Koura Fine Diamond Jewelry IPO vs Sona Machinery IPO

Comparision between Koura Fine Diamond Jewelry IPO and Sona Machinery IPO.

IPO Details

Koura Fine Diamond Jewelry IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Sona Machinery IPO is a SME Book Built Issue proposed to list at NSE SME.

	Koura Fine Diamond Jewelry IPO	Sona Machinery 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	Hem Securities Limited
Registrar	Kfin Technologies Limited	Maashitla Securities Private Limited
Market Maker	Giriraj Stock Broking Private Limited	Hem Finlease 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 Sona Machinery IPO is up to ₹51.82 Cr. The final issue price of Koura Fine Diamond Jewelry IPO is ₹55.00 per share and of Sona Machinery IPO is ₹143.00 per share.

	Koura Fine Diamond Jewelry IPO	Sona Machinery IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹136.00 per share
Issue Price (Upper)		₹143.00 per share
Issue Price (Final)	₹55.00 per share	₹143.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	10,00,000 shares	36,24,000 shares
Fresh Issue Size (Amount)	up to ₹5.50 Cr	up to ₹51.82 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,00,000 shares	36,24,000 shares
Issue Size Total (Amount)	up to ₹5.50 Cr	up to ₹51.82 Cr

IPO Timetable

Koura Fine Diamond Jewelry IPO opens on Mar 06, 2024, while Sona Machinery IPO opens on Mar 05, 2024. The closing date of Koura Fine Diamond Jewelry IPO and Sona Machinery IPO is Mar 11, 2024, and Mar 07, 2024, respectively.

	Koura Fine Diamond Jewelry IPO	Sona Machinery IPO
Anchor Bid Date		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 10, 2024
Anchor Lockin End date 2		Jun 09, 2024

Financials

Koura Fine Diamond Jewelry IPO P/E ratio is 106.7, as compared to Sona Machinery IPO P/E ratio of 18.8.

Koura Fine Diamond Jewelry IPO

Sona Machinery 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

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)

100%

100.00%

Promoter Shareholding (Post-Issue)

72.23%

73.59%

P/E Ratio

106.7

18.8

Market Cap

₹19.81 Cr.

₹196.25 Cr.

ROE

6.13%%

44.49%%

ROCE

7.64%%

46.61%%

Debt/Equity

0.17

0.06

EPS

₹0.52

₹7.61

RoNW

5.95%%

36.39%%

Shares Offered

In the Koura Fine Diamond Jewelry IPO retail investors (RII) are offered 4,66,000 shares while in Sona Machinery IPO retail investors are offered 4,66,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Koura Fine Diamond Jewelry IPO and 6,88,000 shares in Sona Machinery IPO.

	Koura Fine Diamond Jewelry IPO	Sona Machinery IPO
Anchor Investor Reserveration		10,32,000 shares
Market Maker Reserveration	70,000 shares	1,82,000 shares
QIB	0 shares	6,88,000 shares
NII	4,64,000 shares	5,17,000 shares
RII	4,66,000 shares	12,05,000 shares
Employee	0 shares	0 shares
Others
Total	9,30,000 shares	24,10,000 shares

Bids Received (Subscription)

Koura Fine Diamond Jewelry IPO subscribed 733.01x in total, whereas Sona Machinery IPO subscribed 273.50x.

	Koura Fine Diamond Jewelry IPO	Sona Machinery IPO
QIB (times)		129.72x
NII (times)	373.66x	554.42x
Big NII (times)
Small NII (times)
RII (times)	1,083.98x	235.06x
Employee (times)
Other (times)
Total (times)	733.01x	273.50x

Compare with others

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

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