Kalyani Cast Tech IPO vs Rockingdeals Circular Economy IPO

Comparision between Kalyani Cast Tech IPO and Rockingdeals Circular Economy IPO.

IPO Details

Kalyani Cast Tech IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Rockingdeals Circular Economy IPO is a SME Book Built Issue proposed to list at NSE SME.

	Kalyani Cast Tech IPO	Rockingdeals Circular Economy 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	Corporate Capitalventures Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Ss Corporate Securities 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 Rockingdeals Circular Economy IPO is up to ₹21.00 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of Rockingdeals Circular Economy IPO is ₹140.00 per share.

	Kalyani Cast Tech IPO	Rockingdeals Circular Economy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹137.00 per share	₹136.00 per share
Issue Price (Upper)	₹139.00 per share	₹140.00 per share
Issue Price (Final)	₹139.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1000 shares
Fresh Issue Size	21,66,000 shares	15,00,000 shares
Fresh Issue Size (Amount)	up to ₹30.11 Cr	up to ₹21.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,66,000 shares	15,00,000 shares
Issue Size Total (Amount)	up to ₹30.11 Cr	up to ₹21.00 Cr

IPO Timetable

Kalyani Cast Tech IPO opens on Nov 08, 2023, while Rockingdeals Circular Economy IPO opens on Nov 22, 2023. The closing date of Kalyani Cast Tech IPO and Rockingdeals Circular Economy IPO is Nov 10, 2023, and Nov 24, 2023, respectively.

	Kalyani Cast Tech IPO	Rockingdeals Circular Economy IPO
Anchor Bid Date	Nov 07, 2023	Nov 21, 2023
Issue Open	Nov 08, 2023	Nov 22, 2023
Issue Close	Nov 10, 2023	Nov 24, 2023
Basis Of Allotment (Tentative)	Nov 13, 2023	Nov 28, 2023
Initiation of Refunds (Tentative)	Nov 15, 2023	Nov 29, 2023
Credit of Share (Tentative)	Nov 17, 2023	Nov 29, 2023
Listing date (Tentative)	Nov 17, 2023	Nov 30, 2023
Anchor Lockin End date 1	Dec 13, 2023	Dec 28, 2023
Anchor Lockin End date 2	Feb 11, 2024	Feb 26, 2024

Financials

Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to Rockingdeals Circular Economy IPO P/E ratio of 33.33.

Kalyani Cast Tech IPO

Rockingdeals Circular Economy 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

Rocking Deals Circular Economy Limited Financial Information (Restated)

Rocking Deals Circular Economy Limited's revenue decreased by -1.01% and profit after tax (PAT) rose by 974.19% 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	1,437.45	1,226.60	1,397.27	1,863.09
Revenue	958.15	1,517.53	1,533.08	1,069.62
Profit After Tax	125.15	154.34	14.37	-1.48
Net Worth	818.46	693.31	538.97	539.48
Reserves and Surplus	450.58	681.05	526.71	527.21
Total Borrowing	372.81	393.20	406.10	411.85
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

88.45%

Promoter Shareholding (Post-Issue)

69.83%

65.00%

P/E Ratio

8.67

33.33

Market Cap

₹99.81 Cr.

₹79.23 Cr.

ROE

78.64%%

25.05%%

ROCE

67.56%%

22.73%%

Debt/Equity

0.34

EPS

₹16.03

₹4.20

RoNW

56.45%%

22.26%%

Shares Offered

In the Kalyani Cast Tech IPO retail investors (RII) are offered 6,32,000 shares while in Rockingdeals Circular Economy 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 2,80,000 shares in Rockingdeals Circular Economy IPO.

	Kalyani Cast Tech IPO	Rockingdeals Circular Economy IPO
Anchor Investor Reserveration	5,40,000 shares	4,20,000 shares
Market Maker Reserveration	3,62,000 shares	85,000 shares
QIB	3,61,000 shares	2,80,000 shares
NII	2,71,000 shares	2,15,000 shares
RII	6,32,000 shares	5,00,000 shares
Employee	0 shares	0 shares
Others
Total	12,64,000 shares	9,95,000 shares

Bids Received (Subscription)

Kalyani Cast Tech IPO subscribed 208.59x in total, whereas Rockingdeals Circular Economy IPO subscribed 213.64x.

	Kalyani Cast Tech IPO	Rockingdeals Circular Economy IPO
QIB (times)	66.35x	47.38x
NII (times)	439.20x	458.60x
Big NII (times)
Small NII (times)
RII (times)	190.95x	201.42x
Employee (times)
Other (times)
Total (times)	208.59x	213.64x

Compare with others

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

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