Comparison between M P K Steels IPO and Sodhani Capital IPO.
M P K Steels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sodhani Capital IPO is a SME Fixed Price proposed to list at BSE SME.
| M P K Steels IPO | Sodhani Capital IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Bonanza Portfolio Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | NSDL Database Management Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Aikyam Capital Private Limited |
| DRHP | DRHP  | DRHP |
| 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 Sodhani Capital IPO is up to ₹10.17 Cr. The final issue price of M P K Steels IPO is ₹79.00 per share and of Sodhani Capital IPO is ₹51.00 per share.
| M P K Steels IPO | Sodhani Capital IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹79.00 per share | |
| Issue Price (Final) | ₹79.00 per share | ₹51.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 30,94,400 shares | 15,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.45 Cr | up to ₹8.08 Cr |
| OFS Issue Size | 0 shares | 4,10,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.09 Cr |
| Issue Size Total | 30,94,400 shares | 19,94,000 shares |
| Issue Size Total (Amount) | up to ₹24.45 Cr | up to ₹10.17 Cr |
M P K Steels IPO opens on Sep 26, 2025, while Sodhani Capital IPO opens on Sep 29, 2025. The closing date of M P K Steels IPO and Sodhani Capital IPO is Sep 30, 2025, and Oct 01, 2025, respectively.
| M P K Steels IPO | Sodhani Capital IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 26, 2025 | Sep 29, 2025 |
| Issue Close | Sep 30, 2025 | Oct 01, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Oct 03, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Oct 06, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Oct 06, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Oct 07, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
M P K Steels IPO P/E ratio is 9.04, as compared to Sodhani Capital IPO P/E ratio of 14.61.
| M P K Steels IPO | Sodhani Capital 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)Sodhani Capital Ltd.'s revenue increased by 10% and profit after tax (PAT) dropped by 1% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 97.82 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.52 | 73.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.04 | 14.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.43 Cr. | ₹40.52 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.55 | 29.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.32 | 40.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.74 | ₹3.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.98 | 29.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the M P K Steels IPO Retail Individual Investors (RII) are offered 20,12,800 shares while in Sodhani Capital 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 0 shares in Sodhani Capital IPO.
| M P K Steels IPO | Sodhani Capital IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,63,200 shares | 1,06,000 shares |
| QIB | 1,50,400 shares | 0 shares |
| NII | 9,31,200 shares | 9,97,000 shares |
| RII | 20,12,800 shares | 9,97,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 30,94,400 shares | 19,94,000 shares |
M P K Steels IPO subscribed 1.54x in total, whereas Sodhani Capital IPO subscribed 4.79x.
| M P K Steels IPO | Sodhani Capital IPO | |
|---|---|---|
| QIB (times) | 19.95x | |
| NII (times) | 0.65x | 5.99x |
| Big NII (times) | 0.92x | |
| Small NII (times) | 0.11x | |
| RII (times) | 0.58x | 4.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.54x | 4.79x |
