Comparison between Finbud Financial IPO and Taurian MPS IPO.
Finbud Financial IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Taurian MPS IPO is a SME Bookbuilding proposed to list at NSE SME.
| Finbud Financial IPO | Taurian MPS IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | SKI Capital Services Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | SKI Capital Services Ltd. | Gretex Share Broking 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 Finbud Financial IPO is up to ₹68.09 Cr whereas the issue size of the Taurian MPS IPO is up to ₹37.41 Cr. The final issue price of Finbud Financial IPO is ₹142.00 per share and of Taurian MPS IPO is ₹171.00 per share.
| Finbud Financial IPO | Taurian MPS IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | ₹162.00 per share |
| Issue Price (Upper) | ₹142.00 per share | ₹171.00 per share |
| Issue Price (Final) | ₹142.00 per share | ₹171.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 800 shares |
| Fresh Issue Size | 47,95,000 shares | 21,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹68.09 Cr | up to ₹37.41 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 | 47,95,000 shares | 21,88,000 shares |
| Issue Size Total (Amount) | up to ₹68.09 Cr | up to ₹37.41 Cr |
Finbud Financial IPO opens on Nov 06, 2025, while Taurian MPS IPO opens on Sep 09, 2025. The closing date of Finbud Financial IPO and Taurian MPS IPO is Nov 10, 2025, and Sep 11, 2025, respectively.
| Finbud Financial IPO | Taurian MPS IPO | |
|---|---|---|
| Anchor Bid Date | Nov 04, 2025 | Sep 04, 2025 |
| Issue Open | Nov 06, 2025 | Sep 09, 2025 |
| Issue Close | Nov 10, 2025 | Sep 11, 2025 |
| Basis Of Allotment (Tentative) | Nov 11, 2025 | Sep 12, 2025 |
| Initiation of Refunds (Tentative) | Nov 12, 2025 | Sep 15, 2025 |
| Credit of Share (Tentative) | Nov 12, 2025 | Sep 15, 2025 |
| Listing date (Tentative) | Nov 13, 2025 | Sep 16, 2025 |
| Anchor Lockin End date 1 | Dec 11, 2025 | Oct 11, 2025 |
| Anchor Lockin End date 2 | Feb 09, 2026 | Dec 10, 2025 |
Finbud Financial IPO P/E ratio is 23.4, as compared to Taurian MPS IPO P/E ratio of 11.29.
| Finbud Financial IPO | Taurian MPS IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Finbud Financial Services Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Taurian MPS Ltd.'s revenue increased by 67% and profit after tax (PAT) dropped by 16% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 64.92 | 88.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 47.72 | 63.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.4 | 11.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹270.50 Cr. | ₹151.90 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.61% | 35.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.11% | 31.64% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.51 | 0.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.07 | ₹15.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.61% | 27.69% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Finbud Financial IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Taurian MPS IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 9,58,000 shares in Finbud Financial IPO and 4,36,800 shares in Taurian MPS IPO.
| Finbud Financial IPO | Taurian MPS IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,37,000 shares | 6,55,200 shares |
| Market Maker Reservation | 2,53,000 shares | 2,99,200 shares |
| QIB | 9,58,000 shares | 4,36,800 shares |
| NII | 7,20,000 shares | 3,29,600 shares |
| RII | 16,80,000 shares | 7,66,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,95,000 shares | 21,88,000 shares |
Finbud Financial IPO subscribed 4.43x in total, whereas Taurian MPS IPO subscribed 11.69x.
| Finbud Financial IPO | Taurian MPS IPO | |
|---|---|---|
| QIB (times) | 4.33x | 15.89x |
| NII (times) | 8.38x | 17.37x |
| Big NII (times) | 10.63x | 21.39x |
| Small NII (times) | 3.87x | 9.30x |
| RII (times) | 2.80x | 6.86x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.43x | 11.69x |
