Laxmi Goldorna House IPO vs RO Jewels IPO

Comparison between Laxmi Goldorna House IPO and RO Jewels IPO.

IPO Details

Laxmi Goldorna House IPO is a SME Fixed Price IPO proposed to list at NSE SME while RO Jewels IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Laxmi Goldorna House IPO is up to ₹7.85 Cr whereas the issue size of the RO Jewels IPO is up to ₹4.67 Cr. The final issue price of Laxmi Goldorna House IPO is ₹15.00 per share and of RO Jewels IPO is ₹36.00 per share.

 Laxmi Goldorna House IPORO Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹15.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares3000 shares
Fresh Issue Size52,32,000 shares12,96,000 shares
Fresh Issue Size (Amount)up to ₹7.85 Crup to ₹4.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total52,32,000 shares12,96,000 shares
Issue Size Total (Amount)up to ₹7.85 Crup to ₹4.67 Cr

IPO Timetable

Laxmi Goldorna House IPO opens on Mar 20, 2020, while RO Jewels IPO opens on Mar 12, 2020. The closing date of Laxmi Goldorna House IPO and RO Jewels IPO is Apr 03, 2020, and Mar 17, 2020, respectively.

Financials & KPIs

Laxmi Goldorna House IPO P/E ratio is 39, as compared to RO Jewels IPO P/E ratio of 34.

 Laxmi Goldorna House IPORO Jewels IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets42.9439.4438.7910.29
Total Income38.7873.4569.7752.43
Profit After Tax0.400.670.440.58
EBITDA1.442.751.601.43
NET Worth23.2222.8122.154.40
Reserves and Surplus7.867.466.793.74
Total Borrowing17.7815.2615.535.38
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets5.801.792.301.56
Total Income10.474.249.765.74
Profit After Tax0.150.010.070.06
NET Worth5.171.78
Reserves and Surplus2.221.260.010.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%87.38%
Promoter Shareholding (Post-Issue)73.54%45.26%
P/E Ratio3934
Market Cap₹31.31 Cr.₹10.20 Cr.

Shares Offered

In the Laxmi Goldorna House IPO Retail Individual Investors (RII) are offered 26,16,000 shares while in RO Jewels IPO retail investors are offered 26,16,000 shares. Qualified Institutional Buyers (QIB) are offered in Laxmi Goldorna House IPO and in RO Jewels IPO.

 Laxmi Goldorna House IPORO Jewels IPO
Market Maker Reservation2,88,000 shares69,000 shares
NII26,16,000 shares6,48,000 shares
RII26,16,000 shares6,48,000 shares
Total52,32,000 shares12,96,000 shares

Bids Received (Subscription)

Laxmi Goldorna House IPO subscribed 1.21x in total, whereas RO Jewels IPO subscribed 1.19x.

 Laxmi Goldorna House IPORO Jewels IPO
NII (times)2.22x1.95x
RII (times)0.20x0.43x
Total (times)1.21x1.19x

Compare with others

Compare:

Laxmi Goldorna House IPO Vs RO Jewels IPO