Comparison between Heranba Industries IPO and Laxmi Organic Industries IPO.
Heranba Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Laxmi Organic Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Heranba Industries IPO is up to ₹625.24 Cr whereas the issue size of the Laxmi Organic Industries IPO is up to ₹600.00 Cr. The final issue price of Heranba Industries IPO is ₹627.00 per share and of Laxmi Organic Industries IPO is ₹130.00 per share.
| Heranba Industries IPO | Laxmi Organic Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹626.00 per share | ₹129.00 per share |
| Issue Price (Upper) | ₹627.00 per share | ₹130.00 per share |
| Issue Price (Final) | ₹627.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 23 shares | 115 shares |
| Fresh Issue Size | 9,56,937 shares | 2,30,76,923 shares |
| Fresh Issue Size (Amount) | up to ₹60.00 Cr | up to ₹300.00 Cr |
| OFS Issue Size | 90,15,000 shares | 2,30,76,923 shares |
| OFS Issue Size (Amount) | up to ₹565.24 Cr | up to ₹300.00 Cr |
| Issue Size Total | 99,71,937 shares | 4,61,53,846 shares |
| Issue Size Total (Amount) | up to ₹625.24 Cr | up to ₹600.00 Cr |
Heranba Industries IPO opens on Feb 23, 2021, while Laxmi Organic Industries IPO opens on Mar 15, 2021. The closing date of Heranba Industries IPO and Laxmi Organic Industries IPO is Feb 25, 2021, and Mar 17, 2021, respectively.
| Heranba Industries IPO | Laxmi Organic Industries IPO | |
|---|---|---|
| Anchor Bid Date | Feb 22, 2021 | Mar 12, 2021 |
| Issue Open | Feb 23, 2021 | Mar 15, 2021 |
| Issue Close | Feb 25, 2021 | Mar 17, 2021 |
| Basis Of Allotment (Tentative) | Mar 02, 2021 | Mar 22, 2021 |
| Initiation of Refunds (Tentative) | Mar 03, 2021 | Mar 23, 2021 |
| Credit of Share (Tentative) | Mar 04, 2021 | Mar 24, 2021 |
| Listing date (Tentative) | Mar 05, 2021 | Mar 25, 2021 |
| Anchor Lockin End date 1 | Apr 01, 2021 | Apr 21, 2021 |
| Anchor Lockin End date 2 | May 31, 2021 | Jun 20, 2021 |
Heranba Industries IPO P/E ratio is , as compared to Laxmi Organic Industries IPO P/E ratio of .
| Heranba Industries IPO | Laxmi Organic Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 98.1 | 89.51 | ||||
| Promoter Shareholding (Post-Issue) | 74.1 | 72.92 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3048.89 Cr. | ₹3427.62 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Heranba Industries IPO Retail Individual Investors (RII) are offered 34,90,178 shares while in Laxmi Organic Industries IPO retail investors are offered 34,90,178 shares. Qualified Institutional Buyers (QIB) are offered 19,95,448 shares in Heranba Industries IPO and 92,30,769 shares in Laxmi Organic Industries IPO.
| Heranba Industries IPO | Laxmi Organic Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 29,90,520 shares | 1,38,46,153 shares |
| Market Maker Reservation | ||
| QIB | 19,95,448 shares | 92,30,769 shares |
| NII | 14,95,791 shares | 69,23,077 shares |
| RII | 34,90,178 shares | 1,61,53,847 shares |
| Employee | ||
| Others | ||
| Total | 99,71,937 shares | 4,61,53,846 shares |
Heranba Industries IPO subscribed 83.29x in total, whereas Laxmi Organic Industries IPO subscribed 106.81x.
| Heranba Industries IPO | Laxmi Organic Industries IPO | |
|---|---|---|
| QIB (times) | 67.45x | 175.43x |
| NII (times) | 271.15x | 217.62x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 20.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 83.29x | 106.81x |
