Cospower Engineering IPO vs Laxmi Goldorna House IPO

Comparison between Cospower Engineering IPO and Laxmi Goldorna House IPO.

IPO Details

Cospower Engineering 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 Cospower Engineering IPO is up to ₹1.92 Cr whereas the issue size of the Laxmi Goldorna House IPO is up to ₹7.85 Cr. The final issue price of Cospower Engineering IPO is ₹51.00 per share and of Laxmi Goldorna House IPO is ₹15.00 per share.

 Cospower Engineering IPOLaxmi Goldorna House IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares8000 shares
Fresh Issue Size3,76,000 shares52,32,000 shares
Fresh Issue Size (Amount)up to ₹1.92 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 Total3,76,000 shares52,32,000 shares
Issue Size Total (Amount)up to ₹1.92 Crup to ₹7.85 Cr

IPO Timetable

Cospower Engineering IPO opens on Mar 17, 2020, while Laxmi Goldorna House IPO opens on Mar 20, 2020. The closing date of Cospower Engineering IPO and Laxmi Goldorna House IPO is Mar 19, 2020, and Apr 03, 2020, respectively.

 Cospower Engineering IPOLaxmi Goldorna House IPO
Issue OpenMar 17, 2020Mar 20, 2020
Issue CloseMar 19, 2020Apr 03, 2020
Listing date (Tentative)Mar 30, 2020Apr 16, 2020

Financials & KPIs

Cospower Engineering IPO P/E ratio is 23, as compared to Laxmi Goldorna House IPO P/E ratio of 39.

 Cospower Engineering IPOLaxmi Goldorna House IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets8.778.358.878.02
Total Income7.4913.038.619.57
Profit After Tax0.250.520.190.28
EBITDA0.631.040.640.88
NET Worth1.831.581.070.87
Reserves and Surplus0.831.430.920.72
Total Borrowing4.042.524.404.13
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)100%100%
Promoter Shareholding (Post-Issue)73.33%73.54%
P/E Ratio2339
Market Cap₹7.65 Cr.₹31.31 Cr.

Shares Offered

In the Cospower Engineering IPO Retail Individual Investors (RII) are offered 1,88,000 shares while in Laxmi Goldorna House IPO retail investors are offered 1,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Cospower Engineering IPO and in Laxmi Goldorna House IPO.

 Cospower Engineering IPOLaxmi Goldorna House IPO
Market Maker Reservation24,000 shares2,88,000 shares
NII1,88,000 shares26,16,000 shares
RII1,88,000 shares26,16,000 shares
Total3,76,000 shares52,32,000 shares

Bids Received (Subscription)

Cospower Engineering IPO subscribed 1.53x in total, whereas Laxmi Goldorna House IPO subscribed 1.21x.

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Cospower Engineering IPO Vs Laxmi Goldorna House IPO