Ashok Masala Mart IPO vs Lexus Granito IPO

Comparison between Ashok Masala Mart IPO and Lexus Granito IPO.

IPO Details

Ashok Masala Mart IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Lexus Granito IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ashok Masala Mart IPO is up to ₹1.90 Cr whereas the issue size of the Lexus Granito IPO is up to ₹24.57 Cr. The final issue price of Ashok Masala Mart IPO is ₹10.00 per share and of Lexus Granito IPO is ₹45.00 per share.

 Ashok Masala Mart IPOLexus Granito IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹41.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹10.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares3000 shares
Fresh Issue Size19,00,000 shares54,60,000 shares
Fresh Issue Size (Amount)up to ₹1.90 Crup to ₹24.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,00,000 shares54,60,000 shares
Issue Size Total (Amount)up to ₹1.90 Crup to ₹24.57 Cr

IPO Timetable

Ashok Masala Mart IPO opens on Aug 07, 2017, while Lexus Granito IPO opens on Aug 09, 2017. The closing date of Ashok Masala Mart IPO and Lexus Granito IPO is Aug 11, 2017, and Aug 11, 2017, respectively.

 Ashok Masala Mart IPOLexus Granito IPO
Issue OpenAug 07, 2017Aug 09, 2017
Issue CloseAug 11, 2017Aug 11, 2017
Basis Of Allotment (Tentative)Aug 18, 2017Aug 18, 2017
Listing date (Tentative)Aug 22, 2017Aug 23, 2017

Financials & KPIs

Ashok Masala Mart IPO P/E ratio is , as compared to Lexus Granito IPO P/E ratio of .

 Ashok Masala Mart IPOLexus Granito IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets4.712.463.47
Total Income8.392.883.78
Profit After Tax0.120.030.03
NET Worth3.421.511.47
Reserves and Surplus0.960.230.20
Total Borrowing0.780.411.64
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets164.3997.9859.11
Total Income164.73102.2780.90
Profit After Tax5.093.202.03
NET Worth33.8421.4515.34
Reserves and Surplus20.4111.488.36
Total Borrowing73.1648.6725.86
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)79.37%100%
Promoter Shareholding (Post-Issue)48.45%69.99%
Market Cap₹5.16 Cr.₹86.36 Cr.

Shares Offered

In the Ashok Masala Mart IPO Retail Individual Investors (RII) are offered 9,50,000 shares while in Lexus Granito IPO retail investors are offered 9,50,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ashok Masala Mart IPO and 16,38,000 shares in Lexus Granito IPO.

 Ashok Masala Mart IPOLexus Granito IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,10,000 shares3,00,000 shares
QIB0 shares16,38,000 shares
NII9,50,000 shares19,11,000 shares
RII9,50,000 shares19,11,000 shares
Employee0 shares0 shares
Total19,00,000 shares54,60,000 shares

Bids Received (Subscription)

Ashok Masala Mart IPO subscribed 11.55x in total, whereas Lexus Granito IPO subscribed 37.41x.

 Ashok Masala Mart IPOLexus Granito IPO
QIB (times)3.22x
NII (times)1.45x65.12x
RII (times)21.64x39.01x
Total (times)11.55x37.41x

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Ashok Masala Mart IPO Vs Lexus Granito IPO