Lorenzini Apparels IPO vs Sharika Enterprises IPO

Comparison between Lorenzini Apparels IPO and Sharika Enterprises IPO.

IPO Details

Lorenzini Apparels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sharika Enterprises 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 Sharika Enterprises IPO is up to ₹13.16 Cr. The final issue price of Lorenzini Apparels IPO is ₹10.00 per share and of Sharika Enterprises IPO is ₹43.00 per share.

 Lorenzini Apparels IPOSharika Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares3000 shares
Fresh Issue Size42,40,000 shares30,60,000 shares
Fresh Issue Size (Amount)up to ₹4.24 Crup to ₹13.16 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,40,000 shares30,60,000 shares
Issue Size Total (Amount)up to ₹4.24 Crup to ₹13.16 Cr

IPO Timetable

Lorenzini Apparels IPO opens on Jan 31, 2018, while Sharika Enterprises IPO opens on Nov 15, 2017. The closing date of Lorenzini Apparels IPO and Sharika Enterprises IPO is Feb 06, 2018, and Nov 17, 2017, respectively.

 Lorenzini Apparels IPOSharika Enterprises IPO
Issue OpenJan 31, 2018Nov 15, 2017
Issue CloseFeb 06, 2018Nov 17, 2017
Basis Of Allotment (Tentative)Feb 09, 2018Nov 22, 2017
Initiation of Refunds (Tentative)Feb 12, 2018
Credit of Share (Tentative)Feb 14, 2018
Listing date (Tentative)Feb 15, 2018Nov 27, 2017

Financials & KPIs

Lorenzini Apparels IPO P/E ratio is , as compared to Sharika Enterprises IPO P/E ratio of .

 Lorenzini Apparels IPOSharika Enterprises 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 Ended31 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets22.5824.6815.5815.70
Total Income2.4418.7812.3313.50
Profit After Tax0.532.170.820.21
NET Worth10.519.977.436.45
Reserves and Surplus10.419.877.336.35
Total Borrowing7.058.954.773.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%78.58%
Promoter Shareholding (Post-Issue)55.91%55.16%
Market Cap₹10.14 Cr.₹46.55 Cr.

Shares Offered

In the Lorenzini Apparels IPO Retail Individual Investors (RII) are offered 21,20,000 shares while in Sharika Enterprises 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 Sharika Enterprises IPO.

 Lorenzini Apparels IPOSharika Enterprises IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,30,000 shares1,65,000 shares
QIB0 shares0 shares
NII21,20,000 shares15,30,000 shares
RII21,20,000 shares15,30,000 shares
Employee0 shares0 shares
Total42,40,000 shares30,60,000 shares

Bids Received (Subscription)

Lorenzini Apparels IPO subscribed 1.70x in total, whereas Sharika Enterprises IPO subscribed 62.26x.

 Lorenzini Apparels IPOSharika Enterprises IPO
NII (times)1.40x88.63x
RII (times)2.00x35.89x
Total (times)1.70x62.26x

Compare with others

Compare:

Lorenzini Apparels IPO Vs Sharika Enterprises IPO