Comparison between Ahlada Engineers IPO and Lagnam Spintex IPO.
Ahlada Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Lagnam Spintex IPO is a SME Fixed Price proposed to list at NSE SME.
| Ahlada Engineers IPO | Lagnam Spintex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Saffron Capital Advisors Pvt.Ltd. | Holani Consultants Pvt.Ltd. BOI Merchant Bankers Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Saffron Equity Advisors Pvt.Ltd. | Maverick Share Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ahlada Engineers IPO is up to ₹48.51 Cr whereas the issue size of the Lagnam Spintex IPO is up to ₹23.37 Cr. The final issue price of Ahlada Engineers IPO is ₹150.00 per share and of Lagnam Spintex IPO is ₹41.00 per share.
| Ahlada Engineers IPO | Lagnam Spintex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹147.00 per share | |
| Issue Price (Upper) | ₹150.00 per share | |
| Issue Price (Final) | ₹150.00 per share | ₹41.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 32,34,000 shares | 57,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹48.51 Cr | up to ₹23.37 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 32,34,000 shares | 57,00,000 shares |
| Issue Size Total (Amount) | up to ₹48.51 Cr | up to ₹23.37 Cr |
Ahlada Engineers IPO opens on Sep 11, 2018, while Lagnam Spintex IPO opens on Sep 04, 2018. The closing date of Ahlada Engineers IPO and Lagnam Spintex IPO is Sep 18, 2018, and Sep 07, 2018, respectively.
| Ahlada Engineers IPO | Lagnam Spintex IPO | |
|---|---|---|
| Issue Open | Sep 11, 2018 | Sep 04, 2018 |
| Issue Close | Sep 18, 2018 | Sep 07, 2018 |
| Basis Of Allotment (Tentative) | Sep 24, 2018 | Sep 12, 2018 |
| Initiation of Refunds (Tentative) | Sep 25, 2018 | |
| Credit of Share (Tentative) | Sep 25, 2018 | |
| Listing date (Tentative) | Oct 27, 2018 | Sep 18, 2018 |
Ahlada Engineers IPO P/E ratio is , as compared to Lagnam Spintex IPO P/E ratio of .
| Ahlada Engineers IPO | Lagnam Spintex IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 68.38% | 99.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.36% | 65.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹193.82 Cr. | ₹72.44 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ahlada Engineers 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 12,94,000 shares in Ahlada Engineers IPO and 0 shares in Lagnam Spintex IPO.
| Ahlada Engineers IPO | Lagnam Spintex IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,71,000 shares | 3,00,000 shares |
| QIB | 12,94,000 shares | 0 shares |
| NII | 8,08,000 shares | 28,50,000 shares |
| RII | 11,32,000 shares | 28,50,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 32,34,000 shares | 57,00,000 shares |
Ahlada Engineers IPO subscribed 2.35x in total, whereas Lagnam Spintex IPO subscribed 4.75x.
| Ahlada Engineers IPO | Lagnam Spintex IPO | |
|---|---|---|
| QIB (times) | 1.44x | |
| NII (times) | 2.64x | 3.86x |
| RII (times) | 3.19x | 5.65x |
| Total (times) | 2.35x | 4.75x |
