Comparison between M P K Steels IPO and Modern Diagnostic IPO.
M P K Steels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Modern Diagnostic IPO is a SME Bookbuilding proposed to list at BSE SME.
| M P K Steels IPO | Modern Diagnostic IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | 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 M P K Steels IPO is up to ₹24.45 Cr whereas the issue size of the Modern Diagnostic IPO is up to ₹35.04 Cr. The final issue price of M P K Steels IPO is ₹79.00 per share and of Modern Diagnostic IPO is ₹90.00 per share.
| M P K Steels IPO | Modern Diagnostic IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹79.00 per share | ₹90.00 per share |
| Issue Price (Final) | ₹79.00 per share | ₹90.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 30,94,400 shares | 38,92,800 shares |
| Fresh Issue Size (Amount) | up to ₹24.45 Cr | up to ₹35.04 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,94,400 shares | 38,92,800 shares |
| Issue Size Total (Amount) | up to ₹24.45 Cr | up to ₹35.04 Cr |
M P K Steels IPO opens on Sep 26, 2025, while Modern Diagnostic IPO opens on Dec 31, 2025. The closing date of M P K Steels IPO and Modern Diagnostic IPO is Sep 30, 2025, and Jan 02, 2026, respectively.
| M P K Steels IPO | Modern Diagnostic IPO | |
|---|---|---|
| Anchor Bid Date | Dec 30, 2025 | |
| Issue Open | Sep 26, 2025 | Dec 31, 2025 |
| Issue Close | Sep 30, 2025 | Jan 02, 2026 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Jan 05, 2026 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Jan 06, 2026 |
| Credit of Share (Tentative) | Oct 03, 2025 | Jan 06, 2026 |
| Listing date (Tentative) | Oct 06, 2025 | Jan 07, 2026 |
| Anchor Lockin End date 1 | Feb 03, 2026 | |
| Anchor Lockin End date 2 | Apr 04, 2026 |
M P K Steels IPO P/E ratio is 9.04, as compared to Modern Diagnostic IPO P/E ratio of 11.04.
| M P K Steels IPO | Modern Diagnostic IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)M P K Steels (I) Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 95% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Modern Diagnostic & Research Centre Ltd.'s revenue increased by 15% and profit after tax (PAT) rose by 55% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 97.82 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.52 | 72.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.04 | 11.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.43 Cr. | ₹135.89 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.55 | 55.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.32 | 36.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 1.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.74 | ₹8.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.98 | 43.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the M P K Steels IPO Retail Individual Investors (RII) are offered 20,12,800 shares while in Modern Diagnostic IPO retail investors are offered 20,12,800 shares. Qualified Institutional Buyers (QIB) are offered 1,50,400 shares in M P K Steels IPO and 7,82,400 shares in Modern Diagnostic IPO.
| M P K Steels IPO | Modern Diagnostic IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 11,61,600 shares |
| Market Maker Reservation | 1,63,200 shares | 2,06,400 shares |
| QIB | 1,50,400 shares | 7,82,400 shares |
| NII | 9,31,200 shares | 5,85,600 shares |
| RII | 20,12,800 shares | 13,63,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 30,94,400 shares | 38,92,800 shares |
M P K Steels IPO subscribed 1.54x in total, whereas Modern Diagnostic IPO subscribed 376.90x.
| M P K Steels IPO | Modern Diagnostic IPO | |
|---|---|---|
| QIB (times) | 19.95x | 193.51x |
| NII (times) | 0.65x | 702.08x |
| Big NII (times) | 0.92x | 855.83x |
| Small NII (times) | 0.11x | 386.91x |
| RII (times) | 0.58x | 342.46x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.54x | 376.90x |
