Freshara Agro Exports IPO vs Lakshya Powertech IPO

Comparision between Freshara Agro Exports IPO and Lakshya Powertech IPO.

IPO Details

Freshara Agro Exports IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Lakshya Powertech IPO is a SME Book Built Issue proposed to list at NSE SME.

	Freshara Agro Exports IPO	Lakshya Powertech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	GYR Capital Advisors Private Limited
Registrar	Purva Sharegistry India Pvt Ltd	Kfin Technologies Limited
Market Maker	Giriraj Stock Broking Private Limited	Giriraj Stock Broking Private Limited
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 Freshara Agro Exports IPO is up to ₹75.39 Cr whereas the issue size of the Lakshya Powertech IPO is up to ₹49.91 Cr. The final issue price of Freshara Agro Exports IPO is ₹116.00 per share and of Lakshya Powertech IPO is ₹180.00 per share.

	Freshara Agro Exports IPO	Lakshya Powertech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹110.00 per share	₹171.00 per share
Issue Price (Upper)	₹116.00 per share	₹180.00 per share
Issue Price (Final)	₹116.00 per share	₹180.00 per share
Discount (Retail)
Discount (Employee)		₹15.00 per share
Market Lot Size	1200 shares	800 shares
Fresh Issue Size	64,99,200 shares	27,72,800 shares
Fresh Issue Size (Amount)	up to ₹75.39 Cr	up to ₹49.91 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,99,200 shares	27,72,800 shares
Issue Size Total (Amount)	up to ₹75.39 Cr	up to ₹49.91 Cr

IPO Timetable

Freshara Agro Exports IPO opens on Oct 17, 2024, while Lakshya Powertech IPO opens on Oct 16, 2024. The closing date of Freshara Agro Exports IPO and Lakshya Powertech IPO is Oct 21, 2024, and Oct 18, 2024, respectively.

	Freshara Agro Exports IPO	Lakshya Powertech IPO
Anchor Bid Date	Oct 16, 2024	Oct 15, 2024
Issue Open	Oct 17, 2024	Oct 16, 2024
Issue Close	Oct 21, 2024	Oct 18, 2024
Basis Of Allotment (Tentative)	Oct 22, 2024	Oct 21, 2024
Initiation of Refunds (Tentative)	Oct 23, 2024	Oct 22, 2024
Credit of Share (Tentative)	Oct 23, 2024	Oct 22, 2024
Listing date (Tentative)	Oct 24, 2024	Oct 23, 2024
Anchor Lockin End date 1	Nov 21, 2024	Nov 19, 2024
Anchor Lockin End date 2	Jan 20, 2025	Jan 18, 2025

Financials

Freshara Agro Exports IPO P/E ratio is 9.04, as compared to Lakshya Powertech IPO P/E ratio of 8.39.

Freshara Agro Exports IPO

Lakshya Powertech IPO

Financial

Freshara Agro Exports Limited Financial Information (Restated)

Freshara Agro Exports Limited's revenue increased by 56% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	16,599.73	16,657.8	8,490.64	5,887.64
Revenue	10,746.11	19,819.58	12,700.22	11,840.68
Profit After Tax	1,137.81	2,182.41	908.2	97.36
Net Worth	3,834.58	2,696.77	1,855.49	931.58
Reserves and Surplus	2,134.58	996.77
Total Borrowing	10,625.22	10,755.98	4,173.89	3,479.1
Amount in ₹ Lakhs

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
Revenue	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

Promoter Shareholding (Pre-Issue)

86.50%

96.84%

Promoter Shareholding (Post-Issue)

P/E Ratio

9.04

8.39

Market Cap

₹272.59 Cr.

₹181.51 Cr.

ROE

16%%

ROCE

12.31%%

13.41%%

Debt/Equity

2.77

0.83

EPS

₹12.84

₹21.44

RoNW

29.67%%

15.84%%

Shares Offered

In the Freshara Agro Exports IPO retail investors (RII) are offered 20,59,200 shares while in Lakshya Powertech IPO retail investors are offered 20,59,200 shares. Qualified institutional buyers (QIB) are offered 11,76,000 shares in Freshara Agro Exports IPO and 5,24,800 shares in Lakshya Powertech IPO.

	Freshara Agro Exports IPO	Lakshya Powertech IPO
Anchor Investor Reserveration	17,61,600 shares	7,44,000 shares
Market Maker Reserveration	6,19,200 shares	1,48,000 shares
QIB	11,76,000 shares	5,24,800 shares
NII	8,83,200 shares	3,96,000 shares
RII	20,59,200 shares	8,96,000 shares
Employee	0 shares	0 shares
Others
Total	41,18,400 shares	18,88,800 shares

Bids Received (Subscription)

Freshara Agro Exports IPO subscribed 236.80x in total, whereas Lakshya Powertech IPO subscribed 573.36x.

	Freshara Agro Exports IPO	Lakshya Powertech IPO
QIB (times)	129.22x	212.18x
NII (times)	510.61x	1,117.75x
Big NII (times)
Small NII (times)
RII (times)	180.80x	590.26x
Employee (times)
Other (times)
Total (times)	236.80x	573.36x

Compare with others

Freshara Agro Exports IPO	Lakshya Powertech IPO
OBSC Perfection IPO	United Heat Transfer IPO
United Heat Transfer IPO	Danish Power IPO
Danish Power IPO	Premium Plast IPO
Premium Plast IPO	Usha Financial Services IPO
Usha Financial Services IPO	Freshara Agro Exports IPO
Lakshya Powertech IPO	Pranik Logistics IPO
Pranik Logistics IPO	Shiv Texchem IPO
Shiv Texchem IPO	Khyati Global Ventures IPO
Khyati Global Ventures IPO	NeoPolitan Pizza and Foods IPO
NeoPolitan Pizza and Foods IPO	Subam Papers IPO

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