Ambition Mica FPO vs Lorenzini Apparels IPO

Comparison between Ambition Mica FPO and Lorenzini Apparels IPO.

IPO Details

Ambition Mica FPO is a SME Fixed Price IPO proposed to list at BSE SME while Lorenzini Apparels IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ambition Mica FPO is up to ₹11.94 Cr whereas the issue size of the Lorenzini Apparels IPO is up to ₹4.24 Cr. The final issue price of Ambition Mica FPO is ₹42.00 per share and of Lorenzini Apparels IPO is ₹10.00 per share.

 Ambition Mica FPOLorenzini Apparels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹40.00 per share
Issue Price (Upper)₹42.00 per share
Issue Price (Final)₹42.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares10000 shares
Fresh Issue Size28,44,000 shares42,40,000 shares
Fresh Issue Size (Amount)up to ₹11.94 Crup to ₹4.24 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares42,40,000 shares
Issue Size Total (Amount)up to ₹11.94 Crup to ₹4.24 Cr

IPO Timetable

Ambition Mica FPO opens on Nov 16, 2017, while Lorenzini Apparels IPO opens on Jan 31, 2018. The closing date of Ambition Mica FPO and Lorenzini Apparels IPO is Nov 21, 2017, and Feb 06, 2018, respectively.

 Ambition Mica FPOLorenzini Apparels IPO
Issue OpenNov 16, 2017Jan 31, 2018
Issue CloseNov 21, 2017Feb 06, 2018
Basis Of Allotment (Tentative)Nov 24, 2017Feb 09, 2018
Initiation of Refunds (Tentative)Feb 12, 2018
Credit of Share (Tentative)Feb 14, 2018
Listing date (Tentative)Nov 29, 2017Feb 15, 2018

Financials & KPIs

Ambition Mica FPO P/E ratio is , as compared to Lorenzini Apparels IPO P/E ratio of .

 Ambition Mica FPOLorenzini Apparels IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets61.8455.1143.4531.30
Total Income33.6351.5449.3238.18
Profit After Tax0.841.991.791.74
NET Worth15.1814.3312.346.63
Reserves and Surplus3.262.418.363.73
Total Borrowing13.1012.8410.289.54
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets14.9313.955.135.57
Total Income6.6316.4512.1114.16
Profit After Tax0.280.15-0.030.06
NET Worth6.183.040.420.46
Reserves and Surplus0.520.760.410.45
Total Borrowing2.342.341.822.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.97%99.99%
Promoter Shareholding (Post-Issue)58.30%55.91%
Market Cap₹16.69 Cr.₹10.14 Cr.

Shares Offered

In the Ambition Mica FPO Retail Individual Investors (RII) are offered 14,22,000 shares while in Lorenzini Apparels IPO retail investors are offered 14,22,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ambition Mica FPO and 0 shares in Lorenzini Apparels IPO.

 Ambition Mica FPOLorenzini Apparels IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares2,30,000 shares
QIB0 shares0 shares
NII14,22,000 shares21,20,000 shares
RII14,22,000 shares21,20,000 shares
Employee0 shares0 shares
Total28,44,000 shares42,40,000 shares

Bids Received (Subscription)

Ambition Mica FPO subscribed in total, whereas Lorenzini Apparels IPO subscribed 1.70x.

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Ambition Mica FPO Vs Lorenzini Apparels IPO