Lawsikho IPO vs Maxposure IPO

Comparision between Lawsikho IPO and Maxposure IPO.

IPO Details

Lawsikho IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Maxposure IPO is a SME Book Built Issue proposed to list at NSE SME.

	Lawsikho IPO	Maxposure 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	Narnolia Financial Services Ltd	GYR Capital Advisors Private Limited
Registrar	Maashitla Securities Private Limited	Bigshare Services Pvt Ltd
Market Maker	Ss Corporate Securities Limited	Giriraj Stock Broking Private Limited
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 Lawsikho IPO is up to ₹60.16 Cr whereas the issue size of the Maxposure IPO is up to ₹20.26 Cr. The final issue price of Lawsikho IPO is ₹140.00 per share and of Maxposure IPO is ₹33.00 per share.

	Lawsikho IPO	Maxposure IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹133.00 per share	₹31.00 per share
Issue Price (Upper)	₹140.00 per share	₹33.00 per share
Issue Price (Final)	₹140.00 per share	₹33.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	4000 shares
Fresh Issue Size	41,37,000 shares	61,40,000 shares
Fresh Issue Size (Amount)	up to ₹57.92 Cr	up to ₹20.26 Cr
OFS Issue Size	1,60,000 shares
OFS Issue Size (Amount)	up to ₹2.24 Cr
Issue Size Total	42,97,000 shares	61,40,000 shares
Issue Size Total (Amount)	up to ₹60.16 Cr	up to ₹20.26 Cr

IPO Timetable

Lawsikho IPO opens on Jan 19, 2024, while Maxposure IPO opens on Jan 15, 2024. The closing date of Lawsikho IPO and Maxposure IPO is Jan 24, 2024, and Jan 17, 2024, respectively.

	Lawsikho IPO	Maxposure IPO
Anchor Bid Date	Jan 18, 2024	Jan 12, 2024
Issue Open	Jan 19, 2024	Jan 15, 2024
Issue Close	Jan 24, 2024	Jan 17, 2024
Basis Of Allotment (Tentative)	Jan 25, 2024	Jan 18, 2024
Initiation of Refunds (Tentative)	Jan 29, 2024	Jan 19, 2024
Credit of Share (Tentative)	Jan 29, 2024	Jan 19, 2024
Listing date (Tentative)	Jan 30, 2024	Jan 23, 2024
Anchor Lockin End date 1	Feb 24, 2024	Feb 17, 2024
Anchor Lockin End date 2	Apr 24, 2024	Apr 17, 2024

Financials

Lawsikho IPO P/E ratio is 66.69, as compared to Maxposure IPO P/E ratio of 12.42.

Lawsikho IPO

Maxposure IPO

Financial

Addictive Learning Technology Limited Financial Information (Restated)

Addictive Learning Technology Limited's revenue increased by 80.41% and profit after tax (PAT) rose by 603.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,324.95	920.64	103.11	65.05
Revenue	2,482.36	3,354.47	1,859.34	677.77
Profit After Tax	315.96	247.13	-49.07	-0.54
Net Worth	522.27	206.30	-40.82	-1.75
Reserves and Surplus	512.17	196.20	-50.92	-1.85
Total Borrowing		15.73
Amount in ₹ Lakhs

Maxposure Limited Financial Information (Restated)

Maxposure Limited's revenue increased by 1.03% and profit after tax (PAT) rose by 1162.04% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,355.21	4,878.51	4,485.18	4,009.97
Revenue	2,059.05	3,355.55	3,321.31	2,247.27
Profit After Tax	370.83	441.21	34.96	36.22
Net Worth	3,478.21	3,114.34	2,666.17	2,631.21
Reserves and Surplus	3,146.19	2,775.36	2,334.15	2,299.19
Total Borrowing	462.31	333.76	293.65	418.52
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.27%

84.35%

Promoter Shareholding (Post-Issue)

67.27%

61.58%

P/E Ratio

66.69

12.42

Market Cap

₹222.74 Cr.

₹75.05 Cr.

ROE

119.79%%

14.39%%

ROCE

157.53%%

19.55%%

Debt/Equity

0.08

0.03

EPS

₹2.10

₹2.66

RoNW

119.79%%

14.20%%

Shares Offered

In the Lawsikho IPO retail investors (RII) are offered 13,95,000 shares while in Maxposure IPO retail investors are offered 13,95,000 shares. Qualified institutional buyers (QIB) are offered 7,94,000 shares in Lawsikho IPO and 11,40,000 shares in Maxposure IPO.

	Lawsikho IPO	Maxposure IPO
Anchor Investor Reserveration	11,92,000 shares	17,00,000 shares
Market Maker Reserveration	3,16,000 shares	3,72,000 shares
QIB	7,94,000 shares	11,40,000 shares
NII	5,99,000 shares	8,80,000 shares
RII	13,95,000 shares	20,48,000 shares
Employee	0 shares	0 shares
Others
Total	27,88,000 shares	40,68,000 shares

Bids Received (Subscription)

Lawsikho IPO subscribed 273.12x in total, whereas Maxposure IPO subscribed 987.47x.

	Lawsikho IPO	Maxposure IPO
QIB (times)	116.27x	162.35x
NII (times)	414.44x	1,947.55x
Big NII (times)
Small NII (times)
RII (times)	301.71x	1,034.23x
Employee (times)
Other (times)
Total (times)	273.12x	987.47x

Compare with others

Lawsikho IPO	Maxposure IPO
Euphoria Infotech India IPO	Fonebook IPO
Konstelec Engineers IPO	Brisk Technovision IPO
Maxposure IPO	Qualitek Labs IPO
Shree Marutinandan Tubes IPO	Euphoria Infotech India IPO
Australian Premium Solar (India) IPO	Konstelec Engineers IPO
IBL Finance IPO	Shree Marutinandan Tubes IPO
New Swan Multitech IPO	Australian Premium Solar (India) IPO
Kaushalya Logistics IPO	Lawsikho IPO
Akanksha Power and Infrastructure IPO	IBL Finance IPO
HRH Next Services IPO	New Swan Multitech IPO

Comments

Add a public comment...