Kalyani Cast Tech IPO vs Micropro Software Solutions IPO

Comparision between Kalyani Cast Tech IPO and Micropro Software Solutions IPO.

IPO Details

Kalyani Cast Tech IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Micropro Software Solutions IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Kalyani Cast Tech IPO	Micropro Software Solutions 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	Swaraj shares and securities private limited
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Nikunj Stock Brokers 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 Micropro Software Solutions IPO is up to ₹30.70 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of Micropro Software Solutions IPO is ₹81.00 per share.

	Kalyani Cast Tech IPO	Micropro Software Solutions 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	₹81.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	21,66,000 shares	37,90,400 shares
Fresh Issue Size (Amount)	up to ₹30.11 Cr	up to ₹30.70 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,66,000 shares	37,90,400 shares
Issue Size Total (Amount)	up to ₹30.11 Cr	up to ₹30.70 Cr

IPO Timetable

Kalyani Cast Tech IPO opens on Nov 08, 2023, while Micropro Software Solutions IPO opens on Nov 03, 2023. The closing date of Kalyani Cast Tech IPO and Micropro Software Solutions IPO is Nov 10, 2023, and Nov 07, 2023, respectively.

	Kalyani Cast Tech IPO	Micropro Software Solutions IPO
Anchor Bid Date	Nov 07, 2023
Issue Open	Nov 08, 2023	Nov 03, 2023
Issue Close	Nov 10, 2023	Nov 07, 2023
Basis Of Allotment (Tentative)	Nov 13, 2023	Nov 09, 2023
Initiation of Refunds (Tentative)	Nov 15, 2023	Nov 10, 2023
Credit of Share (Tentative)	Nov 17, 2023	Nov 10, 2023
Listing date (Tentative)	Nov 17, 2023	Nov 10, 2023
Anchor Lockin End date 1	Dec 13, 2023	Dec 09, 2023
Anchor Lockin End date 2	Feb 11, 2024	Feb 07, 2024

Financials

Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to Micropro Software Solutions IPO P/E ratio of 0.34.

Kalyani Cast Tech IPO

Micropro Software Solutions 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

Micropro Software Solutions Limited Financial Information (Restated)

Micropro Software Solutions Limited's revenue increased by 26.32% and profit after tax (PAT) rose by 121.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 May 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,411.30	2,559.57	2,048.58	1,547.57
Revenue	275.95	2,217.20	1,755.17	1,392.48
Profit After Tax	47.65	592.23	267.14	129.51
Net Worth		1,648.21	1,055.98	788.84
Reserves and Surplus	1,670.86	1,623.21	1,030.98	763.84
Total Borrowing	338.03	397.97	592.05	437.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

63.40%

Promoter Shareholding (Post-Issue)

69.83%

46.59%

P/E Ratio

8.67

0.34

Market Cap

₹99.81 Cr.

₹116.48 Cr.

ROE

78.64%%

44%%

ROCE

67.56%%

41%%

Debt/Equity

0.34

0.13

EPS

₹16.03

₹5.78

RoNW

56.45%%

35.93%%

Shares Offered

In the Kalyani Cast Tech IPO retail investors (RII) are offered 6,32,000 shares while in Micropro Software Solutions 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 Micropro Software Solutions IPO.

	Kalyani Cast Tech IPO	Micropro Software Solutions IPO
Anchor Investor Reserveration	5,40,000 shares
Market Maker Reserveration	3,62,000 shares	1,90,400 shares
QIB	3,61,000 shares	0 shares
NII	2,71,000 shares	18,00,000 shares
RII	6,32,000 shares	18,00,000 shares
Employee	0 shares	0 shares
Others
Total	12,64,000 shares	36,00,000 shares

Bids Received (Subscription)

Kalyani Cast Tech IPO subscribed 208.59x in total, whereas Micropro Software Solutions IPO subscribed 36.88x.

	Kalyani Cast Tech IPO	Micropro Software Solutions IPO
QIB (times)	66.35x
NII (times)	439.20x	22.60x
Big NII (times)
Small NII (times)
RII (times)	190.95x	49.08x
Employee (times)
Other (times)
Total (times)	208.59x	36.88x

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Micropro Software Solutions IPO	Transteel Seating Technologies IPO

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