Kalyani Cast Tech IPO vs Sunrest Lifescience IPO

Comparision between Kalyani Cast Tech IPO and Sunrest Lifescience IPO.

IPO Details

Kalyani Cast Tech IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sunrest Lifescience IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Kalyani Cast Tech IPO	Sunrest Lifescience IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Mark Corporate Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Gretex Share Broking Private Limited	Svcm Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
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 Sunrest Lifescience IPO is up to ₹10.85 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.

	Kalyani Cast Tech IPO	Sunrest Lifescience IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹137.00 per share
Issue Price (Upper)	₹139.00 per share
Issue Price (Final)	₹139.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	21,66,000 shares	12,91,200 shares
Fresh Issue Size (Amount)	up to ₹30.11 Cr	up to ₹10.85 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,66,000 shares	12,91,200 shares
Issue Size Total (Amount)	up to ₹30.11 Cr	up to ₹10.85 Cr

IPO Timetable

Kalyani Cast Tech IPO opens on Nov 08, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of Kalyani Cast Tech IPO and Sunrest Lifescience IPO is Nov 10, 2023, and Nov 09, 2023, respectively.

	Kalyani Cast Tech IPO	Sunrest Lifescience IPO
Anchor Bid Date	Nov 07, 2023
Issue Open	Nov 08, 2023	Nov 07, 2023
Issue Close	Nov 10, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Nov 13, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Nov 15, 2023	Nov 16, 2023
Credit of Share (Tentative)	Nov 17, 2023	Nov 17, 2023
Listing date (Tentative)	Nov 17, 2023	Nov 20, 2023
Anchor Lockin End date 1	Dec 13, 2023	Dec 15, 2023
Anchor Lockin End date 2	Feb 11, 2024	Feb 13, 2024

Financials

Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to Sunrest Lifescience IPO P/E ratio of 12.33.

Kalyani Cast Tech IPO

Sunrest Lifescience 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

Sunrest Lifescience Limited Financial Information (Restated)

Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% 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	1,706.28	1,671.37	1,301.97	948.15
Revenue	563.58	2,467.05	2,690.99	1,694.91
Profit After Tax	75.08	204.31	77.71	16.55
Net Worth	386.60	311.52	107.20	29.49
Reserves and Surplus	86.60	11.52	106.20	28.49
Total Borrowing	347.32	214.32	323.83	231.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

69.83%

69.91%

P/E Ratio

8.67

12.33

Market Cap

₹99.81 Cr.

₹36.05 Cr.

ROE

78.64%%

53%%

ROCE

67.56%%

98%%

Debt/Equity

0.34

0.64

EPS

₹16.03

₹6.81

RoNW

56.45%%

65.59%%

Shares Offered

In the Kalyani Cast Tech IPO retail investors (RII) are offered 6,32,000 shares while in Sunrest Lifescience 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 0 shares in Sunrest Lifescience IPO.

	Kalyani Cast Tech IPO	Sunrest Lifescience IPO
Anchor Investor Reserveration	5,40,000 shares
Market Maker Reserveration	3,62,000 shares	65,600 shares
QIB	3,61,000 shares	0 shares
NII	2,71,000 shares	6,12,800 shares
RII	6,32,000 shares	6,12,800 shares
Employee	0 shares	0 shares
Others
Total	12,64,000 shares	12,25,600 shares

Bids Received (Subscription)

Kalyani Cast Tech IPO subscribed 208.59x in total, whereas Sunrest Lifescience IPO subscribed 48.54x.

	Kalyani Cast Tech IPO	Sunrest Lifescience IPO
QIB (times)	66.35x
NII (times)	439.20x	29.17x
Big NII (times)
Small NII (times)
RII (times)	190.95x	65.74x
Employee (times)
Other (times)
Total (times)	208.59x	48.54x

Compare with others

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

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