Shree Karni Fabcom IPO vs Sona Machinery IPO

Comparision between Shree Karni Fabcom IPO and Sona Machinery IPO.

IPO Details

Shree Karni Fabcom IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sona Machinery IPO is a SME Book Built Issue proposed to list at NSE SME.

	Shree Karni Fabcom IPO	Sona Machinery IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	Hem Securities Limited
Registrar	Mas Services Limited	Maashitla Securities Private Limited
Market Maker	MLB Stock Broking Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Shree Karni Fabcom IPO is up to ₹42.49 Cr whereas the issue size of the Sona Machinery IPO is up to ₹51.82 Cr. The final issue price of Shree Karni Fabcom IPO is ₹227.00 per share and of Sona Machinery IPO is ₹143.00 per share.

	Shree Karni Fabcom IPO	Sona Machinery IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹220.00 per share	₹136.00 per share
Issue Price (Upper)	₹227.00 per share	₹143.00 per share
Issue Price (Final)	₹227.00 per share	₹143.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1000 shares
Fresh Issue Size	18,72,000 shares	36,24,000 shares
Fresh Issue Size (Amount)	up to ₹42.49 Cr	up to ₹51.82 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,72,000 shares	36,24,000 shares
Issue Size Total (Amount)	up to ₹42.49 Cr	up to ₹51.82 Cr

IPO Timetable

Shree Karni Fabcom IPO opens on Mar 06, 2024, while Sona Machinery IPO opens on Mar 05, 2024. The closing date of Shree Karni Fabcom IPO and Sona Machinery IPO is Mar 11, 2024, and Mar 07, 2024, respectively.

	Shree Karni Fabcom IPO	Sona Machinery IPO
Anchor Bid Date	Mar 05, 2024	Mar 04, 2024
Issue Open	Mar 06, 2024	Mar 05, 2024
Issue Close	Mar 11, 2024	Mar 07, 2024
Basis Of Allotment (Tentative)	Mar 12, 2024	Mar 11, 2024
Initiation of Refunds (Tentative)	Mar 13, 2024	Mar 12, 2024
Credit of Share (Tentative)	Mar 13, 2024	Mar 12, 2024
Listing date (Tentative)	Mar 14, 2024	Mar 13, 2024
Anchor Lockin End date 1	Apr 11, 2024	Apr 10, 2024
Anchor Lockin End date 2	Jun 10, 2024	Jun 09, 2024

Financials

Shree Karni Fabcom IPO P/E ratio is 21.26, as compared to Sona Machinery IPO P/E ratio of 18.8.

Shree Karni Fabcom IPO

Sona Machinery IPO

Financial

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

Sona Machinery Limited Financial Information (Restated Standalone)

Sona Machinery Limited's revenue increased by 82.3% and profit after tax (PAT) rose by 135.35% 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	4,211.30	2,858.19	1,516.58	732.21
Revenue	6,288.11	8,118.06	4,453.07	606.33
Profit After Tax	647.82	768.36	326.47	27.81
Net Worth	1,780.16	1,132.34	363.98	37.51
Reserves and Surplus	770.16	1,122.34	353.98	27.51
Total Borrowing	112.94	252.60	236.61
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.16%

100.00%

Promoter Shareholding (Post-Issue)

70.07%

73.59%

P/E Ratio

21.26

18.8

Market Cap

₹160.53 Cr.

₹196.25 Cr.

ROE

42.56%%

44.49%%

ROCE

11.34%%

46.61%%

Debt/Equity

0.06

EPS

₹10.68

₹7.61

RoNW

42.56%%

36.39%%

Shares Offered

In the Shree Karni Fabcom IPO retail investors (RII) are offered 6,22,800 shares while in Sona Machinery IPO retail investors are offered 6,22,800 shares. Qualified institutional buyers (QIB) are offered 3,55,800 shares in Shree Karni Fabcom IPO and 6,88,000 shares in Sona Machinery IPO.

	Shree Karni Fabcom IPO	Sona Machinery IPO
Anchor Investor Reserveration	5,32,800 shares	10,32,000 shares
Market Maker Reserveration	93,600 shares	1,82,000 shares
QIB	3,55,800 shares	6,88,000 shares
NII	2,67,000 shares	5,17,000 shares
RII	6,22,800 shares	12,05,000 shares
Employee	0 shares	0 shares
Others
Total	12,45,600 shares	24,10,000 shares

Bids Received (Subscription)

Shree Karni Fabcom IPO subscribed 296.43x in total, whereas Sona Machinery IPO subscribed 273.50x.

	Shree Karni Fabcom IPO	Sona Machinery IPO
QIB (times)	112.94x	129.72x
NII (times)	461.58x	554.42x
Big NII (times)
Small NII (times)
RII (times)	330.45x	235.06x
Employee (times)
Other (times)
Total (times)	296.43x	273.50x

Compare with others

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

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