Bonlon Industries IPO vs Laxmi Goldorna House IPO

Comparison between Bonlon Industries IPO and Laxmi Goldorna House IPO.

IPO Details

Bonlon Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Laxmi Goldorna House IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Bonlon Industries IPO is up to ₹9.99 Cr whereas the issue size of the Laxmi Goldorna House IPO is up to ₹7.85 Cr. The final issue price of Bonlon Industries IPO is ₹28.00 per share and of Laxmi Goldorna House IPO is ₹15.00 per share.

 Bonlon Industries IPOLaxmi Goldorna House IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹28.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares8000 shares
Fresh Issue Size35,68,000 shares52,32,000 shares
Fresh Issue Size (Amount)up to ₹9.99 Crup to ₹7.85 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,68,000 shares52,32,000 shares
Issue Size Total (Amount)up to ₹9.99 Crup to ₹7.85 Cr

IPO Timetable

Bonlon Industries IPO opens on Jun 30, 2020, while Laxmi Goldorna House IPO opens on Mar 20, 2020. The closing date of Bonlon Industries IPO and Laxmi Goldorna House IPO is Jul 03, 2020, and Apr 03, 2020, respectively.

 Bonlon Industries IPOLaxmi Goldorna House IPO
Issue OpenJun 30, 2020Mar 20, 2020
Issue CloseJul 03, 2020Apr 03, 2020
Basis Of Allotment (Tentative)Jul 08, 2020
Listing date (Tentative)Jul 13, 2020Apr 16, 2020

Financials & KPIs

Bonlon Industries IPO P/E ratio is 7.39, as compared to Laxmi Goldorna House IPO P/E ratio of 39.

 Bonlon Industries IPOLaxmi Goldorna House IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets150.6463.0439.1347.82
Total Income186.99217.44243.13238.81
Profit After Tax13.882.820.28-1.23
NET Worth60.8546.9811.6011.32
Reserves and Surplus50.4336.558.608.32
Total Borrowing3.120.016.57
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets42.9439.4438.7910.29
Total Income38.7873.4569.7752.43
Profit After Tax0.400.670.440.58
EBITDA1.442.751.601.43
NET Worth23.2222.8122.154.40
Reserves and Surplus7.867.466.793.74
Total Borrowing17.7815.2615.535.38
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.61%100%
Promoter Shareholding (Post-Issue)67.35%73.54%
P/E Ratio7.3939
Market Cap₹39.71 Cr.₹31.31 Cr.

Shares Offered

In the Bonlon Industries IPO Retail Individual Investors (RII) are offered 17,84,000 shares while in Laxmi Goldorna House IPO retail investors are offered 17,84,000 shares. Qualified Institutional Buyers (QIB) are offered in Bonlon Industries IPO and in Laxmi Goldorna House IPO.

 Bonlon Industries IPOLaxmi Goldorna House IPO
Market Maker Reservation1,88,000 shares2,88,000 shares
NII17,84,000 shares26,16,000 shares
RII17,84,000 shares26,16,000 shares
Total35,68,000 shares52,32,000 shares

Bids Received (Subscription)

Bonlon Industries IPO subscribed 1.36x in total, whereas Laxmi Goldorna House IPO subscribed 1.21x.

 Bonlon Industries IPOLaxmi Goldorna House IPO
NII (times)2.51x2.22x
RII (times)0.21x0.20x
Total (times)1.36x1.21x

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Bonlon Industries IPO Vs Laxmi Goldorna House IPO