Euro India Fresh Foods IPO vs Laxmi Cotspin IPO

Comparison between Euro India Fresh Foods IPO and Laxmi Cotspin IPO.

IPO Details

Euro India Fresh Foods IPO is a SME Fixed Price IPO proposed to list at NSE 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 Euro India Fresh Foods IPO is up to ₹48.63 Cr whereas the issue size of the Laxmi Cotspin IPO is up to ₹9.12 Cr. The final issue price of Euro India Fresh Foods IPO is ₹78.00 per share and of Laxmi Cotspin IPO is ₹20.00 per share.

 Euro India Fresh Foods IPOLaxmi Cotspin IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹78.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares6000 shares
Fresh Issue Size44,64,000 shares0 shares
Fresh Issue Size (Amount)up to ₹34.82 Crup to ₹0.00 Cr
OFS Issue Size17,71,200 shares45,60,000 shares
OFS Issue Size (Amount)up to ₹13.82 Crup to ₹9.12 Cr
Issue Size Total62,35,200 shares45,60,000 shares
Issue Size Total (Amount)up to ₹48.63 Crup to ₹9.12 Cr

IPO Timetable

Euro India Fresh Foods IPO opens on Mar 21, 2017, while Laxmi Cotspin IPO opens on Mar 17, 2017. The closing date of Euro India Fresh Foods IPO and Laxmi Cotspin IPO is Mar 24, 2017, and Mar 22, 2017, respectively.

 Euro India Fresh Foods IPOLaxmi Cotspin IPO
Issue OpenMar 21, 2017Mar 17, 2017
Issue CloseMar 24, 2017Mar 22, 2017
Basis Of Allotment (Tentative)Mar 29, 2017Mar 28, 2017
Listing date (Tentative)Mar 31, 2017Mar 31, 2017

Financials & KPIs

Euro India Fresh Foods IPO P/E ratio is , as compared to Laxmi Cotspin IPO P/E ratio of .

 Euro India Fresh Foods IPOLaxmi Cotspin IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets75.8677.5972.1160.47
Total Income22.8947.5642.8947.87
Profit After Tax-0.71-0.050.410.26
NET Worth19.8820.5910.6410.23
Reserves and Surplus-0.120.590.640.23
Total Borrowing41.4338.5244.8234.02
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%55.48%
Promoter Shareholding (Post-Issue)73.50%55.48%
Market Cap₹193.44 Cr.₹34.30 Cr.

Shares Offered

In the Euro India Fresh Foods IPO Retail Individual Investors (RII) are offered 31,18,400 shares while in Laxmi Cotspin IPO retail investors are offered 31,18,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Euro India Fresh Foods IPO and 0 shares in Laxmi Cotspin IPO.

 Euro India Fresh Foods IPOLaxmi Cotspin IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,36,000 shares2,40,000 shares
QIB0 shares0 shares
NII31,16,800 shares22,80,000 shares
RII31,18,400 shares22,80,000 shares
Employee0 shares0 shares
Total62,35,200 shares45,60,000 shares

Bids Received (Subscription)

Euro India Fresh Foods IPO subscribed 1.11x in total, whereas Laxmi Cotspin IPO subscribed 6.31x.

 Euro India Fresh Foods IPOLaxmi Cotspin IPO
NII (times)2.12x2.95x
RII (times)0.10x9.66x
Total (times)1.11x6.31x

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Euro India Fresh Foods IPO Vs Laxmi Cotspin IPO