Comparison between Logiciel Solutions IPO and Sihora Industries IPO.
Logiciel Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sihora Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Logiciel Solutions IPO | Sihora Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Fintellectual Corporate Advisors Pvt.Ltd. | Sobhagya Capital Options Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Aftertrade Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | 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 Sihora Industries IPO is up to ₹10.03 Cr. The final issue price of Logiciel Solutions IPO is ₹193.00 per share and of Sihora Industries IPO is ₹66.00 per share.
| Logiciel Solutions IPO | Sihora Industries 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 | ₹66.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 2000 shares |
| Fresh Issue Size | 15,90,600 shares | 15,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹30.70 Cr | up to ₹10.03 Cr |
| OFS Issue Size | 3,73,200 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.20 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,63,800 shares | 15,20,000 shares |
| Issue Size Total (Amount) | up to ₹37.90 Cr | up to ₹10.03 Cr |
Logiciel Solutions IPO opens on Nov 28, 2025, while Sihora Industries IPO opens on Oct 10, 2025. The closing date of Logiciel Solutions IPO and Sihora Industries IPO is Dec 02, 2025, and Oct 14, 2025, respectively.
| Logiciel Solutions IPO | Sihora Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 28, 2025 | Oct 10, 2025 |
| Issue Close | Dec 02, 2025 | Oct 14, 2025 |
| Basis Of Allotment (Tentative) | Dec 03, 2025 | Oct 15, 2025 |
| Initiation of Refunds (Tentative) | Dec 04, 2025 | Oct 16, 2025 |
| Credit of Share (Tentative) | Dec 04, 2025 | Oct 16, 2025 |
| Listing date (Tentative) | Dec 05, 2025 | Oct 17, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Logiciel Solutions IPO P/E ratio is 20.35, as compared to Sihora Industries IPO P/E ratio of 13.14.
| Logiciel Solutions IPO | Sihora Industries 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)Sihora Industries Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 214% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 82.78 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59 | 69.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.35 | 13.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹144.13 Cr. | ₹35.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.80 | 35.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.95 | 31.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | 0.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.48 | ₹5.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.80 | 35.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Logiciel Solutions IPO Retail Individual Investors (RII) are offered 9,34,800 shares while in Sihora Industries 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 Sihora Industries IPO.
| Logiciel Solutions IPO | Sihora Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,03,800 shares | 80,000 shares |
| QIB | 1,00,200 shares | 0 shares |
| NII | 9,28,800 shares | 7,60,000 shares |
| RII | 9,34,800 shares | 7,60,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 19,63,800 shares | 15,20,000 shares |
Logiciel Solutions IPO subscribed 2.04x in total, whereas Sihora Industries IPO subscribed 1.27x.
| Logiciel Solutions IPO | Sihora Industries IPO | |
|---|---|---|
| QIB (times) | 1.32x | |
| NII (times) | 0.73x | 1.18x |
| Big NII (times) | 0.43x | |
| Small NII (times) | 1.32x | |
| RII (times) | 3.43x | 1.37x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.04x | 1.27x |
