Comparison between Indong Tea IPO and Lead Reclaim IPO.
Indong Tea IPO is a SME Fixed Price IPO proposed to list at BSE SME while Lead Reclaim IPO is a SME Fixed Price proposed to list at NSE SME.
| Indong Tea IPO | Lead Reclaim IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Svcm Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indong Tea IPO is up to ₹12.36 Cr whereas the issue size of the Lead Reclaim IPO is up to ₹4.62 Cr. The final issue price of Indong Tea IPO is ₹26.00 per share and of Lead Reclaim IPO is ₹25.00 per share.
| Indong Tea IPO | Lead Reclaim IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹26.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 6000 shares |
| Fresh Issue Size | 47,52,000 shares | 18,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.36 Cr | up to ₹4.62 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 | 47,52,000 shares | 18,48,000 shares |
| Issue Size Total (Amount) | up to ₹12.36 Cr | up to ₹4.62 Cr |
Indong Tea IPO opens on Feb 09, 2023, while Lead Reclaim IPO opens on Feb 09, 2023. The closing date of Indong Tea IPO and Lead Reclaim IPO is Feb 13, 2023, and Feb 13, 2023, respectively.
| Indong Tea IPO | Lead Reclaim IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 09, 2023 | Feb 09, 2023 |
| Issue Close | Feb 13, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 16, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 17, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 20, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 21, 2023 | Feb 21, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indong Tea IPO P/E ratio is 9.52, as compared to Lead Reclaim IPO P/E ratio of 25.77.
| Indong Tea IPO | Lead Reclaim IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.09 | 86.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.03 | 63.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.52 | 25.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.00 Cr. | ₹18.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indong Tea IPO Retail Individual Investors (RII) are offered 23,76,000 shares while in Lead Reclaim IPO retail investors are offered 23,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Indong Tea IPO and in Lead Reclaim IPO.
| Indong Tea IPO | Lead Reclaim IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 5,04,000 shares | 1,02,000 shares |
| QIB | ||
| NII | 23,76,000 shares | 9,24,000 shares |
| RII | 23,76,000 shares | 9,24,000 shares |
| Employee | ||
| Others | ||
| Total | 47,52,000 shares | 18,48,000 shares |
Indong Tea IPO subscribed 4.97x in total, whereas Lead Reclaim IPO subscribed 75.98x.
| Indong Tea IPO | Lead Reclaim IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.17x | 87.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.76x | 64.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.97x | 75.98x |
