Comparison between Le Merite Exports IPO and Sunrise Efficient Marketing IPO.
Le Merite Exports IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunrise Efficient Marketing IPO is a SME Fixed Price proposed to list at BSE SME.
| Le Merite Exports IPO | Sunrise Efficient Marketing IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | Rikhav Securities 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 Sunrise Efficient Marketing IPO is up to ₹15.75 Cr. The final issue price of Le Merite Exports IPO is ₹75.00 per share and of Sunrise Efficient Marketing IPO is ₹121.00 per share.
| Le Merite Exports IPO | Sunrise Efficient Marketing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹121.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 60,64,000 shares | 13,02,000 shares |
| Fresh Issue Size (Amount) | up to ₹45.48 Cr | up to ₹15.75 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 | 13,02,000 shares |
| Issue Size Total (Amount) | up to ₹45.48 Cr | up to ₹15.75 Cr |
Le Merite Exports IPO opens on Apr 25, 2022, while Sunrise Efficient Marketing IPO opens on Mar 30, 2022. The closing date of Le Merite Exports IPO and Sunrise Efficient Marketing IPO is Apr 28, 2022, and Apr 05, 2022, respectively.
| Le Merite Exports IPO | Sunrise Efficient Marketing IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 25, 2022 | Mar 30, 2022 |
| Issue Close | Apr 28, 2022 | Apr 05, 2022 |
| Basis Of Allotment (Tentative) | Apr 08, 2022 | |
| Initiation of Refunds (Tentative) | Apr 11, 2022 | |
| Credit of Share (Tentative) | Apr 12, 2022 | |
| Listing date (Tentative) | May 09, 2022 | Apr 12, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Le Merite Exports IPO P/E ratio is 11.09, as compared to Sunrise Efficient Marketing IPO P/E ratio of 9.7.
| Le Merite Exports IPO | Sunrise Efficient Marketing IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | 72.40 | |||||
| P/E Ratio | 11.09 | 9.7 | ||||
| Market Cap | ₹176.11 Cr. | ₹60.50 Cr. | ||||
| ROE | 28.99 | |||||
| ROCE | 43.03 | |||||
| Debt/Equity | ||||||
| EPS | ₹41.31 | ₹2.10 | ||||
| RoNW | 28.99 | 15.52 |
In the Le Merite Exports IPO Retail Individual Investors (RII) are offered 30,32,000 shares while in Sunrise Efficient Marketing IPO retail investors are offered 30,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Le Merite Exports IPO and in Sunrise Efficient Marketing IPO.
| Le Merite Exports IPO | Sunrise Efficient Marketing IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,36,000 shares | 78,000 shares |
| QIB | ||
| NII | 30,32,000 shares | 6,51,000 shares |
| RII | 30,32,000 shares | 6,51,000 shares |
| Employee | ||
| Others | ||
| Total | 60,64,000 shares | 13,02,000 shares |
Le Merite Exports IPO subscribed 15.69x in total, whereas Sunrise Efficient Marketing IPO subscribed 1.46x.
| Le Merite Exports IPO | Sunrise Efficient Marketing IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 15.27x | 1.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.10x | 1.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.69x | 1.46x |
