Laxmi Dental IPO vs Stallion India Fluorochemicals IPO

Comparison between Laxmi Dental IPO and Stallion India Fluorochemicals IPO.

IPO Details

Laxmi Dental IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Stallion India Fluorochemicals 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 Stallion India Fluorochemicals IPO is up to ₹199.45 Cr. The final issue price of Laxmi Dental IPO is ₹428.00 per share and of Stallion India Fluorochemicals IPO is ₹90.00 per share.

 Laxmi Dental IPOStallion India Fluorochemicals IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹407.00 per share₹85.00 per share
Issue Price (Upper)₹428.00 per share₹90.00 per share
Issue Price (Final)₹428.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size33 shares165 shares
Fresh Issue Size32,24,299 shares1,78,58,740 shares
Fresh Issue Size (Amount)up to ₹138.00 Crup to ₹160.73 Cr
OFS Issue Size1,30,85,467 shares43,02,656 shares
OFS Issue Size (Amount)up to ₹560.06 Crup to ₹38.72 Cr
Issue Size Total1,63,09,766 shares2,21,61,396 shares
Issue Size Total (Amount)up to ₹698.06 Crup to ₹199.45 Cr

IPO Timetable

Laxmi Dental IPO opens on Jan 13, 2025, while Stallion India Fluorochemicals IPO opens on Jan 16, 2025. The closing date of Laxmi Dental IPO and Stallion India Fluorochemicals IPO is Jan 15, 2025, and Jan 20, 2025, respectively.

 Laxmi Dental IPOStallion India Fluorochemicals IPO
Anchor Bid DateJan 10, 2025Jan 15, 2025
Issue OpenJan 13, 2025Jan 16, 2025
Issue CloseJan 15, 2025Jan 20, 2025
Basis Of Allotment (Tentative)Jan 16, 2025Jan 21, 2025
Initiation of Refunds (Tentative)Jan 17, 2025Jan 22, 2025
Credit of Share (Tentative)Jan 17, 2025Jan 22, 2025
Listing date (Tentative)Jan 20, 2025Jan 23, 2025
Anchor Lockin End date 1Feb 14, 2025Feb 20, 2025
Anchor Lockin End date 2Apr 15, 2025Apr 21, 2025

Financials & KPIs

Laxmi Dental IPO P/E ratio is 87.77, as compared to Stallion India Fluorochemicals IPO P/E ratio of 37.41.

 Laxmi Dental IPOStallion India Fluorochemicals 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)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets235.69203.14126.1898.01
Total Income141.53236.23226.06186.34
Profit After Tax16.5714.799.7521.11
NET Worth134.53117.9670.7060.94
Total Borrowing81.0565.3518.271.97
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)46.5694.63
Promoter Shareholding (Post-Issue)41.767.9
P/E Ratio87.7737.41
Market Cap₹2352.38 Cr.₹713.93 Cr.
ROE78.78%12.54%
ROCE19.97%13.96%
Debt/Equity0.940.55
EPS₹4.88₹2.41
RoNW78.78%12.54%

Shares Offered

In the Laxmi Dental IPO Retail Individual Investors (RII) are offered 16,30,976 shares while in Stallion India Fluorochemicals IPO retail investors are offered 16,30,976 shares. Qualified Institutional Buyers (QIB) are offered 48,92,931 shares in Laxmi Dental IPO and 44,32,279 shares in Stallion India Fluorochemicals IPO.

 Laxmi Dental IPOStallion India Fluorochemicals IPO
Anchor Investor Reservation73,39,395 shares66,48,418 shares
Market Maker Reservation0 shares0 shares
QIB48,92,931 shares44,32,279 shares
NII24,46,464 shares33,24,210 shares
RII16,30,976 shares77,56,489 shares
Employee0 shares0 shares
Others
Total1,63,09,766 shares2,21,61,396 shares

Bids Received (Subscription)

Laxmi Dental IPO subscribed 114.14x in total, whereas Stallion India Fluorochemicals IPO subscribed 188.32x.

 Laxmi Dental IPOStallion India Fluorochemicals IPO
QIB (times)110.38x172.93x
NII (times)147.69x422.35x
Big NII (times)167.68x472.89x
Small NII (times)107.70x321.29x
RII (times)75.10x96.81x
Employee (times)
Other (times)
Total (times)114.14x188.32x

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Laxmi Dental IPO Vs Stallion India Fluorochemicals IPO