Comparison between Arunaya Organics IPO and Kiaasa Retail IPO.
Arunaya Organics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Kiaasa Retail IPO is a SME Bookbuilding proposed to list at BSE SME.
| Arunaya Organics IPO | Kiaasa Retail IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Unistone Capital Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | R.K.Stock Holding Pvt.Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arunaya Organics IPO is up to ₹32.27 Cr whereas the issue size of the Kiaasa Retail IPO is up to ₹66.24 Cr. The final issue price of Arunaya Organics IPO is ₹58.00 per share and of Kiaasa Retail IPO is ₹127.00 per share.
| Arunaya Organics IPO | Kiaasa Retail IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹55.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹58.00 per share | ₹127.00 per share |
| Issue Price (Final) | ₹58.00 per share | ₹127.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 49,64,000 shares | 52,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹28.79 Cr | up to ₹66.24 Cr |
| OFS Issue Size | 6,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.48 Cr | up to ₹0.00 Cr |
| Issue Size Total | 55,64,000 shares | 52,16,000 shares |
| Issue Size Total (Amount) | up to ₹32.27 Cr | up to ₹66.24 Cr |
Arunaya Organics IPO opens on Apr 29, 2025, while Kiaasa Retail IPO opens on Feb 23, 2026. The closing date of Arunaya Organics IPO and Kiaasa Retail IPO is May 02, 2025, and Feb 25, 2026, respectively.
| Arunaya Organics IPO | Kiaasa Retail IPO | |
|---|---|---|
| Anchor Bid Date | Feb 20, 2026 | |
| Issue Open | Apr 29, 2025 | Feb 23, 2026 |
| Issue Close | May 02, 2025 | Feb 25, 2026 |
| Basis Of Allotment (Tentative) | May 05, 2025 | Feb 26, 2026 |
| Initiation of Refunds (Tentative) | May 06, 2025 | Feb 27, 2026 |
| Credit of Share (Tentative) | May 06, 2025 | Feb 27, 2026 |
| Listing date (Tentative) | May 07, 2025 | Mar 02, 2026 |
| Anchor Lockin End date 1 | Mar 28, 2026 | |
| Anchor Lockin End date 2 | May 27, 2026 |
Arunaya Organics IPO P/E ratio is 17.55, as compared to Kiaasa Retail IPO P/E ratio of 19.31.
| Arunaya Organics IPO | Kiaasa Retail IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.72 | 71.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.79 | 50.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.55 | 19.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹101.72 Cr. | ₹231.51 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44.15% | 42.36% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 55.71% | 20.34% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | 0.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.30 | ₹6.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.27% | 20.60% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arunaya Organics IPO Retail Individual Investors (RII) are offered 22,26,000 shares while in Kiaasa Retail IPO retail investors are offered 22,26,000 shares. Qualified Institutional Buyers (QIB) are offered 11,12,000 shares in Arunaya Organics IPO and 52,000 shares in Kiaasa Retail IPO.
| Arunaya Organics IPO | Kiaasa Retail IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,96,000 shares | 2,75,000 shares |
| QIB | 11,12,000 shares | 52,000 shares |
| NII | 22,26,000 shares | 20,87,000 shares |
| RII | 22,26,000 shares | 30,76,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 55,64,000 shares | 52,15,000 shares |
Arunaya Organics IPO subscribed 2.53x in total, whereas Kiaasa Retail IPO subscribed 2.05x.
| Arunaya Organics IPO | Kiaasa Retail IPO | |
|---|---|---|
| QIB (times) | 1.01x | 14.98x |
| NII (times) | 1.49x | 1.16x |
| Big NII (times) | 1.29x | |
| Small NII (times) | 0.90x | |
| RII (times) | 4.33x | 2.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.53x | 2.05x |
