Laxmi Dental IPO vs Standard Glass Lining IPO

Comparison between Laxmi Dental IPO and Standard Glass Lining IPO.

IPO Details

Laxmi Dental IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Standard Glass Lining IPO is a Mainboard Bookbuilding proposed to list at NSE, BSE.

Issue Size and Price

The total issue size of Laxmi Dental IPO is up to ₹698.06 Cr whereas the issue size of the Standard Glass Lining IPO is up to ₹410.05 Cr. The final issue price of Laxmi Dental IPO is ₹428.00 per share and of Standard Glass Lining IPO is ₹140.00 per share.

 Laxmi Dental IPOStandard Glass Lining IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹407.00 per share₹133.00 per share
Issue Price (Upper)₹428.00 per share₹140.00 per share
Issue Price (Final)₹428.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size33 shares107 shares
Fresh Issue Size32,24,299 shares1,50,00,000 shares
Fresh Issue Size (Amount)up to ₹138.00 Crup to ₹210.00 Cr
OFS Issue Size1,30,85,467 shares1,42,89,367 shares
OFS Issue Size (Amount)up to ₹560.06 Crup to ₹200.05 Cr
Issue Size Total1,63,09,766 shares2,92,89,367 shares
Issue Size Total (Amount)up to ₹698.06 Crup to ₹410.05 Cr

IPO Timetable

Laxmi Dental IPO opens on Jan 13, 2025, while Standard Glass Lining IPO opens on Jan 06, 2025. The closing date of Laxmi Dental IPO and Standard Glass Lining IPO is Jan 15, 2025, and Jan 08, 2025, respectively.

 Laxmi Dental IPOStandard Glass Lining IPO
Anchor Bid DateJan 10, 2025Jan 03, 2025
Issue OpenJan 13, 2025Jan 06, 2025
Issue CloseJan 15, 2025Jan 08, 2025
Basis Of Allotment (Tentative)Jan 16, 2025Jan 09, 2025
Initiation of Refunds (Tentative)Jan 17, 2025Jan 10, 2025
Credit of Share (Tentative)Jan 17, 2025Jan 10, 2025
Listing date (Tentative)Jan 20, 2025Jan 13, 2025
Anchor Lockin End date 1Feb 14, 2025Feb 07, 2025
Anchor Lockin End date 2Apr 15, 2025Apr 08, 2025

Financials & KPIs

Laxmi Dental IPO P/E ratio is 87.77, as compared to Standard Glass Lining IPO P/E ratio of 43.04.

 Laxmi Dental IPOStandard Glass Lining IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets158.22134.5296.54102.75
Total Income117.90195.26163.84138.07
Profit After Tax22.7425.23-4.16-18.68
NET Worth67.0944.5719.4822.94
Total Borrowing40.9142.0331.4429.63
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets756.52665.38347.79298.11
Total Income312.10549.68500.08241.50
Profit After Tax36.2760.0153.4225.15
NET Worth447.80409.92156.6769.91
Reserves and Surplus261.58389.18139.9453.66
Total Borrowing173.80129.3281.9669.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)46.5672.49
Promoter Shareholding (Post-Issue)41.767.04
P/E Ratio87.7743.04
Market Cap₹2352.38 Cr.₹2792.88 Cr.
ROE78.78%20.74%
ROCE19.97%25.49%
Debt/Equity0.940.32
EPS₹4.88₹3.25
RoNW78.78%20.74%

Shares Offered

In the Laxmi Dental IPO Retail Individual Investors (RII) are offered 16,30,976 shares while in Standard Glass Lining IPO retail investors are offered 16,30,976 shares. Qualified Institutional Buyers (QIB) are offered 48,92,931 shares in Laxmi Dental IPO and 58,57,875 shares in Standard Glass Lining IPO.

 Laxmi Dental IPOStandard Glass Lining IPO
Anchor Investor Reservation73,39,395 shares87,86,009 shares
Market Maker Reservation0 shares
QIB48,92,931 shares58,57,875 shares
NII24,46,464 shares43,93,406 shares
RII16,30,976 shares1,02,51,279 shares
Employee0 shares
Others
Total1,63,09,766 shares2,92,88,569 shares

Bids Received (Subscription)

Laxmi Dental IPO subscribed 114.14x in total, whereas Standard Glass Lining IPO subscribed 185.48x.

 Laxmi Dental IPOStandard Glass Lining IPO
QIB (times)110.38x327.76x
NII (times)147.69x275.21x
Big NII (times)167.68x302.21x
Small NII (times)107.70x221.21x
RII (times)75.10x65.71x
Employee (times)
Other (times)
Total (times)114.14x185.48x

Compare with others

Compare:

Laxmi Dental IPO Vs Standard Glass Lining IPO