Lead Reclaim and Rubber Products IPO vs Patron Exim IPO

Comparision between Lead Reclaim and Rubber Products IPO and Patron Exim IPO.

IPO Details

Lead Reclaim and Rubber Products IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Patron Exim IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Lead Reclaim and Rubber Products IPO	Patron Exim IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Fedex Securities Pvt Ltd	Interactive Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Svcm Securities Private Limited	Sunflower Broking Private Limited
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 Lead Reclaim and Rubber Products IPO is up to ₹4.88 Cr whereas the issue size of the Patron Exim IPO is up to ₹16.69 Cr. The final issue price of Lead Reclaim and Rubber Products IPO is ₹25.00 per share and of Patron Exim IPO is ₹27.00 per share.

	Lead Reclaim and Rubber Products IPO	Patron Exim IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹25.00 per share	₹27.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	4000 shares
Fresh Issue Size	19,50,000 shares	61,80,000 shares
Fresh Issue Size (Amount)	up to ₹4.88 Cr	up to ₹16.69 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	19,50,000 shares	61,80,000 shares
Issue Size Total (Amount)	up to ₹4.88 Cr	up to ₹16.69 Cr

IPO Timetable

Lead Reclaim and Rubber Products IPO opens on Feb 09, 2023, while Patron Exim IPO opens on Feb 21, 2023. The closing date of Lead Reclaim and Rubber Products IPO and Patron Exim IPO is Feb 13, 2023, and Feb 24, 2023, respectively.

	Lead Reclaim and Rubber Products IPO	Patron Exim IPO
Anchor Bid Date
Issue Open	Feb 09, 2023	Feb 21, 2023
Issue Close	Feb 13, 2023	Feb 24, 2023
Basis Of Allotment (Tentative)	Feb 16, 2023	Mar 01, 2023
Initiation of Refunds (Tentative)	Feb 17, 2023	Mar 02, 2023
Credit of Share (Tentative)	Feb 20, 2023	Mar 03, 2023
Listing date (Tentative)	Feb 21, 2023	Mar 06, 2023
Anchor Lockin End date 1	Mar 18, 2023	Mar 31, 2023
Anchor Lockin End date 2	May 17, 2023	May 30, 2023

Financials

Lead Reclaim and Rubber Products IPO P/E ratio is 25.77, as compared to Patron Exim IPO P/E ratio of 28.72.

Lead Reclaim and Rubber Products IPO

Patron Exim IPO

Financial

Lead Reclaim and Rubber Products Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	532.45	483.67	36.36	17.47	-2.68	377.25
31-Mar-21	594.88	706.26	22.74	40.20	20.05	394.67
31-Mar-22	704.32	1,036.93	47.87	289.57	67.92	269.30
30-Sep-22	994.65	498.99	35.55	555.63	241.78	271.38
Amount in ₹ Lakhs

Patron Exim Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	1,634.01	2,516.44	2.20	259.43	137.18
31-Mar-21	810.93	2,053.72	7.31	270.43	236.99
31-Mar-22	1,464.57	501.61	83.11	514.46	0.00
30-Nov-22	2,447.61	1,054.12	145.41	1,625.87	617.64
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.48%

97.06%

Promoter Shareholding (Post-Issue)

63.51%

71.18%

P/E Ratio

25.77

28.72

Market Cap

₹18.35 Cr.

₹62.59 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Lead Reclaim and Rubber Products IPO retail investors (RII) are offered 9,24,000 shares while in Patron Exim IPO retail investors are offered 9,24,000 shares. Qualified institutional buyers (QIB) are offered in Lead Reclaim and Rubber Products IPO and in Patron Exim IPO.

	Lead Reclaim and Rubber Products IPO	Patron Exim IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,02,000 shares	3,16,000 shares
QIB
NII	9,24,000 shares	29,32,000 shares
RII	9,24,000 shares	29,32,000 shares
Employee
Others
Total	18,48,000 shares	58,64,000 shares

Bids Received (Subscription)

Lead Reclaim and Rubber Products IPO subscribed 75.98x in total, whereas Patron Exim IPO subscribed 1.07x.

	Lead Reclaim and Rubber Products IPO	Patron Exim IPO
QIB (times)
NII (times)	87.56x	0.97x
Big NII (times)
Small NII (times)
RII (times)	64.41x	1.17x
Employee (times)
Other (times)
Total (times)	75.98x	1.07x

Compare with others

Lead Reclaim and Rubber Products IPO	Patron Exim IPO
Sealmatic India IPO	SVJ Enterprises IPO
Macfos IPO	Sealmatic India IPO
ITCONS E-Solutions IPO	Macfos IPO
Viaz Tyres IPO	ITCONS E-Solutions IPO
Patron Exim IPO	Viaz Tyres IPO
Indong Tea Company IPO	Lead Reclaim and Rubber Products IPO
Agarwal Float Glass India IPO	Indong Tea Company IPO
Shera Energy IPO	Agarwal Float Glass India IPO
Gayatri Rubbers and Chemicals IPO	Shera Energy IPO
Earthstahl & Alloys IPO	Gayatri Rubbers and Chemicals IPO

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