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M P K Steels IPO vs Snehaa Organics IPO

Comparison between M P K Steels IPO and Snehaa Organics IPO.

IPO Details

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 IPOSnehaa Organics IPO
LogoM P K Steels IPO LogoSnehaa Organics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNirman Share Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of M P K Steels IPO is up to ₹0.00 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 and of Snehaa Organics IPO is ₹122.00 per share.

 M P K Steels IPOSnehaa Organics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹122.00 per share
Issue Price (Final)₹122.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares
Fresh Issue Size26,00,000 shares25,45,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹31.05 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,00,000 shares25,45,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹31.05 Cr

IPO Timetable

M P K Steels IPO opens on , while Snehaa Organics IPO opens on Aug 29, 2025. The closing date of M P K Steels IPO and Snehaa Organics IPO is , and Sep 02, 2025, respectively.

 M P K Steels IPOSnehaa Organics IPO
Anchor Bid DateAug 28, 2025
Issue OpenAug 29, 2025
Issue CloseSep 02, 2025
Basis Of Allotment (Tentative)Sep 03, 2025
Initiation of Refunds (Tentative)Sep 04, 2025
Credit of Share (Tentative)Sep 04, 2025
Listing date (Tentative)Sep 05, 2025
Anchor Lockin End date 1Oct 03, 2025
Anchor Lockin End date 2Dec 02, 2025

Financials & KPIs

M P K Steels IPO P/E ratio is , as compared to Snehaa Organics IPO P/E ratio of 12.47.

 M P K Steels IPOSnehaa Organics IPO
Financials

M P K Steels (I) Ltd. Financial Information (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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets62.3656.6445.67
Total Income208.03189.17138.85
Profit After Tax6.053.111.81
EBITDA8.693.281.91
Net Worth24.2318.1815.07
Reserves and Surplus17.3114.7211.61
Amount in ₹ Crore
EBITDA
Promoter Shareholding (Pre-Issue)97.8399.99
Promoter Shareholding (Post-Issue)73.68
P/E Ratio12.47
Market Cap₹124.18 Cr.
ROE28.55%49.66%
ROCE19.32%50.38%
Debt/Equity0.760.61
EPS₹9.78
RoNW24.98%49.66%

Shares Offered

In the M P K Steels IPO Retail Individual Investors (RII) are offered 0 shares while in Snehaa Organics IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in M P K Steels IPO and 1,26,000 shares in Snehaa Organics IPO.

 M P K Steels IPOSnehaa Organics IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration0 shares1,34,000 shares
QIB0 shares1,26,000 shares
NII0 shares12,09,000 shares
RII0 shares12,10,000 shares
Employee0 shares0 shares
Others
Total0 shares25,45,000 shares

Bids Received (Subscription)

M P K Steels IPO subscribed in total, whereas Snehaa Organics IPO subscribed 27.75x.

 M P K Steels IPOSnehaa Organics IPO
QIB (times)42.19x
NII (times)16.23x
Big NII (times)16.80x
Small NII (times)15.10x
RII (times)37.75x
Employee (times)
Other (times)
Total (times)27.75x