Comparison between Le Merite Exports IPO and Sonu Infratech IPO.
Le Merite Exports IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sonu Infratech IPO is a SME Fixed Price proposed to list at NSE SME.
| Le Merite Exports IPO | Sonu Infratech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Le Merite Exports IPO is up to ₹45.48 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Le Merite Exports IPO is ₹75.00 per share and of Sonu Infratech IPO is ₹36.00 per share.
| Le Merite Exports IPO | Sonu Infratech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 60,64,000 shares | 22,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹45.48 Cr | up to ₹8.21 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 60,64,000 shares | 22,80,000 shares |
| Issue Size Total (Amount) | up to ₹45.48 Cr | up to ₹8.21 Cr |
Le Merite Exports IPO opens on Apr 25, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Le Merite Exports IPO and Sonu Infratech IPO is Apr 28, 2022, and May 05, 2022, respectively.
| Le Merite Exports IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 25, 2022 | Apr 29, 2022 |
| Issue Close | Apr 28, 2022 | May 05, 2022 |
| Basis Of Allotment (Tentative) | May 10, 2022 | |
| Initiation of Refunds (Tentative) | May 11, 2022 | |
| Credit of Share (Tentative) | May 12, 2022 | |
| Listing date (Tentative) | May 09, 2022 | May 13, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Le Merite Exports IPO P/E ratio is 11.09, as compared to Sonu Infratech IPO P/E ratio of 15.79.
| Le Merite Exports IPO | Sonu Infratech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 94.28 | ||||
| Promoter Shareholding (Post-Issue) | 65.45 | |||||
| P/E Ratio | 11.09 | 15.79 | ||||
| Market Cap | ₹176.11 Cr. | ₹28.26 Cr. | ||||
| ROE | 28.99 | 16.38 | ||||
| ROCE | 43.03 | 9.7 | ||||
| Debt/Equity | 3.65 | |||||
| EPS | ₹41.31 | ₹2.57 | ||||
| RoNW | 28.99 | 15.14 |
In the Le Merite Exports IPO Retail Individual Investors (RII) are offered 30,32,000 shares while in Sonu Infratech IPO retail investors are offered 30,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Le Merite Exports IPO and in Sonu Infratech IPO.
| Le Merite Exports IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,36,000 shares | 1,20,000 shares |
| QIB | ||
| NII | 30,32,000 shares | 11,40,000 shares |
| RII | 30,32,000 shares | 11,40,000 shares |
| Employee | ||
| Others | ||
| Total | 60,64,000 shares | 22,80,000 shares |
Le Merite Exports IPO subscribed 15.69x in total, whereas Sonu Infratech IPO subscribed 16.52x.
| Le Merite Exports IPO | Sonu Infratech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 15.27x | 13.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.10x | 19.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.69x | 16.52x |
