Lexus Granito IPO vs Vaishali Pharma IPO

Comparison between Lexus Granito IPO and Vaishali Pharma IPO.

IPO Details

Lexus Granito IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vaishali Pharma IPO is a SME Bookbuilding 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 Vaishali Pharma IPO is up to ₹13.48 Cr. The final issue price of Lexus Granito IPO is ₹45.00 per share and of Vaishali Pharma IPO is ₹72.00 per share.

 Lexus Granito IPOVaishali Pharma IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹41.00 per share₹71.00 per share
Issue Price (Upper)₹45.00 per share₹72.00 per share
Issue Price (Final)₹45.00 per share₹72.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1600 shares
Fresh Issue Size54,60,000 shares18,72,000 shares
Fresh Issue Size (Amount)up to ₹24.57 Crup to ₹13.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,60,000 shares18,72,000 shares
Issue Size Total (Amount)up to ₹24.57 Crup to ₹13.48 Cr

IPO Timetable

Lexus Granito IPO opens on Aug 09, 2017, while Vaishali Pharma IPO opens on Aug 07, 2017. The closing date of Lexus Granito IPO and Vaishali Pharma IPO is Aug 11, 2017, and Aug 10, 2017, respectively.

 Lexus Granito IPOVaishali Pharma IPO
Issue OpenAug 09, 2017Aug 07, 2017
Issue CloseAug 11, 2017Aug 10, 2017
Basis Of Allotment (Tentative)Aug 18, 2017Aug 16, 2017
Listing date (Tentative)Aug 23, 2017Aug 22, 2017

Financials & KPIs

Lexus Granito IPO P/E ratio is , as compared to Vaishali Pharma IPO P/E ratio of .

 Lexus Granito IPOVaishali Pharma 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
Assets44.6549.4145.80
Total Income67.1169.8998.82
Profit After Tax0.66-0.030.16
NET Worth3.873.203.24
Reserves and Surplus0.872.702.74
Total Borrowing21.1719.7624.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)69.99%70.02%
Market Cap₹86.36 Cr.₹47.46 Cr.

Shares Offered

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

 Lexus Granito IPOVaishali Pharma IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,00,000 shares1,04,000 shares
QIB16,38,000 shares0 shares
NII19,11,000 shares9,36,000 shares
RII19,11,000 shares9,36,000 shares
Employee0 shares0 shares
Total54,60,000 shares18,72,000 shares

Bids Received (Subscription)

Lexus Granito IPO subscribed 37.41x in total, whereas Vaishali Pharma IPO subscribed 2.00x.

 Lexus Granito IPOVaishali Pharma IPO
QIB (times)3.22x
NII (times)65.12x1.98x
RII (times)39.01x2.02x
Total (times)37.41x2.00x

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Lexus Granito IPO Vs Vaishali Pharma IPO