Lakshya Powertech IPO vs Shiv Texchem IPO

Comparison between Lakshya Powertech IPO and Shiv Texchem IPO.

IPO Details

Lakshya Powertech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shiv Texchem IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Lakshya Powertech IPO is up to ₹47.14 Cr whereas the issue size of the Shiv Texchem IPO is up to ₹96.28 Cr. The final issue price of Lakshya Powertech IPO is ₹180.00 per share and of Shiv Texchem IPO is ₹166.00 per share.

 Lakshya Powertech IPOShiv Texchem IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹171.00 per share₹158.00 per share
Issue Price (Upper)₹180.00 per share₹166.00 per share
Issue Price (Final)₹180.00 per share₹166.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size800 shares800 shares
Fresh Issue Size26,24,800 shares58,00,000 shares
Fresh Issue Size (Amount)up to ₹47.14 Crup to ₹96.28 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,24,800 shares58,00,000 shares
Issue Size Total (Amount)up to ₹47.14 Crup to ₹96.28 Cr

IPO Timetable

Lakshya Powertech IPO opens on Oct 16, 2024, while Shiv Texchem IPO opens on Oct 08, 2024. The closing date of Lakshya Powertech IPO and Shiv Texchem IPO is Oct 18, 2024, and Oct 10, 2024, respectively.

 Lakshya Powertech IPOShiv Texchem IPO
Anchor Bid DateOct 15, 2024Oct 07, 2024
Issue OpenOct 16, 2024Oct 08, 2024
Issue CloseOct 18, 2024Oct 10, 2024
Basis Of Allotment (Tentative)Oct 21, 2024Oct 11, 2024
Initiation of Refunds (Tentative)Oct 22, 2024Oct 14, 2024
Credit of Share (Tentative)Oct 22, 2024Oct 14, 2024
Listing date (Tentative)Oct 23, 2024Oct 15, 2024
Anchor Lockin End date 1Nov 19, 2024Nov 10, 2024
Anchor Lockin End date 2Jan 18, 2025Jan 09, 2025

Financials & KPIs

Lakshya Powertech IPO P/E ratio is 8.39, as compared to Shiv Texchem IPO P/E ratio of 8.02.

 Lakshya Powertech IPOShiv Texchem IPO
Financials

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

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets854.83798.68602.35425.44
Total Income567.081,536.691,118.67865.47
Profit After Tax10.0630.1116.0313.86
NET Worth202.94192.88122.76106.74
Reserves and Surplus200.80190.74121.16105.14
Total Borrowing270.86296.65329.14120.34
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.48100
Promoter Shareholding (Post-Issue)69.2273.65
P/E Ratio8.398.02
Market Cap₹181.51 Cr.₹384.66 Cr.
ROE1619.08
ROCE13.4126.99
Debt/Equity0.831.54
EPS₹21.44₹165.42
RoNW15.8419.08

Shares Offered

In the Lakshya Powertech IPO Retail Individual Investors (RII) are offered 8,96,000 shares while in Shiv Texchem IPO retail investors are offered 8,96,000 shares. Qualified Institutional Buyers (QIB) are offered 5,16,800 shares in Lakshya Powertech IPO and 11,60,000 shares in Shiv Texchem IPO.

 Lakshya Powertech IPOShiv Texchem IPO
Anchor Investor Reservation7,44,000 shares17,39,200 shares
Market Maker Reservation1,48,000 shares3,05,600 shares
QIB5,16,800 shares11,60,000 shares
NII3,96,000 shares8,70,400 shares
RII8,96,000 shares20,30,400 shares
Employee72,000 shares
Others
Total26,24,800 shares58,00,000 shares

Bids Received (Subscription)

Lakshya Powertech IPO subscribed 412.59x in total, whereas Shiv Texchem IPO subscribed 109.61x.

 Lakshya Powertech IPOShiv Texchem IPO
QIB (times)215.46x86.70x
NII (times)1,117.75x455.58x
Big NII (times)
Small NII (times)
RII (times)590.26x68.27x
Employee (times)0.00x
Other (times)
Total (times)412.59x109.61x

Compare with others

Compare: