Comparison between Diksha Polymers IPO and Narmadesh Brass Industries IPO.
Diksha Polymers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Narmadesh Brass Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Diksha Polymers IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | JSK Securities & Services Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | ||
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Diksha Polymers IPO is up to ₹16.99 Cr whereas the issue size of the Narmadesh Brass Industries IPO is up to ₹42.52 Cr. The final issue price of Diksha Polymers IPO is ₹112.00 per share and of Narmadesh Brass Industries IPO is ₹515.00 per share.
| Diksha Polymers IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹112.00 per share | ₹515.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 240 shares |
| Fresh Issue Size | 15,16,800 shares | 6,55,200 shares |
| Fresh Issue Size (Amount) | up to ₹16.99 Cr | up to ₹33.74 Cr |
| OFS Issue Size | 0 shares | 1,70,400 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹8.78 Cr |
| Issue Size Total | 15,16,800 shares | 8,25,600 shares |
| Issue Size Total (Amount) | up to ₹16.99 Cr | up to ₹42.52 Cr |
Diksha Polymers IPO opens on Jun 17, 2026, while Narmadesh Brass Industries IPO opens on Jan 12, 2026. The closing date of Diksha Polymers IPO and Narmadesh Brass Industries IPO is Jun 19, 2026, and Jan 16, 2026, respectively.
| Diksha Polymers IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 17, 2026 | Jan 12, 2026 |
| Issue Close | Jun 19, 2026 | Jan 16, 2026 |
| Basis Of Allotment (Tentative) | Jun 22, 2026 | Jan 19, 2026 |
| Initiation of Refunds (Tentative) | Jun 23, 2026 | Jan 20, 2026 |
| Credit of Share (Tentative) | Jun 23, 2026 | Jan 20, 2026 |
| Listing date (Tentative) | Jun 24, 2026 | Jan 21, 2026 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Diksha Polymers IPO P/E ratio is 9.79, as compared to Narmadesh Brass Industries IPO P/E ratio of 19.63.
| Diksha Polymers IPO | Narmadesh Brass Industries IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Diksha Polymers Ltd.'s revenue increased by 20% and profit after tax (PAT) rose by 56% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.25 | 71.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.79 | 19.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹58.20 Cr. | ₹159.69 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 48.32 | 49.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.09 | 23.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.44 | ₹26.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 48.32 | 49.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Diksha Polymers IPO Retail Individual Investors (RII) are offered 7,58,400 shares while in Narmadesh Brass Industries IPO retail investors are offered 7,58,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Diksha Polymers IPO and 0 shares in Narmadesh Brass Industries IPO.
| Diksha Polymers IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 81,600 shares | 45,600 shares |
| QIB | 0 shares | 0 shares |
| NII | 7,58,400 shares | 4,12,800 shares |
| RII | 7,58,400 shares | 4,12,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 15,16,800 shares | 8,25,600 shares |
Diksha Polymers IPO subscribed 2.88x in total, whereas Narmadesh Brass Industries IPO subscribed 1.18x.
| Diksha Polymers IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.63x | 1.92x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.14x | 0.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.88x | 1.18x |
