Comparison between Gabion Technologies IPO and Swastika Castal IPO.
Gabion Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Swastika Castal IPO is a SME Fixed Price proposed to list at BSE SME.
| Gabion Technologies IPO | Swastika Castal IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Accurate Securities & Registry Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Horizon Financial Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gabion Technologies IPO is up to ₹27.70 Cr whereas the issue size of the Swastika Castal IPO is up to ₹13.35 Cr. The final issue price of Gabion Technologies IPO is ₹81.00 per share and of Swastika Castal IPO is ₹65.00 per share.
| Gabion Technologies IPO | Swastika Castal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | |
| Issue Price (Upper) | ₹81.00 per share | |
| Issue Price (Final) | ₹81.00 per share | ₹65.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 34,19,200 shares | 20,54,000 shares |
| Fresh Issue Size (Amount) | up to ₹27.70 Cr | up to ₹13.35 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 | 34,19,200 shares | 20,54,000 shares |
| Issue Size Total (Amount) | up to ₹27.70 Cr | up to ₹13.35 Cr |
Gabion Technologies IPO opens on Jan 06, 2026, while Swastika Castal IPO opens on Jul 21, 2025. The closing date of Gabion Technologies IPO and Swastika Castal IPO is Jan 08, 2026, and Jul 23, 2025, respectively.
| Gabion Technologies IPO | Swastika Castal IPO | |
|---|---|---|
| Anchor Bid Date | Jan 05, 2026 | |
| Issue Open | Jan 06, 2026 | Jul 21, 2025 |
| Issue Close | Jan 08, 2026 | Jul 23, 2025 |
| Basis Of Allotment (Tentative) | Jan 09, 2026 | Jul 24, 2025 |
| Initiation of Refunds (Tentative) | Jan 12, 2026 | Jul 25, 2025 |
| Credit of Share (Tentative) | Jan 12, 2026 | Jul 25, 2025 |
| Listing date (Tentative) | Jan 13, 2026 | Jul 28, 2025 |
| Anchor Lockin End date 1 | Feb 07, 2026 | |
| Anchor Lockin End date 2 | Apr 08, 2026 |
Gabion Technologies IPO P/E ratio is 12.18, as compared to Swastika Castal IPO P/E ratio of 14.8.
| Gabion Technologies IPO | Swastika Castal IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Gabion Technologies India Ltd.'s revenue decreased by 4% and profit after tax (PAT) rose by 14% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Swastika Castal Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 305% 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) | 73.47 | 73.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.18 | 14.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹109.96 Cr. | ₹53.07 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.17 | 32.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.12 | 0.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.65 | ₹4.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.05 | 24.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gabion Technologies IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Swastika Castal IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 6,83,200 shares in Gabion Technologies IPO and 0 shares in Swastika Castal IPO.
| Gabion Technologies IPO | Swastika Castal IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,22,400 shares | |
| Market Maker Reservation | 1,80,800 shares | 1,10,000 shares |
| QIB | 6,83,200 shares | 0 shares |
| NII | 5,13,600 shares | 10,26,000 shares |
| RII | 12,00,000 shares | 10,28,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 34,19,200 shares | 20,54,000 shares |
Gabion Technologies IPO subscribed 826.00x in total, whereas Swastika Castal IPO subscribed 5.08x.
| Gabion Technologies IPO | Swastika Castal IPO | |
|---|---|---|
| QIB (times) | 271.13x | |
| NII (times) | 1,467.78x | 2.42x |
| Big NII (times) | 1,780.71x | |
| Small NII (times) | 841.91x | |
| RII (times) | 867.23x | 7.75x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 826.00x | 5.08x |
