Deepak Chemtex IPO vs Kalyani Cast Tech IPO

Comparison between Deepak Chemtex IPO and Kalyani Cast Tech IPO.

IPO Details

Deepak Chemtex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Kalyani Cast Tech IPO is a SME Bookbuilding proposed to list at BSE SME.

	Deepak Chemtex IPO	Kalyani Cast Tech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Ltd.	Gretex Corporate Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Deepak Chemtex IPO is up to ₹21.86 Cr whereas the issue size of the Kalyani Cast Tech IPO is up to ₹25.08 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of Kalyani Cast Tech IPO is ₹139.00 per share.

	Deepak Chemtex IPO	Kalyani Cast Tech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹76.00 per share	₹137.00 per share
Issue Price (Upper)	₹80.00 per share	₹139.00 per share
Issue Price (Final)	₹80.00 per share	₹139.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	27,32,800 shares	18,04,000 shares
Fresh Issue Size (Amount)	up to ₹21.86 Cr	up to ₹25.08 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	27,32,800 shares	18,04,000 shares
Issue Size Total (Amount)	up to ₹21.86 Cr	up to ₹25.08 Cr

IPO Timetable

Deepak Chemtex IPO opens on Nov 29, 2023, while Kalyani Cast Tech IPO opens on Nov 08, 2023. The closing date of Deepak Chemtex IPO and Kalyani Cast Tech IPO is Dec 01, 2023, and Nov 10, 2023, respectively.

	Deepak Chemtex IPO	Kalyani Cast Tech IPO
Anchor Bid Date	Nov 28, 2023	Nov 07, 2023
Issue Open	Nov 29, 2023	Nov 08, 2023
Issue Close	Dec 01, 2023	Nov 10, 2023
Basis Of Allotment (Tentative)	Dec 06, 2023	Nov 13, 2023
Initiation of Refunds (Tentative)	Dec 07, 2023	Nov 15, 2023
Credit of Share (Tentative)	Dec 08, 2023	Nov 17, 2023
Listing date (Tentative)	Dec 06, 2023	Nov 17, 2023
Anchor Lockin End date 1	Jan 05, 2024	Dec 13, 2023
Anchor Lockin End date 2	Mar 05, 2024	Feb 11, 2024

Financials & KPIs

Deepak Chemtex IPO P/E ratio is 10.14, as compared to Kalyani Cast Tech IPO P/E ratio of 8.67.

Deepak Chemtex IPO

Kalyani Cast Tech IPO

Financials

Deepak Chemtex Limited Financial Information (Restated Consolidated)

Deepak Chemtex Limited's revenue decreased by -12.12% and profit after tax (PAT) rose by 49.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022
Assets	2,820.64	2,382.32	1,715.17
Total Income	2,212.95	4,783.72	5,443.68
Profit After Tax	311.18	631.02	423.10
Net Worth	1,879.90	1,568.88	938.43
Reserves and Surplus	1,081.50	1,518.98	888.53
Total Borrowing	120.78	136.80	199.49
Amount in ₹ Lakhs

Kalyani Cast Tech Ltd Financial Information (Restated)

Kalyani Cast Tech Ltd's revenue increased by 28.08% and profit after tax (PAT) rose by 585.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,059.18	2,420.19	1,599.54	1,367.88
Total Income	2,467.85	6,336.46	4,947.12	1,135.26
Profit After Tax	293.64	803.79	117.33	35.36
Net Worth	1,717.65	1,424.01	620.22	502.89
Reserves and Surplus	1,216.20	922.56	118.77	1.44
Total Borrowing	581.92	342.05	269.87	498.54
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.40

100

Promoter Shareholding (Post-Issue)

73.05

69.83

P/E Ratio

10.14

8.67

Market Cap

₹86.91 Cr.

₹99.81 Cr.

ROE

50.27%

78.64%

ROCE

49.65%

67.56%

Debt/Equity

0.09

0.34

EPS

₹7.89

₹16.03

RoNW

40.17%

56.45%

Shares Offered

In the Deepak Chemtex IPO Retail Individual Investors (RII) are offered 9,56,800 shares while in Kalyani Cast Tech IPO retail investors are offered 9,56,800 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 3,61,000 shares in Kalyani Cast Tech IPO.

	Deepak Chemtex IPO	Kalyani Cast Tech IPO
Anchor Investor Reserveration	8,17,600 shares	5,40,000 shares
Market Maker Reserveration	1,47,200 shares	3,62,000 shares
QIB	5,47,200 shares	3,61,000 shares
NII	4,11,200 shares	2,71,000 shares
RII	9,56,800 shares	6,32,000 shares
Employee
Others
Total	27,32,800 shares	18,04,000 shares

Bids Received (Subscription)

Deepak Chemtex IPO subscribed 403.03x in total, whereas Kalyani Cast Tech IPO subscribed 208.59x.

	Deepak Chemtex IPO	Kalyani Cast Tech IPO
QIB (times)	96.80x	66.35x
NII (times)	642.25x	439.20x
Big NII (times)
Small NII (times)
RII (times)	475.36x	190.95x
Employee (times)
Other (times)
Total (times)	403.03x	208.59x

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