Libas Designs IPO vs Steel City Securities IPO

Comparison between Libas Designs IPO and Steel City Securities IPO.

IPO Details

Libas Designs IPO is a SME Fixed Price IPO proposed to list at NSE SME while Steel City Securities IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Libas Designs IPO is up to ₹12.89 Cr whereas the issue size of the Steel City Securities IPO is up to ₹25.64 Cr. The final issue price of Libas Designs IPO is ₹68.00 per share and of Steel City Securities IPO is ₹55.00 per share.

 Libas Designs IPOSteel City Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹68.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size18,96,000 shares24,80,183 shares
Fresh Issue Size (Amount)up to ₹12.89 Crup to ₹13.64 Cr
OFS Issue Size0 shares21,81,817 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹12.00 Cr
Issue Size Total18,96,000 shares46,62,000 shares
Issue Size Total (Amount)up to ₹12.89 Crup to ₹25.64 Cr

IPO Timetable

Libas Designs IPO opens on Dec 27, 2016, while Steel City Securities IPO opens on Feb 06, 2017. The closing date of Libas Designs IPO and Steel City Securities IPO is Dec 30, 2016, and Feb 09, 2017, respectively.

 Libas Designs IPOSteel City Securities IPO
Issue OpenDec 27, 2016Feb 06, 2017
Issue CloseDec 30, 2016Feb 09, 2017
Basis Of Allotment (Tentative)Jan 04, 2017Feb 14, 2017
Listing date (Tentative)Jan 09, 2017Feb 17, 2017

Financials & KPIs

Libas Designs IPO P/E ratio is , as compared to Steel City Securities IPO P/E ratio of .

 Libas Designs IPOSteel City Securities IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets20.7118.5513.3111.35
Total Income5.2021.4917.7214.34
Profit After Tax0.260.910.350.33
NET Worth3.793.532.622.27
Reserves and Surplus2.792.531.621.27
Total Borrowing7.066.164.483.51
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets88.1975.7785.7372.18
Total Income16.2626.6631.6421.67
Profit After Tax2.653.936.573.29
NET Worth51.3648.6546.5345.20
Reserves and Surplus38.9836.2734.1532.82
Total Borrowing4.744.8017.643.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.16%69.56%
Promoter Shareholding (Post-Issue)69.78%42.58%
Market Cap₹51.00 Cr.₹83.09 Cr.

Shares Offered

In the Libas Designs IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Steel City Securities IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Libas Designs IPO and 0 shares in Steel City Securities IPO.

 Libas Designs IPOSteel City Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,04,000 shares2,46,000 shares
QIB0 shares0 shares
NII9,48,000 shares23,31,000 shares
RII9,48,000 shares23,31,000 shares
Employee0 shares0 shares
Total18,96,000 shares46,62,000 shares

Bids Received (Subscription)

Libas Designs IPO subscribed 2.27x in total, whereas Steel City Securities IPO subscribed 4.82x.

 Libas Designs IPOSteel City Securities IPO
NII (times)1.55x3.12x
RII (times)2.99x6.51x
Total (times)2.27x4.82x

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Libas Designs IPO Vs Steel City Securities IPO