Comparison between Aeron Composite IPO and Jay Bee Laminations IPO.
Aeron Composite IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Jay Bee Laminations IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aeron Composite IPO | Jay Bee Laminations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aeron Composite IPO is up to ₹53.25 Cr whereas the issue size of the Jay Bee Laminations IPO is up to ₹84.50 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Jay Bee Laminations IPO is ₹146.00 per share.
| Aeron Composite IPO | Jay Bee Laminations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹138.00 per share |
| Issue Price (Upper) | ₹125.00 per share | ₹146.00 per share |
| Issue Price (Final) | ₹125.00 per share | ₹146.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1000 shares |
| Fresh Issue Size | 42,60,000 shares | 42,65,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.25 Cr | up to ₹62.27 Cr |
| OFS Issue Size | 0 shares | 15,23,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.24 Cr |
| Issue Size Total | 42,60,000 shares | 57,88,000 shares |
| Issue Size Total (Amount) | up to ₹53.25 Cr | up to ₹84.50 Cr |
Aeron Composite IPO opens on Aug 28, 2024, while Jay Bee Laminations IPO opens on Aug 27, 2024. The closing date of Aeron Composite IPO and Jay Bee Laminations IPO is Aug 30, 2024, and Aug 29, 2024, respectively.
| Aeron Composite IPO | Jay Bee Laminations IPO | |
|---|---|---|
| Anchor Bid Date | Aug 27, 2024 | Aug 26, 2024 |
| Issue Open | Aug 28, 2024 | Aug 27, 2024 |
| Issue Close | Aug 30, 2024 | Aug 29, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Aug 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Sep 02, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Sep 02, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Sep 03, 2024 |
| Anchor Lockin End date 1 | Oct 02, 2024 | Sep 29, 2024 |
| Anchor Lockin End date 2 | Dec 01, 2024 | Nov 28, 2024 |
Aeron Composite IPO P/E ratio is 23.69, as compared to Jay Bee Laminations IPO P/E ratio of 13.58.
| Aeron Composite IPO | Jay Bee Laminations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 70.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.69 | 13.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹212.75 Cr. | ₹329.49 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.33 | 36.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.67 | 39.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.28 | ₹10.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.09 | 30.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeron Composite IPO Retail Individual Investors (RII) are offered 14,18,000 shares while in Jay Bee Laminations IPO retail investors are offered 14,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and 11,40,000 shares in Jay Bee Laminations IPO.
| Aeron Composite IPO | Jay Bee Laminations IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,14,000 shares | 17,10,000 shares |
| Market Maker Reservation | 2,28,000 shares | 3,05,000 shares |
| QIB | 8,10,000 shares | 11,40,000 shares |
| NII | 6,08,000 shares | 8,72,000 shares |
| RII | 14,18,000 shares | 20,66,000 shares |
| Employee | 2,10,000 shares | |
| Others | ||
| Total | 42,60,000 shares | 57,88,000 shares |
Aeron Composite IPO subscribed 41.07x in total, whereas Jay Bee Laminations IPO subscribed 113.95x.
| Aeron Composite IPO | Jay Bee Laminations IPO | |
|---|---|---|
| QIB (times) | 27.82x | 72.35x |
| NII (times) | 75.53x | 230.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.77x | 87.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.07x | 113.95x |
