Lexus Granito IPO vs Shish Industries IPO

Comparison between Lexus Granito IPO and Shish Industries IPO.

IPO Details

Lexus Granito IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shish Industries IPO is a SME Fixed Price proposed to list at BSE 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 Shish Industries IPO is up to ₹3.84 Cr. The final issue price of Lexus Granito IPO is ₹45.00 per share and of Shish Industries IPO is ₹30.00 per share.

 Lexus Granito IPOShish Industries 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 shares12,80,000 shares
Fresh Issue Size (Amount)up to ₹24.57 Crup to ₹3.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,60,000 shares12,80,000 shares
Issue Size Total (Amount)up to ₹24.57 Crup to ₹3.84 Cr

IPO Timetable

Lexus Granito IPO opens on Aug 09, 2017, while Shish Industries IPO opens on Aug 23, 2017. The closing date of Lexus Granito IPO and Shish Industries IPO is Aug 11, 2017, and Aug 28, 2017, respectively.

 Lexus Granito IPOShish Industries IPO
Issue OpenAug 09, 2017Aug 23, 2017
Issue CloseAug 11, 2017Aug 28, 2017
Basis Of Allotment (Tentative)Aug 18, 2017Aug 31, 2017
Listing date (Tentative)Aug 23, 2017Sep 05, 2017

Financials & KPIs

Lexus Granito IPO P/E ratio is , as compared to Shish Industries IPO P/E ratio of .

 Lexus Granito IPOShish Industries 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 Ended11 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets5.655.144.744.28
Total Income5.373.880.98
Profit After Tax-0.000.050.03-0.27
NET Worth3.092.222.041.89
Total Borrowing1.631.951.881.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)69.99%69.56%
Market Cap₹86.36 Cr.₹13.33 Cr.

Shares Offered

In the Lexus Granito IPO Retail Individual Investors (RII) are offered 19,11,000 shares while in Shish Industries 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 Shish Industries IPO.

 Lexus Granito IPOShish Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,00,000 shares72,000 shares
QIB16,38,000 shares0 shares
NII19,11,000 shares6,40,000 shares
RII19,11,000 shares6,40,000 shares
Employee0 shares0 shares
Total54,60,000 shares12,80,000 shares

Bids Received (Subscription)

Lexus Granito IPO subscribed 37.41x in total, whereas Shish Industries IPO subscribed 1.60x.

 Lexus Granito IPOShish Industries IPO
QIB (times)3.22x
NII (times)65.12x1.23x
RII (times)39.01x1.98x
Total (times)37.41x1.60x

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Lexus Granito IPO Vs Shish Industries IPO