Ameenji Rubber IPO vs Kasturi Metal Composite IPO

Comparison between Ameenji Rubber IPO and Kasturi Metal Composite IPO.

IPO Details

Ameenji Rubber IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Kasturi Metal Composite IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ameenji Rubber IPO is up to ₹28.46 Cr whereas the issue size of the Kasturi Metal Composite IPO is up to ₹16.73 Cr. The final issue price of Ameenji Rubber IPO is ₹100.00 per share and of Kasturi Metal Composite IPO is ₹64.00 per share.

 Ameenji Rubber IPOKasturi Metal Composite IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹61.00 per share
Issue Price (Upper)₹100.00 per share₹64.00 per share
Issue Price (Final)₹100.00 per share₹64.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size28,46,400 shares26,14,000 shares
Fresh Issue Size (Amount)up to ₹28.46 Crup to ₹16.73 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,46,400 shares26,14,000 shares
Issue Size Total (Amount)up to ₹28.46 Crup to ₹16.73 Cr

IPO Timetable

Ameenji Rubber IPO opens on Sep 26, 2025, while Kasturi Metal Composite IPO opens on Jan 27, 2026. The closing date of Ameenji Rubber IPO and Kasturi Metal Composite IPO is Sep 30, 2025, and Jan 29, 2026, respectively.

 Ameenji Rubber IPOKasturi Metal Composite IPO
Anchor Bid DateSep 25, 2025Jan 23, 2026
Issue OpenSep 26, 2025Jan 27, 2026
Issue CloseSep 30, 2025Jan 29, 2026
Basis Of Allotment (Tentative)Oct 01, 2025Jan 30, 2026
Initiation of Refunds (Tentative)Oct 03, 2025Feb 02, 2026
Credit of Share (Tentative)Oct 03, 2025Feb 02, 2026
Listing date (Tentative)Oct 06, 2025Feb 03, 2026
Anchor Lockin End date 1Oct 30, 2025Feb 28, 2026
Anchor Lockin End date 2Dec 29, 2025Apr 29, 2026

Financials & KPIs

Ameenji Rubber IPO P/E ratio is 10.31, as compared to Kasturi Metal Composite IPO P/E ratio of 23.59.

 Ameenji Rubber IPOKasturi Metal Composite IPO
Financials

Company Financials (Restated Standalone)

Ameenji Rubber Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 87% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets102.8376.2055.18
Total Income94.4384.2474.21
Profit After Tax8.034.313.50
EBITDA18.598.4612.14
NET Worth22.1814.159.84
Reserves and Surplus13.905.877.54
Total Borrowing45.9034.9521.50
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets44.4335.5733.4521.71
Total Income32.2957.2250.2037.37
Profit After Tax2.472.072.351.49
EBITDA4.805.695.403.97
NET Worth20.1917.7612.297.03
Reserves and Surplus12.5510.1211.286.24
Total Borrowing14.2813.1511.839.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.2492.35
Promoter Shareholding (Post-Issue)67.7267.90
P/E Ratio10.3123.59
Market Cap₹112.80 Cr.₹66.53 Cr.
ROE44.2313.80
ROCE23.4313.76
Debt/Equity2.070.74
EPS₹9.70₹2.71
RoNW36.2211.54

Shares Offered

In the Ameenji Rubber IPO Retail Individual Investors (RII) are offered 9,98,400 shares while in Kasturi Metal Composite IPO retail investors are offered 9,98,400 shares. Qualified Institutional Buyers (QIB) are offered 5,68,800 shares in Ameenji Rubber IPO and 5,22,000 shares in Kasturi Metal Composite IPO.

 Ameenji Rubber IPOKasturi Metal Composite IPO
Anchor Investor Reservation8,52,000 shares7,82,000 shares
Market Maker Reservation1,53,600 shares1,38,000 shares
QIB5,68,800 shares5,22,000 shares
NII4,27,200 shares3,94,000 shares
RII9,98,400 shares9,16,000 shares
Employee0 shares0 shares
Others
Total28,46,400 shares26,14,000 shares

Bids Received (Subscription)

Ameenji Rubber IPO subscribed 2.21x in total, whereas Kasturi Metal Composite IPO subscribed 17.75x.

 Ameenji Rubber IPOKasturi Metal Composite IPO
QIB (times)3.79x4.00x
NII (times)2.74x38.88x
Big NII (times)3.58x46.95x
Small NII (times)1.06x22.88x
RII (times)1.08x16.49x
Employee (times)
Other (times)
Total (times)2.21x17.75x

Compare with others

Compare:

Ameenji Rubber IPO Vs Kasturi Metal Composite IPO