Comparison between Lagnam Spintex IPO and Synergy Green Industries IPO.
Lagnam Spintex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Lagnam Spintex IPO | Synergy Green Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. BOI Merchant Bankers Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Maverick Share Brokers Pvt.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 Lagnam Spintex IPO is up to ₹23.37 Cr whereas the issue size of the Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Lagnam Spintex IPO is ₹41.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.
| Lagnam Spintex IPO | Synergy Green Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹41.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 57,00,000 shares | 35,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.37 Cr | up to ₹25.12 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 | 57,00,000 shares | 35,88,000 shares |
| Issue Size Total (Amount) | up to ₹23.37 Cr | up to ₹25.12 Cr |
Lagnam Spintex IPO opens on Sep 04, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Lagnam Spintex IPO and Synergy Green Industries IPO is Sep 07, 2018, and Sep 11, 2018, respectively.
| Lagnam Spintex IPO | Synergy Green Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 04, 2018 | Sep 04, 2018 |
| Issue Close | Sep 07, 2018 | Sep 11, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 18, 2018 | Sep 21, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Lagnam Spintex IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .
| Lagnam Spintex IPO | Synergy Green Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹72.44 Cr. | ₹98.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Lagnam Spintex IPO Retail Individual Investors (RII) are offered 28,50,000 shares while in Synergy Green Industries IPO retail investors are offered 28,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Lagnam Spintex IPO and in Synergy Green Industries IPO.
| Lagnam Spintex IPO | Synergy Green Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,00,000 shares | 1,92,000 shares |
| QIB | ||
| NII | 28,50,000 shares | 17,94,000 shares |
| RII | 28,50,000 shares | 17,94,000 shares |
| Employee | ||
| Others | ||
| Total | 57,00,000 shares | 35,88,000 shares |
Lagnam Spintex IPO subscribed 4.75x in total, whereas Synergy Green Industries IPO subscribed 1.13x.
| Lagnam Spintex IPO | Synergy Green Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.86x | 1.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.65x | 0.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.75x | 1.13x |
