Arihant Institute IPO vs Latteys Industries IPO

Comparison between Arihant Institute IPO and Latteys Industries IPO.

IPO Details

Arihant Institute IPO is a SME Fixed Price IPO proposed to list at BSE SME while Latteys Industries IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Arihant Institute IPO is up to ₹7.10 Cr whereas the issue size of the Latteys Industries IPO is up to ₹7.66 Cr. The final issue price of Arihant Institute IPO is ₹30.00 per share and of Latteys Industries IPO is ₹66.00 per share.

 Arihant Institute IPOLatteys Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹66.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size23,68,000 shares11,60,000 shares
Fresh Issue Size (Amount)up to ₹7.10 Crup to ₹7.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,68,000 shares11,60,000 shares
Issue Size Total (Amount)up to ₹7.10 Crup to ₹7.66 Cr

IPO Timetable

Arihant Institute IPO opens on May 23, 2018, while Latteys Industries IPO opens on May 23, 2018. The closing date of Arihant Institute IPO and Latteys Industries IPO is May 28, 2018, and May 28, 2018, respectively.

 Arihant Institute IPOLatteys Industries IPO
Issue OpenMay 23, 2018May 23, 2018
Issue CloseMay 28, 2018May 28, 2018
Basis Of Allotment (Tentative)May 31, 2018
Listing date (Tentative)Jun 05, 2018Jun 05, 2018

Financials & KPIs

Arihant Institute IPO P/E ratio is , as compared to Latteys Industries IPO P/E ratio of .

 Arihant Institute IPOLatteys Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 201831 Mar 201731 Mar 201631 Mar 2015
Assets6.795.875.757.30
Total Income1.141.691.673.86
Profit After Tax0.120.11-1.450.04
NET Worth5.703.60-1.160.28
Reserves and Surplus-1.13-2.40-2.51-1.07
Total Borrowing0.231.125.634.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets27.8226.1220.1414.66
Total Income22.8935.7726.0521.53
Profit After Tax0.430.560.310.14
EBITDA1.852.431.581.20
NET Worth3.593.052.501.34
Reserves and Surplus2.001.510.950.34
Total Borrowing10.928.897.796.60
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)78.80%100%
Promoter Shareholding (Post-Issue)57.85%73.43%
Market Cap₹28.22 Cr.₹30.36 Cr.

Shares Offered

In the Arihant Institute IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Latteys Industries IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Arihant Institute IPO and 0 shares in Latteys Industries IPO.

 Arihant Institute IPOLatteys Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,32,000 shares62,000 shares
QIB0 shares0 shares
NII11,84,000 shares5,80,000 shares
RII11,84,000 shares5,80,000 shares
Employee0 shares0 shares
Total23,68,000 shares11,60,000 shares

Bids Received (Subscription)

Arihant Institute IPO subscribed 2.20x in total, whereas Latteys Industries IPO subscribed 2.47x.

 Arihant Institute IPOLatteys Industries IPO
NII (times)0.69x1.19x
RII (times)3.71x3.74x
Total (times)2.20x2.47x

Compare with others

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Arihant Institute IPO Vs Latteys Industries IPO