Laxmi Cotspin IPO vs Relstruct Buildcon IPO

Comparison between Laxmi Cotspin IPO and Relstruct Buildcon IPO.

IPO Details

Laxmi Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Relstruct Buildcon 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 Relstruct Buildcon IPO is up to ₹22.17 Cr. The final issue price of Laxmi Cotspin IPO is ₹20.00 per share and of Relstruct Buildcon IPO is ₹50.00 per share.

 Laxmi Cotspin IPORelstruct Buildcon IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size0 shares44,34,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹22.17 Cr
OFS Issue Size45,60,000 shares0 shares
OFS Issue Size (Amount)up to ₹9.12 Crup to ₹0.00 Cr
Issue Size Total45,60,000 shares44,34,000 shares
Issue Size Total (Amount)up to ₹9.12 Crup to ₹22.17 Cr

IPO Timetable

Laxmi Cotspin IPO opens on Mar 17, 2017, while Relstruct Buildcon IPO opens on Mar 22, 2017. The closing date of Laxmi Cotspin IPO and Relstruct Buildcon IPO is Mar 22, 2017, and Mar 24, 2017, respectively.

 Laxmi Cotspin IPORelstruct Buildcon IPO
Issue OpenMar 17, 2017Mar 22, 2017
Issue CloseMar 22, 2017Mar 24, 2017
Basis Of Allotment (Tentative)Mar 28, 2017
Listing date (Tentative)Mar 31, 2017Apr 05, 2017

Financials & KPIs

Laxmi Cotspin IPO P/E ratio is , as compared to Relstruct Buildcon IPO P/E ratio of .

 Laxmi Cotspin IPORelstruct Buildcon 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 Ended31 Dec 201631 Mar 201631 Mar 2015
Assets32.1427.0912.39
Total Income0.220.260.04
Profit After Tax0.030.010.00
NET Worth16.714.454.44
Reserves and Surplus6.710.010.00
Total Borrowing10.4213.961.33
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)55.48%100%
Promoter Shareholding (Post-Issue)55.48%68.17%
Market Cap₹34.30 Cr.₹73.36 Cr.

Shares Offered

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

 Laxmi Cotspin IPORelstruct Buildcon IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,40,000 shares2,37,000 shares
QIB0 shares0 shares
NII22,80,000 shares22,17,000 shares
RII22,80,000 shares22,17,000 shares
Employee0 shares0 shares
Total45,60,000 shares44,34,000 shares

Bids Received (Subscription)

Laxmi Cotspin IPO subscribed 6.31x in total, whereas Relstruct Buildcon IPO subscribed 1.49x.

 Laxmi Cotspin IPORelstruct Buildcon IPO
NII (times)2.95x0.00x
RII (times)9.66x0.00x
Total (times)6.31x1.49x

Compare with others

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Laxmi Cotspin IPO Vs Relstruct Buildcon IPO