Comparison between Oval Projects Engineering IPO and Super Iron Foundry IPO.
Oval Projects Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Super Iron Foundry IPO is a SME Fixed Price proposed to list at BSE SME.
| Oval Projects Engineering IPO | Super Iron Foundry IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | SMC Capitals Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | MAS Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | SMC Global Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Oval Projects Engineering IPO is up to ₹44.16 Cr whereas the issue size of the Super Iron Foundry IPO is up to ₹64.64 Cr. The final issue price of Oval Projects Engineering IPO is ₹85.00 per share and of Super Iron Foundry IPO is ₹108.00 per share.
| Oval Projects Engineering IPO | Super Iron Foundry IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | |
| Issue Price (Upper) | ₹85.00 per share | |
| Issue Price (Final) | ₹85.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 51,95,200 shares | 59,85,600 shares |
| Fresh Issue Size (Amount) | up to ₹44.16 Cr | up to ₹64.64 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 | 51,95,200 shares | 59,85,600 shares |
| Issue Size Total (Amount) | up to ₹44.16 Cr | up to ₹64.64 Cr |
Oval Projects Engineering IPO opens on Aug 28, 2025, while Super Iron Foundry IPO opens on Mar 11, 2025. The closing date of Oval Projects Engineering IPO and Super Iron Foundry IPO is Sep 01, 2025, and Mar 13, 2025, respectively.
| Oval Projects Engineering IPO | Super Iron Foundry IPO | |
|---|---|---|
| Anchor Bid Date | Aug 26, 2025 | |
| Issue Open | Aug 28, 2025 | Mar 11, 2025 |
| Issue Close | Sep 01, 2025 | Mar 13, 2025 |
| Basis Of Allotment (Tentative) | Sep 02, 2025 | Mar 17, 2025 |
| Initiation of Refunds (Tentative) | Sep 03, 2025 | Mar 18, 2025 |
| Credit of Share (Tentative) | Sep 03, 2025 | Mar 18, 2025 |
| Listing date (Tentative) | Sep 04, 2025 | Mar 19, 2025 |
| Anchor Lockin End date 1 | Oct 02, 2025 | |
| Anchor Lockin End date 2 | Dec 01, 2025 |
Oval Projects Engineering IPO P/E ratio is 13.91, as compared to Super Iron Foundry IPO P/E ratio of 46.84.
| Oval Projects Engineering IPO | Super Iron Foundry IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Oval Projects Engineering Limited Financial Information (Restated Consolidated)Oval Projects Engineering Limited's revenue increased by 31% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.
| Super Iron Foundry Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 72.19 | 96.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.07 | 70.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.91 | 46.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹176.54 Cr. | ₹252.65 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.85% | 7.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.32% | 7.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 6.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.11 | ₹2.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.85% | 6.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Oval Projects Engineering IPO Retail Individual Investors (RII) are offered 21,95,200 shares while in Super Iron Foundry IPO retail investors are offered 21,95,200 shares. Qualified Institutional Buyers (QIB) are offered 6,24,000 shares in Oval Projects Engineering IPO and 0 shares in Super Iron Foundry IPO.
| Oval Projects Engineering IPO | Super Iron Foundry IPO | |
|---|---|---|
| Anchor Investor Reserveration | 9,36,000 shares | 0 shares |
| Market Maker Reserveration | 3,04,000 shares | 3,15,600 shares |
| QIB | 6,24,000 shares | 0 shares |
| NII | 14,40,000 shares | 29,92,800 shares |
| RII | 21,95,200 shares | 29,92,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,95,200 shares | 59,85,600 shares |
Oval Projects Engineering IPO subscribed 1.61x in total, whereas Super Iron Foundry IPO subscribed 1.56x.
| Oval Projects Engineering IPO | Super Iron Foundry IPO | |
|---|---|---|
| QIB (times) | 6.21x | |
| NII (times) | 0.82x | 1.34x |
| Big NII (times) | 1.46x | |
| Small NII (times) | 0.48x | |
| RII (times) | 0.83x | 1.79x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.61x | 1.56x |
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