Comparison between Kasturi Metal Composite IPO and Swastika Castal IPO.
Kasturi Metal Composite 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.
| Kasturi Metal Composite 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 | Hem Securities Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Accurate Securities & Registry Pvt.Ltd. |
| Market Maker | Hem Finlease 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 Kasturi Metal Composite IPO is up to ₹16.73 Cr whereas the issue size of the Swastika Castal IPO is up to ₹13.35 Cr. The final issue price of Kasturi Metal Composite IPO is ₹64.00 per share and of Swastika Castal IPO is ₹65.00 per share.
| Kasturi Metal Composite IPO | Swastika Castal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹61.00 per share | |
| Issue Price (Upper) | ₹64.00 per share | |
| Issue Price (Final) | ₹64.00 per share | ₹65.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 26,14,000 shares | 20,54,000 shares |
| Fresh Issue Size (Amount) | up to ₹16.73 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 | 26,14,000 shares | 20,54,000 shares |
| Issue Size Total (Amount) | up to ₹16.73 Cr | up to ₹13.35 Cr |
Kasturi Metal Composite IPO opens on Jan 27, 2026, while Swastika Castal IPO opens on Jul 21, 2025. The closing date of Kasturi Metal Composite IPO and Swastika Castal IPO is Jan 29, 2026, and Jul 23, 2025, respectively.
| Kasturi Metal Composite IPO | Swastika Castal IPO | |
|---|---|---|
| Anchor Bid Date | Jan 23, 2026 | |
| Issue Open | Jan 27, 2026 | Jul 21, 2025 |
| Issue Close | Jan 29, 2026 | Jul 23, 2025 |
| Basis Of Allotment (Tentative) | Jan 30, 2026 | Jul 24, 2025 |
| Initiation of Refunds (Tentative) | Feb 02, 2026 | Jul 25, 2025 |
| Credit of Share (Tentative) | Feb 02, 2026 | Jul 25, 2025 |
| Listing date (Tentative) | Feb 03, 2026 | Jul 28, 2025 |
| Anchor Lockin End date 1 | Feb 28, 2026 | |
| Anchor Lockin End date 2 | Apr 29, 2026 |
Kasturi Metal Composite IPO P/E ratio is 23.59, as compared to Swastika Castal IPO P/E ratio of 14.8.
| Kasturi Metal Composite IPO | Swastika Castal IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| 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) | 92.35 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.90 | 73.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.59 | 14.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹66.53 Cr. | ₹53.07 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.80 | 28.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.76 | 32.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.74 | 0.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.71 | ₹4.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 11.54 | 24.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kasturi Metal Composite IPO Retail Individual Investors (RII) are offered 9,16,000 shares while in Swastika Castal IPO retail investors are offered 9,16,000 shares. Qualified Institutional Buyers (QIB) are offered 5,22,000 shares in Kasturi Metal Composite IPO and 0 shares in Swastika Castal IPO.
| Kasturi Metal Composite IPO | Swastika Castal IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,82,000 shares | |
| Market Maker Reservation | 1,38,000 shares | 1,10,000 shares |
| QIB | 5,22,000 shares | 0 shares |
| NII | 3,94,000 shares | 10,26,000 shares |
| RII | 9,16,000 shares | 10,28,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 26,14,000 shares | 20,54,000 shares |
Kasturi Metal Composite IPO subscribed 17.75x in total, whereas Swastika Castal IPO subscribed 5.08x.
| Kasturi Metal Composite IPO | Swastika Castal IPO | |
|---|---|---|
| QIB (times) | 4.00x | |
| NII (times) | 38.88x | 2.42x |
| Big NII (times) | 46.95x | |
| Small NII (times) | 22.88x | |
| RII (times) | 16.49x | 7.75x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.75x | 5.08x |
