Comparison between ICE Make Refrigeration IPO and Lorenzini Apparels IPO.
IPO Details
ICE Make Refrigeration IPO is a SME Fixed Price IPO proposed to list at NSE SME while Lorenzini Apparels IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of ICE Make Refrigeration IPO is up to ₹22.53 Cr whereas the issue size of the Lorenzini Apparels IPO is up to ₹4.24 Cr. The final issue price of ICE Make Refrigeration IPO is ₹57.00 per share and of Lorenzini Apparels IPO is ₹10.00 per share.
IPO Timetable
ICE Make Refrigeration IPO opens on Nov 28, 2017, while Lorenzini Apparels IPO opens on Jan 31, 2018. The closing date of ICE Make Refrigeration IPO and Lorenzini Apparels IPO is Nov 30, 2017, and Feb 06, 2018, respectively.
| | ICE Make Refrigeration IPO | Lorenzini Apparels IPO |
|---|
| Issue Open | Nov 28, 2017 | Jan 31, 2018 |
| Issue Close | Nov 30, 2017 | Feb 06, 2018 |
| Basis Of Allotment (Tentative) | Dec 06, 2017 | Feb 09, 2018 |
| Initiation of Refunds (Tentative) | | Feb 12, 2018 |
| Credit of Share (Tentative) | | Feb 14, 2018 |
| Listing date (Tentative) | Dec 08, 2017 | Feb 15, 2018 |
Financials & KPIs
ICE Make Refrigeration IPO P/E ratio is , as compared to Lorenzini Apparels IPO P/E ratio of .
Shares Offered
In the ICE Make Refrigeration IPO Retail Individual Investors (RII) are offered 19,76,000 shares while in Lorenzini Apparels IPO retail investors are offered 19,76,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in ICE Make Refrigeration IPO and 0 shares in Lorenzini Apparels IPO.
| | ICE Make Refrigeration IPO | Lorenzini Apparels IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,08,000 shares | 2,30,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 19,76,000 shares | 21,20,000 shares |
| RII | 19,76,000 shares | 21,20,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 39,52,000 shares | 42,40,000 shares |
Bids Received (Subscription)
ICE Make Refrigeration IPO subscribed 274.35x in total, whereas Lorenzini Apparels IPO subscribed 1.70x.