Carraro India IPO vs Laxmi Dental IPO

Comparison between Carraro India IPO and Laxmi Dental IPO.

IPO Details

Carraro India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Laxmi Dental IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Carraro India IPO is up to ₹1,250.00 Cr whereas the issue size of the Laxmi Dental IPO is up to ₹698.06 Cr. The final issue price of Carraro India IPO is ₹704.00 per share and of Laxmi Dental IPO is ₹428.00 per share.

 Carraro India IPOLaxmi Dental IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹668.00 per share₹407.00 per share
Issue Price (Upper)₹704.00 per share₹428.00 per share
Issue Price (Final)₹704.00 per share₹428.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size21 shares33 shares
Fresh Issue Size0 shares32,24,299 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹138.00 Cr
OFS Issue Size1,77,55,681 shares1,30,85,467 shares
OFS Issue Size (Amount)up to ₹1,250.00 Crup to ₹560.06 Cr
Issue Size Total1,77,55,681 shares1,63,09,766 shares
Issue Size Total (Amount)up to ₹1,250.00 Crup to ₹698.06 Cr

IPO Timetable

Carraro India IPO opens on Dec 20, 2024, while Laxmi Dental IPO opens on Jan 13, 2025. The closing date of Carraro India IPO and Laxmi Dental IPO is Dec 24, 2024, and Jan 15, 2025, respectively.

 Carraro India IPOLaxmi Dental IPO
Anchor Bid DateDec 19, 2024Jan 10, 2025
Issue OpenDec 20, 2024Jan 13, 2025
Issue CloseDec 24, 2024Jan 15, 2025
Basis Of Allotment (Tentative)Dec 26, 2024Jan 16, 2025
Initiation of Refunds (Tentative)Dec 27, 2024Jan 17, 2025
Credit of Share (Tentative)Dec 27, 2024Jan 17, 2025
Listing date (Tentative)Dec 30, 2024Jan 20, 2025
Anchor Lockin End date 1Jan 24, 2025Feb 14, 2025
Anchor Lockin End date 2Mar 25, 2025Apr 15, 2025

Financials & KPIs

Carraro India IPO P/E ratio is 63.97, as compared to Laxmi Dental IPO P/E ratio of 87.77.

 Carraro India IPOLaxmi Dental IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,093.411,072.891,072.391,012.44
Total Income922.741,806.551,733.301,520.05
Profit After Tax49.7362.5648.4622.43
NET Worth419.44369.82337.38292.49
Total Borrowing195.78212.55188.33178.14
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets158.22134.5296.54102.75
Total Income117.90195.26163.84138.07
Profit After Tax22.7425.23-4.16-18.68
NET Worth67.0944.5719.4822.94
Total Borrowing40.9142.0331.4429.63
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10046.56
Promoter Shareholding (Post-Issue)68.7741.7
P/E Ratio63.9787.77
Market Cap₹4002.35 Cr.₹2352.38 Cr.
ROE17.69%78.78%
ROCE19.35%19.97%
Debt/Equity0.580.94
EPS₹11.00₹4.88
RoNW16.92%78.78%

Shares Offered

In the Carraro India IPO Retail Individual Investors (RII) are offered 62,14,489 shares while in Laxmi Dental IPO retail investors are offered 62,14,489 shares. Qualified Institutional Buyers (QIB) are offered 35,51,136 shares in Carraro India IPO and 48,92,931 shares in Laxmi Dental IPO.

 Carraro India IPOLaxmi Dental IPO
Anchor Investor Reservation53,26,703 shares73,39,395 shares
Market Maker Reservation0 shares
QIB35,51,136 shares48,92,931 shares
NII26,63,353 shares24,46,464 shares
RII62,14,489 shares16,30,976 shares
Employee0 shares
Others
Total1,77,55,681 shares1,63,09,766 shares

Bids Received (Subscription)

Carraro India IPO subscribed 1.18x in total, whereas Laxmi Dental IPO subscribed 114.14x.

 Carraro India IPOLaxmi Dental IPO
QIB (times)2.33x110.38x
NII (times)0.63x147.69x
Big NII (times)0.45x167.68x
Small NII (times)1.01x107.70x
RII (times)0.75x75.10x
Employee (times)
Other (times)
Total (times)1.18x114.14x

Compare with others

Compare:

Carraro India IPO Vs Laxmi Dental IPO