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Snehaa Organics IPO vs Swastika Castal IPO

Comparison between Snehaa Organics IPO and Swastika Castal IPO.

IPO Details

Snehaa Organics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Swastika Castal IPO is a SME Fixed Price proposed to list at BSE SME.

 Snehaa Organics IPOSwastika Castal IPO
LogoSnehaa Organics IPO LogoSwastika Castal IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Accurate Securities & Registry Pvt.Ltd.
Market MakerNirman Share Brokers Pvt.Ltd.Horizon Financial Consultants Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Snehaa Organics IPO is up to ₹31.05 Cr whereas the issue size of the Swastika Castal IPO is up to ₹13.35 Cr. The final issue price of Snehaa Organics IPO is ₹122.00 per share and of Swastika Castal IPO is ₹65.00 per share.

 Snehaa Organics IPOSwastika Castal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹122.00 per share
Issue Price (Final)₹122.00 per share₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares2000 shares
Fresh Issue Size25,45,000 shares20,54,000 shares
Fresh Issue Size (Amount)up to ₹31.05 Crup to ₹13.35 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,45,000 shares20,54,000 shares
Issue Size Total (Amount)up to ₹31.05 Crup to ₹13.35 Cr

IPO Timetable

Snehaa Organics IPO opens on Aug 29, 2025, while Swastika Castal IPO opens on Jul 21, 2025. The closing date of Snehaa Organics IPO and Swastika Castal IPO is Sep 02, 2025, and Jul 23, 2025, respectively.

 Snehaa Organics IPOSwastika Castal IPO
Anchor Bid DateAug 28, 2025
Issue OpenAug 29, 2025Jul 21, 2025
Issue CloseSep 02, 2025Jul 23, 2025
Basis Of Allotment (Tentative)Sep 03, 2025Jul 24, 2025
Initiation of Refunds (Tentative)Sep 04, 2025Jul 25, 2025
Credit of Share (Tentative)Sep 04, 2025Jul 25, 2025
Listing date (Tentative)Sep 05, 2025Jul 28, 2025
Anchor Lockin End date 1Oct 03, 2025
Anchor Lockin End date 2Dec 02, 2025

Financials & KPIs

Snehaa Organics IPO P/E ratio is 12.47, as compared to Swastika Castal IPO P/E ratio of 14.8.

 Snehaa Organics IPOSwastika Castal IPO
FinancialsEBITDA

Swastika Castal Ltd. Financial Information (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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets30.8323.8226.24
Total Income30.3123.3524.41
Profit After Tax2.630.650.58
EBITDA4.552.482.33
Net Worth10.678.037.39
Reserves and Surplus4.676.535.89
Total Borrowing9.128.979.64
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99100.00
Promoter Shareholding (Post-Issue)73.6873.49
P/E Ratio12.4714.8
Market Cap₹124.18 Cr.₹53.07 Cr.
ROE49.66%28.17%
ROCE50.38%32.74%
Debt/Equity0.610.85
EPS₹9.78₹4.39
RoNW49.66%24.70%

Shares Offered

In the Snehaa Organics IPO Retail Individual Investors (RII) are offered 12,10,000 shares while in Swastika Castal IPO retail investors are offered 12,10,000 shares. Qualified Institutional Buyers (QIB) are offered 1,26,000 shares in Snehaa Organics IPO and 0 shares in Swastika Castal IPO.

 Snehaa Organics IPOSwastika Castal IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration1,34,000 shares1,10,000 shares
QIB1,26,000 shares0 shares
NII12,09,000 shares10,26,000 shares
RII12,10,000 shares10,28,000 shares
Employee0 shares0 shares
Others
Total25,45,000 shares20,54,000 shares

Bids Received (Subscription)

Snehaa Organics IPO subscribed 27.75x in total, whereas Swastika Castal IPO subscribed 5.08x.

 Snehaa Organics IPOSwastika Castal IPO
QIB (times)42.19x
NII (times)16.23x2.42x
Big NII (times)16.80x
Small NII (times)15.10x
RII (times)37.75x7.75x
Employee (times)
Other (times)
Total (times)27.75x5.08x