Lakshya Powertech IPO vs Shiv Texchem IPO

Comparision between Lakshya Powertech IPO and Shiv Texchem IPO.

IPO Details

Lakshya Powertech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shiv Texchem IPO is a SME Book Built Issue proposed to list at BSE SME.

	Lakshya Powertech IPO	Shiv Texchem IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	GYR Capital Advisors Private Limited	Vivro Financial Services Private Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker	Giriraj Stock Broking Private Limited	Rikhav Securities 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 Lakshya Powertech IPO is up to ₹49.91 Cr whereas the issue size of the Shiv Texchem IPO is up to ₹101.35 Cr. The final issue price of Lakshya Powertech IPO is ₹180.00 per share and of Shiv Texchem IPO is ₹166.00 per share.

	Lakshya Powertech IPO	Shiv Texchem IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹171.00 per share	₹158.00 per share
Issue Price (Upper)	₹180.00 per share	₹166.00 per share
Issue Price (Final)	₹180.00 per share	₹166.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	800 shares	800 shares
Fresh Issue Size	27,72,800 shares	61,05,600 shares
Fresh Issue Size (Amount)	up to ₹49.91 Cr	up to ₹101.35 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	27,72,800 shares	61,05,600 shares
Issue Size Total (Amount)	up to ₹49.91 Cr	up to ₹101.35 Cr

IPO Timetable

Lakshya Powertech IPO opens on Oct 16, 2024, while Shiv Texchem IPO opens on Oct 08, 2024. The closing date of Lakshya Powertech IPO and Shiv Texchem IPO is Oct 18, 2024, and Oct 10, 2024, respectively.

	Lakshya Powertech IPO	Shiv Texchem IPO
Anchor Bid Date	Oct 15, 2024	Oct 07, 2024
Issue Open	Oct 16, 2024	Oct 08, 2024
Issue Close	Oct 18, 2024	Oct 10, 2024
Basis Of Allotment (Tentative)	Oct 21, 2024	Oct 11, 2024
Initiation of Refunds (Tentative)	Oct 22, 2024	Oct 14, 2024
Credit of Share (Tentative)	Oct 22, 2024	Oct 14, 2024
Listing date (Tentative)	Oct 23, 2024	Oct 15, 2024
Anchor Lockin End date 1	Nov 19, 2024	Nov 10, 2024
Anchor Lockin End date 2	Jan 18, 2025	Jan 09, 2025

Financials

Lakshya Powertech IPO P/E ratio is 8.39, as compared to Shiv Texchem IPO P/E ratio of 8.02.

Lakshya Powertech IPO

Shiv Texchem IPO

Financial

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

Shiv Texchem Limited Financial Information (Restated)

Shiv Texchem Limited's revenue increased by 37% and profit after tax (PAT) rose by 88% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	85,483.43	79,868.05	60,234.98	42,543.57
Revenue	56,707.83	1,53,668.79	1,11,866.98	86,547.46
Profit After Tax	1,005.89	3,011.3	1,602.72	1,386.48
Net Worth	20,293.58	19,287.69	12,276.39	10,673.68
Reserves and Surplus	20,080.25	19,074.36	12,116.39	10,513.68
Total Borrowing	27,085.63	29,665.25	32,914.39	12,034.33
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.84%

100.00%

Promoter Shareholding (Post-Issue)

P/E Ratio

8.39

8.02

Market Cap

₹181.51 Cr.

₹384.66 Cr.

ROE

16%%

19.08%%

ROCE

13.41%%

26.99%%

Debt/Equity

0.83

1.54

EPS

₹21.44

₹165.42

RoNW

15.84%%

19.08%%

Shares Offered

In the Lakshya Powertech IPO retail investors (RII) are offered 8,96,000 shares while in Shiv Texchem IPO retail investors are offered 8,96,000 shares. Qualified institutional buyers (QIB) are offered 5,24,800 shares in Lakshya Powertech IPO and 11,60,000 shares in Shiv Texchem IPO.

	Lakshya Powertech IPO	Shiv Texchem IPO
Anchor Investor Reserveration	7,44,000 shares	17,39,200 shares
Market Maker Reserveration	1,48,000 shares	3,05,600 shares
QIB	5,24,800 shares	11,60,000 shares
NII	3,96,000 shares	8,70,400 shares
RII	8,96,000 shares	20,30,400 shares
Employee	0 shares	0 shares
Others
Total	18,88,800 shares	40,60,800 shares

Bids Received (Subscription)

Lakshya Powertech IPO subscribed 573.36x in total, whereas Shiv Texchem IPO subscribed 156.55x.

	Lakshya Powertech IPO	Shiv Texchem IPO
QIB (times)	212.18x	86.70x
NII (times)	1,117.75x	455.58x
Big NII (times)
Small NII (times)
RII (times)	590.26x	68.27x
Employee (times)
Other (times)
Total (times)	573.36x	156.55x

Compare with others

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

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