Comparison between Chiraharit IPO and Mittal Sections IPO.
Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mittal Sections IPO is a SME Bookbuilding proposed to list at BSE SME.
| Chiraharit IPO | Mittal Sections IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Wealth Mine Networks Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Anant Securities | Sunflower 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 Chiraharit IPO is up to ₹29.51 Cr whereas the issue size of the Mittal Sections IPO is up to ₹50.26 Cr. The final issue price of Chiraharit IPO is ₹21.00 per share and of Mittal Sections IPO is ₹143.00 per share.
| Chiraharit IPO | Mittal Sections IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹136.00 per share | |
| Issue Price (Upper) | ₹143.00 per share | |
| Issue Price (Final) | ₹21.00 per share | ₹143.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1000 shares |
| Fresh Issue Size | 1,40,52,000 shares | 35,15,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.51 Cr | up to ₹50.26 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 | 1,40,52,000 shares | 35,15,000 shares |
| Issue Size Total (Amount) | up to ₹29.51 Cr | up to ₹50.26 Cr |
Chiraharit IPO opens on Sep 29, 2025, while Mittal Sections IPO opens on Oct 07, 2025. The closing date of Chiraharit IPO and Mittal Sections IPO is Oct 03, 2025, and Oct 09, 2025, respectively.
| Chiraharit IPO | Mittal Sections IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2025 | Oct 07, 2025 |
| Issue Close | Oct 03, 2025 | Oct 09, 2025 |
| Basis Of Allotment (Tentative) | Oct 06, 2025 | Oct 10, 2025 |
| Initiation of Refunds (Tentative) | Oct 07, 2025 | Oct 13, 2025 |
| Credit of Share (Tentative) | Oct 07, 2025 | Oct 13, 2025 |
| Listing date (Tentative) | Oct 08, 2025 | Oct 14, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Chiraharit IPO P/E ratio is 13.95, as compared to Mittal Sections IPO P/E ratio of 31.15.
| Chiraharit IPO | Mittal Sections IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Chiraharit Ltd.'s revenue increased by 96% and profit after tax (PAT) rose by 898% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Mittal Sections Ltd.'s revenue decreased by 15% and profit after tax (PAT) rose by 91% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 99.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 67.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.95 | 31.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.07 Cr. | ₹165.42 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 62.91 | 34.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.29 | 31.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.11 | 2.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.51 | ₹4.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 62.91 | 34.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chiraharit IPO Retail Individual Investors (RII) are offered 70,26,000 shares while in Mittal Sections IPO retail investors are offered 70,26,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Chiraharit IPO and 1,85,000 shares in Mittal Sections IPO.
| Chiraharit IPO | Mittal Sections IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 7,44,000 shares | 1,85,000 shares |
| QIB | 0 shares | 1,85,000 shares |
| NII | 70,26,000 shares | 16,65,000 shares |
| RII | 70,26,000 shares | 16,65,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 1,40,52,000 shares | 35,15,000 shares |
Chiraharit IPO subscribed 1.88x in total, whereas Mittal Sections IPO subscribed 2.25x.
| Chiraharit IPO | Mittal Sections IPO | |
|---|---|---|
| QIB (times) | 1.13x | |
| NII (times) | 0.73x | 0.55x |
| Big NII (times) | 0.41x | |
| Small NII (times) | 0.83x | |
| RII (times) | 3.03x | 4.08x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 2.25x |
