Comparison between Metalic Technoforge IPO and Ratnadhar Infra IPO.
Metalic Technoforge IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ratnadhar Infra IPO is a SME Bookbuilding proposed to list at BSE SME.
| Metalic Technoforge IPO | Ratnadhar Infra IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Kreo Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | ||
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL |
The total issue size of Metalic Technoforge IPO is up to ₹47.43 Cr whereas the issue size of the Ratnadhar Infra IPO is up to ₹0.00 Cr. The final issue price of Metalic Technoforge IPO is and of Ratnadhar Infra IPO is .
| Metalic Technoforge IPO | Ratnadhar Infra IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹72.00 per share | |
| Issue Price (Upper) | ₹77.00 per share | |
| Issue Price (Final) | ||
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | |
| Fresh Issue Size | 61,60,000 shares | 53,75,000 shares |
| Fresh Issue Size (Amount) | up to ₹47.43 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,60,000 shares | 53,75,000 shares |
| Issue Size Total (Amount) | up to ₹47.43 Cr | up to ₹0.00 Cr |
Metalic Technoforge IPO opens on Jul 21, 2026, while Ratnadhar Infra IPO opens on . The closing date of Metalic Technoforge IPO and Ratnadhar Infra IPO is Jul 23, 2026, and , respectively.
| Metalic Technoforge IPO | Ratnadhar Infra IPO | |
|---|---|---|
| Anchor Bid Date | Jul 20, 2026 | |
| Issue Open | Jul 21, 2026 | |
| Issue Close | Jul 23, 2026 | |
| Basis Of Allotment (Tentative) | Jul 24, 2026 | |
| Initiation of Refunds (Tentative) | Jul 24, 2026 | |
| Credit of Share (Tentative) | Jul 27, 2026 | |
| Listing date (Tentative) | Jul 28, 2026 | |
| Anchor Lockin End date 1 | Aug 23, 2026 | |
| Anchor Lockin End date 2 | Oct 22, 2026 |
Metalic Technoforge IPO P/E ratio is 10.9, as compared to Ratnadhar Infra IPO P/E ratio of .
| Metalic Technoforge IPO | Ratnadhar Infra IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Metalic Technoforge Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 37% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.63 | 99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹184.68 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 48.66 | 95.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.38 | 44.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.07 | ₹3.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 37 | 64.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Metalic Technoforge IPO Retail Individual Investors (RII) are offered 21,60,000 shares while in Ratnadhar Infra IPO retail investors are offered 21,60,000 shares. Qualified Institutional Buyers (QIB) are offered 12,32,000 shares in Metalic Technoforge IPO and 0 shares in Ratnadhar Infra IPO.
| Metalic Technoforge IPO | Ratnadhar Infra IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,40,000 shares | 0 shares |
| Market Maker Reservation | 3,28,000 shares | 0 shares |
| QIB | 12,32,000 shares | 0 shares |
| NII | 9,28,000 shares | 0 shares |
| RII | 21,60,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 61,60,000 shares | 0 shares |
Metalic Technoforge IPO subscribed 0.24x in total, whereas Ratnadhar Infra IPO subscribed .
| Metalic Technoforge IPO | Ratnadhar Infra IPO | |
|---|---|---|
| QIB (times) | 0.00x | |
| NII (times) | 0.14x | |
| Big NII (times) | 0.08x | |
| Small NII (times) | 0.25x | |
| RII (times) | 0.43x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.24x |
