Comparison between Laxmi Goldorna House IPO and Suratwwala Business Group IPO.
Laxmi Goldorna House IPO is a SME Fixed Price IPO proposed to list at NSE SME while Suratwwala Business Group IPO is a SME Fixed Price proposed to list at BSE SME.
| Laxmi Goldorna House IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Broking Ltd. | Hem Securities Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Hem 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 Laxmi Goldorna House IPO is up to ₹7.85 Cr whereas the issue size of the Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of Laxmi Goldorna House IPO is ₹15.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.
| Laxmi Goldorna House IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹15.00 per share | ₹15.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 8000 shares | 8000 shares |
| Fresh Issue Size | 52,32,000 shares | 43,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.85 Cr | up to ₹6.54 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 | 52,32,000 shares | 43,60,000 shares |
| Issue Size Total (Amount) | up to ₹7.85 Cr | up to ₹6.54 Cr |
Laxmi Goldorna House IPO opens on Mar 20, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of Laxmi Goldorna House IPO and Suratwwala Business Group IPO is Apr 03, 2020, and Aug 05, 2020, respectively.
| Laxmi Goldorna House IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 20, 2020 | Aug 03, 2020 |
| Issue Close | Apr 03, 2020 | Aug 05, 2020 |
| Basis Of Allotment (Tentative) | Aug 10, 2020 | |
| Initiation of Refunds (Tentative) | Aug 11, 2020 | |
| Credit of Share (Tentative) | Aug 12, 2020 | |
| Listing date (Tentative) | Apr 16, 2020 | Aug 13, 2020 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Laxmi Goldorna House IPO P/E ratio is 39, as compared to Suratwwala Business Group IPO P/E ratio of 83.
| Laxmi Goldorna House IPO | Suratwwala Business Group IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.92 | ||||
| Promoter Shareholding (Post-Issue) | 73.54 | 73.42 | ||||
| P/E Ratio | 39 | 83 | ||||
| Market Cap | ₹31.31 Cr. | ₹26.01 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Laxmi Goldorna House IPO Retail Individual Investors (RII) are offered 26,16,000 shares while in Suratwwala Business Group IPO retail investors are offered 26,16,000 shares. Qualified Institutional Buyers (QIB) are offered in Laxmi Goldorna House IPO and in Suratwwala Business Group IPO.
| Laxmi Goldorna House IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,88,000 shares | 2,40,000 shares |
| QIB | ||
| NII | 26,16,000 shares | 21,76,000 shares |
| RII | 26,16,000 shares | 21,84,000 shares |
| Employee | ||
| Others | ||
| Total | 52,32,000 shares | 43,60,000 shares |
Laxmi Goldorna House IPO subscribed 1.21x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.
| Laxmi Goldorna House IPO | Suratwwala Business Group IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.22x | 2.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.20x | 0.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 1.31x |
