Laxmi Dental IPO vs Quadrant Future Tek IPO

Comparison between Laxmi Dental IPO and Quadrant Future Tek IPO.

IPO Details

Laxmi Dental IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quadrant Future Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Laxmi Dental IPO is up to ₹698.06 Cr whereas the issue size of the Quadrant Future Tek IPO is up to ₹290.00 Cr. The final issue price of Laxmi Dental IPO is ₹428.00 per share and of Quadrant Future Tek IPO is ₹290.00 per share.

 Laxmi Dental IPOQuadrant Future Tek IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹407.00 per share₹275.00 per share
Issue Price (Upper)₹428.00 per share₹290.00 per share
Issue Price (Final)₹428.00 per share₹290.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size33 shares50 shares
Fresh Issue Size32,24,299 shares1,00,00,000 shares
Fresh Issue Size (Amount)up to ₹138.00 Crup to ₹290.00 Cr
OFS Issue Size1,30,85,467 shares0 shares
OFS Issue Size (Amount)up to ₹560.06 Crup to ₹0.00 Cr
Issue Size Total1,63,09,766 shares1,00,00,000 shares
Issue Size Total (Amount)up to ₹698.06 Crup to ₹290.00 Cr

IPO Timetable

Laxmi Dental IPO opens on Jan 13, 2025, while Quadrant Future Tek IPO opens on Jan 07, 2025. The closing date of Laxmi Dental IPO and Quadrant Future Tek IPO is Jan 15, 2025, and Jan 09, 2025, respectively.

 Laxmi Dental IPOQuadrant Future Tek IPO
Anchor Bid DateJan 10, 2025Jan 06, 2025
Issue OpenJan 13, 2025Jan 07, 2025
Issue CloseJan 15, 2025Jan 09, 2025
Basis Of Allotment (Tentative)Jan 16, 2025Jan 10, 2025
Initiation of Refunds (Tentative)Jan 17, 2025Jan 13, 2025
Credit of Share (Tentative)Jan 17, 2025Jan 13, 2025
Listing date (Tentative)Jan 20, 2025Jan 14, 2025
Anchor Lockin End date 1Feb 14, 2025Feb 08, 2025
Anchor Lockin End date 2Apr 15, 2025Apr 09, 2025

Financials & KPIs

Laxmi Dental IPO P/E ratio is 87.77, as compared to Quadrant Future Tek IPO P/E ratio of 59.13.

 Laxmi Dental IPOQuadrant Future Tek IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets158.22134.5296.54102.75
Total Income117.90195.26163.84138.07
Profit After Tax22.7425.23-4.16-18.68
NET Worth67.0944.5719.4822.94
Total Borrowing40.9142.0331.4429.63
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets149.66142.82118.82112.77
Total Income65.14151.82152.95104.29
Profit After Tax-12.1114.7113.901.94
NET Worth34.1844.1129.4215.61
Reserves and Surplus4.1834.1119.425.61
Total Borrowing98.0181.6174.0080.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)46.5693.33
Promoter Shareholding (Post-Issue)41.770
P/E Ratio87.7759.13
Market Cap₹2352.38 Cr.₹1160.00 Cr.
ROE78.78%33.41%
ROCE19.97%26.12%
Debt/Equity0.941.86
EPS₹4.88₹4.90
RoNW78.78%33.41%

Shares Offered

In the Laxmi Dental IPO Retail Individual Investors (RII) are offered 16,30,976 shares while in Quadrant Future Tek IPO retail investors are offered 16,30,976 shares. Qualified Institutional Buyers (QIB) are offered 48,92,931 shares in Laxmi Dental IPO and 30,00,000 shares in Quadrant Future Tek IPO.

 Laxmi Dental IPOQuadrant Future Tek IPO
Anchor Investor Reservation73,39,395 shares45,00,000 shares
Market Maker Reservation0 shares0 shares
QIB48,92,931 shares30,00,000 shares
NII24,46,464 shares15,00,000 shares
RII16,30,976 shares10,00,000 shares
Employee0 shares0 shares
Others
Total1,63,09,766 shares1,00,00,000 shares

Bids Received (Subscription)

Laxmi Dental IPO subscribed 114.14x in total, whereas Quadrant Future Tek IPO subscribed 195.96x.

 Laxmi Dental IPOQuadrant Future Tek IPO
QIB (times)110.38x139.77x
NII (times)147.69x268.03x
Big NII (times)167.68x274.25x
Small NII (times)107.70x255.57x
RII (times)75.10x256.46x
Employee (times)
Other (times)
Total (times)114.14x195.96x

Compare with others

Compare:

Laxmi Dental IPO Vs Quadrant Future Tek IPO