Add-Shop Promotions IPO vs Lagnam Spintex IPO

Comparison between Add-Shop Promotions IPO and Lagnam Spintex IPO.

IPO Details

Add-Shop Promotions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Lagnam Spintex IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Add-Shop Promotions IPO is up to ₹5.89 Cr whereas the issue size of the Lagnam Spintex IPO is up to ₹23.37 Cr. The final issue price of Add-Shop Promotions IPO is ₹26.00 per share and of Lagnam Spintex IPO is ₹41.00 per share.

 Add-Shop Promotions IPOLagnam Spintex IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹26.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size22,64,000 shares57,00,000 shares
Fresh Issue Size (Amount)up to ₹5.89 Crup to ₹23.37 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,64,000 shares57,00,000 shares
Issue Size Total (Amount)up to ₹5.89 Crup to ₹23.37 Cr

IPO Timetable

Add-Shop Promotions IPO opens on Aug 21, 2018, while Lagnam Spintex IPO opens on Sep 04, 2018. The closing date of Add-Shop Promotions IPO and Lagnam Spintex IPO is Aug 30, 2018, and Sep 07, 2018, respectively.

 Add-Shop Promotions IPOLagnam Spintex IPO
Issue OpenAug 21, 2018Sep 04, 2018
Issue CloseAug 30, 2018Sep 07, 2018
Basis Of Allotment (Tentative)Sep 05, 2018Sep 12, 2018
Initiation of Refunds (Tentative)Sep 06, 2018
Credit of Share (Tentative)Sep 07, 2018
Listing date (Tentative)Sep 10, 2018Sep 18, 2018

Financials & KPIs

Add-Shop Promotions IPO P/E ratio is , as compared to Lagnam Spintex IPO P/E ratio of .

 Add-Shop Promotions IPOLagnam Spintex IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets8.077.580.840.42
Total Income3.8412.564.591.93
Profit After Tax0.160.230.15-0.00
NET Worth4.490.380.150.01
Reserves and Surplus0.410.240.140.00
Total Borrowing3.332.040.300.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets83.7171.8870.53
Total Income84.5475.3856.56
Profit After Tax4.683.672.09
NET Worth26.4420.7517.08
Reserves and Surplus14.7818.4814.81
Total Borrowing44.8342.2647.73
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.91%
Promoter Shareholding (Post-Issue)62.99%65.97%
Market Cap₹16.83 Cr.₹72.44 Cr.

Shares Offered

In the Add-Shop Promotions IPO Retail Individual Investors (RII) are offered 11,32,000 shares while in Lagnam Spintex IPO retail investors are offered 11,32,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Add-Shop Promotions IPO and 0 shares in Lagnam Spintex IPO.

 Add-Shop Promotions IPOLagnam Spintex IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,32,000 shares3,00,000 shares
QIB0 shares0 shares
NII11,32,000 shares28,50,000 shares
RII11,32,000 shares28,50,000 shares
Employee0 shares0 shares
Total22,64,000 shares57,00,000 shares

Bids Received (Subscription)

Add-Shop Promotions IPO subscribed 1.31x in total, whereas Lagnam Spintex IPO subscribed 4.75x.

 Add-Shop Promotions IPOLagnam Spintex IPO
NII (times)1.64x3.86x
RII (times)0.98x5.65x
Total (times)1.31x4.75x

Compare with others

Compare:

Add-Shop Promotions IPO Vs Lagnam Spintex IPO