Comparison between Astron Multigrain IPO and Utkal Speciality IPO.
Astron Multigrain IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Utkal Speciality IPO is a SME Bookbuilding proposed to list at NSE SME.
| Astron Multigrain IPO | Utkal Speciality IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finaax Capital Advisors Pvt.Ltd. | Affinity Global Capital Market Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Astron Multigrain IPO is up to ₹17.46 Cr whereas the issue size of the Utkal Speciality IPO is up to ₹32.80 Cr. The final issue price of Astron Multigrain IPO is ₹63.00 per share and of Utkal Speciality IPO is ₹66.00 per share.
| Astron Multigrain IPO | Utkal Speciality IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹62.00 per share | |
| Issue Price (Upper) | ₹66.00 per share | |
| Issue Price (Final) | ₹63.00 per share | ₹66.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 21,92,000 shares | 49,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.81 Cr | up to ₹32.80 Cr |
| OFS Issue Size | 5,80,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.65 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,72,000 shares | 49,70,000 shares |
| Issue Size Total (Amount) | up to ₹17.46 Cr | up to ₹32.80 Cr |
Astron Multigrain IPO opens on Dec 01, 2025, while Utkal Speciality IPO opens on Jun 10, 2026. The closing date of Astron Multigrain IPO and Utkal Speciality IPO is Dec 03, 2025, and Jun 12, 2026, respectively.
| Astron Multigrain IPO | Utkal Speciality IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 01, 2025 | Jun 10, 2026 |
| Issue Close | Dec 03, 2025 | Jun 12, 2026 |
| Basis Of Allotment (Tentative) | Dec 04, 2025 | Jun 15, 2026 |
| Initiation of Refunds (Tentative) | Dec 05, 2025 | Jun 16, 2026 |
| Credit of Share (Tentative) | Dec 05, 2025 | Jun 16, 2026 |
| Listing date (Tentative) | Dec 08, 2025 | Jun 17, 2026 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Astron Multigrain IPO P/E ratio is 17.09, as compared to Utkal Speciality IPO P/E ratio of 14.12.
| Astron Multigrain IPO | Utkal Speciality IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.05 | 73.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.09 | 14.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.18 Cr. | ₹128.92 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.66 | 35.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.73 | 23.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.41 | 0.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.69 | ₹4.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.95 | 30.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Astron Multigrain IPO Retail Individual Investors (RII) are offered 13,88,000 shares while in Utkal Speciality IPO retail investors are offered 13,88,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Astron Multigrain IPO and 50,000 shares in Utkal Speciality IPO.
| Astron Multigrain IPO | Utkal Speciality IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,48,000 shares | 2,64,000 shares |
| QIB | 0 shares | 50,000 shares |
| NII | 13,84,000 shares | 19,68,000 shares |
| RII | 13,88,000 shares | 29,52,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 27,72,000 shares | 49,70,000 shares |
Astron Multigrain IPO subscribed 1.22x in total, whereas Utkal Speciality IPO subscribed 1.63x.
| Astron Multigrain IPO | Utkal Speciality IPO | |
|---|---|---|
| QIB (times) | 1.12x | |
| NII (times) | 0.50x | 0.94x |
| Big NII (times) | 0.96x | |
| Small NII (times) | 0.90x | |
| RII (times) | 1.94x | 2.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.22x | 1.63x |
