Comparison between Indong Tea IPO and Lead Reclaim IPO.
IPO Details
Indong Tea 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 Indong Tea IPO is up to ₹12.36 Cr whereas the issue size of the Lead Reclaim IPO is up to ₹4.62 Cr. The final issue price of Indong Tea IPO is ₹26.00 per share and of Lead Reclaim IPO is ₹25.00 per share.
IPO Timetable
Indong Tea IPO opens on Feb 09, 2023, while Lead Reclaim IPO opens on Feb 09, 2023. The closing date of Indong Tea IPO and Lead Reclaim IPO is Feb 13, 2023, and Feb 13, 2023, respectively.
| | Indong Tea IPO | Lead Reclaim IPO |
|---|
| Issue Open | Feb 09, 2023 | Feb 09, 2023 |
| Issue Close | Feb 13, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 16, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 17, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 20, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 21, 2023 | Feb 21, 2023 |
Financials & KPIs
Indong Tea IPO P/E ratio is 9.52, as compared to Lead Reclaim IPO P/E ratio of 25.77.
Shares Offered
In the Indong Tea IPO Retail Individual Investors (RII) are offered 23,76,000 shares while in Lead Reclaim IPO retail investors are offered 23,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Indong Tea IPO and in Lead Reclaim IPO.
| | Indong Tea IPO | Lead Reclaim IPO |
|---|
| Market Maker Reservation | 5,04,000 shares | 1,02,000 shares |
| NII | 23,76,000 shares | 9,24,000 shares |
| RII | 23,76,000 shares | 9,24,000 shares |
| Total | 47,52,000 shares | 18,48,000 shares |
Bids Received (Subscription)
Indong Tea IPO subscribed 4.97x in total, whereas Lead Reclaim IPO subscribed 75.98x.
