Comparison between M P K Steels IPO and Snehaa Organics IPO.
M P K Steels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Snehaa Organics IPO is a SME Bookbuilding proposed to list at NSE SME.
| M P K Steels IPO | Snehaa Organics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Novus Capital Advisors Private Limited |
| Registrar | Maashitla Securities Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Nirman Share Brokers Pvt.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 M P K Steels IPO is up to ₹24.45 Cr whereas the issue size of the Snehaa Organics IPO is up to ₹31.05 Cr. The final issue price of M P K Steels IPO is ₹79.00 per share and of Snehaa Organics IPO is ₹122.00 per share.
| M P K Steels IPO | Snehaa Organics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | ₹115.00 per share |
| Issue Price (Upper) | ₹79.00 per share | ₹122.00 per share |
| Issue Price (Final) | ₹79.00 per share | ₹122.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 30,94,400 shares | 25,45,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.45 Cr | up to ₹31.05 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 | 25,45,000 shares |
| Issue Size Total (Amount) | up to ₹24.45 Cr | up to ₹31.05 Cr |
M P K Steels IPO opens on Sep 26, 2025, while Snehaa Organics IPO opens on Aug 29, 2025. The closing date of M P K Steels IPO and Snehaa Organics IPO is Sep 30, 2025, and Sep 02, 2025, respectively.
| M P K Steels IPO | Snehaa Organics IPO | |
|---|---|---|
| Anchor Bid Date | Aug 28, 2025 | |
| Issue Open | Sep 26, 2025 | Aug 29, 2025 |
| Issue Close | Sep 30, 2025 | Sep 02, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Sep 03, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Sep 04, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Sep 04, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Sep 05, 2025 |
| Anchor Lockin End date 1 | Oct 03, 2025 | |
| Anchor Lockin End date 2 | Dec 02, 2025 |
M P K Steels IPO P/E ratio is 9.04, as compared to Snehaa Organics IPO P/E ratio of 12.47.
| M P K Steels IPO | Snehaa Organics 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 Consolidated)Snehaa Organics Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.82 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.52 | 73.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.04 | 12.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.43 Cr. | ₹124.18 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.55 | 49.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.32 | 50.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.74 | ₹9.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.98 | 49.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the M P K Steels IPO Retail Individual Investors (RII) are offered 20,12,800 shares while in Snehaa Organics 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 1,26,000 shares in Snehaa Organics IPO.
| M P K Steels IPO | Snehaa Organics IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,63,200 shares | 1,34,000 shares |
| QIB | 1,50,400 shares | 1,26,000 shares |
| NII | 9,31,200 shares | 12,09,000 shares |
| RII | 20,12,800 shares | 12,10,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 30,94,400 shares | 25,45,000 shares |
M P K Steels IPO subscribed 1.54x in total, whereas Snehaa Organics IPO subscribed 27.75x.
| M P K Steels IPO | Snehaa Organics IPO | |
|---|---|---|
| QIB (times) | 19.95x | 42.19x |
| NII (times) | 0.65x | 16.23x |
| Big NII (times) | 0.92x | 16.80x |
| Small NII (times) | 0.11x | 15.10x |
| RII (times) | 0.58x | 37.75x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.54x | 27.75x |
