Comparison between Logiciel Solutions IPO and Natrinai Ventures IPO.
Logiciel Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Natrinai Ventures IPO is a SME Bookbuilding proposed to list at BSE SME.
| Logiciel Solutions IPO | Natrinai Ventures IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Fintellectual Corporate Advisors Pvt.Ltd. | Kreo Capital Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Logiciel Solutions IPO is up to ₹37.90 Cr whereas the issue size of the Natrinai Ventures IPO is up to ₹0.00 Cr. The final issue price of Logiciel Solutions IPO is ₹193.00 per share and of Natrinai Ventures IPO is .
| Logiciel Solutions IPO | Natrinai Ventures IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹183.00 per share | |
| Issue Price (Upper) | ₹193.00 per share | |
| Issue Price (Final) | ₹193.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | |
| Fresh Issue Size | 15,90,600 shares | 41,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹30.70 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 3,73,200 shares | 2,20,200 shares |
| OFS Issue Size (Amount) | up to ₹7.20 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,63,800 shares | 43,60,200 shares |
| Issue Size Total (Amount) | up to ₹37.90 Cr | up to ₹0.00 Cr |
Logiciel Solutions IPO opens on Nov 28, 2025, while Natrinai Ventures IPO opens on . The closing date of Logiciel Solutions IPO and Natrinai Ventures IPO is Dec 02, 2025, and , respectively.
| Logiciel Solutions IPO | Natrinai Ventures IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 28, 2025 | |
| Issue Close | Dec 02, 2025 | |
| Basis Of Allotment (Tentative) | Dec 03, 2025 | |
| Initiation of Refunds (Tentative) | Dec 04, 2025 | |
| Credit of Share (Tentative) | Dec 04, 2025 | |
| Listing date (Tentative) | Dec 05, 2025 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Logiciel Solutions IPO P/E ratio is 20.35, as compared to Natrinai Ventures IPO P/E ratio of .
| Logiciel Solutions IPO | Natrinai Ventures IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Logiciel Solutions Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Standalone)Natrinai Ventures Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 151% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 82.78 | 99.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹144.13 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.80 | 92.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.95 | 81.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | 0.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.80 | 63.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Logiciel Solutions IPO Retail Individual Investors (RII) are offered 9,34,800 shares while in Natrinai Ventures IPO retail investors are offered 9,34,800 shares. Qualified Institutional Buyers (QIB) are offered 1,00,200 shares in Logiciel Solutions IPO and 0 shares in Natrinai Ventures IPO.
| Logiciel Solutions IPO | Natrinai Ventures IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,03,800 shares | 0 shares |
| QIB | 1,00,200 shares | 0 shares |
| NII | 9,28,800 shares | 0 shares |
| RII | 9,34,800 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 19,63,800 shares | 0 shares |
Logiciel Solutions IPO subscribed 2.04x in total, whereas Natrinai Ventures IPO subscribed .
| Logiciel Solutions IPO | Natrinai Ventures IPO | |
|---|---|---|
| QIB (times) | 1.32x | |
| NII (times) | 0.73x | |
| Big NII (times) | 0.43x | |
| Small NII (times) | 1.32x | |
| RII (times) | 3.43x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.04x |
