Kalyani Cast Tech IPO vs Net Avenue Technologies IPO

Comparision between Kalyani Cast Tech IPO and Net Avenue Technologies IPO.

IPO Details

Kalyani Cast Tech IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Net Avenue Technologies IPO is a SME Book Built Issue proposed to list at NSE SME.

	Kalyani Cast Tech IPO	Net Avenue Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Kalyani Cast Tech IPO is up to ₹30.11 Cr whereas the issue size of the Net Avenue Technologies IPO is up to ₹10.25 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of Net Avenue Technologies IPO is ₹18.00 per share.

	Kalyani Cast Tech IPO	Net Avenue Technologies IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹137.00 per share	₹16.00 per share
Issue Price (Upper)	₹139.00 per share	₹18.00 per share
Issue Price (Final)	₹139.00 per share	₹18.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	8000 shares
Fresh Issue Size	21,66,000 shares	56,96,000 shares
Fresh Issue Size (Amount)	up to ₹30.11 Cr	up to ₹10.25 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,66,000 shares	56,96,000 shares
Issue Size Total (Amount)	up to ₹30.11 Cr	up to ₹10.25 Cr

IPO Timetable

Kalyani Cast Tech IPO opens on Nov 08, 2023, while Net Avenue Technologies IPO opens on Nov 30, 2023. The closing date of Kalyani Cast Tech IPO and Net Avenue Technologies IPO is Nov 10, 2023, and Dec 04, 2023, respectively.

	Kalyani Cast Tech IPO	Net Avenue Technologies IPO
Anchor Bid Date	Nov 07, 2023	Nov 29, 2023
Issue Open	Nov 08, 2023	Nov 30, 2023
Issue Close	Nov 10, 2023	Dec 04, 2023
Basis Of Allotment (Tentative)	Nov 13, 2023	Dec 07, 2023
Initiation of Refunds (Tentative)	Nov 15, 2023	Dec 08, 2023
Credit of Share (Tentative)	Nov 17, 2023	Dec 11, 2023
Listing date (Tentative)	Nov 17, 2023	Dec 08, 2023
Anchor Lockin End date 1	Dec 13, 2023	Jan 06, 2024
Anchor Lockin End date 2	Feb 11, 2024	Mar 06, 2024

Financials

Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to Net Avenue Technologies IPO P/E ratio of 8.57.

Kalyani Cast Tech IPO

Net Avenue Technologies IPO

Financial

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 Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,059.18	2,420.19	1,599.54	1,367.88
Revenue	2,467.85	6,336.46	4,947.12	1,135.26
Profit After Tax	293.64	803.79	117.33	35.36
Net Worth	1,717.65	1,424.01	620.22	502.89
Reserves and Surplus	1,216.20	922.56	118.77	1.44
Total Borrowing	581.92	342.05	269.87	498.54
Amount in ₹ Lakhs

Net Avenue Technologies Limited Financial Information (Restated Consolidated)

Net Avenue Technologies Limited's revenue increased by 5.34% and profit after tax (PAT) dropped by -32.55% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,317.92	1,419.90	1,295.26	769.85
Revenue	783.89	3,451.26	3,276.16	1,447.54
Profit After Tax	94.39	176.40	261.51	23.11
Net Worth	328.70	233.54	42.57	-228.37
Reserves and Surplus	306.57	211.41	20.44	-250.50
Total Borrowing	292.69	276.06	84.24	191.07
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

45.31%

Promoter Shareholding (Post-Issue)

69.83%

33.28%

P/E Ratio

8.67

8.57

Market Cap

₹99.81 Cr.

₹38.62 Cr.

ROE

78.64%%

127.77%%

ROCE

67.56%%

5.28%%

Debt/Equity

0.34

1.18

EPS

₹16.03

₹2.10

RoNW

56.45%%

75.53%%

Shares Offered

In the Kalyani Cast Tech IPO retail investors (RII) are offered 6,32,000 shares while in Net Avenue Technologies 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 10,80,000 shares in Net Avenue Technologies IPO.

	Kalyani Cast Tech IPO	Net Avenue Technologies IPO
Anchor Investor Reserveration	5,40,000 shares	16,16,000 shares
Market Maker Reserveration	3,62,000 shares	2,88,000 shares
QIB	3,61,000 shares	10,80,000 shares
NII	2,71,000 shares	8,16,000 shares
RII	6,32,000 shares	18,96,000 shares
Employee	0 shares	0 shares
Others
Total	12,64,000 shares	37,92,000 shares

Bids Received (Subscription)

Kalyani Cast Tech IPO subscribed 208.59x in total, whereas Net Avenue Technologies IPO subscribed 511.21x.

	Kalyani Cast Tech IPO	Net Avenue Technologies IPO
QIB (times)	66.35x	61.99x
NII (times)	439.20x	616.25x
Big NII (times)
Small NII (times)
RII (times)	190.95x	721.89x
Employee (times)
Other (times)
Total (times)	208.59x	511.21x

Compare with others

Kalyani Cast Tech IPO	Net Avenue Technologies IPO
Net Avenue Technologies IPO	Accent Microcell IPO
Deepak Chemtex IPO	Marinetrans India IPO
Swashthik Plascon IPO	Shanti Spintex IPO
Rockingdeals Circular Economy IPO	Graphisads IPO
Arrowhead Seperation Engineering IPO	AMIC Forging IPO
ROX Hi-Tech IPO	Deepak Chemtex IPO
Sunrest Lifescience IPO	Swashthik Plascon IPO
Sheetal Universal IPO	Rockingdeals Circular Economy IPO
Baba Food Processing IPO	Arrowhead Seperation Engineering IPO
Micropro Software Solutions IPO	Kalyani Cast Tech IPO

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