Comparison between Admach Systems IPO and Diksha Polymers IPO.
Admach Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Diksha Polymers IPO is a SME Fixed Price proposed to list at BSE SME.
| Admach Systems IPO | Diksha Polymers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aftertrade Broking Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Admach Systems IPO is up to ₹40.47 Cr whereas the issue size of the Diksha Polymers IPO is up to ₹0.00 Cr. The final issue price of Admach Systems IPO is ₹239.00 per share and of Diksha Polymers IPO is .
| Admach Systems IPO | Diksha Polymers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹227.00 per share | |
| Issue Price (Upper) | ₹239.00 per share | |
| Issue Price (Final) | ₹239.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | |
| Fresh Issue Size | 16,93,200 shares | 15,18,400 shares |
| Fresh Issue Size (Amount) | up to ₹40.47 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 16,93,200 shares | 15,18,400 shares |
| Issue Size Total (Amount) | up to ₹40.47 Cr | up to ₹0.00 Cr |
Admach Systems IPO opens on Dec 23, 2025, while Diksha Polymers IPO opens on . The closing date of Admach Systems IPO and Diksha Polymers IPO is Dec 26, 2025, and , respectively.
| Admach Systems IPO | Diksha Polymers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 22, 2025 | |
| Issue Open | Dec 23, 2025 | |
| Issue Close | Dec 26, 2025 | |
| Basis Of Allotment (Tentative) | Dec 29, 2025 | |
| Initiation of Refunds (Tentative) | Dec 30, 2025 | |
| Credit of Share (Tentative) | Dec 30, 2025 | |
| Listing date (Tentative) | Dec 31, 2025 | |
| Anchor Lockin End date 1 | Jan 30, 2026 | |
| Anchor Lockin End date 2 | Mar 31, 2026 |
Admach Systems IPO P/E ratio is 19.56, as compared to Diksha Polymers IPO P/E ratio of .
| Admach Systems IPO | Diksha Polymers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Admach Systems Ltd.'s revenue increased by 170% and profit after tax (PAT) rose by 82% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Diksha Polymers Ltd.'s revenue increased by 117% and profit after tax (PAT) rose by 160% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 71.87 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 52.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹161.87 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.94 | 59.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 44.00 | 23.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.48 | 2.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.69 | 59.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Admach Systems IPO Retail Individual Investors (RII) are offered 7,21,200 shares while in Diksha Polymers IPO retail investors are offered 7,21,200 shares. Qualified Institutional Buyers (QIB) are offered 3,81,600 shares in Admach Systems IPO and 0 shares in Diksha Polymers IPO.
| Admach Systems IPO | Diksha Polymers IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,10,600 shares | 0 shares |
| Market Maker Reservation | 89,400 shares | 81,600 shares |
| QIB | 3,81,600 shares | 0 shares |
| NII | 3,79,800 shares | 0 shares |
| RII | 7,21,200 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 16,93,200 shares | 0 shares |
Admach Systems IPO subscribed 4.13x in total, whereas Diksha Polymers IPO subscribed .
| Admach Systems IPO | Diksha Polymers IPO | |
|---|---|---|
| QIB (times) | 1.55x | |
| NII (times) | 7.40x | |
| Big NII (times) | 9.21x | |
| Small NII (times) | 3.76x | |
| RII (times) | 3.77x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.13x |
