Latteys Industries IPO vs Sirca Paints IPO

Comparision between Latteys Industries IPO and Sirca Paints IPO.

IPO Details

Latteys Industries IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sirca Paints IPO is a SME Book Built Issue proposed to list at NSE SME.

	Latteys Industries IPO	Sirca Paints 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	Pantomath Capital Advisors Pvt Ltd	Navigant Corporate Advisors Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Latteys Industries IPO is up to ₹8.06 Cr whereas the issue size of the Sirca Paints IPO is up to ₹77.92 Cr. The final issue price of Latteys Industries IPO is ₹66.00 per share and of Sirca Paints IPO is ₹160.00 per share.

	Latteys Industries IPO	Sirca Paints IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹151.00 per share
Issue Price (Upper)		₹160.00 per share
Issue Price (Final)	₹66.00 per share	₹160.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	800 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,22,000 shares	48,70,000 shares
Issue Size Total (Amount)	up to ₹8.06 Cr	up to ₹77.92 Cr

IPO Timetable

Latteys Industries IPO opens on May 23, 2018, while Sirca Paints IPO opens on May 16, 2018. The closing date of Latteys Industries IPO and Sirca Paints IPO is May 28, 2018, and May 22, 2018, respectively.

	Latteys Industries IPO	Sirca Paints IPO
Anchor Bid Date
Issue Open	May 23, 2018	May 16, 2018
Issue Close	May 28, 2018	May 22, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Latteys Industries IPO P/E ratio is , as compared to Sirca Paints IPO P/E ratio of .

Latteys Industries IPO

Sirca Paints IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	2611.95	2014.35	1466.07	1255.35
Total Revenue	3577.44	2605.11	2153.37	1855.66
Profit After Tax	55.62	31.09	13.98	14.09

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	6,131.25	4,507.57	3,341.52	2,910.05	2,173.65
Total Revenue	8,434.17	7,266.09	6,976.85	5,408.00	3,402.29
Profit After Tax	1,370.34	727.62	617.88	197.11	50.40

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Latteys Industries IPO retail investors (RII) are offered 5,80,000 shares while in Sirca Paints IPO retail investors are offered 5,80,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Latteys Industries IPO and 0 shares in Sirca Paints IPO.

	Latteys Industries IPO	Sirca Paints IPO
Anchor Investor Reserveration
Market Maker Reserveration	62,000 shares	2,44,000 shares
QIB	0 shares	0 shares
NII	5,80,000 shares	23,12,800 shares
RII	5,80,000 shares	23,12,800 shares
Employee
Others
Total	12,22,000 shares	48,69,600 shares

Bids Received (Subscription)

Latteys Industries IPO subscribed 2.47x in total, whereas Sirca Paints IPO subscribed 8.32x.

	Latteys Industries IPO	Sirca Paints IPO
QIB (times)
NII (times)	1.19x	9.69x
Big NII (times)
Small NII (times)
RII (times)	3.74x	6.44x
Employee (times)
Other (times)
Total (times)	2.47x	8.32x

Compare with others

Latteys Industries IPO	Sirca Paints IPO
Arihant Institute IPO	Affordable Robotic Automation IPO
Nakoda Group of Industries IPO	Latteys Industries IPO
Debock Sales IPO	Suumaya Lifestyle IPO
Shree Vasu Logistics IPO	Megastar Foods IPO
Affordable Robotic Automation IPO	Innovators Facade Systems IPO
Suumaya Lifestyle IPO	U H Zaveri IPO
Megastar Foods IPO	Milestone Furniture IPO
Innovators Facade Systems IPO	E2E Networks IPO
Sirca Paints IPO	Five Core Electronics IPO
U H Zaveri IPO	SoftTech Engineers IPO

Comments

Add a public comment...