Aadhar Housing Finance IPO vs JNK India IPO

Comparison between Aadhar Housing Finance IPO and JNK India IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while JNK India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the JNK India IPO is up to ₹649.47 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of JNK India IPO is ₹415.00 per share.

 Aadhar Housing Finance IPOJNK India IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹300.00 per share₹395.00 per share
Issue Price (Upper)₹315.00 per share₹415.00 per share
Issue Price (Final)₹315.00 per share₹415.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹23.00 per share
Market Lot Size47 shares36 shares
Fresh Issue Size3,17,63,535 shares72,28,915 shares
Fresh Issue Size (Amount)up to ₹1,000.37 Crup to ₹300.00 Cr
OFS Issue Size6,34,92,063 shares84,21,052 shares
OFS Issue Size (Amount)up to ₹1,999.63 Crup to ₹349.47 Cr
Issue Size Total9,52,55,598 shares1,56,49,967 shares
Issue Size Total (Amount)up to ₹3,000.00 Crup to ₹649.47 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while JNK India IPO opens on Apr 23, 2024. The closing date of Aadhar Housing Finance IPO and JNK India IPO is May 10, 2024, and Apr 25, 2024, respectively.

 Aadhar Housing Finance IPOJNK India IPO
Anchor Bid DateMay 07, 2024Apr 22, 2024
Issue OpenMay 08, 2024Apr 23, 2024
Issue CloseMay 10, 2024Apr 25, 2024
Basis Of Allotment (Tentative)May 13, 2024Apr 26, 2024
Initiation of Refunds (Tentative)May 14, 2024Apr 29, 2024
Credit of Share (Tentative)May 14, 2024Apr 29, 2024
Listing date (Tentative)May 15, 2024Apr 30, 2024
Anchor Lockin End date 1Jun 12, 2024May 26, 2024
Anchor Lockin End date 2Aug 11, 2024Jul 25, 2024

Financials & KPIs

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to JNK India IPO P/E ratio of 43.32.

 Aadhar Housing Finance IPOJNK India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18,035.5716,617.8714,375.8113,630.33
Total Income1,895.172,043.521,728.561,575.55
Profit After Tax547.88545.34446.20340.46
NET Worth4,249.103,697.603,146.632,692.76
Total Borrowing13,127.5912,153.4510,674.5910,374.47
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets453.39337.78268.32125.12
Total Income256.76411.55297.14138.45
Profit After Tax46.2146.3635.9816.48
NET Worth168.56122.1772.1836.82
Reserves and Surplus158.88112.5762.5836.22
Total Borrowing56.7333.765.998.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.7294.56
Promoter Shareholding (Post-Issue)76.48
P/E Ratio22.843.32
Market Cap₹13434.78 Cr.₹2308.27 Cr.
ROE18.4%31.79%
ROCE34.73%
Debt/Equity3.100.34
EPS₹13.81₹9.58
RoNW12.9%31.79%

Shares Offered

In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in JNK India IPO retail investors are offered 3,32,55,556 shares. Qualified Institutional Buyers (QIB) are offered 1,90,03,174 shares in Aadhar Housing Finance IPO and 31,29,993 shares in JNK India IPO.

 Aadhar Housing Finance IPOJNK India IPO
Anchor Investor Reservation2,85,04,761 shares46,94,989 shares
Market Maker Reservation
QIB1,90,03,174 shares31,29,993 shares
NII1,42,52,381 shares23,47,496 shares
RII3,32,55,556 shares54,77,489 shares
Employee2,39,726 shares
Others
Total9,52,55,598 shares1,56,49,967 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas JNK India IPO subscribed 28.46x.

 Aadhar Housing Finance IPOJNK India IPO
QIB (times)76.42x74.40x
NII (times)17.33x23.80x
Big NII (times)18.90x27.73x
Small NII (times)14.19x15.94x
RII (times)2.58x4.20x
Employee (times)6.88x
Other (times)
Total (times)26.76x28.46x

Compare with others

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Aadhar Housing Finance IPO Vs JNK India IPO