Kalyani Cast Tech IPO vs ROX Hi-Tech IPO

Comparison between Kalyani Cast Tech IPO and ROX Hi-Tech IPO.

IPO Details

Kalyani Cast Tech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while ROX Hi-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.

	Kalyani Cast Tech IPO	ROX Hi-Tech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
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.	Share India Securities 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 Kalyani Cast Tech IPO is up to ₹25.08 Cr whereas the issue size of the ROX Hi-Tech IPO is up to ₹47.45 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of ROX Hi-Tech IPO is ₹83.00 per share.

	Kalyani Cast Tech IPO	ROX Hi-Tech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹137.00 per share	₹80.00 per share
Issue Price (Upper)	₹139.00 per share	₹83.00 per share
Issue Price (Final)	₹139.00 per share	₹83.00 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	51,69,600 shares
Fresh Issue Size (Amount)	up to ₹25.08 Cr	up to ₹42.91 Cr
OFS Issue Size	0 shares	5,47,200 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹4.54 Cr
Issue Size Total	18,04,000 shares	57,16,800 shares
Issue Size Total (Amount)	up to ₹25.08 Cr	up to ₹47.45 Cr

IPO Timetable

Kalyani Cast Tech IPO opens on Nov 08, 2023, while ROX Hi-Tech IPO opens on Nov 07, 2023. The closing date of Kalyani Cast Tech IPO and ROX Hi-Tech IPO is Nov 10, 2023, and Nov 09, 2023, respectively.

	Kalyani Cast Tech IPO	ROX Hi-Tech IPO
Anchor Bid Date	Nov 07, 2023	Nov 06, 2023
Issue Open	Nov 08, 2023	Nov 07, 2023
Issue Close	Nov 10, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Nov 13, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Nov 15, 2023	Nov 16, 2023
Credit of Share (Tentative)	Nov 17, 2023	Nov 16, 2023
Listing date (Tentative)	Nov 17, 2023	Nov 16, 2023
Anchor Lockin End date 1	Dec 13, 2023	Dec 15, 2023
Anchor Lockin End date 2	Feb 11, 2024	Feb 13, 2024

Financials & KPIs

Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to ROX Hi-Tech IPO P/E ratio of 9.11.

Kalyani Cast Tech IPO

ROX Hi-Tech 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.

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

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,010.87	6,103.26	3,866.72	3,887.58
Total Income	5,001.20	13,398.85	10,297.25	6,547.94
Profit After Tax	675.89	1,532.97	151.31	66.15
Net Worth	3,090.93	2,415.03	882.06	730.75
Reserves and Surplus	1,409.05	1,667.53	134.56	405.75
Total Borrowing	2,838.79	2,258.36	1,794.59	1,135.32
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

83.29

Promoter Shareholding (Post-Issue)

69.83

P/E Ratio

8.67

9.11

Market Cap

₹99.81 Cr.

₹189.52 Cr.

ROE

78.64%

63.48%

ROCE

67.56%

50.17%

Debt/Equity

0.34

0.94

EPS

₹16.03

₹9.11

RoNW

56.45%

63.48%

Shares Offered

In the Kalyani Cast Tech IPO Retail Individual Investors (RII) are offered 6,32,000 shares while in ROX Hi-Tech 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 10,51,200 shares in ROX Hi-Tech IPO.

	Kalyani Cast Tech IPO	ROX Hi-Tech IPO
Anchor Investor Reserveration	5,40,000 shares	15,76,000 shares
Market Maker Reserveration	3,62,000 shares	8,48,000 shares
QIB	3,61,000 shares	10,51,200 shares
NII	2,71,000 shares	8,96,000 shares
RII	6,32,000 shares	21,93,600 shares
Employee
Others
Total	18,04,000 shares	57,16,800 shares

Bids Received (Subscription)

Kalyani Cast Tech IPO subscribed 208.59x in total, whereas ROX Hi-Tech IPO subscribed 214.44x.

	Kalyani Cast Tech IPO	ROX Hi-Tech IPO
QIB (times)	66.35x	106.25x
NII (times)	439.20x	366.86x
Big NII (times)
Small NII (times)
RII (times)	190.95x	204.02x
Employee (times)
Other (times)
Total (times)	208.59x	214.44x

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