Comparison between Marushika Technology IPO and Stanbik Agro IPO.
Marushika Technology IPO is a SME Fixed Price IPO proposed to list at NSE SME while Stanbik Agro IPO is a SME Fixed Price proposed to list at BSE SME.
| Marushika Technology IPO | Stanbik Agro IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | NEXGEN Financial Solutions Pvt. Ltd. | Grow House Wealth Management Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Mnm Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| 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 Marushika Technology IPO is up to ₹25.61 Cr whereas the issue size of the Stanbik Agro IPO is up to ₹11.65 Cr. The final issue price of Marushika Technology IPO is ₹117.00 per share and of Stanbik Agro IPO is ₹30.00 per share.
| Marushika Technology IPO | Stanbik Agro IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹111.00 per share | |
| Issue Price (Upper) | ₹117.00 per share | |
| Issue Price (Final) | ₹117.00 per share | ₹30.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 4000 shares |
| Fresh Issue Size | 21,88,800 shares | 38,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹25.61 Cr | up to ₹11.65 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 | 21,88,800 shares | 38,84,000 shares |
| Issue Size Total (Amount) | up to ₹25.61 Cr | up to ₹11.65 Cr |
Marushika Technology IPO opens on Feb 12, 2026, while Stanbik Agro IPO opens on Dec 12, 2025. The closing date of Marushika Technology IPO and Stanbik Agro IPO is Feb 16, 2026, and Dec 16, 2025, respectively.
| Marushika Technology IPO | Stanbik Agro IPO | |
|---|---|---|
| Anchor Bid Date | Feb 11, 2026 | |
| Issue Open | Feb 12, 2026 | Dec 12, 2025 |
| Issue Close | Feb 16, 2026 | Dec 16, 2025 |
| Basis Of Allotment (Tentative) | Feb 17, 2026 | Dec 17, 2025 |
| Initiation of Refunds (Tentative) | Feb 18, 2026 | Dec 18, 2025 |
| Credit of Share (Tentative) | Feb 18, 2026 | Dec 18, 2025 |
| Listing date (Tentative) | Feb 19, 2026 | Dec 19, 2025 |
| Anchor Lockin End date 1 | Mar 19, 2026 | |
| Anchor Lockin End date 2 | May 18, 2026 |
Marushika Technology IPO P/E ratio is 11.6, as compared to Stanbik Agro IPO P/E ratio of 5.9.
| Marushika Technology IPO | Stanbik Agro IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)Stanbik Agro Ltd.'s revenue increased by 98% and profit after tax (PAT) rose by 102% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 79.71 | 98.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.19 | 68.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.6 | 5.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹99.88 Cr. | ₹39.97 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 52.77 | 22.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.88 | 27.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.39 | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.09 | ₹5.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.77 | 22.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Marushika Technology IPO Retail Individual Investors (RII) are offered 7,70,400 shares while in Stanbik Agro IPO retail investors are offered 7,70,400 shares. Qualified Institutional Buyers (QIB) are offered 4,35,600 shares in Marushika Technology IPO and 0 shares in Stanbik Agro IPO.
| Marushika Technology IPO | Stanbik Agro IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,51,600 shares | 0 shares |
| Market Maker Reservation | 1,16,400 shares | 2,08,000 shares |
| QIB | 4,35,600 shares | 0 shares |
| NII | 3,31,200 shares | 19,40,000 shares |
| RII | 7,70,400 shares | 19,44,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 21,88,800 shares | 38,84,000 shares |
Marushika Technology IPO subscribed 17.94x in total, whereas Stanbik Agro IPO subscribed 1.49x.
| Marushika Technology IPO | Stanbik Agro IPO | |
|---|---|---|
| QIB (times) | 2.92x | |
| NII (times) | 41.00x | 1.27x |
| Big NII (times) | 50.69x | |
| Small NII (times) | 21.92x | |
| RII (times) | 16.51x | 1.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.94x | 1.49x |
