Comparison between Anantam Highways InvIT IPO and Kusumgar IPO.
Anantam Highways InvIT IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kusumgar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Anantam Highways InvIT IPO is up to ₹400.00 Cr whereas the issue size of the Kusumgar IPO is up to ₹650.00 Cr. The final issue price of Anantam Highways InvIT IPO is ₹100.00 per share and of Kusumgar IPO is ₹419.00 per share.
| Anantam Highways InvIT IPO | Kusumgar IPO | |
|---|---|---|
| Face Value | ₹1 per share | |
| Issue Price (Lower) | ₹398.00 per share | |
| Issue Price (Upper) | ₹419.00 per share | |
| Issue Price (Final) | ₹100.00 per share | ₹419.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹39.00 per share | |
| Market Lot Size | 35 shares | |
| Fresh Issue Size | 4,00,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 1,55,21,350 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹650.00 Cr |
| Issue Size Total | 4,00,00,000 shares | 1,55,21,350 shares |
| Issue Size Total (Amount) | up to ₹400.00 Cr | up to ₹650.00 Cr |
Anantam Highways InvIT IPO opens on Oct 07, 2025, while Kusumgar IPO opens on Jul 08, 2026. The closing date of Anantam Highways InvIT IPO and Kusumgar IPO is Oct 09, 2025, and Jul 10, 2026, respectively.
| Anantam Highways InvIT IPO | Kusumgar IPO | |
|---|---|---|
| Anchor Bid Date | Oct 06, 2025 | Jul 07, 2026 |
| Issue Open | Oct 07, 2025 | Jul 08, 2026 |
| Issue Close | Oct 09, 2025 | Jul 10, 2026 |
| Basis Of Allotment (Tentative) | Oct 14, 2025 | Jul 13, 2026 |
| Initiation of Refunds (Tentative) | Oct 16, 2025 | Jul 14, 2026 |
| Credit of Share (Tentative) | Oct 16, 2025 | Jul 14, 2026 |
| Listing date (Tentative) | Oct 17, 2025 | Jul 15, 2026 |
| Anchor Lockin End date 1 | Nov 13, 2025 | Aug 12, 2026 |
| Anchor Lockin End date 2 | Jan 12, 2026 | Oct 11, 2026 |
Anantam Highways InvIT IPO P/E ratio is , as compared to Kusumgar IPO P/E ratio of 44.8.
| Anantam Highways InvIT IPO | Kusumgar IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Kusumgar Ltd.'s revenue decreased by 10% and profit after tax (PAT) dropped by 12% between the financial year ending with March 31, 2026 and March 31, 2025.
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| Promoter Shareholding (Pre-Issue) | 89.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 44.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2175.00 Cr. | ₹4399.14 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Anantam Highways InvIT IPO Retail Individual Investors (RII) are offered 0 shares while in Kusumgar IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 1,20,00,150 shares in Anantam Highways InvIT IPO and 30,85,919 shares in Kusumgar IPO.
| Anantam Highways InvIT IPO | Kusumgar IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,79,99,850 shares | 46,28,877 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 1,20,00,150 shares | 30,85,919 shares |
| NII | 1,00,00,000 shares | 23,14,439 shares |
| RII | 0 shares | 54,00,358 shares |
| Employee | 0 shares | 92,105 shares |
| Others | ||
| Total | 4,00,00,000 shares | 1,55,21,698 shares |
Anantam Highways InvIT IPO subscribed 3.16x in total, whereas Kusumgar IPO subscribed 95.23x.
| Anantam Highways InvIT IPO | Kusumgar IPO | |
|---|---|---|
| QIB (times) | 2.92x | 299.09x |
| NII (times) | 9.11x | 174.19x |
| Big NII (times) | 189.30x | |
| Small NII (times) | 143.97x | |
| RII (times) | 27.95x | |
| Employee (times) | 11.09x | |
| Other (times) | ||
| Total (times) | 3.16x | 95.23x |
