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Kalyani Cast Tech IPO vs Sunrest Lifescience IPO

Comparison between Kalyani Cast Tech IPO and Sunrest Lifescience IPO.

IPO Details

Kalyani Cast Tech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sunrest Lifescience IPO is a SME Fixed Price proposed to list at NSE SME.

 Kalyani Cast Tech IPOSunrest Lifescience IPO
LogoKalyani Cast Tech IPO LogoSunrest Lifescience IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Mark Corporate Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Svcm Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Kalyani Cast Tech IPO is up to ₹25.08 Cr whereas the issue size of the Sunrest Lifescience IPO is up to ₹10.30 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.

 Kalyani Cast Tech IPOSunrest Lifescience IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹137.00 per share
Issue Price (Upper)₹139.00 per share
Issue Price (Final)₹139.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1600 shares
Fresh Issue Size18,04,000 shares12,25,600 shares
Fresh Issue Size (Amount)up to ₹25.08 Crup to ₹10.30 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,04,000 shares12,25,600 shares
Issue Size Total (Amount)up to ₹25.08 Crup to ₹10.30 Cr

IPO Timetable

Kalyani Cast Tech IPO opens on Nov 08, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of Kalyani Cast Tech IPO and Sunrest Lifescience IPO is Nov 10, 2023, and Nov 09, 2023, respectively.

 Kalyani Cast Tech IPOSunrest Lifescience IPO
Anchor Bid DateNov 07, 2023
Issue OpenNov 08, 2023Nov 07, 2023
Issue CloseNov 10, 2023Nov 09, 2023
Basis Of Allotment (Tentative)Nov 13, 2023Nov 15, 2023
Initiation of Refunds (Tentative)Nov 15, 2023Nov 16, 2023
Credit of Share (Tentative)Nov 17, 2023Nov 17, 2023
Listing date (Tentative)Nov 17, 2023Nov 20, 2023
Anchor Lockin End date 1Dec 13, 2023
Anchor Lockin End date 2Feb 11, 2024

Financials & KPIs

Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to Sunrest Lifescience IPO P/E ratio of 12.33.

 Kalyani Cast Tech IPOSunrest Lifescience IPO
Financials

Kalyani Cast Tech Ltd Financial Information (Restated)

Kalyani Cast Tech Ltd's revenue increased by 28.08% and profit after tax (PAT) rose by 585.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,059.182,420.191,599.541,367.88
Total Income2,467.856,336.464,947.121,135.26
Profit After Tax293.64803.79117.3335.36
Net Worth1,717.651,424.01620.22502.89
Reserves and Surplus1,216.20922.56118.771.44
Total Borrowing581.92342.05269.87498.54
Amount in ₹ Lakhs

Sunrest Lifescience Limited Financial Information (Restated)

Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,706.281,671.371,301.97948.15
Total Income563.582,467.052,690.991,694.91
Profit After Tax75.08204.3177.7116.55
Net Worth386.60311.52107.2029.49
Reserves and Surplus86.6011.52106.2028.49
Total Borrowing347.32214.32323.83231.55
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)69.8369.91
P/E Ratio8.6712.33
Market Cap₹99.81 Cr.₹36.05 Cr.
ROE78.64%53%
ROCE67.56%98%
Debt/Equity0.340.64
EPS₹16.03₹6.81
RoNW56.45%65.59%

Shares Offered

In the Kalyani Cast Tech IPO Retail Individual Investors (RII) are offered 6,32,000 shares while in Sunrest Lifescience IPO retail investors are offered 6,32,000 shares. Qualified Institutional Buyers (QIB) are offered 3,61,000 shares in Kalyani Cast Tech IPO and in Sunrest Lifescience IPO.

 Kalyani Cast Tech IPOSunrest Lifescience IPO
Anchor Investor Reserveration5,40,000 shares
Market Maker Reserveration3,62,000 shares65,600 shares
QIB3,61,000 shares
NII2,71,000 shares6,12,800 shares
RII6,32,000 shares6,12,800 shares
Employee
Others
Total18,04,000 shares12,25,600 shares

Bids Received (Subscription)

Kalyani Cast Tech IPO subscribed 208.59x in total, whereas Sunrest Lifescience IPO subscribed 48.54x.

 Kalyani Cast Tech IPOSunrest Lifescience IPO
QIB (times)66.35x
NII (times)439.20x29.17x
Big NII (times)
Small NII (times)
RII (times)190.95x65.74x
Employee (times)
Other (times)
Total (times)208.59x48.54x