Comparison between Krupalu Metals IPO and True Colors IPO.
Krupalu Metals IPO is a SME Bookbuilding IPO proposed to list at BSE SME while True Colors IPO is a SME Bookbuilding proposed to list at BSE SME.
| Krupalu Metals IPO | True Colors IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Anant Securities | Giriraj Stock Broking Pvt.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 Krupalu Metals IPO is up to ₹12.80 Cr whereas the issue size of the True Colors IPO is up to ₹121.54 Cr. The final issue price of Krupalu Metals IPO is ₹72.00 per share and of True Colors IPO is ₹191.00 per share.
| Krupalu Metals IPO | True Colors IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹181.00 per share | |
| Issue Price (Upper) | ₹191.00 per share | |
| Issue Price (Final) | ₹72.00 per share | ₹191.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 600 shares |
| Fresh Issue Size | 17,77,600 shares | 53,63,600 shares |
| Fresh Issue Size (Amount) | up to ₹12.80 Cr | up to ₹102.44 Cr |
| OFS Issue Size | 0 shares | 10,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹19.10 Cr |
| Issue Size Total | 17,77,600 shares | 63,63,600 shares |
| Issue Size Total (Amount) | up to ₹12.80 Cr | up to ₹121.54 Cr |
Krupalu Metals IPO opens on Sep 08, 2025, while True Colors IPO opens on Sep 23, 2025. The closing date of Krupalu Metals IPO and True Colors IPO is Sep 11, 2025, and Sep 25, 2025, respectively.
| Krupalu Metals IPO | True Colors IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | |
| Issue Open | Sep 08, 2025 | Sep 23, 2025 |
| Issue Close | Sep 11, 2025 | Sep 25, 2025 |
| Basis Of Allotment (Tentative) | Sep 12, 2025 | Sep 26, 2025 |
| Initiation of Refunds (Tentative) | Sep 15, 2025 | Sep 29, 2025 |
| Credit of Share (Tentative) | Sep 15, 2025 | Sep 29, 2025 |
| Listing date (Tentative) | Sep 16, 2025 | Sep 30, 2025 |
| Anchor Lockin End date 1 | Oct 25, 2025 | |
| Anchor Lockin End date 2 | Dec 24, 2025 |
Krupalu Metals IPO P/E ratio is 13.39, as compared to True Colors IPO P/E ratio of 14.66.
| Krupalu Metals IPO | True Colors IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Krupalu Metals Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 39% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)True Colors Ltd.'s revenue increased by 45% and profit after tax (PAT) rose by 199% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 94.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.12 | 68.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.39 | 14.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹42.28 Cr. | ₹470.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 70.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 48.45% | 35.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.37 | 0.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.38 | ₹13.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.12% | 44.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Krupalu Metals IPO Retail Individual Investors (RII) are offered 8,89,600 shares while in True Colors IPO retail investors are offered 8,89,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Krupalu Metals IPO and 12,70,800 shares in True Colors IPO.
| Krupalu Metals IPO | True Colors IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 19,05,600 shares |
| Market Maker Reservation | 94,400 shares | 3,36,000 shares |
| QIB | 0 shares | 12,70,800 shares |
| NII | 8,88,000 shares | 9,57,600 shares |
| RII | 8,89,600 shares | 22,29,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 17,77,600 shares | 63,63,600 shares |
Krupalu Metals IPO subscribed 1.20x in total, whereas True Colors IPO subscribed 45.46x.
| Krupalu Metals IPO | True Colors IPO | |
|---|---|---|
| QIB (times) | 43.41x | |
| NII (times) | 1.27x | 50.58x |
| Big NII (times) | 55.05x | |
| Small NII (times) | 41.65x | |
| RII (times) | 1.13x | 44.42x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.20x | 45.46x |
