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Akshar Spintex IPO vs Dr Lalchandani Labs IPO

Comparison between Akshar Spintex IPO and Dr Lalchandani Labs IPO.

IPO Details

Akshar Spintex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Dr Lalchandani Labs IPO is a SME Fixed Price proposed to list at BSE SME.

 Akshar Spintex IPODr Lalchandani Labs IPO
LogoAkshar Spintex IPO LogoDr Lalchandani Labs IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Navigant Corporate Advisors Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the Dr Lalchandani Labs IPO is up to ₹3.98 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Dr Lalchandani Labs IPO is ₹30.00 per share.

 Akshar Spintex IPODr Lalchandani Labs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹40.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares4000 shares
Fresh Issue Size6,54,000 shares13,28,000 shares
Fresh Issue Size (Amount)up to ₹2.62 Crup to ₹3.98 Cr
OFS Issue Size57,48,000 shares0 shares
OFS Issue Size (Amount)up to ₹22.99 Crup to ₹0.00 Cr
Issue Size Total64,02,000 shares13,28,000 shares
Issue Size Total (Amount)up to ₹25.61 Crup to ₹3.98 Cr

IPO Timetable

Akshar Spintex IPO opens on Apr 27, 2018, while Dr Lalchandani Labs IPO opens on Apr 25, 2018. The closing date of Akshar Spintex IPO and Dr Lalchandani Labs IPO is May 03, 2018, and Apr 27, 2018, respectively.

 Akshar Spintex IPODr Lalchandani Labs IPO
Anchor Bid Date
Issue OpenApr 27, 2018Apr 25, 2018
Issue CloseMay 03, 2018Apr 27, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)May 11, 2018May 09, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Akshar Spintex IPO P/E ratio is , as compared to Dr Lalchandani Labs IPO P/E ratio of .

 Akshar Spintex IPODr Lalchandani Labs IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 8218.88 7487.82 7029.73 2479.56
Total Revenue 9038.94 5984.38 1561.73 0
Profit After Tax 538.61 266.94 (51.25) 0
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 376.39 366.45 187.16 168.93 165.22
Total Revenue 461.67 302.81 192.79 141.39 121.96
Profit After Tax 70.74 32.32 31.91 4.13 1.93
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in Dr Lalchandani Labs IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Akshar Spintex IPO and in Dr Lalchandani Labs IPO.

 Akshar Spintex IPODr Lalchandani Labs IPO
Anchor Investor Reserveration
Market Maker Reserveration3,45,000 shares72,000 shares
QIB
NII32,01,000 shares6,64,000 shares
RII32,01,000 shares6,64,000 shares
Employee
Others
Total64,02,000 shares13,28,000 shares

Bids Received (Subscription)

Akshar Spintex IPO subscribed 5.49x in total, whereas Dr Lalchandani Labs IPO subscribed 4.96x.

 Akshar Spintex IPODr Lalchandani Labs IPO
QIB (times)
NII (times)1.71x3.35x
Big NII (times)
Small NII (times)
RII (times)9.24x6.48x
Employee (times)
Other (times)
Total (times)5.49x4.96x