Kalyani Cast Tech IPO vs Swashthik Plascon IPO

Comparision between Kalyani Cast Tech IPO and Swashthik Plascon IPO.

IPO Details

Kalyani Cast Tech IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Swashthik Plascon IPO is a SME Book Built Issue proposed to list at BSE SME.

	Kalyani Cast Tech IPO	Swashthik Plascon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	BSE 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	Nikunj Stock Brokers 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 Swashthik Plascon IPO is up to ₹40.76 Cr. The final issue price of Kalyani Cast Tech IPO is ₹139.00 per share and of Swashthik Plascon IPO is ₹86.00 per share.

	Kalyani Cast Tech IPO	Swashthik Plascon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹137.00 per share	₹80.00 per share
Issue Price (Upper)	₹139.00 per share	₹86.00 per share
Issue Price (Final)	₹139.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	21,66,000 shares	47,39,200 shares
Fresh Issue Size (Amount)	up to ₹30.11 Cr	up to ₹40.76 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,66,000 shares	47,39,200 shares
Issue Size Total (Amount)	up to ₹30.11 Cr	up to ₹40.76 Cr

IPO Timetable

Kalyani Cast Tech IPO opens on Nov 08, 2023, while Swashthik Plascon IPO opens on Nov 24, 2023. The closing date of Kalyani Cast Tech IPO and Swashthik Plascon IPO is Nov 10, 2023, and Nov 29, 2023, respectively.

	Kalyani Cast Tech IPO	Swashthik Plascon IPO
Anchor Bid Date	Nov 07, 2023	Nov 23, 2023
Issue Open	Nov 08, 2023	Nov 24, 2023
Issue Close	Nov 10, 2023	Nov 29, 2023
Basis Of Allotment (Tentative)	Nov 13, 2023	Dec 04, 2023
Initiation of Refunds (Tentative)	Nov 15, 2023	Dec 05, 2023
Credit of Share (Tentative)	Nov 17, 2023	Dec 05, 2023
Listing date (Tentative)	Nov 17, 2023	Dec 05, 2023
Anchor Lockin End date 1	Dec 13, 2023	Jan 03, 2024
Anchor Lockin End date 2	Feb 11, 2024	Mar 03, 2024

Financials

Kalyani Cast Tech IPO P/E ratio is 8.67, as compared to Swashthik Plascon IPO P/E ratio of 17.23.

Kalyani Cast Tech IPO

Swashthik Plascon 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

Swashthik Plascon Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	11,416.09	11,076.25
Revenue	6,973.65	4,589.10
Profit After Tax	528.48	302.19
Net Worth	2,564.07	2,037.09
Reserves and Surplus	1,281.59	754.61
Total Borrowing	6,231.66	5,879.54
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

60.00%

Promoter Shareholding (Post-Issue)

69.83%

43.81%

P/E Ratio

8.67

17.23

Market Cap

₹99.81 Cr.

₹151.05 Cr.

ROE

78.64%%

22.78%%

ROCE

67.56%%

17.30%%

Debt/Equity

0.34

2.89

EPS

₹16.03

₹4.99

RoNW

56.45%%

14.95%%

Shares Offered

In the Kalyani Cast Tech IPO retail investors (RII) are offered 6,32,000 shares while in Swashthik Plascon 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 9,00,800 shares in Swashthik Plascon IPO.

	Kalyani Cast Tech IPO	Swashthik Plascon IPO
Anchor Investor Reserveration	5,40,000 shares	13,48,800 shares
Market Maker Reserveration	3,62,000 shares	2,38,400 shares
QIB	3,61,000 shares	9,00,800 shares
NII	2,71,000 shares	6,75,200 shares
RII	6,32,000 shares	15,76,000 shares
Employee	0 shares	0 shares
Others
Total	12,64,000 shares	31,52,000 shares

Bids Received (Subscription)

Kalyani Cast Tech IPO subscribed 208.59x in total, whereas Swashthik Plascon IPO subscribed 15.43x.

	Kalyani Cast Tech IPO	Swashthik Plascon IPO
QIB (times)	66.35x	3.42x
NII (times)	439.20x	35.76x
Big NII (times)
Small NII (times)
RII (times)	190.95x	13.58x
Employee (times)
Other (times)
Total (times)	208.59x	15.43x

Compare with others

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

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