Lakshya Powertech IPO vs Subam Papers IPO

Comparison between Lakshya Powertech IPO and Subam Papers IPO.

IPO Details

Lakshya Powertech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Subam Papers IPO is a SME Bookbuilding proposed to list at BSE SME.

	Lakshya Powertech IPO	Subam Papers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	GYR Capital Advisors Pvt.Ltd.	Gretex Corporate Services Ltd.
Registrar	Kfin Technologies Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Giriraj Stock Broking Pvt.Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Lakshya Powertech IPO is up to ₹47.14 Cr whereas the issue size of the Subam Papers IPO is up to ₹89.01 Cr. The final issue price of Lakshya Powertech IPO is ₹180.00 per share and of Subam Papers IPO is ₹152.00 per share.

	Lakshya Powertech IPO	Subam Papers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹171.00 per share	₹144.00 per share
Issue Price (Upper)	₹180.00 per share	₹152.00 per share
Issue Price (Final)	₹180.00 per share	₹152.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹15.00 per share
Market Lot Size	800 shares	800 shares
Fresh Issue Size	26,24,800 shares	58,56,000 shares
Fresh Issue Size (Amount)	up to ₹47.14 Cr	up to ₹89.01 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	26,24,800 shares	58,56,000 shares
Issue Size Total (Amount)	up to ₹47.14 Cr	up to ₹89.01 Cr

IPO Timetable

Lakshya Powertech IPO opens on Oct 16, 2024, while Subam Papers IPO opens on Sep 30, 2024. The closing date of Lakshya Powertech IPO and Subam Papers IPO is Oct 18, 2024, and Oct 03, 2024, respectively.

	Lakshya Powertech IPO	Subam Papers IPO
Anchor Bid Date	Oct 15, 2024	Sep 27, 2024
Issue Open	Oct 16, 2024	Sep 30, 2024
Issue Close	Oct 18, 2024	Oct 03, 2024
Basis Of Allotment (Tentative)	Oct 21, 2024	Oct 04, 2024
Initiation of Refunds (Tentative)	Oct 22, 2024	Oct 07, 2024
Credit of Share (Tentative)	Oct 22, 2024	Oct 07, 2024
Listing date (Tentative)	Oct 23, 2024	Oct 08, 2024
Anchor Lockin End date 1	Nov 19, 2024	Nov 03, 2024
Anchor Lockin End date 2	Jan 18, 2025	Jan 02, 2025

Financials & KPIs

Lakshya Powertech IPO P/E ratio is 8.39, as compared to Subam Papers IPO P/E ratio of 7.77.

Lakshya Powertech IPO

Subam Papers IPO

Financials

Lakshya Powertech Limited Financial Information (Restated)

Lakshya Powertech Limited's revenue increased by 181% and profit after tax (PAT) rose by 478% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Aug 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	9,415.91	8,246.31	3,334.85	1,758.89
Total Income	5,815.38	14,941.92	5,311.21	3,421.39
Profit After Tax	597.11	1,567.77	271.09	104.58
Net Worth	3,770.8	3,173.71	660.98	389.89
Reserves and Surplus	3,039.69	2,442.6	650.98	379.89
Total Borrowing	2,916.59	2,900.04	1,448.67	590.43
Amount in ₹ Lakhs

Subam Papers Limited Financial Information (Restated Consolidated)

Subam Papers Limited's revenue decreased by -3% and profit after tax (PAT) rose by 12574% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	46,046.1	41,434.65	39,418.33
Total Income	49,697.31	51,062.36	33,259.87
Profit After Tax	3,341.8	-26.79	2,600.23
Net Worth	19,904.12	16,562.32	16,589.11
Reserves and Surplus	19,741.35	16,399.55	16,426.34
Total Borrowing	18,340.77	16,282.61	15,573.37
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.84

94.81

Promoter Shareholding (Post-Issue)

69.67

P/E Ratio

8.39

7.77

Market Cap

₹181.51 Cr.

₹353.32 Cr.

ROE

16%

16.79%

ROCE

13.41%

20.84%

Debt/Equity

0.83

0.92

EPS

₹21.44

₹19.57

RoNW

15.84%

16.79%

Shares Offered

In the Lakshya Powertech IPO Retail Individual Investors (RII) are offered 8,96,000 shares while in Subam Papers IPO retail investors are offered 8,96,000 shares. Qualified Institutional Buyers (QIB) are offered 5,16,800 shares in Lakshya Powertech IPO and 11,71,200 shares in Subam Papers IPO.

	Lakshya Powertech IPO	Subam Papers IPO
Anchor Investor Reserveration	7,44,000 shares	17,56,800 shares
Market Maker Reserveration	1,48,000 shares	3,08,800 shares
QIB	5,16,800 shares	11,71,200 shares
NII	3,96,000 shares	8,78,400 shares
RII	8,96,000 shares	20,49,600 shares
Employee	72,000 shares
Others
Total	26,24,800 shares	58,56,000 shares

Bids Received (Subscription)

Lakshya Powertech IPO subscribed 573.36x in total, whereas Subam Papers IPO subscribed 92.93x.

	Lakshya Powertech IPO	Subam Papers IPO
QIB (times)	212.18x	57.18x
NII (times)	1,117.75x	243.16x
Big NII (times)
Small NII (times)
RII (times)	590.26x	48.97x
Employee (times)
Other (times)
Total (times)	573.36x	92.93x

Compare with others

Lakshya Powertech IPO	Subam Papers IPO
United Heat Transfer IPO	Lakshya Powertech IPO
Danish Power IPO	Pranik Logistics IPO
Premium Plast IPO	Shiv Texchem IPO
Usha Financial IPO	Khyati Global Ventures IPO
Freshara Agro Exports IPO	NeoPolitan Pizza IPO
Pranik Logistics IPO	Paramount Dye Tec IPO
Shiv Texchem IPO	HVAX Technologies IPO
Khyati Global Ventures IPO	Nexxus Petro Industries IPO
NeoPolitan Pizza IPO	Forge Auto International IPO
Subam Papers IPO	Sahasra Electronic Solutions IPO