Leo Dryfruits IPO vs Parmeshwar Metal IPO

Comparison between Leo Dryfruits IPO and Parmeshwar Metal IPO.

IPO Details

Leo Dryfruits IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Parmeshwar Metal IPO is a SME Bookbuilding proposed to list at BSE SME.

	Leo Dryfruits IPO	Parmeshwar Metal IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	BSE SME
Lead Managers	Shreni Shares Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Spread X Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO 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 Parmeshwar Metal IPO is up to ₹23.49 Cr. The final issue price of Leo Dryfruits IPO is ₹52.00 per share and of Parmeshwar Metal IPO is ₹61.00 per share.

	Leo Dryfruits IPO	Parmeshwar Metal IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹57.00 per share
Issue Price (Upper)	₹52.00 per share	₹61.00 per share
Issue Price (Final)	₹52.00 per share	₹61.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	45,84,000 shares	38,50,000 shares
Fresh Issue Size (Amount)	up to ₹23.84 Cr	up to ₹23.49 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	45,84,000 shares	38,50,000 shares
Issue Size Total (Amount)	up to ₹23.84 Cr	up to ₹23.49 Cr

IPO Timetable

Leo Dryfruits IPO opens on Jan 01, 2025, while Parmeshwar Metal IPO opens on Jan 02, 2025. The closing date of Leo Dryfruits IPO and Parmeshwar Metal IPO is Jan 03, 2025, and Jan 06, 2025, respectively.

	Leo Dryfruits IPO	Parmeshwar Metal IPO
Anchor Bid Date	Dec 31, 2024	Jan 01, 2025
Issue Open	Jan 01, 2025	Jan 02, 2025
Issue Close	Jan 03, 2025	Jan 06, 2025
Basis Of Allotment (Tentative)	Jan 06, 2025	Jan 07, 2025
Initiation of Refunds (Tentative)	Jan 07, 2025	Jan 08, 2025
Credit of Share (Tentative)	Jan 07, 2025	Jan 08, 2025
Listing date (Tentative)	Jan 08, 2025	Jan 09, 2025
Anchor Lockin End date 1	Feb 05, 2025	Feb 05, 2025
Anchor Lockin End date 2	Apr 06, 2025	Apr 06, 2025

Financials & KPIs

Leo Dryfruits IPO P/E ratio is 10.23, as compared to Parmeshwar Metal IPO P/E ratio of 9.51.

Leo Dryfruits IPO

Parmeshwar Metal 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 Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,988.78	5,234.95	2,664.01	1,198.64
Total Income	1,788.24	6,226.51	3,646.83	526.54
Profit After Tax	187.18	663.69	363.46	7.9
Net Worth	3,577.44	3,390.26	499.91	136.45
Reserves and Surplus	2,271.29	2,084.12	370.41	6.95
Total Borrowing	1,670.06	914.64	1,537.13	601
Amount in ₹ Lakhs

Parmeshwar Metal Limited Financial Information (Restated)

Parmeshwar Metal Limited's revenue increased by 13% and profit after tax (PAT) dropped by -19% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Oct 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,732.67	7,010.27	5,412.42	4,112.89
Total Income	75,730.83	1,10,246.35	97,270.61	90,227.47
Profit After Tax	570.29	721.93	889.53	685.16
Net Worth	4,291.13	3,720.83	2,998.9	2,109.37
Reserves and Surplus	3,166.13	2,970.83	2,248.9	1,359.37
Total Borrowing	1,468.99	2,188.86	1,660.02	1,383.71
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

52.21

96.33

Promoter Shareholding (Post-Issue)

38.11

70.81

P/E Ratio

10.23

9.51

Market Cap

₹93.04 Cr.

₹93.37 Cr.

ROE

34.12%

21.49%

ROCE

33.52%

17.51%

Debt/Equity

0.27

0.59

EPS

₹5.08

₹6.42

RoNW

19.58%

19.40%

Shares Offered

In the Leo Dryfruits IPO Retail Individual Investors (RII) are offered 16,44,000 shares while in Parmeshwar Metal IPO retail investors are offered 16,44,000 shares. Qualified Institutional Buyers (QIB) are offered 9,16,000 shares in Leo Dryfruits IPO and 7,70,000 shares in Parmeshwar Metal IPO.

	Leo Dryfruits IPO	Parmeshwar Metal IPO
Anchor Investor Reserveration	13,24,000 shares	11,54,000 shares
Market Maker Reserveration	2,46,000 shares	2,06,000 shares
QIB	9,16,000 shares	7,70,000 shares
NII	7,00,000 shares	5,78,000 shares
RII	16,44,000 shares	13,48,000 shares
Employee	0 shares	0 shares
Others
Total	45,84,000 shares	38,50,000 shares

Bids Received (Subscription)

Leo Dryfruits IPO subscribed 181.77x in total, whereas Parmeshwar Metal IPO subscribed 607.07x.

	Leo Dryfruits IPO	Parmeshwar Metal IPO
QIB (times)	68.06x	177.32x
NII (times)	394.59x	1,202.83x
Big NII (times)
Small NII (times)
RII (times)	154.50x	597.09x
Employee (times)
Other (times)
Total (times)	181.77x	607.07x

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