IKIO Lighting IPO vs Senco Gold IPO

Comparison between IKIO Lighting IPO and Senco Gold IPO.

IPO Details

IKIO Lighting IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Senco Gold IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of IKIO Lighting IPO is up to ₹606.50 Cr whereas the issue size of the Senco Gold IPO is up to ₹405.00 Cr. The final issue price of IKIO Lighting IPO is ₹285.00 per share and of Senco Gold IPO is ₹317.00 per share.

 IKIO Lighting IPOSenco Gold IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹270.00 per share₹301.00 per share
Issue Price (Upper)₹285.00 per share₹317.00 per share
Issue Price (Final)₹285.00 per share₹317.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size52 shares47 shares
Fresh Issue Size1,22,80,701 shares85,17,350 shares
Fresh Issue Size (Amount)up to ₹350.00 Crup to ₹270.00 Cr
OFS Issue Size90,00,000 shares42,58,675 shares
OFS Issue Size (Amount)up to ₹256.50 Crup to ₹135.00 Cr
Issue Size Total2,12,80,701 shares1,27,76,025 shares
Issue Size Total (Amount)up to ₹606.50 Crup to ₹405.00 Cr

IPO Timetable

IKIO Lighting IPO opens on Jun 06, 2023, while Senco Gold IPO opens on Jul 04, 2023. The closing date of IKIO Lighting IPO and Senco Gold IPO is Jun 08, 2023, and Jul 06, 2023, respectively.

 IKIO Lighting IPOSenco Gold IPO
Anchor Bid DateJun 05, 2023Jul 03, 2023
Issue OpenJun 06, 2023Jul 04, 2023
Issue CloseJun 08, 2023Jul 06, 2023
Basis Of Allotment (Tentative)Jun 13, 2023Jul 11, 2023
Initiation of Refunds (Tentative)Jun 14, 2023Jul 12, 2023
Credit of Share (Tentative)Jun 15, 2023Jul 13, 2023
Listing date (Tentative)Jun 16, 2023Jul 14, 2023
Anchor Lockin End date 1Jul 13, 2023Aug 10, 2023
Anchor Lockin End date 2Sep 11, 2023Oct 09, 2023

Financials & KPIs

IKIO Lighting IPO P/E ratio is 32.13, as compared to Senco Gold IPO P/E ratio of 15.53.

 IKIO Lighting IPOSenco Gold IPO
Financials

Company Financials (Proforma Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets335.50264.87174.45144.83
Total Income332.79334.00214.57221.83
Profit After Tax51.3550.5228.8121.41
NET Worth140.83108.8762.8635.90
Total Borrowing136.33106.5669.3646.86
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets2,905.322,100.191,559.30
Total Income4,108.543,547.412,674.92
Profit After Tax158.48129.1061.48
NET Worth944.97725.77602.51
Reserves and Surplus876.27659.46536.53
Total Borrowing1,177.17862.97532.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0076.92
Promoter Shareholding (Post-Issue)72.4668.48
P/E Ratio32.1315.53
Market Cap₹2202.50 Cr.₹2462.00 Cr.
ROE36.00%18.9%
ROCE26.00%14.2%
Debt/Equity1.031.25
EPS₹7.90₹22.93
RoNW36.46%18.96%

Shares Offered

In the IKIO Lighting IPO Retail Individual Investors (RII) are offered 74,48,246 shares while in Senco Gold IPO retail investors are offered 74,48,246 shares. Qualified Institutional Buyers (QIB) are offered 42,56,140 shares in IKIO Lighting IPO and 25,55,205 shares in Senco Gold IPO.

 IKIO Lighting IPOSenco Gold IPO
Anchor Investor Reservation63,84,209 shares38,32,807 shares
Market Maker Reservation
QIB42,56,140 shares25,55,205 shares
NII31,92,106 shares19,16,404 shares
RII74,48,246 shares44,71,609 shares
Employee
Others
Total2,12,80,701 shares1,27,76,025 shares

Bids Received (Subscription)

IKIO Lighting IPO subscribed 67.75x in total, whereas Senco Gold IPO subscribed 77.25x.

 IKIO Lighting IPOSenco Gold IPO
QIB (times)163.06x190.56x
NII (times)65.38x68.44x
Big NII (times)69.01x72.05x
Small NII (times)58.13x61.23x
RII (times)14.31x16.28x
Employee (times)
Other (times)
Total (times)67.75x77.25x

Compare with others

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IKIO Lighting IPO Vs Senco Gold IPO