Escorp Asset Management IPO vs Laxmi Cotspin IPO

Comparison between Escorp Asset Management IPO and Laxmi Cotspin IPO.

IPO Details

Escorp Asset Management IPO is a SME Fixed Price IPO proposed to list at BSE SME while Laxmi Cotspin IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Escorp Asset Management IPO is up to ₹3.07 Cr whereas the issue size of the Laxmi Cotspin IPO is up to ₹9.12 Cr. The final issue price of Escorp Asset Management IPO is ₹15.00 per share and of Laxmi Cotspin IPO is ₹20.00 per share.

 Escorp Asset Management IPOLaxmi Cotspin IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹15.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares6000 shares
Fresh Issue Size20,48,000 shares0 shares
Fresh Issue Size (Amount)up to ₹3.07 Crup to ₹0.00 Cr
OFS Issue Size0 shares45,60,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹9.12 Cr
Issue Size Total20,48,000 shares45,60,000 shares
Issue Size Total (Amount)up to ₹3.07 Crup to ₹9.12 Cr

IPO Timetable

Escorp Asset Management IPO opens on Mar 31, 2017, while Laxmi Cotspin IPO opens on Mar 17, 2017. The closing date of Escorp Asset Management IPO and Laxmi Cotspin IPO is Apr 06, 2017, and Mar 22, 2017, respectively.

 Escorp Asset Management IPOLaxmi Cotspin IPO
Issue OpenMar 31, 2017Mar 17, 2017
Issue CloseApr 06, 2017Mar 22, 2017
Basis Of Allotment (Tentative)Apr 11, 2017Mar 28, 2017
Listing date (Tentative)Apr 17, 2017Mar 31, 2017

Financials & KPIs

Escorp Asset Management IPO P/E ratio is , as compared to Laxmi Cotspin IPO P/E ratio of .

 Escorp Asset Management IPOLaxmi Cotspin IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets7.950.010.010.01
Total Income0.100.000.00
Profit After Tax0.030.000.00
NET Worth5.230.010.010.01
Reserves and Surplus0.720.000.000.00
Total Borrowing2.650.000.000.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets75.3075.5886.0182.08
Total Income52.69113.57106.77115.13
Profit After Tax1.933.222.263.79
NET Worth43.1541.1338.0136.75
Reserves and Surplus26.0023.9820.8719.61
Total Borrowing23.9724.4136.1629.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%55.48%
Promoter Shareholding (Post-Issue)67.62%55.48%
Market Cap₹10.01 Cr.₹34.30 Cr.

Shares Offered

In the Escorp Asset Management IPO Retail Individual Investors (RII) are offered 10,24,000 shares while in Laxmi Cotspin IPO retail investors are offered 10,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Escorp Asset Management IPO and 0 shares in Laxmi Cotspin IPO.

 Escorp Asset Management IPOLaxmi Cotspin IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,12,000 shares2,40,000 shares
QIB0 shares0 shares
NII10,24,000 shares22,80,000 shares
RII10,24,000 shares22,80,000 shares
Employee0 shares0 shares
Total20,48,000 shares45,60,000 shares

Bids Received (Subscription)

Escorp Asset Management IPO subscribed 2.46x in total, whereas Laxmi Cotspin IPO subscribed 6.31x.

 Escorp Asset Management IPOLaxmi Cotspin IPO
NII (times)0.00x2.95x
RII (times)0.00x9.66x
Total (times)2.46x6.31x

Compare with others

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Escorp Asset Management IPO Vs Laxmi Cotspin IPO