Freshara Agro Exports IPO vs Lakshya Powertech IPO

Comparison between Freshara Agro Exports IPO and Lakshya Powertech IPO.

IPO Details

Freshara Agro Exports 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.

Issue Size and Price

The total issue size of Freshara Agro Exports IPO is up to ₹68.21 Cr whereas the issue size of the Lakshya Powertech IPO is up to ₹47.14 Cr. The final issue price of Freshara Agro Exports IPO is ₹116.00 per share and of Lakshya Powertech IPO is ₹180.00 per share.

 Freshara Agro Exports IPOLakshya Powertech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹110.00 per share₹171.00 per share
Issue Price (Upper)₹116.00 per share₹180.00 per share
Issue Price (Final)₹116.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size1200 shares800 shares
Fresh Issue Size58,80,000 shares26,24,800 shares
Fresh Issue Size (Amount)up to ₹68.21 Crup to ₹47.14 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total58,80,000 shares26,24,800 shares
Issue Size Total (Amount)up to ₹68.21 Crup to ₹47.14 Cr

IPO Timetable

Freshara Agro Exports IPO opens on Oct 17, 2024, while Lakshya Powertech IPO opens on Oct 16, 2024. The closing date of Freshara Agro Exports IPO and Lakshya Powertech IPO is Oct 21, 2024, and Oct 18, 2024, respectively.

 Freshara Agro Exports IPOLakshya Powertech IPO
Anchor Bid DateOct 16, 2024Oct 15, 2024
Issue OpenOct 17, 2024Oct 16, 2024
Issue CloseOct 21, 2024Oct 18, 2024
Basis Of Allotment (Tentative)Oct 22, 2024Oct 21, 2024
Initiation of Refunds (Tentative)Oct 23, 2024Oct 22, 2024
Credit of Share (Tentative)Oct 23, 2024Oct 22, 2024
Listing date (Tentative)Oct 24, 2024Oct 23, 2024
Anchor Lockin End date 1Nov 21, 2024Nov 19, 2024
Anchor Lockin End date 2Jan 20, 2025Jan 18, 2025

Financials & KPIs

Freshara Agro Exports IPO P/E ratio is 9.04, as compared to Lakshya Powertech IPO P/E ratio of 8.39.

 Freshara Agro Exports IPOLakshya Powertech IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets166.00166.5884.9158.88
Total Income107.46198.20127.00118.41
Profit After Tax11.3821.829.080.97
NET Worth38.3526.9718.559.32
Reserves and Surplus21.359.97
Total Borrowing106.25107.5641.7434.79
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets94.1682.4633.3517.59
Total Income58.15149.4253.1134.21
Profit After Tax5.9715.682.711.05
NET Worth37.7131.746.613.90
Reserves and Surplus30.4024.436.513.80
Total Borrowing29.1729.0014.495.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.595.48
Promoter Shareholding (Post-Issue)62.5869.22
P/E Ratio9.048.39
Market Cap₹272.59 Cr.₹181.51 Cr.
ROE16
ROCE12.3113.41
Debt/Equity2.770.83
EPS₹12.84₹21.44
RoNW29.6715.84

Shares Offered

In the Freshara Agro Exports IPO Retail Individual Investors (RII) are offered 20,59,200 shares while in Lakshya Powertech IPO retail investors are offered 20,59,200 shares. Qualified Institutional Buyers (QIB) are offered 11,76,000 shares in Freshara Agro Exports IPO and 5,16,800 shares in Lakshya Powertech IPO.

 Freshara Agro Exports IPOLakshya Powertech IPO
Anchor Investor Reservation17,61,600 shares7,44,000 shares
Market Maker Reservation6,19,200 shares1,48,000 shares
QIB11,76,000 shares5,16,800 shares
NII8,83,200 shares3,96,000 shares
RII20,59,200 shares8,96,000 shares
Employee72,000 shares
Others
Total58,80,000 shares26,24,800 shares

Bids Received (Subscription)

Freshara Agro Exports IPO subscribed 165.86x in total, whereas Lakshya Powertech IPO subscribed 412.59x.

 Freshara Agro Exports IPOLakshya Powertech IPO
QIB (times)129.22x215.46x
NII (times)510.61x1,117.75x
Big NII (times)
Small NII (times)
RII (times)180.80x590.26x
Employee (times)0.00x
Other (times)
Total (times)165.86x412.59x

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