Comparison between Shri Kanha Stainless IPO and SSMD Agrotech India IPO.
Shri Kanha Stainless IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SSMD Agrotech India IPO is a SME Bookbuilding proposed to list at BSE SME.
| Shri Kanha Stainless IPO | SSMD Agrotech India IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Kreo Capital Pvt.Ltd. | 3Dimension Capital Services Ltd. |
| Registrar | MAS Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Shri Kanha Stainless IPO is up to ₹43.95 Cr whereas the issue size of the SSMD Agrotech India IPO is up to ₹32.20 Cr. The final issue price of Shri Kanha Stainless IPO is ₹90.00 per share and of SSMD Agrotech India IPO is ₹121.00 per share.
| Shri Kanha Stainless IPO | SSMD Agrotech India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹114.00 per share | |
| Issue Price (Upper) | ₹121.00 per share | |
| Issue Price (Final) | ₹90.00 per share | ₹121.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 48,83,200 shares | 26,61,000 shares |
| Fresh Issue Size (Amount) | up to ₹43.95 Cr | up to ₹32.20 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 | 48,83,200 shares | 26,61,000 shares |
| Issue Size Total (Amount) | up to ₹43.95 Cr | up to ₹32.20 Cr |
Shri Kanha Stainless IPO opens on Dec 03, 2025, while SSMD Agrotech India IPO opens on Nov 25, 2025. The closing date of Shri Kanha Stainless IPO and SSMD Agrotech India IPO is Dec 05, 2025, and Nov 27, 2025, respectively.
| Shri Kanha Stainless IPO | SSMD Agrotech India IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2025 | |
| Issue Open | Dec 03, 2025 | Nov 25, 2025 |
| Issue Close | Dec 05, 2025 | Nov 27, 2025 |
| Basis Of Allotment (Tentative) | Dec 08, 2025 | Nov 28, 2025 |
| Initiation of Refunds (Tentative) | Dec 09, 2025 | Dec 01, 2025 |
| Credit of Share (Tentative) | Dec 09, 2025 | Dec 01, 2025 |
| Listing date (Tentative) | Dec 10, 2025 | Dec 02, 2025 |
| Anchor Lockin End date 1 | Dec 27, 2025 | |
| Anchor Lockin End date 2 | Feb 25, 2026 |
Shri Kanha Stainless IPO P/E ratio is 16.23, as compared to SSMD Agrotech India IPO P/E ratio of 13.16.
| Shri Kanha Stainless IPO | SSMD Agrotech India IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Company Financials (Restated)SSMD Agrotech India Ltd.'s revenue increased by 35% and profit after tax (PAT) rose by 388% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67 | 67.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.23 | 13.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹140.24 Cr. | ₹104.86 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 47.61% | 130.46% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.20% | 100.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.19 | 0.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.55 | ₹9.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.61% | 78% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shri Kanha Stainless IPO Retail Individual Investors (RII) are offered 24,41,600 shares while in SSMD Agrotech India IPO retail investors are offered 24,41,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shri Kanha Stainless IPO and 27,000 shares in SSMD Agrotech India IPO.
| Shri Kanha Stainless IPO | SSMD Agrotech India IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,59,200 shares | 1,56,000 shares |
| QIB | 0 shares | 27,000 shares |
| NII | 24,41,600 shares | 13,17,000 shares |
| RII | 24,41,600 shares | 13,17,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 48,83,200 shares | 26,61,000 shares |
Shri Kanha Stainless IPO subscribed 2.81x in total, whereas SSMD Agrotech India IPO subscribed 1.62x.
| Shri Kanha Stainless IPO | SSMD Agrotech India IPO | |
|---|---|---|
| QIB (times) | 5.33x | |
| NII (times) | 0.61x | 0.62x |
| Big NII (times) | 0.21x | |
| Small NII (times) | 1.42x | |
| RII (times) | 4.91x | 2.54x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.81x | 1.62x |
