Lead Reclaim IPO vs Sealmatic India IPO

Comparison between Lead Reclaim IPO and Sealmatic India IPO.

IPO Details

Lead Reclaim IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sealmatic India IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Lead Reclaim IPO is up to ₹4.62 Cr whereas the issue size of the Sealmatic India IPO is up to ₹53.41 Cr. The final issue price of Lead Reclaim IPO is ₹25.00 per share and of Sealmatic India IPO is ₹225.00 per share.

 Lead Reclaim IPOSealmatic India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹220.00 per share
Issue Price (Upper)₹225.00 per share
Issue Price (Final)₹25.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares600 shares
Fresh Issue Size18,48,000 shares17,24,000 shares
Fresh Issue Size (Amount)up to ₹4.62 Crup to ₹38.79 Cr
OFS Issue Size0 shares6,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹14.62 Cr
Issue Size Total18,48,000 shares23,73,600 shares
Issue Size Total (Amount)up to ₹4.62 Crup to ₹53.41 Cr

IPO Timetable

Lead Reclaim IPO opens on Feb 09, 2023, while Sealmatic India IPO opens on Feb 17, 2023. The closing date of Lead Reclaim IPO and Sealmatic India IPO is Feb 13, 2023, and Feb 21, 2023, respectively.

 Lead Reclaim IPOSealmatic India IPO
Anchor Bid DateFeb 16, 2023
Issue OpenFeb 09, 2023Feb 17, 2023
Issue CloseFeb 13, 2023Feb 21, 2023
Basis Of Allotment (Tentative)Feb 16, 2023Feb 24, 2023
Initiation of Refunds (Tentative)Feb 17, 2023Feb 27, 2023
Credit of Share (Tentative)Feb 20, 2023Feb 28, 2023
Listing date (Tentative)Feb 21, 2023Mar 01, 2023
Anchor Lockin End date 1Mar 26, 2023
Anchor Lockin End date 2May 25, 2023

Financials & KPIs

Lead Reclaim IPO P/E ratio is 25.77, as compared to Sealmatic India IPO P/E ratio of 18.75.

 Lead Reclaim IPOSealmatic India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets9.957.045.955.32
Total Income4.9910.377.064.84
Profit After Tax0.360.480.230.36
NET Worth5.562.900.400.17
Reserves and Surplus2.420.680.20-0.03
Total Borrowing2.712.693.953.77
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets51.0939.4729.7623.25
Total Income25.8242.7735.4833.59
Profit After Tax5.438.416.504.94
NET Worth35.5030.1621.7415.25
Reserves and Surplus28.3029.9621.5415.05
Total Borrowing2.240.942.732.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.48100.00
Promoter Shareholding (Post-Issue)63.5172.38
P/E Ratio25.7718.75
Market Cap₹18.35 Cr.₹203.63 Cr.
ROE28
ROCE37
Debt/Equity0.03
EPS₹11.69
RoNW27.9

Shares Offered

In the Lead Reclaim IPO Retail Individual Investors (RII) are offered 9,24,000 shares while in Sealmatic India IPO retail investors are offered 9,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Lead Reclaim IPO and 3,79,800 shares in Sealmatic India IPO.

 Lead Reclaim IPOSealmatic India IPO
Anchor Investor Reservation5,69,400 shares
Market Maker Reservation1,02,000 shares1,26,000 shares
QIB3,79,800 shares
NII9,24,000 shares4,27,200 shares
RII9,24,000 shares9,97,200 shares
Employee
Others
Total18,48,000 shares23,73,600 shares

Bids Received (Subscription)

Lead Reclaim IPO subscribed 75.98x in total, whereas Sealmatic India IPO subscribed 13.50x.

Compare with others

Compare: