Craftsman Automation IPO vs Laxmi Organic IPO

Comparision between Craftsman Automation IPO and Laxmi Organic IPO.

IPO Details

Craftsman Automation 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.

	Craftsman Automation 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 Iifl Securities Ltd	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 Craftsman Automation IPO is up to ₹823.70 Cr whereas the issue size of the Laxmi Organic IPO is up to ₹600.00 Cr. The final issue price of Craftsman Automation IPO is ₹1,490.00 per share and of Laxmi Organic IPO is ₹130.00 per share.

	Craftsman Automation IPO	Laxmi Organic IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹1,488.00 per share	₹129.00 per share
Issue Price (Upper)	₹1,490.00 per share	₹130.00 per share
Issue Price (Final)	₹1,490.00 per share	₹130.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10 shares	115 shares
Fresh Issue Size	10,06,711 shares
Fresh Issue Size (Amount)	up to ₹150.00 Cr	up to ₹300.00 Cr
OFS Issue Size	45,21,450 shares
OFS Issue Size (Amount)	up to ₹673.70 Cr	up to ₹300.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹823.70 Cr	up to ₹600.00 Cr

IPO Timetable

Craftsman Automation IPO opens on Mar 15, 2021, while Laxmi Organic IPO opens on Mar 15, 2021. The closing date of Craftsman Automation IPO and Laxmi Organic IPO is Mar 17, 2021, and Mar 17, 2021, respectively.

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

Financials

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

Craftsman Automation 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	22,462.93	23,031.36	23,253.98	19,994.34
Total Revenue	10,299.08	15,010.57	18,316.43	15,228.62
Profit After Tax	506.60	410.73	973.67	315.34

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)

63.40%

89.51%

Promoter Shareholding (Post-Issue)

59.76%

72.92%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Craftsman Automation IPO retail investors (RII) are offered 19,34,857 shares while in Laxmi Organic IPO retail investors are offered 19,34,857 shares. Qualified institutional buyers (QIB) are offered 11,05,632 shares in Craftsman Automation IPO and 93,02,324 shares in Laxmi Organic IPO.

	Craftsman Automation IPO	Laxmi Organic IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	11,05,632 shares	93,02,324 shares
NII	8,29,225 shares	69,76,744 shares
RII	19,34,857 shares	1,62,79,070 shares
Employee	0 shares	0 shares
Others
Total	38,69,714 shares	3,25,58,138 shares

Bids Received (Subscription)

Craftsman Automation IPO subscribed 3.82x in total, whereas Laxmi Organic IPO subscribed 106.81x.

	Craftsman Automation IPO	Laxmi Organic IPO
QIB (times)	5.21x	175.43x
NII (times)	2.84x	217.62x
Big NII (times)
Small NII (times)
RII (times)	3.44x	20.10x
Employee (times)
Other (times)
Total (times)	3.82x	106.81x

Compare with others

Craftsman Automation IPO	Laxmi Organic 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	Kalyan Jewellers IPO
Laxmi Organic IPO	Anupam Rasayan IPO
Nazara Technologies IPO	Craftsman Automation IPO
EaseMyTrip IPO	Nazara Technologies IPO
MTAR Technologies IPO	EaseMyTrip IPO
Heranba Industries IPO	MTAR Technologies IPO
Nureca limited IPO	Heranba Industries IPO

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