Comparison between Kalyani Cast Tech IPO and Micropro Software Solutions IPO.
Kalyani Cast Tech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Micropro Software Solutions IPO is a SME Fixed Price proposed to list at NSE SME.
| Kalyani Cast Tech IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kalyani Cast Tech IPO is up to ₹25.08 Cr whereas the issue size of the Micropro Software Solutions IPO is up to ₹29.16 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of Micropro Software Solutions IPO is ₹81.00 per share.
| Kalyani Cast Tech IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹137.00 per share | |
| Issue Price (Upper) | ₹139.00 per share | |
| Issue Price (Final) | ₹139.00 per share | ₹81.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 18,04,000 shares | 36,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹25.08 Cr | up to ₹29.16 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 | 18,04,000 shares | 36,00,000 shares |
| Issue Size Total (Amount) | up to ₹25.08 Cr | up to ₹29.16 Cr |
Kalyani Cast Tech IPO opens on Nov 08, 2023, while Micropro Software Solutions IPO opens on Nov 03, 2023. The closing date of Kalyani Cast Tech IPO and Micropro Software Solutions IPO is Nov 10, 2023, and Nov 07, 2023, respectively.
| Kalyani Cast Tech IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2023 | |
| Issue Open | Nov 08, 2023 | Nov 03, 2023 |
| Issue Close | Nov 10, 2023 | Nov 07, 2023 |
| Basis Of Allotment (Tentative) | Nov 13, 2023 | Nov 09, 2023 |
| Initiation of Refunds (Tentative) | Nov 15, 2023 | Nov 10, 2023 |
| Credit of Share (Tentative) | Nov 17, 2023 | Nov 10, 2023 |
| Listing date (Tentative) | Nov 17, 2023 | Nov 10, 2023 |
| Anchor Lockin End date 1 | Dec 13, 2023 | |
| Anchor Lockin End date 2 | Feb 11, 2024 |
Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to Micropro Software Solutions IPO P/E ratio of 0.34.
| Kalyani Cast Tech IPO | Micropro Software Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Micropro Software Solutions Limited Financial Information (Restated)Micropro Software Solutions Limited's revenue increased by 26.32% and profit after tax (PAT) rose by 121.69% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100 | 63.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.83 | 46.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.67 | 0.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹99.81 Cr. | ₹116.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 78.64% | 44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 67.56% | 41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.34 | 0.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.03 | ₹5.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 56.45% | 35.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kalyani Cast Tech IPO Retail Individual Investors (RII) are offered 6,32,000 shares while in Micropro Software Solutions IPO retail investors are offered 6,32,000 shares. Qualified Institutional Buyers (QIB) are offered 3,61,000 shares in Kalyani Cast Tech IPO and in Micropro Software Solutions IPO.
| Kalyani Cast Tech IPO | Micropro Software Solutions IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,40,000 shares | |
| Market Maker Reserveration | 3,62,000 shares | 1,90,400 shares |
| QIB | 3,61,000 shares | |
| NII | 2,71,000 shares | 18,00,000 shares |
| RII | 6,32,000 shares | 18,00,000 shares |
| Employee | ||
| Others | ||
| Total | 18,04,000 shares | 36,00,000 shares |
Kalyani Cast Tech IPO subscribed 208.59x in total, whereas Micropro Software Solutions IPO subscribed 36.88x.
| Kalyani Cast Tech IPO | Micropro Software Solutions IPO | |
|---|---|---|
| QIB (times) | 66.35x | |
| NII (times) | 439.20x | 22.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 190.95x | 49.08x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 208.59x | 36.88x |
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