ICE Make IPO vs Lorenzini Apparels IPO

Comparision between ICE Make IPO and Lorenzini Apparels IPO.

IPO Details

ICE Make IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Lorenzini Apparels IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	ICE Make IPO	Lorenzini Apparels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Vivro Financial Services Private Limited	Fedex Securities Pvt Ltd
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of ICE Make IPO is up to ₹23.71 Cr whereas the issue size of the Lorenzini Apparels IPO is up to ₹4.47 Cr. The final issue price of ICE Make IPO is ₹57.00 per share and of Lorenzini Apparels IPO is ₹10.00 per share.

	ICE Make IPO	Lorenzini Apparels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹55.00 per share
Issue Price (Upper)	₹57.00 per share
Issue Price (Final)	₹57.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	10000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	41,60,000 shares	44,70,000 shares
Issue Size Total (Amount)	up to ₹23.71 Cr	up to ₹4.47 Cr

IPO Timetable

ICE Make IPO opens on Nov 28, 2017, while Lorenzini Apparels IPO opens on Jan 31, 2018. The closing date of ICE Make IPO and Lorenzini Apparels IPO is Nov 30, 2017, and Feb 06, 2018, respectively.

	ICE Make IPO	Lorenzini Apparels IPO
Anchor Bid Date
Issue Open	Nov 28, 2017	Jan 31, 2018
Issue Close	Nov 30, 2017	Feb 06, 2018
Basis Of Allotment (Tentative)		Feb 09, 2018
Initiation of Refunds (Tentative)		Feb 12, 2018
Credit of Share (Tentative)		Feb 14, 2018
Listing date (Tentative)		Feb 15, 2018
Anchor Lockin End date 1		Mar 11, 2018
Anchor Lockin End date 2		May 10, 2018

Financials

ICE Make IPO P/E ratio is , as compared to Lorenzini Apparels IPO P/E ratio of .

ICE Make IPO

Lorenzini Apparels IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	139.51	51.31	55.68	41.69	64.19
Total Revenue	164.49	121.08	141.64	115.97	131.61
Profit After Tax	1.48	-0.30	0.55	1.19	-0.47

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the ICE Make IPO retail investors (RII) are offered 20,80,000 shares while in Lorenzini Apparels IPO retail investors are offered 20,80,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in ICE Make IPO and 0 shares in Lorenzini Apparels IPO.

	ICE Make IPO	Lorenzini Apparels IPO
Anchor Investor Reserveration
Market Maker Reserveration		2,30,000 shares
QIB	0 shares	0 shares
NII	20,80,000 shares	21,20,000 shares
RII	20,80,000 shares	21,20,000 shares
Employee
Others
Total	41,60,000 shares	44,70,000 shares

Bids Received (Subscription)

ICE Make IPO subscribed 260.63x in total, whereas Lorenzini Apparels IPO subscribed 1.71x.

	ICE Make IPO	Lorenzini Apparels IPO
QIB (times)
NII (times)	378.67x	1.40x
Big NII (times)
Small NII (times)
RII (times)	140.84x	2.00x
Employee (times)
Other (times)
Total (times)	260.63x	1.71x

Compare with others

ICE Make IPO	Lorenzini Apparels IPO
Ratnabhumi Developers IPO	Innovana Thinklabs IPO
Dynamic Cables IPO	Zodiac Energy
Innovana Thinklabs IPO	Felix Industries IPO
Zodiac Energy	ICE Make IPO
Felix Industries IPO	Shradha Infra IPO
Shradha Infra IPO	Ambition Mica FPO
Lorenzini Apparels IPO	Sharika Enterprises IPO
Ambition Mica FPO	Vertoz Advertising IPO
Sharika Enterprises IPO	Silver Touch IPO
Vertoz Advertising IPO	Sanghvi Brands IPO

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