Comparison between Jajoo Rashmi Refractories IPO and Laxmi India Finance IPO.
Jajoo Rashmi Refractories IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Laxmi India Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Jajoo Rashmi Refractories IPO is up to ₹150.00 Cr whereas the issue size of the Laxmi India Finance IPO is up to ₹254.26 Cr. The final issue price of Jajoo Rashmi Refractories IPO is and of Laxmi India Finance IPO is ₹158.00 per share.
| Jajoo Rashmi Refractories IPO | Laxmi India Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹150.00 per share | |
| Issue Price (Upper) | ₹158.00 per share | |
| Issue Price (Final) | ₹158.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 94 shares | |
| Fresh Issue Size | 0 shares | 1,04,53,575 shares |
| Fresh Issue Size (Amount) | up to ₹150.00 Cr | up to ₹165.17 Cr |
| OFS Issue Size | 0 shares | 56,38,620 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹89.09 Cr |
| Issue Size Total | 0 shares | 1,60,92,195 shares |
| Issue Size Total (Amount) | up to ₹150.00 Cr | up to ₹254.26 Cr |
Jajoo Rashmi Refractories IPO opens on , while Laxmi India Finance IPO opens on Jul 29, 2025. The closing date of Jajoo Rashmi Refractories IPO and Laxmi India Finance IPO is , and Jul 31, 2025, respectively.
| Jajoo Rashmi Refractories IPO | Laxmi India Finance IPO | |
|---|---|---|
| Anchor Bid Date | Jul 28, 2025 | |
| Issue Open | Jul 29, 2025 | |
| Issue Close | Jul 31, 2025 | |
| Basis Of Allotment (Tentative) | Aug 01, 2025 | |
| Initiation of Refunds (Tentative) | Aug 04, 2025 | |
| Credit of Share (Tentative) | Aug 04, 2025 | |
| Listing date (Tentative) | Aug 05, 2025 | |
| Anchor Lockin End date 1 | Aug 30, 2025 | |
| Anchor Lockin End date 2 | Oct 29, 2025 |
Jajoo Rashmi Refractories IPO P/E ratio is , as compared to Laxmi India Finance IPO P/E ratio of 18.35.
| Jajoo Rashmi Refractories IPO | Laxmi India Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Laxmi India Finance Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 60% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 98.74 | 89.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹825.83 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.42% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.55% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 4.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.42% | 13.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Jajoo Rashmi Refractories IPO Retail Individual Investors (RII) are offered while in Laxmi India Finance IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Jajoo Rashmi Refractories IPO and 31,86,253 shares in Laxmi India Finance IPO.
| Jajoo Rashmi Refractories IPO | Laxmi India Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 47,79,379 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 31,86,253 shares | |
| NII | 23,89,691 shares | |
| RII | 55,75,944 shares | |
| Employee | 1,60,928 shares | |
| Others | ||
| Total | 1,60,92,195 shares |
Jajoo Rashmi Refractories IPO subscribed in total, whereas Laxmi India Finance IPO subscribed 1.86x.
| Jajoo Rashmi Refractories IPO | Laxmi India Finance IPO | |
|---|---|---|
| QIB (times) | 1.30x | |
| NII (times) | 1.83x | |
| Big NII (times) | 1.82x | |
| Small NII (times) | 1.87x | |
| RII (times) | 2.20x | |
| Employee (times) | 1.54x | |
| Other (times) | ||
| Total (times) | 1.86x |
