Goel Construction IPO vs Kasturi Metal Composite IPO

Comparison between Goel Construction IPO and Kasturi Metal Composite IPO.

IPO Details

Goel Construction IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Kasturi Metal Composite IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Goel Construction IPO is up to ₹95.14 Cr whereas the issue size of the Kasturi Metal Composite IPO is up to ₹16.73 Cr. The final issue price of Goel Construction IPO is ₹263.00 per share and of Kasturi Metal Composite IPO is ₹64.00 per share.

 Goel Construction IPOKasturi Metal Composite IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹250.00 per share₹61.00 per share
Issue Price (Upper)₹263.00 per share₹64.00 per share
Issue Price (Final)₹263.00 per share₹64.00 per share
Discount (Retail)
Discount (Employee)₹10.00 per share
Market Lot Size400 shares2000 shares
Fresh Issue Size28,94,000 shares26,14,000 shares
Fresh Issue Size (Amount)up to ₹76.11 Crup to ₹16.73 Cr
OFS Issue Size7,23,600 shares0 shares
OFS Issue Size (Amount)up to ₹19.03 Crup to ₹0.00 Cr
Issue Size Total36,17,600 shares26,14,000 shares
Issue Size Total (Amount)up to ₹95.14 Crup to ₹16.73 Cr

IPO Timetable

Goel Construction IPO opens on Sep 02, 2025, while Kasturi Metal Composite IPO opens on Jan 27, 2026. The closing date of Goel Construction IPO and Kasturi Metal Composite IPO is Sep 04, 2025, and Jan 29, 2026, respectively.

 Goel Construction IPOKasturi Metal Composite IPO
Anchor Bid DateSep 01, 2025Jan 23, 2026
Issue OpenSep 02, 2025Jan 27, 2026
Issue CloseSep 04, 2025Jan 29, 2026
Basis Of Allotment (Tentative)Sep 08, 2025Jan 30, 2026
Initiation of Refunds (Tentative)Sep 09, 2025Feb 02, 2026
Credit of Share (Tentative)Sep 09, 2025Feb 02, 2026
Listing date (Tentative)Sep 09, 2025Feb 03, 2026
Anchor Lockin End date 1Oct 04, 2025Feb 28, 2026
Anchor Lockin End date 2Dec 03, 2025Apr 29, 2026

Financials & KPIs

Goel Construction IPO P/E ratio is 7.8, as compared to Kasturi Metal Composite IPO P/E ratio of 23.59.

 Goel Construction IPOKasturi Metal Composite IPO
Financials

Company Financials (Restated)

Goel Construction Co.Ltd.'s revenue increased by 53% and profit after tax (PAT) rose by 69% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets265.09219.51205.04
Total Income594.34388.79272.94
Profit After Tax38.3222.6414.30
EBITDA57.9136.2923.41
NET Worth131.5993.2770.62
Reserves and Surplus120.2292.2369.59
Total Borrowing28.7130.5128.51
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets44.4335.5733.4521.71
Total Income32.2957.2250.2037.37
Profit After Tax2.472.072.351.49
EBITDA4.805.695.403.97
NET Worth20.1917.7612.297.03
Reserves and Surplus12.5510.1211.286.24
Total Borrowing14.2813.1511.839.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.792.35
Promoter Shareholding (Post-Issue)71.8367.90
P/E Ratio7.823.59
Market Cap₹380.02 Cr.₹66.53 Cr.
ROE13.80
ROCE33.6913.76
Debt/Equity0.220.74
EPS₹33.72₹2.71
RoNW34.0911.54

Shares Offered

In the Goel Construction IPO Retail Individual Investors (RII) are offered 12,40,800 shares while in Kasturi Metal Composite IPO retail investors are offered 12,40,800 shares. Qualified Institutional Buyers (QIB) are offered 7,08,400 shares in Goel Construction IPO and 5,22,000 shares in Kasturi Metal Composite IPO.

 Goel Construction IPOKasturi Metal Composite IPO
Anchor Investor Reservation10,62,000 shares7,82,000 shares
Market Maker Reservation1,90,400 shares1,38,000 shares
QIB7,08,400 shares5,22,000 shares
NII5,32,800 shares3,94,000 shares
RII12,40,800 shares9,16,000 shares
Employee73,600 shares0 shares
Others
Total36,17,600 shares26,14,000 shares

Bids Received (Subscription)

Goel Construction IPO subscribed 124.34x in total, whereas Kasturi Metal Composite IPO subscribed 17.75x.

 Goel Construction IPOKasturi Metal Composite IPO
QIB (times)124.20x4.00x
NII (times)224.80x38.88x
Big NII (times)280.68x46.95x
Small NII (times)113.03x22.88x
RII (times)88.61x16.49x
Employee (times)1.01x
Other (times)
Total (times)124.34x17.75x

Compare with others

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Goel Construction IPO Vs Kasturi Metal Composite IPO