Comparison between KVS Castings IPO and NSB BPO Solutions IPO.
KVS Castings IPO is a SME Bookbuilding IPO proposed to list at BSE SME while NSB BPO Solutions IPO is a SME Bookbuilding proposed to list at BSE SME.
| KVS Castings IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Alacrity Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | 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 KVS Castings IPO is up to ₹26.41 Cr whereas the issue size of the NSB BPO Solutions IPO is up to ₹60.92 Cr. The final issue price of KVS Castings IPO is ₹56.00 per share and of NSB BPO Solutions IPO is ₹121.00 per share.
| KVS Castings IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹56.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹56.00 per share | ₹121.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 47,16,000 shares | 50,35,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.41 Cr | up to ₹60.92 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 | 47,16,000 shares | 50,35,000 shares |
| Issue Size Total (Amount) | up to ₹26.41 Cr | up to ₹60.92 Cr |
KVS Castings IPO opens on Sep 26, 2025, while NSB BPO Solutions IPO opens on Sep 23, 2025. The closing date of KVS Castings IPO and NSB BPO Solutions IPO is Sep 30, 2025, and Oct 07, 2025, respectively.
| KVS Castings IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2025 | |
| Issue Open | Sep 26, 2025 | Sep 23, 2025 |
| Issue Close | Sep 30, 2025 | Oct 07, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Oct 08, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Oct 09, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Oct 09, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Oct 10, 2025 |
| Anchor Lockin End date 1 | Nov 05, 2025 | |
| Anchor Lockin End date 2 | Jan 04, 2026 |
KVS Castings IPO P/E ratio is 11.65, as compared to NSB BPO Solutions IPO P/E ratio of 18.6.
| KVS Castings IPO | NSB BPO Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)KVS Castings Ltd.'s revenue decreased by 8% and profit after tax (PAT) rose by 11% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)NSB BPO Solutions Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 64% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.55 | 45.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.96 | 33.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.65 | 18.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.02 Cr. | ₹279.62 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22 | 7.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.78 | 9.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.11 | 0.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.81 | ₹7.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22 | 7.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the KVS Castings IPO Retail Individual Investors (RII) are offered 16,56,000 shares while in NSB BPO Solutions IPO retail investors are offered 16,56,000 shares. Qualified Institutional Buyers (QIB) are offered 9,42,000 shares in KVS Castings IPO and 53,000 shares in NSB BPO Solutions IPO.
| KVS Castings IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,10,000 shares | 0 shares |
| Market Maker Reservation | 2,54,000 shares | 2,65,000 shares |
| QIB | 9,42,000 shares | 53,000 shares |
| NII | 7,08,000 shares | 24,82,000 shares |
| RII | 16,56,000 shares | 25,00,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,16,000 shares | 50,35,000 shares |
KVS Castings IPO subscribed 4.09x in total, whereas NSB BPO Solutions IPO subscribed 0.76x.
| KVS Castings IPO | NSB BPO Solutions IPO | |
|---|---|---|
| QIB (times) | 6.03x | 25.49x |
| NII (times) | 5.02x | 0.79x |
| Big NII (times) | 6.03x | 1.15x |
| Small NII (times) | 2.97x | 0.05x |
| RII (times) | 2.60x | 0.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.09x | 0.76x |
