Comparison between Kanishk Aluminium India IPO and Value 360 Communications IPO.
Kanishk Aluminium India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Value 360 Communications IPO is a SME Bookbuilding proposed to list at NSE SME.
| Kanishk Aluminium India IPO | Value 360 Communications IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Sun Capital Advisory Services Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Aikyam Capital Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Kanishk Aluminium India IPO is up to ₹27.74 Cr whereas the issue size of the Value 360 Communications IPO is up to ₹39.60 Cr. The final issue price of Kanishk Aluminium India IPO is ₹73.00 per share and of Value 360 Communications IPO is ₹98.00 per share.
| Kanishk Aluminium India IPO | Value 360 Communications IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹98.00 per share | |
| Issue Price (Final) | ₹73.00 per share | ₹98.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 38,00,000 shares | 36,15,600 shares |
| Fresh Issue Size (Amount) | up to ₹27.74 Cr | up to ₹35.43 Cr |
| OFS Issue Size | 0 shares | 4,24,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.16 Cr |
| Issue Size Total | 38,00,000 shares | 40,40,400 shares |
| Issue Size Total (Amount) | up to ₹27.74 Cr | up to ₹39.60 Cr |
Kanishk Aluminium India IPO opens on Jan 28, 2026, while Value 360 Communications IPO opens on May 04, 2026. The closing date of Kanishk Aluminium India IPO and Value 360 Communications IPO is Jan 30, 2026, and May 06, 2026, respectively.
| Kanishk Aluminium India IPO | Value 360 Communications IPO | |
|---|---|---|
| Anchor Bid Date | Apr 30, 2026 | |
| Issue Open | Jan 28, 2026 | May 04, 2026 |
| Issue Close | Jan 30, 2026 | May 06, 2026 |
| Basis Of Allotment (Tentative) | Feb 02, 2026 | May 07, 2026 |
| Initiation of Refunds (Tentative) | Feb 03, 2026 | May 07, 2026 |
| Credit of Share (Tentative) | Feb 03, 2026 | May 08, 2026 |
| Listing date (Tentative) | Feb 04, 2026 | May 11, 2026 |
| Anchor Lockin End date 1 | Jun 06, 2026 | |
| Anchor Lockin End date 2 | Aug 05, 2026 |
Kanishk Aluminium India IPO P/E ratio is 22.66, as compared to Value 360 Communications IPO P/E ratio of 20.74.
| Kanishk Aluminium India IPO | Value 360 Communications IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 81.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.24 | 59.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.66 | 20.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹98.11 Cr. | ₹157.68 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.21 | 22.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.61 | 34.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.37 | 0.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.22 | ₹4.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.21 | 23.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Kanishk Aluminium India IPO Retail Individual Investors (RII) are offered 19,00,800 shares while in Value 360 Communications IPO retail investors are offered 19,00,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kanishk Aluminium India IPO and 72,000 shares in Value 360 Communications IPO.
| Kanishk Aluminium India IPO | Value 360 Communications IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,00,000 shares | 2,13,600 shares |
| QIB | 0 shares | 72,000 shares |
| NII | 18,99,200 shares | 11,77,200 shares |
| RII | 19,00,800 shares | 27,91,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 38,00,000 shares | 40,40,400 shares |
Kanishk Aluminium India IPO subscribed 1.04x in total, whereas Value 360 Communications IPO subscribed 1.20x.
| Kanishk Aluminium India IPO | Value 360 Communications IPO | |
|---|---|---|
| QIB (times) | 17.00x | |
| NII (times) | 0.23x | 1.24x |
| Big NII (times) | 1.33x | |
| Small NII (times) | 1.07x | |
| RII (times) | 1.86x | 0.77x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.04x | 1.20x |
