Comparison between Kasturi Metal Composite IPO and Modern Diagnostic IPO.
Kasturi Metal Composite 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.
| Kasturi Metal Composite 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 | Hem Securities Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kasturi Metal Composite IPO is up to ₹16.73 Cr whereas the issue size of the Modern Diagnostic IPO is up to ₹35.04 Cr. The final issue price of Kasturi Metal Composite IPO is ₹64.00 per share and of Modern Diagnostic IPO is ₹90.00 per share.
| Kasturi Metal Composite IPO | Modern Diagnostic IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹61.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹64.00 per share | ₹90.00 per share |
| Issue Price (Final) | ₹64.00 per share | ₹90.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 26,14,000 shares | 38,92,800 shares |
| Fresh Issue Size (Amount) | up to ₹16.73 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 | 26,14,000 shares | 38,92,800 shares |
| Issue Size Total (Amount) | up to ₹16.73 Cr | up to ₹35.04 Cr |
Kasturi Metal Composite IPO opens on Jan 27, 2026, while Modern Diagnostic IPO opens on Dec 31, 2025. The closing date of Kasturi Metal Composite IPO and Modern Diagnostic IPO is Jan 29, 2026, and Jan 02, 2026, respectively.
| Kasturi Metal Composite IPO | Modern Diagnostic IPO | |
|---|---|---|
| Anchor Bid Date | Jan 23, 2026 | Dec 30, 2025 |
| Issue Open | Jan 27, 2026 | Dec 31, 2025 |
| Issue Close | Jan 29, 2026 | Jan 02, 2026 |
| Basis Of Allotment (Tentative) | Jan 30, 2026 | Jan 05, 2026 |
| Initiation of Refunds (Tentative) | Feb 02, 2026 | Jan 06, 2026 |
| Credit of Share (Tentative) | Feb 02, 2026 | Jan 06, 2026 |
| Listing date (Tentative) | Feb 03, 2026 | Jan 07, 2026 |
| Anchor Lockin End date 1 | Feb 28, 2026 | Feb 03, 2026 |
| Anchor Lockin End date 2 | Apr 29, 2026 | Apr 04, 2026 |
Kasturi Metal Composite IPO P/E ratio is 23.59, as compared to Modern Diagnostic IPO P/E ratio of 11.04.
| Kasturi Metal Composite IPO | Modern Diagnostic IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.35 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.90 | 72.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.59 | 11.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹66.53 Cr. | ₹135.89 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.80 | 55.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.76 | 36.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.74 | 1.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.71 | ₹8.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 11.54 | 43.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kasturi Metal Composite IPO Retail Individual Investors (RII) are offered 9,16,000 shares while in Modern Diagnostic IPO retail investors are offered 9,16,000 shares. Qualified Institutional Buyers (QIB) are offered 5,22,000 shares in Kasturi Metal Composite IPO and 7,82,400 shares in Modern Diagnostic IPO.
| Kasturi Metal Composite IPO | Modern Diagnostic IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,82,000 shares | 11,61,600 shares |
| Market Maker Reservation | 1,38,000 shares | 2,06,400 shares |
| QIB | 5,22,000 shares | 7,82,400 shares |
| NII | 3,94,000 shares | 5,85,600 shares |
| RII | 9,16,000 shares | 13,63,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 26,14,000 shares | 38,92,800 shares |
Kasturi Metal Composite IPO subscribed 17.75x in total, whereas Modern Diagnostic IPO subscribed 376.90x.
| Kasturi Metal Composite IPO | Modern Diagnostic IPO | |
|---|---|---|
| QIB (times) | 4.00x | 193.51x |
| NII (times) | 38.88x | 702.08x |
| Big NII (times) | 46.95x | 855.83x |
| Small NII (times) | 22.88x | 386.91x |
| RII (times) | 16.49x | 342.46x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.75x | 376.90x |
