Apollo Techno Industries IPO vs Karbonsteel Engineering IPO

Comparison between Apollo Techno Industries IPO and Karbonsteel Engineering IPO.

IPO Details

Apollo Techno Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Karbonsteel Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Apollo Techno Industries IPO is up to ₹45.55 Cr whereas the issue size of the Karbonsteel Engineering IPO is up to ₹56.31 Cr. The final issue price of Apollo Techno Industries IPO is ₹130.00 per share and of Karbonsteel Engineering IPO is ₹159.00 per share.

 Apollo Techno Industries IPOKarbonsteel Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹123.00 per share₹151.00 per share
Issue Price (Upper)₹130.00 per share₹159.00 per share
Issue Price (Final)₹130.00 per share₹159.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares800 shares
Fresh Issue Size35,04,000 shares28,51,600 shares
Fresh Issue Size (Amount)up to ₹45.55 Crup to ₹45.34 Cr
OFS Issue Size0 shares6,90,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹10.97 Cr
Issue Size Total35,04,000 shares35,41,600 shares
Issue Size Total (Amount)up to ₹45.55 Crup to ₹56.31 Cr

IPO Timetable

Apollo Techno Industries IPO opens on Dec 23, 2025, while Karbonsteel Engineering IPO opens on Sep 09, 2025. The closing date of Apollo Techno Industries IPO and Karbonsteel Engineering IPO is Dec 26, 2025, and Sep 11, 2025, respectively.

 Apollo Techno Industries IPOKarbonsteel Engineering IPO
Anchor Bid DateDec 22, 2025Sep 04, 2025
Issue OpenDec 23, 2025Sep 09, 2025
Issue CloseDec 26, 2025Sep 11, 2025
Basis Of Allotment (Tentative)Dec 29, 2025Sep 12, 2025
Initiation of Refunds (Tentative)Dec 30, 2025Sep 15, 2025
Credit of Share (Tentative)Dec 30, 2025Sep 15, 2025
Listing date (Tentative)Dec 31, 2025Sep 16, 2025
Anchor Lockin End date 1Jan 27, 2026Oct 15, 2025
Anchor Lockin End date 2Mar 28, 2026Dec 15, 2025

Financials & KPIs

Apollo Techno Industries IPO P/E ratio is 9.43, as compared to Karbonsteel Engineering IPO P/E ratio of 12.47.

 Apollo Techno Industries IPOKarbonsteel Engineering IPO
Financials

Company Financials (Restated Consolidated)

Apollo Techno Industries Ltd.'s revenue increased by 44% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets75.0676.2567.0365.09
Total Income24.6799.6669.2872.57
Profit After Tax1.0813.793.230.90
EBITDA2.0718.157.652.97
NET Worth26.3825.3211.578.21
Reserves and Surplus16.3815.329.075.71
Total Borrowing30.5731.7543.2943.97
Amount in ₹ Crore

Company Financials (Restated)

Karbonsteel Engineering Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets232.76176.14143.76
Total Income273.91218.77155.89
Profit After Tax14.169.425.11
EBITDA36.6125.7916.22
NET Worth60.3743.8028.74
Reserves and Surplus49.2738.4123.74
Total Borrowing78.5559.8348.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10072.17
Promoter Shareholding (Post-Issue)73.0551.78
P/E Ratio9.4312.47
Market Cap₹177.96 Cr.₹224.85 Cr.
ROE74.7527.19
ROCE30.9824.63
Debt/Equity3.741.30
EPS₹13.79₹12.75
RoNW54.4523.45

Shares Offered

In the Apollo Techno Industries IPO Retail Individual Investors (RII) are offered 12,28,000 shares while in Karbonsteel Engineering IPO retail investors are offered 12,28,000 shares. Qualified Institutional Buyers (QIB) are offered 7,00,000 shares in Apollo Techno Industries IPO and 7,08,000 shares in Karbonsteel Engineering IPO.

 Apollo Techno Industries IPOKarbonsteel Engineering IPO
Anchor Investor Reservation10,50,000 shares10,60,800 shares
Market Maker Reservation1,85,000 shares1,88,000 shares
QIB7,00,000 shares7,08,000 shares
NII5,26,000 shares5,32,800 shares
RII12,28,000 shares12,40,000 shares
Employee0 shares0 shares
Others
Total35,04,000 shares35,41,600 shares

Bids Received (Subscription)

Apollo Techno Industries IPO subscribed 50.63x in total, whereas Karbonsteel Engineering IPO subscribed 76.59x.

 Apollo Techno Industries IPOKarbonsteel Engineering IPO
QIB (times)25.26x121.61x
NII (times)98.00x85.99x
Big NII (times)114.82x102.58x
Small NII (times)64.27x52.80x
RII (times)44.81x46.84x
Employee (times)
Other (times)
Total (times)50.63x76.59x

Compare with others

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Apollo Techno Industries IPO Vs Karbonsteel Engineering IPO