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.
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 IPO | Sanghvi Brands IPO |
|---|
| Issue Open | Jan 31, 2018 | Nov 10, 2017 |
| Issue Close | Feb 06, 2018 | Nov 14, 2017 |
| Basis Of Allotment (Tentative) | Feb 09, 2018 | Nov 17, 2017 |
| Initiation of Refunds (Tentative) | Feb 12, 2018 | |
| Credit of Share (Tentative) | Feb 14, 2018 | |
| Listing date (Tentative) | Feb 15, 2018 | Nov 22, 2017 |
Financials & KPIs
Lorenzini Apparels IPO P/E ratio is , as compared to Sanghvi Brands IPO P/E ratio of .
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 IPO | Sanghvi Brands IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,30,000 shares | 1,40,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 21,20,000 shares | 13,04,000 shares |
| RII | 21,20,000 shares | 13,04,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 42,40,000 shares | 26,08,000 shares |
Bids Received (Subscription)
Lorenzini Apparels IPO subscribed 1.70x in total, whereas Sanghvi Brands IPO subscribed 2.64x.
