Lorenzini Apparels IPO vs Sanghvi Brands IPO

Comparison between Lorenzini Apparels IPO and Sanghvi Brands IPO.

IPO Details

Lorenzini Apparels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sanghvi Brands IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Lorenzini Apparels IPO is up to ₹4.24 Cr whereas the issue size of the Sanghvi Brands IPO is up to ₹18.00 Cr. The final issue price of Lorenzini Apparels IPO is ₹10.00 per share and of Sanghvi Brands IPO is ₹69.00 per share.

 Lorenzini Apparels IPOSanghvi Brands IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹69.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares2000 shares
Fresh Issue Size42,40,000 shares26,08,000 shares
Fresh Issue Size (Amount)up to ₹4.24 Crup to ₹18.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,40,000 shares26,08,000 shares
Issue Size Total (Amount)up to ₹4.24 Crup to ₹18.00 Cr

IPO Timetable

Lorenzini Apparels IPO opens on Jan 31, 2018, while Sanghvi Brands IPO opens on Nov 10, 2017. The closing date of Lorenzini Apparels IPO and Sanghvi Brands IPO is Feb 06, 2018, and Nov 14, 2017, respectively.

 Lorenzini Apparels IPOSanghvi Brands IPO
Issue OpenJan 31, 2018Nov 10, 2017
Issue CloseFeb 06, 2018Nov 14, 2017
Basis Of Allotment (Tentative)Feb 09, 2018Nov 17, 2017
Initiation of Refunds (Tentative)Feb 12, 2018
Credit of Share (Tentative)Feb 14, 2018
Listing date (Tentative)Feb 15, 2018Nov 22, 2017

Financials & KPIs

Lorenzini Apparels IPO P/E ratio is , as compared to Sanghvi Brands IPO P/E ratio of .

 Lorenzini Apparels IPOSanghvi Brands IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets14.9313.955.135.57
Total Income6.6316.4512.1114.16
Profit After Tax0.280.15-0.030.06
NET Worth6.183.040.420.46
Reserves and Surplus0.520.760.410.45
Total Borrowing2.342.341.822.20
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets12.4412.0411.2510.50
Total Income2.6611.107.996.08
Profit After Tax0.030.820.100.02
NET Worth10.0410.019.199.09
Reserves and Surplus9.349.315.745.64
Total Borrowing0.180.170.130.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%71.73%
Promoter Shareholding (Post-Issue)55.91%52.80%
Market Cap₹10.14 Cr.₹71.87 Cr.

Shares Offered

In the Lorenzini Apparels IPO Retail Individual Investors (RII) are offered 21,20,000 shares while in Sanghvi Brands IPO retail investors are offered 21,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Lorenzini Apparels IPO and 0 shares in Sanghvi Brands IPO.

 Lorenzini Apparels IPOSanghvi Brands IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,30,000 shares1,40,000 shares
QIB0 shares0 shares
NII21,20,000 shares13,04,000 shares
RII21,20,000 shares13,04,000 shares
Employee0 shares0 shares
Total42,40,000 shares26,08,000 shares

Bids Received (Subscription)

Lorenzini Apparels IPO subscribed 1.70x in total, whereas Sanghvi Brands IPO subscribed 2.64x.

 Lorenzini Apparels IPOSanghvi Brands IPO
NII (times)1.40x4.20x
RII (times)2.00x1.09x
Total (times)1.70x2.64x

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Lorenzini Apparels IPO Vs Sanghvi Brands IPO