Comparison between Le Merite Exports IPO and Nanavati Ventures IPO.
Le Merite Exports IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nanavati Ventures IPO is a SME Fixed Price proposed to list at BSE SME.
| Le Merite Exports IPO | Nanavati Ventures IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Le Merite Exports IPO is up to ₹45.48 Cr whereas the issue size of the Nanavati Ventures IPO is up to ₹2.07 Cr. The final issue price of Le Merite Exports IPO is ₹75.00 per share and of Nanavati Ventures IPO is ₹50.00 per share.
| Le Merite Exports IPO | Nanavati Ventures IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 60,64,000 shares | 4,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹45.48 Cr | up to ₹2.07 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 60,64,000 shares | 4,14,000 shares |
| Issue Size Total (Amount) | up to ₹45.48 Cr | up to ₹2.07 Cr |
Le Merite Exports IPO opens on Apr 25, 2022, while Nanavati Ventures IPO opens on Apr 25, 2022. The closing date of Le Merite Exports IPO and Nanavati Ventures IPO is Apr 28, 2022, and Apr 27, 2022, respectively.
| Le Merite Exports IPO | Nanavati Ventures IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 25, 2022 | Apr 25, 2022 |
| Issue Close | Apr 28, 2022 | Apr 27, 2022 |
| Basis Of Allotment (Tentative) | May 02, 2022 | |
| Initiation of Refunds (Tentative) | May 04, 2022 | |
| Credit of Share (Tentative) | May 05, 2022 | |
| Listing date (Tentative) | May 09, 2022 | May 06, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Le Merite Exports IPO P/E ratio is 11.09, as compared to Nanavati Ventures IPO P/E ratio of 61.73.
| Le Merite Exports IPO | Nanavati Ventures IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 71 | ||||
| Promoter Shareholding (Post-Issue) | 52.19 | |||||
| P/E Ratio | 11.09 | 61.73 | ||||
| Market Cap | ₹176.11 Cr. | ₹8.23 Cr. | ||||
| ROE | 28.99 | |||||
| ROCE | 43.03 | |||||
| Debt/Equity | ||||||
| EPS | ₹41.31 | ₹99.67 | ||||
| RoNW | 28.99 | 1.94 |
In the Le Merite Exports IPO Retail Individual Investors (RII) are offered 30,32,000 shares while in Nanavati Ventures IPO retail investors are offered 30,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Le Merite Exports IPO and in Nanavati Ventures IPO.
| Le Merite Exports IPO | Nanavati Ventures IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,36,000 shares | 24,000 shares |
| QIB | ||
| NII | 30,32,000 shares | 2,06,000 shares |
| RII | 30,32,000 shares | 2,06,000 shares |
| Employee | ||
| Others | ||
| Total | 60,64,000 shares | 4,12,000 shares |
Le Merite Exports IPO subscribed 15.69x in total, whereas Nanavati Ventures IPO subscribed 32.52x.
| Le Merite Exports IPO | Nanavati Ventures IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 15.27x | 13.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.10x | 51.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.69x | 32.52x |
