Comparison between Clay Craft IPO and Narmadesh Brass Industries IPO.
Clay Craft IPO is a SME Fixed Price IPO proposed to list at NSE SME while Narmadesh Brass Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Clay Craft IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | JSK Securities & Services 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 Clay Craft IPO is up to ₹104.58 Cr whereas the issue size of the Narmadesh Brass Industries IPO is up to ₹42.52 Cr. The final issue price of Clay Craft IPO is ₹203.00 per share and of Narmadesh Brass Industries IPO is ₹515.00 per share.
| Clay Craft IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹193.00 per share | |
| Issue Price (Upper) | ₹203.00 per share | |
| Issue Price (Final) | ₹203.00 per share | ₹515.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 240 shares |
| Fresh Issue Size | 51,51,600 shares | 6,55,200 shares |
| Fresh Issue Size (Amount) | up to ₹104.58 Cr | up to ₹33.74 Cr |
| OFS Issue Size | 0 shares | 1,70,400 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹8.78 Cr |
| Issue Size Total | 51,51,600 shares | 8,25,600 shares |
| Issue Size Total (Amount) | up to ₹104.58 Cr | up to ₹42.52 Cr |
Clay Craft IPO opens on Jun 17, 2026, while Narmadesh Brass Industries IPO opens on Jan 12, 2026. The closing date of Clay Craft IPO and Narmadesh Brass Industries IPO is Jun 19, 2026, and Jan 16, 2026, respectively.
| Clay Craft IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jun 16, 2026 | |
| Issue Open | Jun 17, 2026 | Jan 12, 2026 |
| Issue Close | Jun 19, 2026 | Jan 16, 2026 |
| Basis Of Allotment (Tentative) | Jun 22, 2026 | Jan 19, 2026 |
| Initiation of Refunds (Tentative) | Jun 23, 2026 | Jan 20, 2026 |
| Credit of Share (Tentative) | Jun 23, 2026 | Jan 20, 2026 |
| Listing date (Tentative) | Jun 24, 2026 | Jan 21, 2026 |
| Anchor Lockin End date 1 | Jul 22, 2026 | |
| Anchor Lockin End date 2 | Sep 20, 2026 |
Clay Craft IPO P/E ratio is 11.38, as compared to Narmadesh Brass Industries IPO P/E ratio of 19.63.
| Clay Craft IPO | Narmadesh Brass Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Clay Craft India Ltd.'s revenue increased by 20% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 71.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.38 | 19.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹417.58 Cr. | ₹159.69 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.71 | 49.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.26 | 23.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹17.84 | ₹26.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.27 | 49.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Clay Craft IPO Retail Individual Investors (RII) are offered 18,03,600 shares while in Narmadesh Brass Industries IPO retail investors are offered 18,03,600 shares. Qualified Institutional Buyers (QIB) are offered 10,30,200 shares in Clay Craft IPO and 0 shares in Narmadesh Brass Industries IPO.
| Clay Craft IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,43,800 shares | 0 shares |
| Market Maker Reservation | 2,72,400 shares | 45,600 shares |
| QIB | 10,30,200 shares | 0 shares |
| NII | 7,74,000 shares | 4,12,800 shares |
| RII | 18,03,600 shares | 4,12,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,51,600 shares | 8,25,600 shares |
Clay Craft IPO subscribed 72.18x in total, whereas Narmadesh Brass Industries IPO subscribed 1.18x.
| Clay Craft IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| QIB (times) | 119.19x | |
| NII (times) | 154.54x | 1.92x |
| Big NII (times) | 186.41x | |
| Small NII (times) | 90.81x | |
| RII (times) | 71.76x | 0.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 72.18x | 1.18x |
