Lorenzini Apparels IPO vs Silver Touch Technologies IPO

Comparison between Lorenzini Apparels IPO and Silver Touch Technologies IPO.

IPO Details

Lorenzini Apparels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Silver Touch Technologies 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 Silver Touch Technologies IPO is up to ₹38.12 Cr. The final issue price of Lorenzini Apparels IPO is ₹10.00 per share and of Silver Touch Technologies IPO is ₹121.00 per share.

 Lorenzini Apparels IPOSilver Touch Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares1000 shares
Fresh Issue Size42,40,000 shares0 shares
Fresh Issue Size (Amount)up to ₹4.24 Crup to ₹0.00 Cr
OFS Issue Size0 shares31,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹38.12 Cr
Issue Size Total42,40,000 shares31,50,000 shares
Issue Size Total (Amount)up to ₹4.24 Crup to ₹38.12 Cr

IPO Timetable

Lorenzini Apparels IPO opens on Jan 31, 2018, while Silver Touch Technologies IPO opens on Nov 20, 2017. The closing date of Lorenzini Apparels IPO and Silver Touch Technologies IPO is Feb 06, 2018, and Nov 23, 2017, respectively.

Financials & KPIs

Lorenzini Apparels IPO P/E ratio is , as compared to Silver Touch Technologies IPO P/E ratio of 18.

 Lorenzini Apparels IPOSilver Touch Technologies 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
Assets106.9874.88105.9984.34
Total Income47.77119.87139.05115.85
Profit After Tax2.304.213.002.11
NET Worth40.3338.0329.1231.49
Reserves and Surplus33.0036.3032.4329.76
Total Borrowing18.9414.9021.7119.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%88.84%
Promoter Shareholding (Post-Issue)55.91%62.45%
P/E Ratio18
Market Cap₹10.14 Cr.₹152.40 Cr.

Shares Offered

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

 Lorenzini Apparels IPOSilver Touch Technologies IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,30,000 shares1,74,000 shares
QIB0 shares0 shares
NII21,20,000 shares15,75,000 shares
RII21,20,000 shares15,75,000 shares
Employee0 shares0 shares
Total42,40,000 shares31,50,000 shares

Bids Received (Subscription)

Lorenzini Apparels IPO subscribed 1.70x in total, whereas Silver Touch Technologies IPO subscribed 10.98x.

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Lorenzini Apparels IPO Vs Silver Touch Technologies IPO