Lagnam Spintex IPO vs Sumit Woods IPO

Comparision between Lagnam Spintex IPO and Sumit Woods IPO.

IPO Details

Lagnam Spintex IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sumit Woods IPO is a SME Book Built Issue proposed to list at NSE SME.

	Lagnam Spintex IPO	Sumit Woods IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Boi Merchant Bankers Ltd Holani Consultants Private Limited	Mark Corporate Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt 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 Lagnam Spintex IPO is up to ₹24.60 Cr whereas the issue size of the Sumit Woods IPO is up to ₹18.24 Cr. The final issue price of Lagnam Spintex IPO is ₹41.00 per share and of Sumit Woods IPO is ₹45.00 per share.

	Lagnam Spintex IPO	Sumit Woods IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹43.00 per share
Issue Price (Upper)		₹45.00 per share
Issue Price (Final)	₹41.00 per share	₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	60,00,000 shares	40,53,000 shares
Issue Size Total (Amount)	up to ₹24.60 Cr	up to ₹18.24 Cr

IPO Timetable

Lagnam Spintex IPO opens on Sep 04, 2018, while Sumit Woods IPO opens on Aug 29, 2018. The closing date of Lagnam Spintex IPO and Sumit Woods IPO is Sep 07, 2018, and Aug 31, 2018, respectively.

	Lagnam Spintex IPO	Sumit Woods IPO
Anchor Bid Date
Issue Open	Sep 04, 2018	Aug 29, 2018
Issue Close	Sep 07, 2018	Aug 31, 2018
Basis Of Allotment (Tentative)		Sep 05, 2018
Initiation of Refunds (Tentative)		Sep 06, 2018
Credit of Share (Tentative)		Sep 06, 2018
Listing date (Tentative)		Sep 10, 2018
Anchor Lockin End date 1		Oct 05, 2018
Anchor Lockin End date 2		Dec 04, 2018

Financials

Lagnam Spintex IPO P/E ratio is , as compared to Sumit Woods IPO P/E ratio of .

Lagnam Spintex IPO

Sumit Woods IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,002.19	2,228.77	1,887.35	1,554.24	1,281.09
Total Revenue	8,454.47	7,358.43	5,656.41	4,983.41	4,205.99
Profit After Tax	468.49	367.09	208.50	157.82	144.71

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	11,750.88	12,243.12	13,512.35	12,614.62	12,462.99
Total Revenue	3,433.13	4,697.31	2,961.14	2,951.42	1,973.60
Profit After Tax	774.53	313.26	74.98	85.35	271.52

Summary of financial Information (Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	9,503.74	10,105.59	11,312.47	10,870.44	11,115.30
Total Revenue	2,114.04	3,899.55	2,285.13	2,002.80	1,388.17
Profit After Tax	573.19	260.38	54.05	97.32	57.08

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Lagnam Spintex IPO retail investors (RII) are offered 28,50,000 shares while in Sumit Woods IPO retail investors are offered 28,50,000 shares. Qualified institutional buyers (QIB) are offered in Lagnam Spintex IPO and in Sumit Woods IPO.

	Lagnam Spintex IPO	Sumit Woods IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,00,000 shares	2,19,000 shares
QIB
NII	28,50,000 shares	19,17,000 shares
RII	28,50,000 shares	19,17,000 shares
Employee
Others
Total	57,00,000 shares	38,34,000 shares

Bids Received (Subscription)

Lagnam Spintex IPO subscribed 4.97x in total, whereas Sumit Woods IPO subscribed 6.41x.

	Lagnam Spintex IPO	Sumit Woods IPO
QIB (times)
NII (times)	3.86x	10.60x
Big NII (times)
Small NII (times)
RII (times)	5.65x	1.70x
Employee (times)
Other (times)
Total (times)	4.97x	6.41x

Compare with others

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Sumit Woods IPO	Marshall Machines IPO
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