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Akshar Spintex IPO vs Dr Lalchandani Labs IPO

Comparison between Akshar Spintex IPO and Dr Lalchandani Labs IPO.

IPO Details

Akshar Spintex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Dr Lalchandani Labs IPO is a SME Fixed Price proposed to list at BSE SME.

 Akshar Spintex IPODr Lalchandani Labs IPO
LogoAkshar Spintex IPO LogoDr Lalchandani Labs IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Navigant Corporate Advisors Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the Dr Lalchandani Labs IPO is up to ₹3.98 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Dr Lalchandani Labs IPO is ₹30.00 per share.

 Akshar Spintex IPODr Lalchandani Labs IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size6,54,000 shares13,28,000 shares
Fresh Issue Size (Amount)up to ₹2.62 Crup to ₹3.98 Cr
OFS Issue Size57,48,000 shares0 shares
OFS Issue Size (Amount)up to ₹22.99 Crup to ₹0.00 Cr
Issue Size Total64,02,000 shares13,28,000 shares
Issue Size Total (Amount)up to ₹25.61 Crup to ₹3.98 Cr

IPO Timetable

Akshar Spintex IPO opens on Apr 27, 2018, while Dr Lalchandani Labs IPO opens on Apr 25, 2018. The closing date of Akshar Spintex IPO and Dr Lalchandani Labs IPO is May 03, 2018, and Apr 27, 2018, respectively.

 Akshar Spintex IPODr Lalchandani Labs IPO
Issue OpenApr 27, 2018Apr 25, 2018
Issue CloseMay 03, 2018Apr 27, 2018
Basis Of Allotment (Tentative)May 08, 2018
Listing date (Tentative)May 11, 2018May 09, 2018

Financials & KPIs

Akshar Spintex IPO P/E ratio is , as compared to Dr Lalchandani Labs IPO P/E ratio of .

 Akshar Spintex IPODr Lalchandani Labs IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets91.9882.1974.8870.30
Total Income55.6090.3959.8415.62
Profit After Tax2.795.392.67-0.51
NET Worth34.3331.5426.1619.50
Reserves and Surplus10.337.542.16-0.51
Total Borrowing35.5036.1938.3541.40
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 201831 Mar 201731 Mar 201631 Mar 2015
Assets6.033.763.661.87
Total Income2.054.623.031.93
Profit After Tax0.240.710.320.32
NET Worth3.270.920.870.40
Reserves and Surplus0.37
Total Borrowing1.511.771.550.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)63.23%89.80%
Promoter Shareholding (Post-Issue)46.06%60.78%
Market Cap₹100.00 Cr.₹13.00 Cr.

Shares Offered

In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in Dr Lalchandani Labs IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Akshar Spintex IPO and 0 shares in Dr Lalchandani Labs IPO.

 Akshar Spintex IPODr Lalchandani Labs IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,45,000 shares72,000 shares
QIB0 shares0 shares
NII32,01,000 shares6,64,000 shares
RII32,01,000 shares6,64,000 shares
Employee0 shares0 shares
Total64,02,000 shares13,28,000 shares

Bids Received (Subscription)

Akshar Spintex IPO subscribed 5.48x in total, whereas Dr Lalchandani Labs IPO subscribed 4.63x.

 Akshar Spintex IPODr Lalchandani Labs IPO
NII (times)1.71x3.13x
RII (times)9.24x6.13x
Total (times)5.48x4.63x

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Akshar Spintex IPODr Lalchandani Labs IPO
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Compare:

Akshar Spintex IPO Vs Dr Lalchandani Labs IPO