Deep Polymers IPO vs Lagnam Spintex IPO

Comparison between Deep Polymers IPO and Lagnam Spintex IPO.

IPO Details

Deep Polymers 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 Deep Polymers IPO is up to ₹14.47 Cr whereas the issue size of the Lagnam Spintex IPO is up to ₹23.37 Cr. The final issue price of Deep Polymers IPO is ₹40.00 per share and of Lagnam Spintex IPO is ₹41.00 per share.

 Deep Polymers IPOLagnam Spintex IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size11,68,000 shares57,00,000 shares
Fresh Issue Size (Amount)up to ₹4.67 Crup to ₹23.37 Cr
OFS Issue Size24,50,000 shares0 shares
OFS Issue Size (Amount)up to ₹9.80 Crup to ₹0.00 Cr
Issue Size Total36,18,000 shares57,00,000 shares
Issue Size Total (Amount)up to ₹14.47 Crup to ₹23.37 Cr

IPO Timetable

Deep Polymers IPO opens on Aug 08, 2018, while Lagnam Spintex IPO opens on Sep 04, 2018. The closing date of Deep Polymers IPO and Lagnam Spintex IPO is Aug 13, 2018, and Sep 07, 2018, respectively.

 Deep Polymers IPOLagnam Spintex IPO
Issue OpenAug 08, 2018Sep 04, 2018
Issue CloseAug 13, 2018Sep 07, 2018
Basis Of Allotment (Tentative)Sep 12, 2018
Listing date (Tentative)Aug 23, 2018Sep 18, 2018

Financials & KPIs

Deep Polymers IPO P/E ratio is , as compared to Lagnam Spintex IPO P/E ratio of .

 Deep Polymers IPOLagnam Spintex IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets29.0430.0925.40
Total Income41.1042.7436.01
Profit After Tax2.151.28-0.35
NET Worth15.4813.3312.05
Reserves and Surplus4.9712.3811.10
Total Borrowing10.339.996.14
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)96.44%99.91%
Promoter Shareholding (Post-Issue)64.76%65.97%
Market Cap₹47.49 Cr.₹72.44 Cr.

Shares Offered

In the Deep Polymers IPO Retail Individual Investors (RII) are offered 18,09,000 shares while in Lagnam Spintex IPO retail investors are offered 18,09,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Deep Polymers IPO and 0 shares in Lagnam Spintex IPO.

 Deep Polymers IPOLagnam Spintex IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,92,000 shares3,00,000 shares
QIB0 shares0 shares
NII18,09,000 shares28,50,000 shares
RII18,09,000 shares28,50,000 shares
Employee0 shares0 shares
Total36,18,000 shares57,00,000 shares

Bids Received (Subscription)

Deep Polymers IPO subscribed 1.39x in total, whereas Lagnam Spintex IPO subscribed 4.75x.

 Deep Polymers IPOLagnam Spintex IPO
NII (times)2.30x3.86x
RII (times)0.48x5.65x
Total (times)1.39x4.75x

Compare with others

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Deep Polymers IPO Vs Lagnam Spintex IPO