Comparison between Clay Craft IPO and Msafe Equipments IPO.
Clay Craft IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Msafe Equipments IPO is a SME Bookbuilding proposed to list at BSE SME.
| Clay Craft IPO | Msafe Equipments IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Seren Capital Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Evermore Share Broking Private Limited | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | |
| Anchor Investor | Anchor Investor ![]() | |
| IPO Allotment URL | IPO Allotment URL ![]() |
The total issue size of Clay Craft IPO is up to ₹0.00 Cr whereas the issue size of the Msafe Equipments IPO is up to ₹62.75 Cr. The final issue price of Clay Craft IPO is and of Msafe Equipments IPO is ₹123.00 per share.
| Clay Craft IPO | Msafe Equipments IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹116.00 per share | |
| Issue Price (Upper) | ₹123.00 per share | |
| Issue Price (Final) | ₹123.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | |
| Fresh Issue Size | 54,24,000 shares | 41,02,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹50.45 Cr |
| OFS Issue Size | 0 shares | 10,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹12.30 Cr |
| Issue Size Total | 54,24,000 shares | 51,02,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹62.75 Cr |
Clay Craft IPO opens on , while Msafe Equipments IPO opens on Jan 28, 2026. The closing date of Clay Craft IPO and Msafe Equipments IPO is , and Jan 30, 2026, respectively.
| Clay Craft IPO | Msafe Equipments IPO | |
|---|---|---|
| Anchor Bid Date | Jan 27, 2026 | |
| Issue Open | Jan 28, 2026 | |
| Issue Close | Jan 30, 2026 | |
| Basis Of Allotment (Tentative) | Feb 02, 2026 | |
| Initiation of Refunds (Tentative) | Feb 03, 2026 | |
| Credit of Share (Tentative) | Feb 03, 2026 | |
| Listing date (Tentative) | Feb 04, 2026 | |
| Anchor Lockin End date 1 | Mar 06, 2026 | |
| Anchor Lockin End date 2 | May 05, 2026 |
Clay Craft IPO P/E ratio is , as compared to Msafe Equipments IPO P/E ratio of 15.12.
| Clay Craft IPO | Msafe Equipments IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Standalone)Clay Craft India Ltd.'s revenue increased by 5% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
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| Promoter Shareholding (Pre-Issue) | 100 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹250.92 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.21 | 67.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.05 | 34.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.48 | 50.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Clay Craft IPO Retail Individual Investors (RII) are offered 0 shares while in Msafe Equipments IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Clay Craft IPO and 10,17,000 shares in Msafe Equipments IPO.
| Clay Craft IPO | Msafe Equipments IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 15,25,000 shares |
| Market Maker Reservation | 0 shares | 2,98,000 shares |
| QIB | 0 shares | 10,17,000 shares |
| NII | 0 shares | 7,74,000 shares |
| RII | 0 shares | 17,86,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 51,02,000 shares |
Clay Craft IPO subscribed in total, whereas Msafe Equipments IPO subscribed 166.72x.
| Clay Craft IPO | Msafe Equipments IPO | |
|---|---|---|
| QIB (times) | 117.97x | |
| NII (times) | 308.23x | |
| Big NII (times) | 380.85x | |
| Small NII (times) | 162.98x | |
| RII (times) | 133.16x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 166.72x |