Comparison between Laxmi India Finance IPO and Sri Lotus Developers IPO.
Laxmi India Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sri Lotus Developers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Laxmi India Finance IPO is up to ₹254.26 Cr whereas the issue size of the Sri Lotus Developers IPO is up to ₹792.00 Cr. The final issue price of Laxmi India Finance IPO is ₹158.00 per share and of Sri Lotus Developers IPO is ₹150.00 per share.
| Laxmi India Finance IPO | Sri Lotus Developers IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹1 per share |
| Issue Price (Lower) | ₹150.00 per share | ₹140.00 per share |
| Issue Price (Upper) | ₹158.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹158.00 per share | ₹150.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹14.00 per share | |
| Market Lot Size | 94 shares | 100 shares |
| Fresh Issue Size | 1,04,53,575 shares | 5,28,13,724 shares |
| Fresh Issue Size (Amount) | up to ₹165.17 Cr | up to ₹792.00 Cr |
| OFS Issue Size | 56,38,620 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹89.09 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,60,92,195 shares | 5,28,13,724 shares |
| Issue Size Total (Amount) | up to ₹254.26 Cr | up to ₹792.00 Cr |
Laxmi India Finance IPO opens on Jul 29, 2025, while Sri Lotus Developers IPO opens on Jul 30, 2025. The closing date of Laxmi India Finance IPO and Sri Lotus Developers IPO is Jul 31, 2025, and Aug 01, 2025, respectively.
| Laxmi India Finance IPO | Sri Lotus Developers IPO | |
|---|---|---|
| Anchor Bid Date | Jul 28, 2025 | Jul 29, 2025 |
| Issue Open | Jul 29, 2025 | Jul 30, 2025 |
| Issue Close | Jul 31, 2025 | Aug 01, 2025 |
| Basis Of Allotment (Tentative) | Aug 01, 2025 | Aug 04, 2025 |
| Initiation of Refunds (Tentative) | Aug 04, 2025 | Aug 05, 2025 |
| Credit of Share (Tentative) | Aug 04, 2025 | Aug 05, 2025 |
| Listing date (Tentative) | Aug 05, 2025 | Aug 06, 2025 |
| Anchor Lockin End date 1 | Aug 30, 2025 | Sep 02, 2025 |
| Anchor Lockin End date 2 | Oct 29, 2025 | Nov 01, 2025 |
Laxmi India Finance IPO P/E ratio is 18.35, as compared to Sri Lotus Developers IPO P/E ratio of 28.69.
| Laxmi India Finance IPO | Sri Lotus Developers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Laxmi India Finance Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 60% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Sri Lotus Developers & Realty Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 91% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 89.05 | 91.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.45 | 81.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.35 | 28.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹825.83 Cr. | ₹7330.65 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.39% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.22% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.42 | 0.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.61 | ₹5.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.95% | 24.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Laxmi India Finance IPO Retail Individual Investors (RII) are offered 55,75,944 shares while in Sri Lotus Developers IPO retail investors are offered 55,75,944 shares. Qualified Institutional Buyers (QIB) are offered 31,86,253 shares in Laxmi India Finance IPO and 1,05,33,333 shares in Sri Lotus Developers IPO.
| Laxmi India Finance IPO | Sri Lotus Developers IPO | |
|---|---|---|
| Anchor Investor Reservation | 47,79,379 shares | 1,57,99,999 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 31,86,253 shares | 1,05,33,333 shares |
| NII | 23,89,691 shares | 79,00,000 shares |
| RII | 55,75,944 shares | 1,84,33,334 shares |
| Employee | 1,60,928 shares | 1,47,058 shares |
| Others | ||
| Total | 1,60,92,195 shares | 5,28,13,724 shares |
Laxmi India Finance IPO subscribed 1.86x in total, whereas Sri Lotus Developers IPO subscribed 74.10x.
| Laxmi India Finance IPO | Sri Lotus Developers IPO | |
|---|---|---|
| QIB (times) | 1.30x | 175.61x |
| NII (times) | 1.83x | 61.82x |
| Big NII (times) | 1.82x | 59.13x |
| Small NII (times) | 1.87x | 67.22x |
| RII (times) | 2.20x | 21.77x |
| Employee (times) | 1.54x | 21.37x |
| Other (times) | ||
| Total (times) | 1.86x | 74.10x |
