Comparison between Greenleaf Envirotech IPO and Shri Kanha Stainless IPO.
Greenleaf Envirotech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shri Kanha Stainless IPO is a SME Fixed Price proposed to list at NSE SME.
| Greenleaf Envirotech IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Kreo Capital Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MAS Services Ltd. |
| Market Maker | Rikhav Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | ||
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Greenleaf Envirotech IPO is up to ₹20.75 Cr whereas the issue size of the Shri Kanha Stainless IPO is up to ₹43.95 Cr. The final issue price of Greenleaf Envirotech IPO is ₹136.00 per share and of Shri Kanha Stainless IPO is ₹90.00 per share.
| Greenleaf Envirotech IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹136.00 per share | ₹90.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 12,26,000 shares | 48,83,200 shares |
| Fresh Issue Size (Amount) | up to ₹16.67 Cr | up to ₹43.95 Cr |
| OFS Issue Size | 3,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4.08 Cr | up to ₹0.00 Cr |
| Issue Size Total | 15,26,000 shares | 48,83,200 shares |
| Issue Size Total (Amount) | up to ₹20.75 Cr | up to ₹43.95 Cr |
Greenleaf Envirotech IPO opens on Sep 30, 2025, while Shri Kanha Stainless IPO opens on Dec 03, 2025. The closing date of Greenleaf Envirotech IPO and Shri Kanha Stainless IPO is Oct 06, 2025, and Dec 05, 2025, respectively.
| Greenleaf Envirotech IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2025 | Dec 03, 2025 |
| Issue Close | Oct 06, 2025 | Dec 05, 2025 |
| Basis Of Allotment (Tentative) | Oct 07, 2025 | Dec 08, 2025 |
| Initiation of Refunds (Tentative) | Oct 08, 2025 | Dec 09, 2025 |
| Credit of Share (Tentative) | Oct 08, 2025 | Dec 09, 2025 |
| Listing date (Tentative) | Oct 09, 2025 | Dec 10, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Greenleaf Envirotech IPO P/E ratio is 13.38, as compared to Shri Kanha Stainless IPO P/E ratio of 16.23.
| Greenleaf Envirotech IPO | Shri Kanha Stainless IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Greenleaf Envirotech Ltd.'s revenue increased by 20% and profit after tax (PAT) rose by 106% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Shri Kanha Stainless Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 122% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 78.85 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.37 | 67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.38 | 16.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.64 Cr. | ₹140.24 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.68% | 47.61% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45.01% | 19.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.20 | 4.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.17 | ₹5.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 37.84% | 47.61% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Greenleaf Envirotech IPO Retail Individual Investors (RII) are offered 7,78,000 shares while in Shri Kanha Stainless IPO retail investors are offered 7,78,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Greenleaf Envirotech IPO and 0 shares in Shri Kanha Stainless IPO.
| Greenleaf Envirotech IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 84,000 shares | 2,59,200 shares |
| QIB | 0 shares | 0 shares |
| NII | 7,48,000 shares | 24,41,600 shares |
| RII | 7,78,000 shares | 24,41,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 15,26,000 shares | 48,83,200 shares |
Greenleaf Envirotech IPO subscribed 3.84x in total, whereas Shri Kanha Stainless IPO subscribed 2.81x.
| Greenleaf Envirotech IPO | Shri Kanha Stainless IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.16x | 0.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.52x | 4.91x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.84x | 2.81x |
