Comparison between Goel Construction IPO and Swastika Castal IPO.
Goel Construction 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.
| Goel Construction 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 | Srujan Alpha Capital Advisors LLP | Horizon Management Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Accurate Securities & Registry Pvt.Ltd. |
| Market Maker | Choice Equity 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 Goel Construction IPO is up to ₹95.14 Cr whereas the issue size of the Swastika Castal IPO is up to ₹13.35 Cr. The final issue price of Goel Construction IPO is ₹263.00 per share and of Swastika Castal IPO is ₹65.00 per share.
| Goel Construction IPO | Swastika Castal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹250.00 per share | |
| Issue Price (Upper) | ₹263.00 per share | |
| Issue Price (Final) | ₹263.00 per share | ₹65.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 400 shares | 2000 shares |
| Fresh Issue Size | 28,94,000 shares | 20,54,000 shares |
| Fresh Issue Size (Amount) | up to ₹76.11 Cr | up to ₹13.35 Cr |
| OFS Issue Size | 7,23,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹19.03 Cr | up to ₹0.00 Cr |
| Issue Size Total | 36,17,600 shares | 20,54,000 shares |
| Issue Size Total (Amount) | up to ₹95.14 Cr | up to ₹13.35 Cr |
Goel Construction IPO opens on Sep 02, 2025, while Swastika Castal IPO opens on Jul 21, 2025. The closing date of Goel Construction IPO and Swastika Castal IPO is Sep 04, 2025, and Jul 23, 2025, respectively.
| Goel Construction IPO | Swastika Castal IPO | |
|---|---|---|
| Anchor Bid Date | Sep 01, 2025 | |
| Issue Open | Sep 02, 2025 | Jul 21, 2025 |
| Issue Close | Sep 04, 2025 | Jul 23, 2025 |
| Basis Of Allotment (Tentative) | Sep 08, 2025 | Jul 24, 2025 |
| Initiation of Refunds (Tentative) | Sep 09, 2025 | Jul 25, 2025 |
| Credit of Share (Tentative) | Sep 09, 2025 | Jul 25, 2025 |
| Listing date (Tentative) | Sep 09, 2025 | Jul 28, 2025 |
| Anchor Lockin End date 1 | Oct 04, 2025 | |
| Anchor Lockin End date 2 | Dec 03, 2025 |
Goel Construction IPO P/E ratio is 7.8, as compared to Swastika Castal IPO P/E ratio of 14.8.
| Goel Construction IPO | Swastika Castal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Goel Construction Co.Ltd.'s revenue increased by 53% and profit after tax (PAT) rose by 69% 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.7 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.83 | 73.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 7.8 | 14.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹380.02 Cr. | ₹53.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.69 | 32.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | 0.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹33.72 | ₹4.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.09 | 24.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Goel Construction IPO Retail Individual Investors (RII) are offered 12,40,800 shares while in Swastika Castal IPO retail investors are offered 12,40,800 shares. Qualified Institutional Buyers (QIB) are offered 7,08,400 shares in Goel Construction IPO and 0 shares in Swastika Castal IPO.
| Goel Construction IPO | Swastika Castal IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,62,000 shares | |
| Market Maker Reservation | 1,90,400 shares | 1,10,000 shares |
| QIB | 7,08,400 shares | 0 shares |
| NII | 5,32,800 shares | 10,26,000 shares |
| RII | 12,40,800 shares | 10,28,000 shares |
| Employee | 73,600 shares | 0 shares |
| Others | ||
| Total | 36,17,600 shares | 20,54,000 shares |
Goel Construction IPO subscribed 124.34x in total, whereas Swastika Castal IPO subscribed 5.08x.
| Goel Construction IPO | Swastika Castal IPO | |
|---|---|---|
| QIB (times) | 124.20x | |
| NII (times) | 224.80x | 2.42x |
| Big NII (times) | 280.68x | |
| Small NII (times) | 113.03x | |
| RII (times) | 88.61x | 7.75x |
| Employee (times) | 1.01x | |
| Other (times) | ||
| Total (times) | 124.34x | 5.08x |
