Comparison between Msafe Equipments IPO and Stanbik Agro IPO.
Msafe Equipments IPO is a SME Fixed Price IPO proposed to list at BSE SME while Stanbik Agro IPO is a SME Fixed Price proposed to list at BSE SME.
| Msafe Equipments IPO | Stanbik Agro IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Seren Capital Pvt.Ltd. | Grow House Wealth Management Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Evermore Share Broking Private Limited | 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 Msafe Equipments IPO is up to ₹62.75 Cr whereas the issue size of the Stanbik Agro IPO is up to ₹11.65 Cr. The final issue price of Msafe Equipments IPO is ₹123.00 per share and of Stanbik Agro IPO is ₹30.00 per share.
| Msafe Equipments IPO | Stanbik Agro IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹116.00 per share | |
| Issue Price (Upper) | ₹123.00 per share | |
| Issue Price (Final) | ₹123.00 per share | ₹30.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 4000 shares |
| Fresh Issue Size | 41,02,000 shares | 38,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹50.45 Cr | up to ₹11.65 Cr |
| OFS Issue Size | 10,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹12.30 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,02,000 shares | 38,84,000 shares |
| Issue Size Total (Amount) | up to ₹62.75 Cr | up to ₹11.65 Cr |
Msafe Equipments IPO opens on Jan 28, 2026, while Stanbik Agro IPO opens on Dec 12, 2025. The closing date of Msafe Equipments IPO and Stanbik Agro IPO is Jan 30, 2026, and Dec 16, 2025, respectively.
| Msafe Equipments IPO | Stanbik Agro IPO | |
|---|---|---|
| Anchor Bid Date | Jan 27, 2026 | |
| Issue Open | Jan 28, 2026 | Dec 12, 2025 |
| Issue Close | Jan 30, 2026 | Dec 16, 2025 |
| Basis Of Allotment (Tentative) | Feb 02, 2026 | Dec 17, 2025 |
| Initiation of Refunds (Tentative) | Feb 03, 2026 | Dec 18, 2025 |
| Credit of Share (Tentative) | Feb 03, 2026 | Dec 18, 2025 |
| Listing date (Tentative) | Feb 04, 2026 | Dec 19, 2025 |
| Anchor Lockin End date 1 | Mar 06, 2026 | |
| Anchor Lockin End date 2 | May 05, 2026 |
Msafe Equipments IPO P/E ratio is 15.12, as compared to Stanbik Agro IPO P/E ratio of 5.9.
| Msafe Equipments IPO | Stanbik Agro IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| 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) | 100 | 98.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 68.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.12 | 5.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹250.92 Cr. | ₹39.97 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 67.97 | 22.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.56 | 27.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.13 | ₹5.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 50.73 | 22.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Msafe Equipments IPO Retail Individual Investors (RII) are offered 17,86,000 shares while in Stanbik Agro IPO retail investors are offered 17,86,000 shares. Qualified Institutional Buyers (QIB) are offered 10,17,000 shares in Msafe Equipments IPO and 0 shares in Stanbik Agro IPO.
| Msafe Equipments IPO | Stanbik Agro IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,25,000 shares | 0 shares |
| Market Maker Reservation | 2,98,000 shares | 2,08,000 shares |
| QIB | 10,17,000 shares | 0 shares |
| NII | 7,74,000 shares | 19,40,000 shares |
| RII | 17,86,000 shares | 19,44,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,02,000 shares | 38,84,000 shares |
Msafe Equipments IPO subscribed 166.72x in total, whereas Stanbik Agro IPO subscribed 1.49x.
| Msafe Equipments IPO | Stanbik Agro IPO | |
|---|---|---|
| QIB (times) | 117.97x | |
| NII (times) | 308.23x | 1.27x |
| Big NII (times) | 380.85x | |
| Small NII (times) | 162.98x | |
| RII (times) | 133.16x | 1.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 166.72x | 1.49x |
