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Lagnam Spintex IPO vs Synergy Green Industries IPO

Comparison between Lagnam Spintex IPO and Synergy Green Industries IPO.

IPO Details

Lagnam Spintex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Lagnam Spintex IPOSynergy Green Industries IPO
LogoLagnam Spintex IPO LogoSynergy Green Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHolani Consultants Pvt.Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerMaverick Share Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Lagnam Spintex IPO is up to ₹23.37 Cr whereas the issue size of the Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Lagnam Spintex IPO is ₹41.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.

 Lagnam Spintex IPOSynergy Green Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹41.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size57,00,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹23.37 Crup to ₹25.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total57,00,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹23.37 Crup to ₹25.12 Cr

IPO Timetable

Lagnam Spintex IPO opens on Sep 04, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Lagnam Spintex IPO and Synergy Green Industries IPO is Sep 07, 2018, and Sep 11, 2018, respectively.

 Lagnam Spintex IPOSynergy Green Industries IPO
Anchor Bid Date
Issue OpenSep 04, 2018Sep 04, 2018
Issue CloseSep 07, 2018Sep 11, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Sep 18, 2018Sep 21, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Lagnam Spintex IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .

 Lagnam Spintex IPOSynergy Green Industries IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 3,002.19 2,228.77 1,887.35 1,554.24 1,281.09
Total Revenue 8,454.47 7,358.43 5,656.41 4,983.41 4,205.99
Profit After Tax 468.49 367.09 208.50 157.82 144.71
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 10,726.23 9,178.72 8,253.32 6,885.80 6,514.79 5,959.28
Total Revenue 6,640.60 12,067.19 8,259.66 6,384.93 3,723.83 954.44
Profit After Tax 214.81 485.96 155.21 (685.06) (901.51) (905.28)
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Lagnam Spintex IPO Retail Individual Investors (RII) are offered 28,50,000 shares while in Synergy Green Industries IPO retail investors are offered 28,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Lagnam Spintex IPO and in Synergy Green Industries IPO.

 Lagnam Spintex IPOSynergy Green Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration3,00,000 shares1,92,000 shares
QIB
NII28,50,000 shares17,94,000 shares
RII28,50,000 shares17,94,000 shares
Employee
Others
Total57,00,000 shares35,88,000 shares

Bids Received (Subscription)

Lagnam Spintex IPO subscribed 4.97x in total, whereas Synergy Green Industries IPO subscribed 1.13x.

 Lagnam Spintex IPOSynergy Green Industries IPO
QIB (times)
NII (times)3.86x1.00x
Big NII (times)
Small NII (times)
RII (times)5.65x0.36x
Employee (times)
Other (times)
Total (times)4.97x1.13x