Laxmi Dental IPO vs Senores Pharmaceuticals IPO

Comparison between Laxmi Dental IPO and Senores Pharmaceuticals IPO.

IPO Details

Laxmi Dental IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Senores Pharmaceuticals 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 Senores Pharmaceuticals IPO is up to ₹582.11 Cr. The final issue price of Laxmi Dental IPO is ₹428.00 per share and of Senores Pharmaceuticals IPO is ₹391.00 per share.

 Laxmi Dental IPOSenores Pharmaceuticals IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹407.00 per share₹372.00 per share
Issue Price (Upper)₹428.00 per share₹391.00 per share
Issue Price (Final)₹428.00 per share₹391.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹0.00 per share
Market Lot Size33 shares38 shares
Fresh Issue Size32,24,299 shares1,27,87,723 shares
Fresh Issue Size (Amount)up to ₹138.00 Crup to ₹500.00 Cr
OFS Issue Size1,30,85,467 shares21,00,000 shares
OFS Issue Size (Amount)up to ₹560.06 Crup to ₹82.11 Cr
Issue Size Total1,63,09,766 shares1,48,87,723 shares
Issue Size Total (Amount)up to ₹698.06 Crup to ₹582.11 Cr

IPO Timetable

Laxmi Dental IPO opens on Jan 13, 2025, while Senores Pharmaceuticals IPO opens on Dec 20, 2024. The closing date of Laxmi Dental IPO and Senores Pharmaceuticals IPO is Jan 15, 2025, and Dec 24, 2024, respectively.

 Laxmi Dental IPOSenores Pharmaceuticals IPO
Anchor Bid DateJan 10, 2025Dec 19, 2024
Issue OpenJan 13, 2025Dec 20, 2024
Issue CloseJan 15, 2025Dec 24, 2024
Basis Of Allotment (Tentative)Jan 16, 2025Dec 26, 2024
Initiation of Refunds (Tentative)Jan 17, 2025Dec 27, 2024
Credit of Share (Tentative)Jan 17, 2025Dec 27, 2024
Listing date (Tentative)Jan 20, 2025Dec 30, 2024
Anchor Lockin End date 1Feb 14, 2025Jan 24, 2025
Anchor Lockin End date 2Apr 15, 2025Mar 25, 2025

Financials & KPIs

Laxmi Dental IPO P/E ratio is 87.77, as compared to Senores Pharmaceuticals IPO P/E ratio of 39.77.

 Laxmi Dental IPOSenores Pharmaceuticals 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 Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets678.08621.88131.0559.15
Total Income183.35217.3439.0214.63
Profit After Tax23.9432.718.430.99
NET Worth319.06231.7145.5036.59
Reserves and Surplus263.36175.9435.2525.37
Total Borrowing242.03248.3860.7614.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)46.5666.67
Promoter Shareholding (Post-Issue)41.745.77
P/E Ratio87.7739.77
Market Cap₹2352.38 Cr.₹1350.70 Cr.
ROE78.78%23.60%
ROCE19.97%11.73%
Debt/Equity0.941.07
EPS₹4.88₹9.83
RoNW78.78%23.60%

Shares Offered

In the Laxmi Dental IPO Retail Individual Investors (RII) are offered 16,30,976 shares while in Senores Pharmaceuticals IPO retail investors are offered 16,30,976 shares. Qualified Institutional Buyers (QIB) are offered 48,92,931 shares in Laxmi Dental IPO and 44,43,818 shares in Senores Pharmaceuticals IPO.

 Laxmi Dental IPOSenores Pharmaceuticals IPO
Anchor Investor Reservation73,39,395 shares66,65,725 shares
Market Maker Reservation0 shares
QIB48,92,931 shares44,43,818 shares
NII24,46,464 shares22,21,908 shares
RII16,30,976 shares14,81,272 shares
Employee0 shares75,000 shares
Others
Total1,63,09,766 shares1,48,87,723 shares

Bids Received (Subscription)

Laxmi Dental IPO subscribed 114.14x in total, whereas Senores Pharmaceuticals IPO subscribed 97.86x.

 Laxmi Dental IPOSenores Pharmaceuticals IPO
QIB (times)110.38x97.84x
NII (times)147.69x100.35x
Big NII (times)167.68x95.25x
Small NII (times)107.70x111.35x
RII (times)75.10x93.16x
Employee (times)
Other (times)
Total (times)114.14x97.86x

Compare with others

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Laxmi Dental IPO Vs Senores Pharmaceuticals IPO