Lorenzini Apparels IPO vs Shradha Infraprojects IPO

Comparison between Lorenzini Apparels IPO and Shradha Infraprojects IPO.

IPO Details

Lorenzini Apparels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shradha Infraprojects IPO is a SME Fixed Price proposed to list at NSE 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 Shradha Infraprojects IPO is up to ₹17.92 Cr. The final issue price of Lorenzini Apparels IPO is ₹10.00 per share and of Shradha Infraprojects IPO is ₹70.00 per share.

 Lorenzini Apparels IPOShradha Infraprojects IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares2000 shares
Fresh Issue Size42,40,000 shares19,88,000 shares
Fresh Issue Size (Amount)up to ₹4.24 Crup to ₹13.92 Cr
OFS Issue Size0 shares5,72,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.00 Cr
Issue Size Total42,40,000 shares25,60,000 shares
Issue Size Total (Amount)up to ₹4.24 Crup to ₹17.92 Cr

IPO Timetable

Lorenzini Apparels IPO opens on Jan 31, 2018, while Shradha Infraprojects IPO opens on Nov 27, 2017. The closing date of Lorenzini Apparels IPO and Shradha Infraprojects IPO is Feb 06, 2018, and Nov 30, 2017, respectively.

 Lorenzini Apparels IPOShradha Infraprojects IPO
Issue OpenJan 31, 2018Nov 27, 2017
Issue CloseFeb 06, 2018Nov 30, 2017
Basis Of Allotment (Tentative)Feb 09, 2018Dec 06, 2017
Initiation of Refunds (Tentative)Feb 12, 2018
Credit of Share (Tentative)Feb 14, 2018
Listing date (Tentative)Feb 15, 2018Dec 11, 2017

Financials & KPIs

Lorenzini Apparels IPO P/E ratio is , as compared to Shradha Infraprojects IPO P/E ratio of .

 Lorenzini Apparels IPOShradha Infraprojects IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets14.9313.955.135.57
Total Income6.6316.4512.1114.16
Profit After Tax0.280.15-0.030.06
NET Worth6.183.040.420.46
Reserves and Surplus0.520.760.410.45
Total Borrowing2.342.341.822.20
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets36.6140.3060.0941.93
Total Income5.7140.6627.871.63
Profit After Tax1.484.678.710.91
NET Worth32.0230.5525.8817.17
Reserves and Surplus35.1333.6543.5435.58
Total Borrowing0.023.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)55.91%71.96%
Market Cap₹10.14 Cr.₹67.50 Cr.

Shares Offered

In the Lorenzini Apparels IPO Retail Individual Investors (RII) are offered 21,20,000 shares while in Shradha Infraprojects 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 Shradha Infraprojects IPO.

 Lorenzini Apparels IPOShradha Infraprojects IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,30,000 shares1,44,000 shares
QIB0 shares0 shares
NII21,20,000 shares12,80,000 shares
RII21,20,000 shares12,80,000 shares
Employee0 shares0 shares
Total42,40,000 shares25,60,000 shares

Bids Received (Subscription)

Lorenzini Apparels IPO subscribed 1.70x in total, whereas Shradha Infraprojects IPO subscribed 2.84x.

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Lorenzini Apparels IPO Vs Shradha Infraprojects IPO