Comparison between Lorenzini Apparels IPO and Silver Touch Technologies IPO.
IPO Details
Lorenzini Apparels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Silver Touch Technologies IPO is a SME Fixed Price proposed to list at NSE 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 Silver Touch Technologies IPO is up to ₹38.12 Cr. The final issue price of Lorenzini Apparels IPO is ₹10.00 per share and of Silver Touch Technologies IPO is ₹121.00 per share.
IPO Timetable
Lorenzini Apparels IPO opens on Jan 31, 2018, while Silver Touch Technologies IPO opens on Nov 20, 2017. The closing date of Lorenzini Apparels IPO and Silver Touch Technologies IPO is Feb 06, 2018, and Nov 23, 2017, respectively.
| | Lorenzini Apparels IPO | Silver Touch Technologies IPO |
|---|
| Issue Open | Jan 31, 2018 | Nov 20, 2017 |
| Issue Close | Feb 06, 2018 | Nov 23, 2017 |
| Basis Of Allotment (Tentative) | Feb 09, 2018 | Nov 28, 2017 |
| Initiation of Refunds (Tentative) | Feb 12, 2018 | |
| Credit of Share (Tentative) | Feb 14, 2018 | |
| Listing date (Tentative) | Feb 15, 2018 | Dec 01, 2017 |
Financials & KPIs
Lorenzini Apparels IPO P/E ratio is , as compared to Silver Touch Technologies IPO P/E ratio of 18.
Shares Offered
In the Lorenzini Apparels IPO Retail Individual Investors (RII) are offered 21,20,000 shares while in Silver Touch Technologies 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 Silver Touch Technologies IPO.
| | Lorenzini Apparels IPO | Silver Touch Technologies IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,30,000 shares | 1,74,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 21,20,000 shares | 15,75,000 shares |
| RII | 21,20,000 shares | 15,75,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 42,40,000 shares | 31,50,000 shares |
Bids Received (Subscription)
Lorenzini Apparels IPO subscribed 1.70x in total, whereas Silver Touch Technologies IPO subscribed 10.98x.