Comparison between Earthstahl IPO and Lead Reclaim IPO.
IPO Details
Earthstahl IPO is a SME Fixed Price IPO proposed to list at BSE SME while Lead Reclaim IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Earthstahl IPO is up to ₹12.29 Cr whereas the issue size of the Lead Reclaim IPO is up to ₹4.62 Cr. The final issue price of Earthstahl IPO is ₹40.00 per share and of Lead Reclaim IPO is ₹25.00 per share.
IPO Timetable
Earthstahl IPO opens on Jan 27, 2023, while Lead Reclaim IPO opens on Feb 09, 2023. The closing date of Earthstahl IPO and Lead Reclaim IPO is Jan 31, 2023, and Feb 13, 2023, respectively.
| | Earthstahl IPO | Lead Reclaim IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | Jan 27, 2023 | Feb 09, 2023 |
| Issue Close | Jan 31, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 03, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 06, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 07, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 08, 2023 | Feb 21, 2023 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
Earthstahl IPO P/E ratio is 4.22, as compared to Lead Reclaim IPO P/E ratio of 25.77.
Shares Offered
In the Earthstahl IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Lead Reclaim IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered 9,18,000 shares in Earthstahl IPO and in Lead Reclaim IPO.
| | Earthstahl IPO | Lead Reclaim IPO |
|---|
| Anchor Investor Reservation | | |
| Market Maker Reservation | 1,68,000 shares | 1,02,000 shares |
| QIB | 9,18,000 shares | |
| NII | 10,77,000 shares | 9,24,000 shares |
| RII | 10,77,000 shares | 9,24,000 shares |
| Employee | | |
| Others | | |
| Total | 30,72,000 shares | 18,48,000 shares |
Bids Received (Subscription)
Earthstahl IPO subscribed 235.18x in total, whereas Lead Reclaim IPO subscribed 75.98x.
