EaseMyTrip IPO vs Laxmi Organic IPO

Comparision between EaseMyTrip IPO and Laxmi Organic IPO.

IPO Details

EaseMyTrip IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Laxmi Organic IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	EaseMyTrip IPO	Laxmi Organic 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 Jm Financial Limited	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Registrar	Kfin Technologies Limited	Link Intime India Private 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 EaseMyTrip IPO is up to ₹510.00 Cr whereas the issue size of the Laxmi Organic IPO is up to ₹600.00 Cr. The final issue price of EaseMyTrip IPO is ₹187.00 per share and of Laxmi Organic IPO is ₹130.00 per share.

	EaseMyTrip IPO	Laxmi Organic IPO
Face Value	₹2 per share	₹2 per share
Issue Price (Lower)	₹186.00 per share	₹129.00 per share
Issue Price (Upper)	₹187.00 per share	₹130.00 per share
Issue Price (Final)	₹187.00 per share	₹130.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	80 shares	115 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹300.00 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹510.00 Cr	up to ₹300.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹510.00 Cr	up to ₹600.00 Cr

IPO Timetable

EaseMyTrip IPO opens on Mar 08, 2021, while Laxmi Organic IPO opens on Mar 15, 2021. The closing date of EaseMyTrip IPO and Laxmi Organic IPO is Mar 10, 2021, and Mar 17, 2021, respectively.

	EaseMyTrip IPO	Laxmi Organic IPO
Anchor Bid Date
Issue Open	Mar 08, 2021	Mar 15, 2021
Issue Close	Mar 10, 2021	Mar 17, 2021
Basis Of Allotment (Tentative)	Mar 16, 2021	Mar 22, 2021
Initiation of Refunds (Tentative)	Mar 17, 2021	Mar 23, 2021
Credit of Share (Tentative)	Mar 18, 2021	Mar 24, 2021
Listing date (Tentative)	Mar 19, 2021	Mar 25, 2021
Anchor Lockin End date 1	Apr 15, 2021	Apr 21, 2021
Anchor Lockin End date 2	Jun 14, 2021	Jun 20, 2021

Financials

EaseMyTrip IPO P/E ratio is , as compared to Laxmi Organic IPO P/E ratio of .

EaseMyTrip IPO

Laxmi Organic IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in million)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,569.66	2,823.37	2,430.88	1,802.89
Total Revenue	815.72	1,797.24	1,511.11	1,135.74
Profit After Tax	311.09	346.48	239.93	0.30

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in millions)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	10,371.32	10,706.33	10,144.88	8,947.34
Total Revenue	8,143.55	15,386.21	15,743.23	13,960.75
Profit After Tax	454.84	702.12	723.91	756.95

Promoter Shareholding (Pre-Issue)

100%

89.51%

Promoter Shareholding (Post-Issue)

75%

72.92%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the EaseMyTrip IPO retail investors (RII) are offered 27,41,935 shares while in Laxmi Organic IPO retail investors are offered 27,41,935 shares. Qualified institutional buyers (QIB) are offered 82,25,806 shares in EaseMyTrip IPO and 93,02,324 shares in Laxmi Organic IPO.

	EaseMyTrip IPO	Laxmi Organic IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	82,25,806 shares	93,02,324 shares
NII	41,12,903 shares	69,76,744 shares
RII	27,41,935 shares	1,62,79,070 shares
Employee	0 shares	0 shares
Others
Total	1,50,80,644 shares	3,25,58,138 shares

Bids Received (Subscription)

EaseMyTrip IPO subscribed 159.33x in total, whereas Laxmi Organic IPO subscribed 106.81x.

	EaseMyTrip IPO	Laxmi Organic IPO
QIB (times)	77.53x	175.43x
NII (times)	382.21x	217.62x
Big NII (times)
Small NII (times)
RII (times)	70.40x	20.10x
Employee (times)
Other (times)
Total (times)	159.33x	106.81x

Compare with others

EaseMyTrip IPO	Laxmi Organic IPO
Kalyan Jewellers IPO	Lodha Developers IPO
Anupam Rasayan IPO	Barbeque Nation IPO
Laxmi Organic IPO	Suryoday Small Finance Bank IPO
Craftsman Automation IPO	Kalyan Jewellers IPO
Nazara Technologies IPO	Anupam Rasayan IPO
MTAR Technologies IPO	Craftsman Automation IPO
Heranba Industries IPO	Nazara Technologies IPO
Nureca limited IPO	EaseMyTrip IPO
Brookfield India REIT	MTAR Technologies IPO
Stove Kraft IPO	Heranba Industries IPO

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