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.

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 IPOROX 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 Size1000 shares1600 shares
Fresh Issue Size18,04,000 shares51,69,600 shares
Fresh Issue Size (Amount)up to ₹25.08 Crup to ₹42.91 Cr
OFS Issue Size0 shares5,47,200 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.54 Cr
Issue Size Total18,04,000 shares57,16,800 shares
Issue Size Total (Amount)up to ₹25.08 Crup 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 IPOROX Hi-Tech IPO
Anchor Bid DateNov 07, 2023Nov 06, 2023
Issue OpenNov 08, 2023Nov 07, 2023
Issue CloseNov 10, 2023Nov 09, 2023
Basis Of Allotment (Tentative)Nov 13, 2023Nov 15, 2023
Initiation of Refunds (Tentative)Nov 15, 2023Nov 16, 2023
Credit of Share (Tentative)Nov 17, 2023Nov 16, 2023
Listing date (Tentative)Nov 17, 2023Nov 16, 2023
Anchor Lockin End date 1Dec 13, 2023Dec 15, 2023
Anchor Lockin End date 2Feb 11, 2024Feb 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 IPOROX Hi-Tech IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets30.5924.2016.0013.68
Total Income24.6863.3649.4711.35
Profit After Tax2.948.041.170.35
NET Worth17.1814.246.205.03
Reserves and Surplus12.169.231.190.01
Total Borrowing5.823.422.704.99
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets80.1161.0338.6738.88
Total Income50.01133.99102.9765.48
Profit After Tax6.7615.331.510.66
NET Worth30.9124.158.827.31
Reserves and Surplus14.0916.681.354.06
Total Borrowing28.3922.5817.9511.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10083.29
Promoter Shareholding (Post-Issue)69.83
P/E Ratio8.679.11
Market Cap₹99.81 Cr.₹189.52 Cr.
ROE78.64%63.48%
ROCE67.56%50.17%
Debt/Equity0.340.94
EPS₹16.03₹9.11
RoNW56.45%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 IPOROX Hi-Tech IPO
Anchor Investor Reservation5,40,000 shares15,76,000 shares
Market Maker Reservation3,62,000 shares8,48,000 shares
QIB3,61,000 shares10,51,200 shares
NII2,71,000 shares8,96,000 shares
RII6,32,000 shares21,93,600 shares
Employee
Others
Total18,04,000 shares57,16,800 shares

Bids Received (Subscription)

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

 Kalyani Cast Tech IPOROX Hi-Tech IPO
QIB (times)66.35x106.25x
NII (times)439.20x366.86x
Big NII (times)
Small NII (times)
RII (times)190.95x204.02x
Employee (times)
Other (times)
Total (times)208.59x214.44x

Compare with others

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Kalyani Cast Tech IPO Vs ROX Hi-Tech IPO