Comparison between Akme Fintrade IPO and Le Travenues Technology IPO.
Akme Fintrade IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Le Travenues Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Akme Fintrade IPO is up to ₹132.00 Cr whereas the issue size of the Le Travenues Technology IPO is up to ₹740.10 Cr. The final issue price of Akme Fintrade IPO is ₹120.00 per share and of Le Travenues Technology IPO is ₹93.00 per share.
| Akme Fintrade IPO | Le Travenues Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹88.00 per share |
| Issue Price (Upper) | ₹120.00 per share | ₹93.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹93.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 125 shares | 161 shares |
| Fresh Issue Size | 1,10,00,000 shares | 1,29,03,225 shares |
| Fresh Issue Size (Amount) | up to ₹132.00 Cr | up to ₹120.00 Cr |
| OFS Issue Size | 0 shares | 6,66,77,674 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹620.10 Cr |
| Issue Size Total | 1,10,00,000 shares | 7,95,80,899 shares |
| Issue Size Total (Amount) | up to ₹132.00 Cr | up to ₹740.10 Cr |
Akme Fintrade IPO opens on Jun 19, 2024, while Le Travenues Technology IPO opens on Jun 10, 2024. The closing date of Akme Fintrade IPO and Le Travenues Technology IPO is Jun 21, 2024, and Jun 12, 2024, respectively.
| Akme Fintrade IPO | Le Travenues Technology IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jun 07, 2024 |
| Issue Open | Jun 19, 2024 | Jun 10, 2024 |
| Issue Close | Jun 21, 2024 | Jun 12, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jun 13, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jun 14, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jun 14, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jun 18, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Jul 13, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Sep 11, 2024 |
Akme Fintrade IPO P/E ratio is , as compared to Le Travenues Technology IPO P/E ratio of 148.87.
| Akme Fintrade IPO | Le Travenues Technology IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 148.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3603.04 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.64% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.87 | ₹0.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.81% | 15.26% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Akme Fintrade IPO Retail Individual Investors (RII) are offered 36,57,500 shares while in Le Travenues Technology IPO retail investors are offered 36,57,500 shares. Qualified Institutional Buyers (QIB) are offered 20,90,000 shares in Akme Fintrade IPO and 2,38,74,271 shares in Le Travenues Technology IPO.
| Akme Fintrade IPO | Le Travenues Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,35,000 shares | 3,58,11,405 shares |
| Market Maker Reservation | ||
| QIB | 20,90,000 shares | 2,38,74,271 shares |
| NII | 15,67,500 shares | 1,19,37,134 shares |
| RII | 36,57,500 shares | 79,58,089 shares |
| Employee | 5,50,000 shares | |
| Others | ||
| Total | 1,10,00,000 shares | 7,95,80,899 shares |
Akme Fintrade IPO subscribed 54.49x in total, whereas Le Travenues Technology IPO subscribed 98.10x.
| Akme Fintrade IPO | Le Travenues Technology IPO | |
|---|---|---|
| QIB (times) | 28.12x | 106.73x |
| NII (times) | 129.98x | 110.25x |
| Big NII (times) | 121.56x | 117.40x |
| Small NII (times) | 146.83x | 95.95x |
| RII (times) | 44.58x | 53.95x |
| Employee (times) | 5.42x | |
| Other (times) | ||
| Total (times) | 54.49x | 98.10x |
