Comparison between Gurunanak Agriculture IPO and Karbonsteel Engineering IPO.
Gurunanak Agriculture IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Karbonsteel Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.
| Gurunanak Agriculture IPO | Karbonsteel Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Seren Capital Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Anant Securities | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gurunanak Agriculture IPO is up to ₹27.36 Cr whereas the issue size of the Karbonsteel Engineering IPO is up to ₹56.31 Cr. The final issue price of Gurunanak Agriculture IPO is ₹75.00 per share and of Karbonsteel Engineering IPO is ₹159.00 per share.
| Gurunanak Agriculture IPO | Karbonsteel Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹151.00 per share | |
| Issue Price (Upper) | ₹159.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹159.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 800 shares |
| Fresh Issue Size | 36,48,000 shares | 28,51,600 shares |
| Fresh Issue Size (Amount) | up to ₹27.36 Cr | up to ₹45.34 Cr |
| OFS Issue Size | 0 shares | 6,90,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹10.97 Cr |
| Issue Size Total | 36,48,000 shares | 35,41,600 shares |
| Issue Size Total (Amount) | up to ₹27.36 Cr | up to ₹56.31 Cr |
Gurunanak Agriculture IPO opens on Sep 24, 2025, while Karbonsteel Engineering IPO opens on Sep 09, 2025. The closing date of Gurunanak Agriculture IPO and Karbonsteel Engineering IPO is Sep 26, 2025, and Sep 11, 2025, respectively.
| Gurunanak Agriculture IPO | Karbonsteel Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Sep 04, 2025 | |
| Issue Open | Sep 24, 2025 | Sep 09, 2025 |
| Issue Close | Sep 26, 2025 | Sep 11, 2025 |
| Basis Of Allotment (Tentative) | Sep 29, 2025 | Sep 12, 2025 |
| Initiation of Refunds (Tentative) | Sep 30, 2025 | Sep 15, 2025 |
| Credit of Share (Tentative) | Sep 30, 2025 | Sep 15, 2025 |
| Listing date (Tentative) | Oct 01, 2025 | Sep 16, 2025 |
| Anchor Lockin End date 1 | Oct 15, 2025 | |
| Anchor Lockin End date 2 | Dec 15, 2025 |
Gurunanak Agriculture IPO P/E ratio is 10.11, as compared to Karbonsteel Engineering IPO P/E ratio of 12.47.
| Gurunanak Agriculture IPO | Karbonsteel Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)Gurunanak Agriculture India Ltd.'s revenue not changed and profit after tax (PAT) rose by 147% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Karbonsteel Engineering Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 72.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68 | 51.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.11 | 12.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹90.00 Cr. | ₹224.85 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.33 | 27.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 63.88 | 24.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.38 | 1.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.42 | ₹12.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 49.33 | 23.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gurunanak Agriculture IPO Retail Individual Investors (RII) are offered 18,24,000 shares while in Karbonsteel Engineering IPO retail investors are offered 18,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Gurunanak Agriculture IPO and 7,08,000 shares in Karbonsteel Engineering IPO.
| Gurunanak Agriculture IPO | Karbonsteel Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 10,60,800 shares |
| Market Maker Reservation | 1,92,000 shares | 1,88,000 shares |
| QIB | 0 shares | 7,08,000 shares |
| NII | 18,24,000 shares | 5,32,800 shares |
| RII | 18,24,000 shares | 12,40,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 36,48,000 shares | 35,41,600 shares |
Gurunanak Agriculture IPO subscribed 1.72x in total, whereas Karbonsteel Engineering IPO subscribed 76.59x.
| Gurunanak Agriculture IPO | Karbonsteel Engineering IPO | |
|---|---|---|
| QIB (times) | 121.61x | |
| NII (times) | 0.29x | 85.99x |
| Big NII (times) | 102.58x | |
| Small NII (times) | 52.80x | |
| RII (times) | 3.15x | 46.84x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.72x | 76.59x |
