Comparison between Le Merite Exports IPO and Shashwat Furnishing IPO.
Le Merite Exports IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shashwat Furnishing IPO is a SME Fixed Price proposed to list at BSE SME.
| Le Merite Exports IPO | Shashwat Furnishing IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Beeline Broking Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Le Merite Exports IPO is up to ₹45.48 Cr whereas the issue size of the Shashwat Furnishing IPO is up to ₹2.38 Cr. The final issue price of Le Merite Exports IPO is ₹75.00 per share and of Shashwat Furnishing IPO is ₹45.00 per share.
| Le Merite Exports IPO | Shashwat Furnishing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 60,64,000 shares | 5,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹45.48 Cr | up to ₹2.38 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 60,64,000 shares | 5,28,000 shares |
| Issue Size Total (Amount) | up to ₹45.48 Cr | up to ₹2.38 Cr |
Le Merite Exports IPO opens on Apr 25, 2022, while Shashwat Furnishing IPO opens on Apr 20, 2022. The closing date of Le Merite Exports IPO and Shashwat Furnishing IPO is Apr 28, 2022, and Apr 25, 2022, respectively.
| Le Merite Exports IPO | Shashwat Furnishing IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 25, 2022 | Apr 20, 2022 |
| Issue Close | Apr 28, 2022 | Apr 25, 2022 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 09, 2022 | May 04, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Le Merite Exports IPO P/E ratio is 11.09, as compared to Shashwat Furnishing IPO P/E ratio of 53.6.
| Le Merite Exports IPO | Shashwat Furnishing IPO | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.28 | |||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.09 | 53.6 | ||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹176.11 Cr. | ₹9.40 Cr. | ||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||
In the Le Merite Exports IPO Retail Individual Investors (RII) are offered 30,32,000 shares while in Shashwat Furnishing IPO retail investors are offered 30,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Le Merite Exports IPO and in Shashwat Furnishing IPO.
| Le Merite Exports IPO | Shashwat Furnishing IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,36,000 shares | 30,000 shares |
| QIB | ||
| NII | 30,32,000 shares | 2,64,000 shares |
| RII | 30,32,000 shares | 2,64,000 shares |
| Employee | ||
| Others | ||
| Total | 60,64,000 shares | 5,28,000 shares |
Le Merite Exports IPO subscribed 15.69x in total, whereas Shashwat Furnishing IPO subscribed 4.62x.
| Le Merite Exports IPO | Shashwat Furnishing IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 15.27x | 2.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.10x | 6.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.69x | 4.62x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
