%

31.07%%

Shares Offered

In the Kontor Space IPO retail investors (RII) are offered 7,96,800 shares while in Plada Infotech Services IPO retail investors are offered 7,96,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Kontor Space IPO and 0 shares in Plada Infotech Services IPO.

	Kontor Space IPO	Plada Infotech Services IPO
Anchor Investor Reserveration
Market Maker Reserveration	86,400 shares	1,29,000 shares
QIB	0 shares	0 shares
NII	7,96,800 shares	12,22,500 shares
RII	7,96,800 shares	12,22,500 shares
Employee	0 shares	0 shares
Others
Total	15,93,600 shares	24,45,000 shares

Bids Received (Subscription)

Kontor Space IPO subscribed 70.97x in total, whereas Plada Infotech Services IPO subscribed 57.85x.

	Kontor Space IPO	Plada Infotech Services IPO
QIB (times)
NII (times)	41.87x	39.81x
Big NII (times)
Small NII (times)
RII (times)	95.49x	73.78x
Employee (times)
Other (times)
Total (times)	70.97x	57.85x

Compare with others

Kontor Space IPO	Plada Infotech Services IPO
Canarys Automations IPO	Karnika Industries IPO
Oneclick Logistics India IPO	City Crops Agro IPO
Vinyas Innovative Technologies IPO	Canarys Automations IPO
Plada Infotech Services IPO	Oneclick Logistics India IPO
Sharp Chucks And Machines IPO	Vinyas Innovative Technologies IPO
Vishnusurya Projects and Infra IPO	Sharp Chucks And Machines IPO
E Factor Experiences IPO	Kontor Space IPO
Rajgor Castor Derivatives IPO	Vishnusurya Projects and Infra IPO
Arabian Petroleum IPO	E Factor Experiences IPO
Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO

Comments

Add a public comment...