Comparison between Danish Power IPO and Lakshya Powertech IPO.
Danish Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Lakshya Powertech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Danish Power IPO | Lakshya Powertech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Danish Power IPO is up to ₹188.00 Cr whereas the issue size of the Lakshya Powertech IPO is up to ₹47.14 Cr. The final issue price of Danish Power IPO is ₹380.00 per share and of Lakshya Powertech IPO is ₹180.00 per share.
| Danish Power IPO | Lakshya Powertech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹360.00 per share | ₹171.00 per share |
| Issue Price (Upper) | ₹380.00 per share | ₹180.00 per share |
| Issue Price (Final) | ₹380.00 per share | ₹180.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹15.00 per share |
| Market Lot Size | 300 shares | 800 shares |
| Fresh Issue Size | 49,47,300 shares | 26,24,800 shares |
| Fresh Issue Size (Amount) | up to ₹188.00 Cr | up to ₹47.14 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 | 49,47,300 shares | 26,24,800 shares |
| Issue Size Total (Amount) | up to ₹188.00 Cr | up to ₹47.14 Cr |
Danish Power IPO opens on Oct 22, 2024, while Lakshya Powertech IPO opens on Oct 16, 2024. The closing date of Danish Power IPO and Lakshya Powertech IPO is Oct 24, 2024, and Oct 18, 2024, respectively.
| Danish Power IPO | Lakshya Powertech IPO | |
|---|---|---|
| Anchor Bid Date | Oct 21, 2024 | Oct 15, 2024 |
| Issue Open | Oct 22, 2024 | Oct 16, 2024 |
| Issue Close | Oct 24, 2024 | Oct 18, 2024 |
| Basis Of Allotment (Tentative) | Oct 25, 2024 | Oct 21, 2024 |
| Initiation of Refunds (Tentative) | Oct 28, 2024 | Oct 22, 2024 |
| Credit of Share (Tentative) | Oct 28, 2024 | Oct 22, 2024 |
| Listing date (Tentative) | Oct 29, 2024 | Oct 23, 2024 |
| Anchor Lockin End date 1 | Nov 24, 2024 | Nov 19, 2024 |
| Anchor Lockin End date 2 | Jan 23, 2025 | Jan 18, 2025 |
Danish Power IPO P/E ratio is 14.46, as compared to Lakshya Powertech IPO P/E ratio of 8.39.
| Danish Power IPO | Lakshya Powertech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Danish Power Limited Financial Information (Restated Consolidated)
| Lakshya Powertech Limited Financial Information (Restated)Lakshya Powertech Limited's revenue increased by 181% and profit after tax (PAT) rose by 478% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 96.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.46 | 8.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹748.28 Cr. | ₹181.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 11.94% | 16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.30% | 13.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 0.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹26.29 | ₹21.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.85 | 15.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Danish Power IPO Retail Individual Investors (RII) are offered 17,09,400 shares while in Lakshya Powertech IPO retail investors are offered 17,09,400 shares. Qualified Institutional Buyers (QIB) are offered 9,76,500 shares in Danish Power IPO and 5,16,800 shares in Lakshya Powertech IPO.
| Danish Power IPO | Lakshya Powertech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,64,000 shares | 7,44,000 shares |
| Market Maker Reserveration | 2,60,700 shares | 1,48,000 shares |
| QIB | 9,76,500 shares | 5,16,800 shares |
| NII | 7,32,900 shares | 3,96,000 shares |
| RII | 17,09,400 shares | 8,96,000 shares |
| Employee | 64,500 shares | 72,000 shares |
| Others | ||
| Total | 49,47,300 shares | 26,24,800 shares |
Danish Power IPO subscribed 126.65x in total, whereas Lakshya Powertech IPO subscribed 573.36x.
| Danish Power IPO | Lakshya Powertech IPO | |
|---|---|---|
| QIB (times) | 104.79x | 212.18x |
| NII (times) | 275.92x | 1,117.75x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 79.88x | 590.26x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 126.65x | 573.36x |
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