Comparison between Kiaasa Retail IPO and Purohit Steel IPO.
Kiaasa Retail IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Purohit Steel IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kiaasa Retail IPO | Purohit Steel IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Seren Capital Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Kiaasa Retail IPO is up to ₹66.24 Cr whereas the issue size of the Purohit Steel IPO is up to ₹0.00 Cr. The final issue price of Kiaasa Retail IPO is ₹127.00 per share and of Purohit Steel IPO is .
| Kiaasa Retail IPO | Purohit Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | |
| Issue Price (Upper) | ₹127.00 per share | |
| Issue Price (Final) | ₹127.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | |
| Fresh Issue Size | 52,16,000 shares | 38,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹66.24 Cr | up to ₹0.00 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 | 52,16,000 shares | 38,40,000 shares |
| Issue Size Total (Amount) | up to ₹66.24 Cr | up to ₹0.00 Cr |
Kiaasa Retail IPO opens on Feb 23, 2026, while Purohit Steel IPO opens on . The closing date of Kiaasa Retail IPO and Purohit Steel IPO is Feb 25, 2026, and , respectively.
| Kiaasa Retail IPO | Purohit Steel IPO | |
|---|---|---|
| Anchor Bid Date | Feb 20, 2026 | |
| Issue Open | Feb 23, 2026 | |
| Issue Close | Feb 25, 2026 | |
| Basis Of Allotment (Tentative) | Feb 26, 2026 | |
| Initiation of Refunds (Tentative) | Feb 27, 2026 | |
| Credit of Share (Tentative) | Feb 27, 2026 | |
| Listing date (Tentative) | Mar 02, 2026 | |
| Anchor Lockin End date 1 | Mar 28, 2026 | |
| Anchor Lockin End date 2 | May 27, 2026 |
Kiaasa Retail IPO P/E ratio is 19.31, as compared to Purohit Steel IPO P/E ratio of .
| Kiaasa Retail IPO | Purohit Steel IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 71.84 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹231.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 42.36 | 23.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.34 | 21.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.70 | 0.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.60 | 20.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kiaasa Retail IPO Retail Individual Investors (RII) are offered 30,76,000 shares while in Purohit Steel IPO retail investors are offered 30,76,000 shares. Qualified Institutional Buyers (QIB) are offered 52,000 shares in Kiaasa Retail IPO and in Purohit Steel IPO.
| Kiaasa Retail IPO | Purohit Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,75,000 shares | |
| QIB | 52,000 shares | |
| NII | 20,87,000 shares | |
| RII | 30,76,000 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 52,15,000 shares |
Kiaasa Retail IPO subscribed 2.05x in total, whereas Purohit Steel IPO subscribed .
| Kiaasa Retail IPO | Purohit Steel IPO | |
|---|---|---|
| QIB (times) | 14.98x | |
| NII (times) | 1.16x | |
| Big NII (times) | 1.29x | |
| Small NII (times) | 0.90x | |
| RII (times) | 2.43x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.05x |
