Comparison between Laxmi Cotspin IPO and Oceanic Foods IPO.
Laxmi Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Oceanic Foods IPO is a SME Fixed Price proposed to list at BSE SME.
| Laxmi Cotspin IPO | Oceanic Foods IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Laxmi Cotspin IPO is up to ₹9.12 Cr whereas the issue size of the Oceanic Foods IPO is up to ₹6.16 Cr. The final issue price of Laxmi Cotspin IPO is ₹20.00 per share and of Oceanic Foods IPO is ₹65.00 per share.
| Laxmi Cotspin IPO | Oceanic Foods IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹20.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 0 shares | 9,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.16 Cr |
| OFS Issue Size | 45,60,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.12 Cr | up to ₹0.00 Cr |
| Issue Size Total | 45,60,000 shares | 9,48,000 shares |
| Issue Size Total (Amount) | up to ₹9.12 Cr | up to ₹6.16 Cr |
Laxmi Cotspin IPO opens on Mar 17, 2017, while Oceanic Foods IPO opens on Mar 20, 2017. The closing date of Laxmi Cotspin IPO and Oceanic Foods IPO is Mar 22, 2017, and Mar 22, 2017, respectively.
| Laxmi Cotspin IPO | Oceanic Foods IPO | |
|---|---|---|
| Issue Open | Mar 17, 2017 | Mar 20, 2017 |
| Issue Close | Mar 22, 2017 | Mar 22, 2017 |
| Basis Of Allotment (Tentative) | Mar 28, 2017 | Mar 27, 2017 |
| Listing date (Tentative) | Mar 31, 2017 | Mar 31, 2017 |
Laxmi Cotspin IPO P/E ratio is , as compared to Oceanic Foods IPO P/E ratio of .
| Laxmi Cotspin IPO | Oceanic Foods IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.48% | 97.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.48% | 71.13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹34.30 Cr. | ₹24.38 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Laxmi Cotspin IPO Retail Individual Investors (RII) are offered 22,80,000 shares while in Oceanic Foods IPO retail investors are offered 22,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Laxmi Cotspin IPO and 0 shares in Oceanic Foods IPO.
| Laxmi Cotspin IPO | Oceanic Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,40,000 shares | 52,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 22,80,000 shares | 4,74,000 shares |
| RII | 22,80,000 shares | 4,74,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 45,60,000 shares | 9,48,000 shares |
Laxmi Cotspin IPO subscribed 6.31x in total, whereas Oceanic Foods IPO subscribed 2.38x.
| Laxmi Cotspin IPO | Oceanic Foods IPO | |
|---|---|---|
| NII (times) | 2.95x | 0.00x |
| RII (times) | 9.66x | 0.00x |
| Total (times) | 6.31x | 2.38x |
