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.
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.
Financials & KPIs
Arihant Institute IPO P/E ratio is , as compared to Latteys Industries IPO P/E ratio of .
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 IPO | Latteys Industries IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,32,000 shares | 62,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,84,000 shares | 5,80,000 shares |
| RII | 11,84,000 shares | 5,80,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 23,68,000 shares | 11,60,000 shares |
Bids Received (Subscription)
Arihant Institute IPO subscribed 2.20x in total, whereas Latteys Industries IPO subscribed 2.47x.