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Leo Dryfruits IPO vs Newmalayalam Steel IPO

Comparison between Leo Dryfruits IPO and Newmalayalam Steel IPO.

IPO Details

Leo Dryfruits IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Newmalayalam Steel IPO is a SME Bookbuilding proposed to list at NSE SME.

 Leo Dryfruits IPONewmalayalam Steel IPO
LogoLeo Dryfruits IPO LogoNewmalayalam Steel IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.Khandwala Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerRikhav Securities Ltd.Aftertrade Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Leo Dryfruits IPO is up to ₹23.84 Cr whereas the issue size of the Newmalayalam Steel IPO is up to ₹39.66 Cr. The final issue price of Leo Dryfruits IPO is ₹52.00 per share and of Newmalayalam Steel IPO is ₹90.00 per share.

 Leo Dryfruits IPONewmalayalam Steel IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹85.00 per share
Issue Price (Upper)₹52.00 per share₹90.00 per share
Issue Price (Final)₹52.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size45,84,000 shares44,06,400 shares
Fresh Issue Size (Amount)up to ₹23.84 Crup to ₹39.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,84,000 shares44,06,400 shares
Issue Size Total (Amount)up to ₹23.84 Crup to ₹39.66 Cr

IPO Timetable

Leo Dryfruits IPO opens on Jan 01, 2025, while Newmalayalam Steel IPO opens on Dec 19, 2024. The closing date of Leo Dryfruits IPO and Newmalayalam Steel IPO is Jan 03, 2025, and Dec 23, 2024, respectively.

 Leo Dryfruits IPONewmalayalam Steel IPO
Anchor Bid DateDec 31, 2024
Issue OpenJan 01, 2025Dec 19, 2024
Issue CloseJan 03, 2025Dec 23, 2024
Basis Of Allotment (Tentative)Jan 06, 2025Dec 24, 2024
Initiation of Refunds (Tentative)Jan 07, 2025Dec 26, 2024
Credit of Share (Tentative)Jan 07, 2025Dec 26, 2024
Listing date (Tentative)Jan 08, 2025Dec 27, 2024
Anchor Lockin End date 1Feb 05, 2025
Anchor Lockin End date 2Apr 06, 2025

Financials & KPIs

Leo Dryfruits IPO P/E ratio is 10.23, as compared to Newmalayalam Steel IPO P/E ratio of 26.67.

 Leo Dryfruits IPONewmalayalam Steel IPO
Financials

Leo Dry Fruits and Spices Trading Ltd Financial Information (Restated)

Leo Dry Fruits and Spices Trading Ltd's revenue increased by 71% and profit after tax (PAT) rose by 83% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets6,988.785,234.952,664.011,198.64
Total Income1,788.246,226.513,646.83526.54
Profit After Tax187.18663.69363.467.9
Net Worth3,577.443,390.26499.91136.45
Reserves and Surplus2,271.292,084.12370.416.95
Total Borrowing1,670.06914.641,537.13601
Amount in ₹ Lakhs

Newmalayalam Steel Limited Financial Information (Restated)

Newmalayalam Steel Limited's revenue decreased by -15.78% and profit after tax (PAT) dropped by -28.91% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets11,032.7711,208.198,734.839,001.66
Total Income15,533.8230,314.8035,995.7132,360.91
Profit After Tax519.30426.86600.49673.06
Net Worth4,566.444,047.143,620.283,019.79
Reserves and Surplus3,301.682,782.382,355.521,755.03
Total Borrowing3,917.945,911.152,815.224,920.06
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)52.2199.80
Promoter Shareholding (Post-Issue)38.1173.02
P/E Ratio10.2326.67
Market Cap₹93.04 Cr.₹155.59 Cr.
ROE34.12%10.55%
ROCE33.52%17.60
Debt/Equity0.27
EPS₹5.08₹3.38
RoNW19.58%10.55%

Shares Offered

In the Leo Dryfruits IPO Retail Individual Investors (RII) are offered 16,44,000 shares while in Newmalayalam Steel IPO retail investors are offered 16,44,000 shares. Qualified Institutional Buyers (QIB) are offered 9,16,000 shares in Leo Dryfruits IPO and 4,41,600 shares in Newmalayalam Steel IPO.

 Leo Dryfruits IPONewmalayalam Steel IPO
Anchor Investor Reserveration13,24,000 shares
Market Maker Reserveration2,46,000 shares2,33,600 shares
QIB9,16,000 shares4,41,600 shares
NII7,00,000 shares19,80,800 shares
RII16,44,000 shares19,84,000 shares
Employee0 shares
Others
Total45,84,000 shares44,06,400 shares

Bids Received (Subscription)

Leo Dryfruits IPO subscribed 181.77x in total, whereas Newmalayalam Steel IPO subscribed 50.69x.

 Leo Dryfruits IPONewmalayalam Steel IPO
QIB (times)68.06x1.26x
NII (times)394.59x24.63x
Big NII (times)
Small NII (times)
RII (times)154.50x87.70x
Employee (times)
Other (times)
Total (times)181.77x50.69x