Lexus Granito IPO vs Manav infra projects IPO

Comparison between Lexus Granito IPO and Manav infra projects IPO.

IPO Details

Lexus Granito IPO is a SME Fixed Price IPO proposed to list at NSE SME while Manav infra projects IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Lexus Granito IPO is up to ₹24.57 Cr whereas the issue size of the Manav infra projects IPO is up to ₹5.23 Cr. The final issue price of Lexus Granito IPO is ₹45.00 per share and of Manav infra projects IPO is ₹30.00 per share.

 Lexus Granito IPOManav infra projects IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹41.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹45.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size54,60,000 shares17,44,000 shares
Fresh Issue Size (Amount)up to ₹24.57 Crup to ₹5.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,60,000 shares17,44,000 shares
Issue Size Total (Amount)up to ₹24.57 Crup to ₹5.23 Cr

IPO Timetable

Lexus Granito IPO opens on Aug 09, 2017, while Manav infra projects IPO opens on Sep 04, 2017. The closing date of Lexus Granito IPO and Manav infra projects IPO is Aug 11, 2017, and Sep 08, 2017, respectively.

 Lexus Granito IPOManav infra projects IPO
Issue OpenAug 09, 2017Sep 04, 2017
Issue CloseAug 11, 2017Sep 08, 2017
Basis Of Allotment (Tentative)Aug 18, 2017
Listing date (Tentative)Aug 23, 2017Sep 18, 2017

Financials & KPIs

Lexus Granito IPO P/E ratio is , as compared to Manav infra projects IPO P/E ratio of .

 Lexus Granito IPOManav infra projects IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets164.3997.9859.11
Total Income164.73102.2780.90
Profit After Tax5.093.202.03
NET Worth33.8421.4515.34
Reserves and Surplus20.4111.488.36
Total Borrowing73.1648.6725.86
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets13.0313.8311.10
Total Income18.3016.4416.23
Profit After Tax1.030.610.00
NET Worth4.864.354.24
Reserves and Surplus3.852.822.25
Total Borrowing3.633.312.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.98%
Promoter Shareholding (Post-Issue)69.99%73.13%
Market Cap₹86.36 Cr.₹20.51 Cr.

Shares Offered

In the Lexus Granito IPO Retail Individual Investors (RII) are offered 19,11,000 shares while in Manav infra projects IPO retail investors are offered 19,11,000 shares. Qualified Institutional Buyers (QIB) are offered 16,38,000 shares in Lexus Granito IPO and 0 shares in Manav infra projects IPO.

 Lexus Granito IPOManav infra projects IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,00,000 shares92,000 shares
QIB16,38,000 shares0 shares
NII19,11,000 shares8,72,000 shares
RII19,11,000 shares8,72,000 shares
Employee0 shares0 shares
Total54,60,000 shares17,44,000 shares

Bids Received (Subscription)

Lexus Granito IPO subscribed 37.41x in total, whereas Manav infra projects IPO subscribed 2.95x.

 Lexus Granito IPOManav infra projects IPO
QIB (times)3.22x
NII (times)65.12x0.57x
RII (times)39.01x5.33x
Total (times)37.41x2.95x

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Lexus Granito IPO Vs Manav infra projects IPO