Kalyan Jewellers IPO vs Laxmi Organic IPO

Comparision between Kalyan Jewellers IPO and Laxmi Organic IPO.

IPO Details

Kalyan Jewellers 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.

	Kalyan Jewellers 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 Bob Capital Markets Limited Citigroup Global Markets India Private Limited ICICI Securities Limited SBI Capital Markets Limited	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Registrar	Link Intime India Private Ltd	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 Kalyan Jewellers IPO is up to ₹1,175.00 Cr whereas the issue size of the Laxmi Organic IPO is up to ₹600.00 Cr. The final issue price of Kalyan Jewellers IPO is ₹87.00 per share and of Laxmi Organic IPO is ₹130.00 per share.

	Kalyan Jewellers IPO	Laxmi Organic IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹86.00 per share	₹129.00 per share
Issue Price (Upper)	₹87.00 per share	₹130.00 per share
Issue Price (Final)	₹87.00 per share	₹130.00 per share
Discount (Retail)
Discount (Employee)	₹8.00 per share
Market Lot Size	172 shares	115 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹800.00 Cr	up to ₹300.00 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹375.00 Cr	up to ₹300.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,175.00 Cr	up to ₹600.00 Cr

IPO Timetable

Kalyan Jewellers IPO opens on Mar 16, 2021, while Laxmi Organic IPO opens on Mar 15, 2021. The closing date of Kalyan Jewellers IPO and Laxmi Organic IPO is Mar 18, 2021, and Mar 17, 2021, respectively.

	Kalyan Jewellers IPO	Laxmi Organic IPO
Anchor Bid Date
Issue Open	Mar 16, 2021	Mar 15, 2021
Issue Close	Mar 18, 2021	Mar 17, 2021
Basis Of Allotment (Tentative)	Mar 23, 2021	Mar 22, 2021
Initiation of Refunds (Tentative)	Mar 24, 2021	Mar 23, 2021
Credit of Share (Tentative)	Mar 25, 2021	Mar 24, 2021
Listing date (Tentative)	Mar 26, 2021	Mar 25, 2021
Anchor Lockin End date 1	Apr 22, 2021	Apr 21, 2021
Anchor Lockin End date 2	Jun 21, 2021	Jun 20, 2021

Financials

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

Kalyan Jewellers IPO

Laxmi Organic IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in millions)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	81,229.88	82,186.80	80,599.14	85,512.31
Total Revenue	55,497.98	101,810.16	98,140.29	105,801.99
Profit After Tax	(799.48)	1,422.75	(48.64)	1,409.97

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)

67.99%

89.51%

Promoter Shareholding (Post-Issue)

60.53%

72.92%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Kalyan Jewellers IPO retail investors (RII) are offered 4,77,38,372 shares while in Laxmi Organic IPO retail investors are offered 4,77,38,372 shares. Qualified institutional buyers (QIB) are offered 2,72,79,068 shares in Kalyan Jewellers IPO and 93,02,324 shares in Laxmi Organic IPO.

	Kalyan Jewellers IPO	Laxmi Organic IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,72,79,068 shares	93,02,324 shares
NII	2,04,59,303 shares	69,76,744 shares
RII	4,77,38,372 shares	1,62,79,070 shares
Employee	2,32,558 shares	0 shares
Others
Total	9,57,09,301 shares	3,25,58,138 shares

Bids Received (Subscription)

Kalyan Jewellers IPO subscribed 2.61x in total, whereas Laxmi Organic IPO subscribed 106.81x.

	Kalyan Jewellers IPO	Laxmi Organic IPO
QIB (times)	2.76x	175.43x
NII (times)	1.91x	217.62x
Big NII (times)
Small NII (times)
RII (times)	2.82x	20.10x
Employee (times)	3.74x
Other (times)
Total (times)	2.61x	106.81x

Compare with others

Kalyan Jewellers IPO	Laxmi Organic IPO
POWERGRID InvIT IPO April 2021	Lodha Developers IPO
Shyam Metalics IPO	Barbeque Nation IPO
Lodha Developers IPO	Suryoday Small Finance Bank IPO
Barbeque Nation IPO	Kalyan Jewellers IPO
Suryoday Small Finance Bank IPO	Anupam Rasayan IPO
Anupam Rasayan IPO	Craftsman Automation IPO
Laxmi Organic IPO	Nazara Technologies IPO
Craftsman Automation IPO	EaseMyTrip IPO
Nazara Technologies IPO	MTAR Technologies IPO
EaseMyTrip IPO	Heranba Industries IPO

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