Shree Karni Fabcom IPO vs Signoria Creation IPO

Comparision between Shree Karni Fabcom IPO and Signoria Creation IPO.

IPO Details

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

	Shree Karni Fabcom IPO	Signoria Creation 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	Holani Consultants Private Limited
Registrar	Mas Services Limited	Bigshare Services Pvt Ltd
Market Maker	MLB Stock Broking Private Limited	Holani Consultants 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 Signoria Creation IPO is up to ₹9.28 Cr. The final issue price of Shree Karni Fabcom IPO is ₹227.00 per share and of Signoria Creation IPO is ₹65.00 per share.

	Shree Karni Fabcom IPO	Signoria Creation IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹220.00 per share	₹61.00 per share
Issue Price (Upper)	₹227.00 per share	₹65.00 per share
Issue Price (Final)	₹227.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	2000 shares
Fresh Issue Size	18,72,000 shares	14,28,000 shares
Fresh Issue Size (Amount)	up to ₹42.49 Cr	up to ₹9.28 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,72,000 shares	14,28,000 shares
Issue Size Total (Amount)	up to ₹42.49 Cr	up to ₹9.28 Cr

IPO Timetable

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

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

Financials

Shree Karni Fabcom IPO P/E ratio is 21.26, as compared to Signoria Creation IPO P/E ratio of 9.37.

Shree Karni Fabcom IPO

Signoria Creation 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

Signoria Creation Limited Financial Information (Restated Standalone)

Signoria Creation Limited's revenue increased by 62.13% and profit after tax (PAT) rose by 242.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,614.56	2,334.92	950.76	597.88
Revenue	652.92	1,915.81	1,181.64	588.98
Profit After Tax	64.52	231.05	67.53	32.60
Net Worth	647.75	583.23	150.88	83.35
Reserves and Surplus	536.75	472.23	100.88	33.35
Total Borrowing	1,263.93	1,050.26	376.84	223.15
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.16%

100.00%

Promoter Shareholding (Post-Issue)

70.07%

P/E Ratio

21.26

9.37

Market Cap

₹160.53 Cr.

₹30.93 Cr.

ROE

42.56%%

10.48%%

ROCE

11.34%%

7.38%%

Debt/Equity

EPS

₹10.68

₹6.94

RoNW

42.56%%

9.96%%

Shares Offered

In the Shree Karni Fabcom IPO retail investors (RII) are offered 6,22,800 shares while in Signoria Creation 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 2,16,000 shares in Signoria Creation IPO.

	Shree Karni Fabcom IPO	Signoria Creation IPO
Anchor Investor Reserveration	5,32,800 shares	3,20,000 shares
Market Maker Reserveration	93,600 shares	72,000 shares
QIB	3,55,800 shares	2,16,000 shares
NII	2,67,000 shares	2,50,000 shares
RII	6,22,800 shares	5,30,000 shares
Employee	0 shares	0 shares
Others
Total	12,45,600 shares	10,36,000 shares

Bids Received (Subscription)

Shree Karni Fabcom IPO subscribed 296.43x in total, whereas Signoria Creation IPO subscribed 666.32x.

	Shree Karni Fabcom IPO	Signoria Creation IPO
QIB (times)	112.94x	107.56x
NII (times)	461.58x	1,290.56x
Big NII (times)
Small NII (times)
RII (times)	330.45x	649.88x
Employee (times)
Other (times)
Total (times)	296.43x	666.32x

Compare with others

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

Comments

Add a public comment...