Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Lakshya Powertech IPO vs United Heat Transfer IPO

Comparison between Lakshya Powertech IPO and United Heat Transfer IPO.

IPO Details

Lakshya Powertech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while United Heat Transfer IPO is a SME Bookbuilding proposed to list at NSE SME.

 Lakshya Powertech IPOUnited Heat Transfer IPO
LogoLakshya Powertech IPO LogoUnited Heat Transfer IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Swastika Investmart Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Swastika Investmart Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO 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 United Heat Transfer IPO is up to ₹28.49 Cr. The final issue price of Lakshya Powertech IPO is ₹180.00 per share and of United Heat Transfer IPO is ₹59.00 per share.

 Lakshya Powertech IPOUnited Heat Transfer IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹171.00 per share₹56.00 per share
Issue Price (Upper)₹180.00 per share₹59.00 per share
Issue Price (Final)₹180.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size800 shares2000 shares
Fresh Issue Size26,24,800 shares48,28,000 shares
Fresh Issue Size (Amount)up to ₹47.14 Crup to ₹28.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,24,800 shares48,28,000 shares
Issue Size Total (Amount)up to ₹47.14 Crup to ₹28.49 Cr

IPO Timetable

Lakshya Powertech IPO opens on Oct 16, 2024, while United Heat Transfer IPO opens on Oct 22, 2024. The closing date of Lakshya Powertech IPO and United Heat Transfer IPO is Oct 18, 2024, and Oct 24, 2024, respectively.

 Lakshya Powertech IPOUnited Heat Transfer IPO
Anchor Bid DateOct 15, 2024Oct 21, 2024
Issue OpenOct 16, 2024Oct 22, 2024
Issue CloseOct 18, 2024Oct 24, 2024
Basis Of Allotment (Tentative)Oct 21, 2024Oct 25, 2024
Initiation of Refunds (Tentative)Oct 22, 2024Oct 28, 2024
Credit of Share (Tentative)Oct 22, 2024Oct 28, 2024
Listing date (Tentative)Oct 23, 2024Oct 29, 2024
Anchor Lockin End date 1Nov 19, 2024Nov 23, 2024
Anchor Lockin End date 2Jan 18, 2025Jan 22, 2025

Financials & KPIs

Lakshya Powertech IPO P/E ratio is 8.39, as compared to United Heat Transfer IPO P/E ratio of 13.16.

 Lakshya Powertech IPOUnited Heat Transfer 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 Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets9,415.918,246.313,334.851,758.89
Total Income5,815.3814,941.925,311.213,421.39
Profit After Tax597.111,567.77271.09104.58
Net Worth3,770.83,173.71660.98389.89
Reserves and Surplus3,039.692,442.6650.98379.89
Total Borrowing2,916.592,900.041,448.67590.43
Amount in ₹ Lakhs

United Heat Transfer Limited Financial Information (Restated)

United Heat Transfer Limited's revenue decreased by -9% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,230.037,046.676,481.526,262.36
Total Income2,120.016,409.557,040.154,796.11
Profit After Tax242.53623.85211.54152.67
Net Worth2,865.242,037.711,413.861,202.32
Reserves and Surplus1,473.24762.71988.86777.32
Total Borrowing3,202.133,692.183,295.183,761.47
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.8491.59
Promoter Shareholding (Post-Issue)67.09
P/E Ratio8.3913.16
Market Cap₹181.51 Cr.₹112.12 Cr.
ROE16%8.46%
ROCE13.41%10.79%
Debt/Equity0.831.12
EPS₹21.44₹4.48
RoNW15.84%8.46%

Shares Offered

In the Lakshya Powertech IPO Retail Individual Investors (RII) are offered 8,96,000 shares while in United Heat Transfer IPO retail investors are offered 8,96,000 shares. Qualified Institutional Buyers (QIB) are offered 5,16,800 shares in Lakshya Powertech IPO and 9,74,000 shares in United Heat Transfer IPO.

 Lakshya Powertech IPOUnited Heat Transfer IPO
Anchor Investor Reserveration7,44,000 shares14,34,000 shares
Market Maker Reserveration1,48,000 shares2,56,000 shares
QIB5,16,800 shares9,74,000 shares
NII3,96,000 shares7,28,000 shares
RII8,96,000 shares16,92,000 shares
Employee72,000 shares
Others
Total26,24,800 shares48,28,000 shares

Bids Received (Subscription)

Lakshya Powertech IPO subscribed 573.36x in total, whereas United Heat Transfer IPO subscribed 83.70x.

 Lakshya Powertech IPOUnited Heat Transfer IPO
QIB (times)212.18x26.56x
NII (times)1,117.75x124.72x
Big NII (times)
Small NII (times)
RII (times)590.26x98.93x
Employee (times)
Other (times)
Total (times)573.36x83.70x