ixigo IPO vs Kronox Lab Sciences IPO

Comparision between ixigo IPO and Kronox Lab Sciences IPO.

IPO Details

ixigo IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Kronox Lab Sciences IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ixigo IPO	Kronox Lab Sciences IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Jm Financial Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
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 ixigo IPO is up to ₹740.10 Cr whereas the issue size of the Kronox Lab Sciences IPO is up to ₹130.15 Cr. The final issue price of ixigo IPO is ₹93.00 per share and of Kronox Lab Sciences IPO is ₹136.00 per share.

	ixigo IPO	Kronox Lab Sciences IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹88.00 per share	₹129.00 per share
Issue Price (Upper)	₹93.00 per share	₹136.00 per share
Issue Price (Final)	₹93.00 per share	₹136.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	161 shares	110 shares
Fresh Issue Size	1,29,03,226 shares
Fresh Issue Size (Amount)	up to ₹120.00 Cr
OFS Issue Size	6,66,77,674 shares	95,70,000 shares
OFS Issue Size (Amount)	up to ₹620.10 Cr	up to ₹130.15 Cr
Issue Size Total	7,95,80,900 shares	95,70,000 shares
Issue Size Total (Amount)	up to ₹740.10 Cr	up to ₹130.15 Cr

IPO Timetable

ixigo IPO opens on Jun 10, 2024, while Kronox Lab Sciences IPO opens on Jun 03, 2024. The closing date of ixigo IPO and Kronox Lab Sciences IPO is Jun 12, 2024, and Jun 05, 2024, respectively.

	ixigo IPO	Kronox Lab Sciences IPO
Anchor Bid Date	Jun 07, 2024	May 31, 2024
Issue Open	Jun 10, 2024	Jun 03, 2024
Issue Close	Jun 12, 2024	Jun 05, 2024
Basis Of Allotment (Tentative)	Jun 13, 2024	Jun 06, 2024
Initiation of Refunds (Tentative)	Jun 14, 2024	Jun 07, 2024
Credit of Share (Tentative)	Jun 14, 2024	Jun 07, 2024
Listing date (Tentative)	Jun 18, 2024	Jun 10, 2024
Anchor Lockin End date 1	Jul 13, 2024	Jul 06, 2024
Anchor Lockin End date 2	Sep 11, 2024	Sep 04, 2024

Financials

ixigo IPO P/E ratio is 148.87, as compared to Kronox Lab Sciences IPO P/E ratio of 30.37.

ixigo IPO

Kronox Lab Sciences IPO

Financial

Le Travenues Technology Limited Financial Information (Restated Consolidated)

Le Travenues Technology Limited's revenue increased by 34.46% and profit after tax (PAT) rose by 210.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	678.71	585.93	538.47	185.07
Revenue	497.10	517.57	384.94	138.41
Profit After Tax	65.71	23.40	-21.09	7.53
Net Worth	437.13	373.76	342.69	29.94
Reserves and Surplus	399.83	334.17	303.22	-212.60
Total Borrowing	43.36	0.54	2.73	14.94
Amount in ₹ Crore

Kronox Lab Sciences Limited Financial Information (Restated)

Kronox Lab Sciences Limited's revenue increased by 16.99% and profit after tax (PAT) rose by 21.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	66.96	54.03	56.79	37.65
Revenue	68.44	97.50	83.34	63.24
Profit After Tax	15.47	16.62	13.63	9.73
Net Worth	60.28	44.68	40.35	26.81
Reserves and Surplus	15.56	7.58	40.11	26.57
Total Borrowing			0.64	0.01
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

99.98%

Promoter Shareholding (Post-Issue)

74.21%

P/E Ratio

148.87

30.37

Market Cap

₹3603.04 Cr.

₹504.61 Cr.

ROE

25.66%%

ROCE

33.15%%

Debt/Equity

EPS

₹0.62

₹4.48

RoNW

15.26%%

25.66%%

Shares Offered

In the ixigo IPO retail investors (RII) are offered 79,58,089 shares while in Kronox Lab Sciences IPO retail investors are offered 79,58,089 shares. Qualified institutional buyers (QIB) are offered 2,38,74,271 shares in ixigo IPO and 19,14,000 shares in Kronox Lab Sciences IPO.

	ixigo IPO	Kronox Lab Sciences IPO
Anchor Investor Reserveration	3,58,11,405 shares	28,71,000 shares
Market Maker Reserveration
QIB	2,38,74,271 shares	19,14,000 shares
NII	1,19,37,134 shares	14,35,500 shares
RII	79,58,089 shares	33,49,500 shares
Employee	0 shares	0 shares
Others
Total	4,37,69,494 shares	66,99,000 shares

Bids Received (Subscription)

ixigo IPO subscribed 98.10x in total, whereas Kronox Lab Sciences IPO subscribed 117.25x.

	ixigo IPO	Kronox Lab Sciences IPO
QIB (times)	106.73x	89.03x
NII (times)	110.25x	301.92x
Big NII (times)	117.40x	322.26x
Small NII (times)	95.95x	261.22x
RII (times)	53.95x	54.24x
Employee (times)
Other (times)
Total (times)	98.10x	117.25x

Compare with others

ixigo IPO	Kronox Lab Sciences IPO
OLA Electric	Vraj Iron and Steel IPO
Vraj Iron and Steel IPO	Aasaan Loans IPO
Aasaan Loans IPO	Stanley Lifestyles IPO
Stanley Lifestyles IPO	DEE Piping Systems IPO
DEE Piping Systems IPO	ixigo IPO
Kronox Lab Sciences IPO	Awfis Space Solutions IPO
Awfis Space Solutions IPO	Go Digit IPO
Go Digit IPO	Aadhar Housing Finance IPO
Aadhar Housing Finance IPO	TBO Tek IPO
TBO Tek IPO	Indegene IPO

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