Iris Clothings DoReMe IPO vs Shubhlaxmi Jewel IPO

Comparision between Iris Clothings DoReMe IPO and Shubhlaxmi Jewel IPO.

IPO Details

Iris Clothings DoReMe IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shubhlaxmi Jewel IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Iris Clothings DoReMe IPO	Shubhlaxmi Jewel IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Vc Corporate Advisors Pvt Ltd (Vcapl)	Pantomath Capital Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Iris Clothings DoReMe IPO is up to ₹11.07 Cr whereas the issue size of the Shubhlaxmi Jewel IPO is up to ₹6.51 Cr. The final issue price of Iris Clothings DoReMe IPO is ₹90.00 per share and of Shubhlaxmi Jewel IPO is ₹26.00 per share.

	Iris Clothings DoReMe IPO	Shubhlaxmi Jewel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹90.00 per share	₹26.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	4000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,30,400 shares	25,04,000 shares
Issue Size Total (Amount)	up to ₹11.07 Cr	up to ₹6.51 Cr

IPO Timetable

Iris Clothings DoReMe IPO opens on Oct 10, 2018, while Shubhlaxmi Jewel IPO opens on Nov 22, 2018. The closing date of Iris Clothings DoReMe IPO and Shubhlaxmi Jewel IPO is Oct 12, 2018, and Nov 27, 2018, respectively.

	Iris Clothings DoReMe IPO	Shubhlaxmi Jewel IPO
Anchor Bid Date
Issue Open	Oct 10, 2018	Nov 22, 2018
Issue Close	Oct 12, 2018	Nov 27, 2018
Basis Of Allotment (Tentative)	Oct 17, 2018
Initiation of Refunds (Tentative)	Oct 17, 2018
Credit of Share (Tentative)	Oct 19, 2018
Listing date (Tentative)	Oct 23, 2018
Anchor Lockin End date 1	Nov 16, 2018
Anchor Lockin End date 2	Jan 15, 2019

Financials

Iris Clothings DoReMe IPO P/E ratio is , as compared to Shubhlaxmi Jewel IPO P/E ratio of .

Iris Clothings DoReMe IPO

Shubhlaxmi Jewel IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,042.83	3,978.58	3,182.40	2,661.01	2,968.46	2,893.88
Total Revenue	1,484.70	5,310.12	4,689.14	3,699.20	3,009.49	2,498.51
Profit After Tax	117.08	337.90	159.73	64.61	24.23	68.08

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-May-18	01-May-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	1,773.03	1,789.61	1,781.95	1,480.17	1,543.42	1,524.08	1,188.30
Total Revenue	203.57	408.75	4,684.91	4,343.54	4,743.38	4,514.00	697.57
Profit After Tax	3.70	11.63	82.43	64.80	36.78	129.22	3.35

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Iris Clothings DoReMe IPO retail investors (RII) are offered 5,84,000 shares while in Shubhlaxmi Jewel IPO retail investors are offered 5,84,000 shares. Qualified institutional buyers (QIB) are offered in Iris Clothings DoReMe IPO and in Shubhlaxmi Jewel IPO.

	Iris Clothings DoReMe IPO	Shubhlaxmi Jewel IPO
Anchor Investor Reserveration
Market Maker Reserveration	62,400 shares	1,28,000 shares
QIB
NII	5,84,000 shares	11,88,000 shares
RII	5,84,000 shares	11,88,000 shares
Employee
Others
Total	11,68,000 shares	23,76,000 shares

Bids Received (Subscription)

Iris Clothings DoReMe IPO subscribed 1.14x in total, whereas Shubhlaxmi Jewel IPO subscribed 4.22x.

	Iris Clothings DoReMe IPO	Shubhlaxmi Jewel IPO
QIB (times)
NII (times)	2.01x	3.03x
Big NII (times)
Small NII (times)
RII (times)	0.27x	5.41x
Employee (times)
Other (times)
Total (times)	1.14x	4.22x

Compare with others

Iris Clothings DoReMe IPO	Shubhlaxmi Jewel IPO
Agarwal Packers and Movers IPO	SR Dye-Chem IPO
Shree Krishna Infrastructure IPO	Diksha Greens IPO
Roni Households IPO	Agarwal Packers and Movers IPO
Shubhlaxmi Jewel IPO	Shree Krishna Infrastructure IPO
Ultra Wiring Connectivity IPO	Roni Households IPO
BCPL Railway Infrastructure BRIL IPO	Ultra Wiring Connectivity IPO
S M Gold IPO	Iris Clothings DoReMe IPO
AKI India IPO	BCPL Railway Infrastructure BRIL IPO
Veeram Infra Engineering IPO	S M Gold IPO
B&B Triplewall IPO	AKI India IPO

Comments

Add a public comment...