Comparison between Chemkart India IPO and Gallard Steel IPO.
Chemkart India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Gallard Steel IPO is a SME Bookbuilding proposed to list at BSE SME.
| Chemkart India IPO | Gallard Steel IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Seren Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Ankit Consultancy Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Asnani Stock Broker Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chemkart India IPO is up to ₹75.96 Cr whereas the issue size of the Gallard Steel IPO is up to ₹35.63 Cr. The final issue price of Chemkart India IPO is ₹248.00 per share and of Gallard Steel IPO is ₹150.00 per share.
| Chemkart India IPO | Gallard Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹236.00 per share | ₹142.00 per share |
| Issue Price (Upper) | ₹248.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹248.00 per share | ₹150.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1000 shares |
| Fresh Issue Size | 24,33,800 shares | 23,75,000 shares |
| Fresh Issue Size (Amount) | up to ₹60.36 Cr | up to ₹35.63 Cr |
| OFS Issue Size | 6,29,200 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹15.60 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,63,000 shares | 23,75,000 shares |
| Issue Size Total (Amount) | up to ₹75.96 Cr | up to ₹35.63 Cr |
Chemkart India IPO opens on Jul 07, 2025, while Gallard Steel IPO opens on Nov 19, 2025. The closing date of Chemkart India IPO and Gallard Steel IPO is Jul 09, 2025, and Nov 21, 2025, respectively.
| Chemkart India IPO | Gallard Steel IPO | |
|---|---|---|
| Anchor Bid Date | Jul 04, 2025 | Nov 18, 2025 |
| Issue Open | Jul 07, 2025 | Nov 19, 2025 |
| Issue Close | Jul 09, 2025 | Nov 21, 2025 |
| Basis Of Allotment (Tentative) | Jul 10, 2025 | Nov 24, 2025 |
| Initiation of Refunds (Tentative) | Jul 11, 2025 | Nov 25, 2025 |
| Credit of Share (Tentative) | Jul 11, 2025 | Nov 25, 2025 |
| Listing date (Tentative) | Jul 14, 2025 | Nov 26, 2025 |
| Anchor Lockin End date 1 | Aug 09, 2025 | Dec 25, 2025 |
| Anchor Lockin End date 2 | Oct 08, 2025 | Feb 23, 2026 |
Chemkart India IPO P/E ratio is 9.71, as compared to Gallard Steel IPO P/E ratio of 17.31.
| Chemkart India IPO | Gallard Steel IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Chemkart India Ltd.'s revenue increased by 55% and profit after tax (PAT) rose by 67% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Proforma Consolidated)Gallard Steel Ltd.'s revenue increased by 92% and profit after tax (PAT) rose by 90% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 91.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.28 | 67.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.71 | 17.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹300.06 Cr. | ₹142.50 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 59 | 43.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 49 | 26.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | 1.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹25.54 | ₹8.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.52 | 35.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chemkart India IPO Retail Individual Investors (RII) are offered 10,78,800 shares while in Gallard Steel IPO retail investors are offered 10,78,800 shares. Qualified Institutional Buyers (QIB) are offered 6,09,600 shares in Chemkart India IPO and 4,74,000 shares in Gallard Steel IPO.
| Chemkart India IPO | Gallard Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,11,400 shares | 7,09,000 shares |
| Market Maker Reservation | 1,66,200 shares | 1,25,000 shares |
| QIB | 6,09,600 shares | 4,74,000 shares |
| NII | 4,63,200 shares | 3,60,000 shares |
| RII | 10,78,800 shares | 8,32,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 30,63,000 shares | 23,75,000 shares |
Chemkart India IPO subscribed 5.91x in total, whereas Gallard Steel IPO subscribed 375.54x.
| Chemkart India IPO | Gallard Steel IPO | |
|---|---|---|
| QIB (times) | 13.69x | 228.48x |
| NII (times) | 5.64x | 624.56x |
| Big NII (times) | 745.96x | |
| Small NII (times) | 381.75x | |
| RII (times) | 1.63x | 351.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.91x | 375.54x |
