Lakshya Powertech IPO vs Pranik Logistics IPO

Comparision between Lakshya Powertech IPO and Pranik Logistics IPO.

IPO Details

Lakshya Powertech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Pranik Logistics IPO is a SME Book Built Issue proposed to list at NSE SME.

	Lakshya Powertech IPO	Pranik Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Narnolia Financial Services Ltd
Registrar	Kfin Technologies Limited	Maashitla Securities Private Limited
Market Maker	Giriraj Stock Broking Private Limited	Prabhat Financial Services Ltd.
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 Pranik Logistics IPO is up to ₹22.47 Cr. The final issue price of Lakshya Powertech IPO is ₹180.00 per share and of Pranik Logistics IPO is ₹77.00 per share.

	Lakshya Powertech IPO	Pranik Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹171.00 per share	₹73.00 per share
Issue Price (Upper)	₹180.00 per share	₹77.00 per share
Issue Price (Final)	₹180.00 per share	₹77.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	800 shares	1600 shares
Fresh Issue Size	27,72,800 shares	29,18,400 shares
Fresh Issue Size (Amount)	up to ₹49.91 Cr	up to ₹22.47 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	27,72,800 shares	29,18,400 shares
Issue Size Total (Amount)	up to ₹49.91 Cr	up to ₹22.47 Cr

IPO Timetable

Lakshya Powertech IPO opens on Oct 16, 2024, while Pranik Logistics IPO opens on Oct 10, 2024. The closing date of Lakshya Powertech IPO and Pranik Logistics IPO is Oct 18, 2024, and Oct 14, 2024, respectively.

	Lakshya Powertech IPO	Pranik Logistics IPO
Anchor Bid Date	Oct 15, 2024	Oct 09, 2024
Issue Open	Oct 16, 2024	Oct 10, 2024
Issue Close	Oct 18, 2024	Oct 14, 2024
Basis Of Allotment (Tentative)	Oct 21, 2024	Oct 15, 2024
Initiation of Refunds (Tentative)	Oct 22, 2024	Oct 16, 2024
Credit of Share (Tentative)	Oct 22, 2024	Oct 16, 2024
Listing date (Tentative)	Oct 23, 2024	Oct 17, 2024
Anchor Lockin End date 1	Nov 19, 2024	Nov 20, 2024
Anchor Lockin End date 2	Jan 18, 2025	Jan 19, 2025

Financials

Lakshya Powertech IPO P/E ratio is 8.39, as compared to Pranik Logistics IPO P/E ratio of 15.33.

Lakshya Powertech IPO

Pranik Logistics 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

Pranik Logistics Limited Financial Information (Restated)

Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% 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	3,842.75	3,568.3	2,352.73	1,404.48
Revenue	2,248.89	6,770.08	6,090.62	3,360.96
Profit After Tax	108.9	406.56	93.23	31.54
Net Worth	1,252.09	1,143.19	736.63	363.96
Reserves and Surplus	442.91	603.74	197.18	103.95
Total Borrowing	1,961.83	1,783.95	1,382.09	577.87
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.84%

99.99%

Promoter Shareholding (Post-Issue)

73.49%

P/E Ratio

8.39

15.33

Market Cap

₹181.51 Cr.

₹84.78 Cr.

ROE

16%%

8.70%%

ROCE

13.41%%

11.79%%

Debt/Equity

0.83

1.57

EPS

₹21.44

₹5.02

RoNW

15.84%%

8.70%%

Shares Offered

In the Lakshya Powertech IPO retail investors (RII) are offered 8,96,000 shares while in Pranik Logistics IPO retail investors are offered 8,96,000 shares. Qualified institutional buyers (QIB) are offered 5,24,800 shares in Lakshya Powertech IPO and 5,55,200 shares in Pranik Logistics IPO.

	Lakshya Powertech IPO	Pranik Logistics IPO
Anchor Investor Reserveration	7,44,000 shares	8,20,800 shares
Market Maker Reserveration	1,48,000 shares	1,61,600 shares
QIB	5,24,800 shares	5,55,200 shares
NII	3,96,000 shares	4,14,400 shares
RII	8,96,000 shares	9,66,400 shares
Employee	0 shares	0 shares
Others
Total	18,88,800 shares	19,36,000 shares

Bids Received (Subscription)

Lakshya Powertech IPO subscribed 573.36x in total, whereas Pranik Logistics IPO subscribed 218.02x.

	Lakshya Powertech IPO	Pranik Logistics IPO
QIB (times)	212.18x	35.67x
NII (times)	1,117.75x	744.05x
Big NII (times)
Small NII (times)
RII (times)	590.26x	97.21x
Employee (times)
Other (times)
Total (times)	573.36x	218.02x

Compare with others

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