Royal Sense IPO vs Shree Karni Fabcom IPO

Comparision between Royal Sense IPO and Shree Karni Fabcom IPO.

IPO Details

Royal Sense 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.

	Royal Sense 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	Expert Global Consultants Private Limited	Horizon Management Private Limited
Registrar	Bigshare Services Pvt Ltd	Mas Services Limited
Market Maker	Rikhav Securities 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 Royal Sense IPO is up to ₹9.86 Cr whereas the issue size of the Shree Karni Fabcom IPO is up to ₹42.49 Cr. The final issue price of Royal Sense IPO is ₹68.00 per share and of Shree Karni Fabcom IPO is ₹227.00 per share.

	Royal Sense 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)	₹68.00 per share	₹227.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	600 shares
Fresh Issue Size	14,50,000 shares	18,72,000 shares
Fresh Issue Size (Amount)	up to ₹9.86 Cr	up to ₹42.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,50,000 shares	18,72,000 shares
Issue Size Total (Amount)	up to ₹9.86 Cr	up to ₹42.49 Cr

IPO Timetable

Royal Sense IPO opens on Mar 12, 2024, while Shree Karni Fabcom IPO opens on Mar 06, 2024. The closing date of Royal Sense IPO and Shree Karni Fabcom IPO is Mar 14, 2024, and Mar 11, 2024, respectively.

	Royal Sense IPO	Shree Karni Fabcom IPO
Anchor Bid Date		Mar 05, 2024
Issue Open	Mar 12, 2024	Mar 06, 2024
Issue Close	Mar 14, 2024	Mar 11, 2024
Basis Of Allotment (Tentative)	Mar 15, 2024	Mar 12, 2024
Initiation of Refunds (Tentative)	Mar 18, 2024	Mar 13, 2024
Credit of Share (Tentative)	Mar 18, 2024	Mar 13, 2024
Listing date (Tentative)	Mar 19, 2024	Mar 14, 2024
Anchor Lockin End date 1		Apr 11, 2024
Anchor Lockin End date 2		Jun 10, 2024

Financials

Royal Sense IPO P/E ratio is 33.33, as compared to Shree Karni Fabcom IPO P/E ratio of 21.26.

Royal Sense IPO

Shree Karni Fabcom IPO

Financial

Royal Sense Limited Financial Information (Restated)

Period Ended	30 Sep 2023
Assets	569.87
Revenue	804.07
Profit After Tax	70.28
Net Worth	415.29
Reserves and Surplus	70.28
Total Borrowing	27.58
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)

99.99%

96.16%

Promoter Shareholding (Post-Issue)

67.15%

70.07%

P/E Ratio

33.33

21.26

Market Cap

₹33.32 Cr.

₹160.53 Cr.

ROE

17.00%%

42.56%%

ROCE

23.00%%

11.34%%

Debt/Equity

EPS

₹2.04

₹10.68

RoNW

17.00%%

42.56%%

Shares Offered

In the Royal Sense IPO retail investors (RII) are offered 6,45,000 shares while in Shree Karni Fabcom IPO retail investors are offered 6,45,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Royal Sense IPO and 3,55,800 shares in Shree Karni Fabcom IPO.

	Royal Sense IPO	Shree Karni Fabcom IPO
Anchor Investor Reserveration		5,32,800 shares
Market Maker Reserveration	1,60,000 shares	93,600 shares
QIB	0 shares	3,55,800 shares
NII	6,45,000 shares	2,67,000 shares
RII	6,45,000 shares	6,22,800 shares
Employee	0 shares	0 shares
Others
Total	12,90,000 shares	12,45,600 shares

Bids Received (Subscription)

Royal Sense IPO subscribed 8.52x in total, whereas Shree Karni Fabcom IPO subscribed 296.43x.

	Royal Sense IPO	Shree Karni Fabcom IPO
QIB (times)		112.94x
NII (times)	9.72x	461.58x
Big NII (times)
Small NII (times)
RII (times)	7.32x	330.45x
Employee (times)
Other (times)
Total (times)	8.52x	296.43x

Compare with others

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

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