ITCONS E-Solutions IPO vs Lead Reclaim and Rubber Products IPO

Comparision between ITCONS E-Solutions IPO and Lead Reclaim and Rubber Products IPO.

IPO Details

ITCONS E-Solutions IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Lead Reclaim and Rubber Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	ITCONS E-Solutions IPO	Lead Reclaim and Rubber Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Fedex Securities�Pvt Ltd
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Svcm Securities Private Limited
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 ITCONS E-Solutions IPO is up to ₹8.67 Cr whereas the issue size of the Lead Reclaim and Rubber Products IPO is up to ₹4.88 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of Lead Reclaim and Rubber Products IPO is ₹25.00 per share.

	ITCONS E-Solutions IPO	Lead Reclaim and Rubber Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹25.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	6000 shares
Fresh Issue Size	17,00,000 shares	19,50,000 shares
Fresh Issue Size (Amount)	up to ₹8.67 Cr	up to ₹4.88 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	17,00,000 shares	19,50,000 shares
Issue Size Total (Amount)	up to ₹8.67 Cr	up to ₹4.88 Cr

IPO Timetable

ITCONS E-Solutions IPO opens on Feb 28, 2023, while Lead Reclaim and Rubber Products IPO opens on Feb 09, 2023. The closing date of ITCONS E-Solutions IPO and Lead Reclaim and Rubber Products IPO is Mar 02, 2023, and Feb 13, 2023, respectively.

	ITCONS E-Solutions IPO	Lead Reclaim and Rubber Products IPO
Anchor Bid Date
Issue Open	Feb 28, 2023	Feb 09, 2023
Issue Close	Mar 02, 2023	Feb 13, 2023
Basis Of Allotment (Tentative)	Mar 08, 2023	Feb 16, 2023
Initiation of Refunds (Tentative)	Mar 09, 2023	Feb 17, 2023
Credit of Share (Tentative)	Mar 10, 2023	Feb 20, 2023
Listing date (Tentative)	Mar 13, 2023	Feb 21, 2023
Anchor Lockin End date 1	Apr 07, 2023	Mar 18, 2023
Anchor Lockin End date 2	Jun 06, 2023	May 17, 2023

Financials

ITCONS E-Solutions IPO P/E ratio is 12.09, as compared to Lead Reclaim and Rubber Products IPO P/E ratio of 25.77.

ITCONS E-Solutions IPO

Lead Reclaim and Rubber Products IPO

Financial

ITCONS E-Solutions Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	351.17	834.95	10.57	96.78	95.64	145.06
31-Mar-21	341.21	842.48	7.53	104.31	103.17	136.33
31-Mar-22	470.71	1,820.36	119.11	223.42	222.28	106.23
30-Sep-22	792.37	1,605.05	106.12	462.23	129.36	176.70
Amount in ₹ Lakhs

Lead Reclaim and Rubber Products Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	532.45	483.67	36.36	17.47	-2.68	377.25
31-Mar-21	594.88	706.26	22.74	40.20	20.05	394.67
31-Mar-22	704.32	1,036.93	47.87	289.57	67.92	269.30
30-Sep-22	994.65	498.99	35.55	555.63	241.78	271.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

89.67%

86.48%

Promoter Shareholding (Post-Issue)

59.36%

63.51%

P/E Ratio

12.09

25.77

Market Cap

₹25.65 Cr.

₹18.35 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the ITCONS E-Solutions IPO retail investors (RII) are offered 8,08,000 shares while in Lead Reclaim and Rubber Products IPO retail investors are offered 8,08,000 shares. Qualified institutional buyers (QIB) are offered in ITCONS E-Solutions IPO and in Lead Reclaim and Rubber Products IPO.

	ITCONS E-Solutions IPO	Lead Reclaim and Rubber Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	86,000 shares	1,02,000 shares
QIB
NII	8,06,000 shares	9,24,000 shares
RII	8,08,000 shares	9,24,000 shares
Employee
Others
Total	16,14,000 shares	18,48,000 shares

Bids Received (Subscription)

ITCONS E-Solutions IPO subscribed 16.79x in total, whereas Lead Reclaim and Rubber Products IPO subscribed 75.98x.

	ITCONS E-Solutions IPO	Lead Reclaim and Rubber Products IPO
QIB (times)
NII (times)	16.12x	87.56x
Big NII (times)
Small NII (times)
RII (times)	17.45x	64.41x
Employee (times)
Other (times)
Total (times)	16.79x	75.98x

Compare with others

ITCONS E-Solutions IPO	Lead Reclaim and Rubber Products IPO
ResGen IPO	Sealmatic India IPO
Srivasavi Adhesive Tapes IPO	Macfos IPO
SVJ Enterprises IPO	ITCONS E-Solutions IPO
Sealmatic India IPO	Viaz Tyres IPO
Macfos IPO	Patron Exim IPO
Viaz Tyres IPO	Indong Tea Company IPO
Patron Exim IPO	Agarwal Float Glass India IPO
Lead Reclaim and Rubber Products IPO	Shera Energy IPO
Indong Tea Company IPO	Gayatri Rubbers and Chemicals IPO
Agarwal Float Glass India IPO	Earthstahl & Alloys IPO

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