Laxmi Cotspin IPO vs Prime Customer IPO

Comparison between Laxmi Cotspin IPO and Prime Customer IPO.

IPO Details

Laxmi Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prime Customer IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Laxmi Cotspin IPO is up to ₹9.12 Cr whereas the issue size of the Prime Customer IPO is up to ₹6.91 Cr. The final issue price of Laxmi Cotspin IPO is ₹20.00 per share and of Prime Customer IPO is ₹60.00 per share.

 Laxmi Cotspin IPOPrime Customer IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size0 shares3,88,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹2.33 Cr
OFS Issue Size45,60,000 shares7,64,000 shares
OFS Issue Size (Amount)up to ₹9.12 Crup to ₹4.58 Cr
Issue Size Total45,60,000 shares11,52,000 shares
Issue Size Total (Amount)up to ₹9.12 Crup to ₹6.91 Cr

IPO Timetable

Laxmi Cotspin IPO opens on Mar 17, 2017, while Prime Customer IPO opens on Mar 20, 2017. The closing date of Laxmi Cotspin IPO and Prime Customer IPO is Mar 22, 2017, and Mar 23, 2017, respectively.

 Laxmi Cotspin IPOPrime Customer IPO
Issue OpenMar 17, 2017Mar 20, 2017
Issue CloseMar 22, 2017Mar 23, 2017
Basis Of Allotment (Tentative)Mar 28, 2017Mar 28, 2017
Listing date (Tentative)Mar 31, 2017Mar 31, 2017

Financials & KPIs

Laxmi Cotspin IPO P/E ratio is , as compared to Prime Customer IPO P/E ratio of .

 Laxmi Cotspin IPOPrime Customer IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets75.3075.5886.0182.08
Total Income52.69113.57106.77115.13
Profit After Tax1.933.222.263.79
NET Worth43.1541.1338.0136.75
Reserves and Surplus26.0023.9820.8719.61
Total Borrowing23.9724.4136.1629.47
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets7.607.076.115.64
Total Income13.9221.0519.6217.48
Profit After Tax0.250.270.080.10
EBITDA0.591.030.720.62
NET Worth3.963.712.471.94
Reserves and Surplus0.922.191.551.39
Total Borrowing2.582.052.061.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)55.48%91.93%
Promoter Shareholding (Post-Issue)55.48%58.21%
Market Cap₹34.30 Cr.₹20.96 Cr.

Shares Offered

In the Laxmi Cotspin IPO Retail Individual Investors (RII) are offered 22,80,000 shares while in Prime Customer 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 Prime Customer IPO.

 Laxmi Cotspin IPOPrime Customer IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,40,000 shares62,000 shares
QIB0 shares0 shares
NII22,80,000 shares5,76,000 shares
RII22,80,000 shares5,76,000 shares
Employee0 shares0 shares
Total45,60,000 shares11,52,000 shares

Bids Received (Subscription)

Laxmi Cotspin IPO subscribed 6.31x in total, whereas Prime Customer IPO subscribed 1.37x.

 Laxmi Cotspin IPOPrime Customer IPO
NII (times)2.95x0.00x
RII (times)9.66x0.00x
Total (times)6.31x1.37x

Compare with others

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Laxmi Cotspin IPO Vs Prime Customer IPO