Ksolves India IPO vs Laxmi Goldorna House IPO

Comparison between Ksolves India IPO and Laxmi Goldorna House IPO.

IPO Details

Ksolves India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Laxmi Goldorna House IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ksolves India IPO is up to ₹3.82 Cr whereas the issue size of the Laxmi Goldorna House IPO is up to ₹7.85 Cr. The final issue price of Ksolves India IPO is ₹100.00 per share and of Laxmi Goldorna House IPO is ₹15.00 per share.

 Ksolves India IPOLaxmi Goldorna House IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹100.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares8000 shares
Fresh Issue Size3,81,600 shares52,32,000 shares
Fresh Issue Size (Amount)up to ₹3.82 Crup to ₹7.85 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,81,600 shares52,32,000 shares
Issue Size Total (Amount)up to ₹3.82 Crup to ₹7.85 Cr

IPO Timetable

Ksolves India IPO opens on Jun 23, 2020, while Laxmi Goldorna House IPO opens on Mar 20, 2020. The closing date of Ksolves India IPO and Laxmi Goldorna House IPO is Jun 26, 2020, and Apr 03, 2020, respectively.

 Ksolves India IPOLaxmi Goldorna House IPO
Issue OpenJun 23, 2020Mar 20, 2020
Issue CloseJun 26, 2020Apr 03, 2020
Basis Of Allotment (Tentative)Jul 01, 2020
Listing date (Tentative)Jul 06, 2020Apr 16, 2020

Financials & KPIs

Ksolves India IPO P/E ratio is , as compared to Laxmi Goldorna House IPO P/E ratio of 39.

 Ksolves India IPOLaxmi Goldorna House IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets1.660.690.53
Total Income8.155.433.41
Profit After Tax0.670.160.06
EBITDA1.070.300.14
NET Worth0.870.200.22
Reserves and Surplus0.850.180.21
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets42.9439.4438.7910.29
Total Income38.7873.4569.7752.43
Profit After Tax0.400.670.440.58
EBITDA1.442.751.601.43
NET Worth23.2222.8122.154.40
Reserves and Surplus7.867.466.793.74
Total Borrowing17.7815.2615.535.38
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.33%100%
Promoter Shareholding (Post-Issue)68.02%73.54%
P/E Ratio39
Market Cap₹14.82 Cr.₹31.31 Cr.

Shares Offered

In the Ksolves India IPO Retail Individual Investors (RII) are offered 1,90,800 shares while in Laxmi Goldorna House IPO retail investors are offered 1,90,800 shares. Qualified Institutional Buyers (QIB) are offered in Ksolves India IPO and in Laxmi Goldorna House IPO.

 Ksolves India IPOLaxmi Goldorna House IPO
Market Maker Reservation20,400 shares2,88,000 shares
NII1,90,800 shares26,16,000 shares
RII1,90,800 shares26,16,000 shares
Total3,81,600 shares52,32,000 shares

Bids Received (Subscription)

Ksolves India IPO subscribed 1.42x in total, whereas Laxmi Goldorna House IPO subscribed 1.21x.

 Ksolves India IPOLaxmi Goldorna House IPO
NII (times)2.22x2.22x
RII (times)0.62x0.20x
Total (times)1.42x1.21x

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Ksolves India IPO Vs Laxmi Goldorna House IPO