Ajooni Biotech IPO vs Jhandewalas Foods IPO

Comparison between Ajooni Biotech IPO and Jhandewalas Foods IPO.

IPO Details

Ajooni Biotech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jhandewalas Foods IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ajooni Biotech IPO is up to ₹6.25 Cr whereas the issue size of the Jhandewalas Foods IPO is up to ₹15.18 Cr. The final issue price of Ajooni Biotech IPO is ₹30.00 per share and of Jhandewalas Foods IPO is ₹55.00 per share.

 Ajooni Biotech IPOJhandewalas Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size20,84,000 shares27,60,000 shares
Fresh Issue Size (Amount)up to ₹6.25 Crup to ₹15.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,84,000 shares27,60,000 shares
Issue Size Total (Amount)up to ₹6.25 Crup to ₹15.18 Cr

IPO Timetable

Ajooni Biotech IPO opens on Dec 20, 2017, while Jhandewalas Foods IPO opens on Dec 29, 2017. The closing date of Ajooni Biotech IPO and Jhandewalas Foods IPO is Dec 22, 2017, and Jan 04, 2018, respectively.

 Ajooni Biotech IPOJhandewalas Foods IPO
Issue OpenDec 20, 2017Dec 29, 2017
Issue CloseDec 22, 2017Jan 04, 2018
Basis Of Allotment (Tentative)Dec 29, 2017
Listing date (Tentative)Jan 02, 2018Jan 12, 2018

Financials & KPIs

Ajooni Biotech IPO P/E ratio is , as compared to Jhandewalas Foods IPO P/E ratio of .

 Ajooni Biotech IPOJhandewalas Foods IPO
Financials

Company Financials (Restated)

Period Ended31 Aug 201731 Mar 201731 Mar 201631 Mar 2015
Assets15.6412.862.431.61
Total Income13.9428.5813.237.22
Profit After Tax0.160.280.100.07
NET Worth4.110.960.510.43
Reserves and Surplus0.470.640.290.19
Total Borrowing5.245.070.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets62.2560.8858.2048.55
Total Income33.77148.66142.75141.51
Profit After Tax0.592.380.941.77
NET Worth13.8713.2910.909.97
Reserves and Surplus10.7410.167.786.84
Total Borrowing35.7933.5131.9527.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%99.98%
Promoter Shareholding (Post-Issue)62.49%71.63%
Market Cap₹17.57 Cr.₹56.43 Cr.

Shares Offered

In the Ajooni Biotech IPO Retail Individual Investors (RII) are offered 10,42,000 shares while in Jhandewalas Foods IPO retail investors are offered 10,42,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ajooni Biotech IPO and 0 shares in Jhandewalas Foods IPO.

 Ajooni Biotech IPOJhandewalas Foods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,12,000 shares1,50,000 shares
QIB0 shares0 shares
NII10,42,000 shares13,80,000 shares
RII10,42,000 shares13,80,000 shares
Employee0 shares0 shares
Total20,84,000 shares27,60,000 shares

Bids Received (Subscription)

Ajooni Biotech IPO subscribed 64.03x in total, whereas Jhandewalas Foods IPO subscribed 277.64x.

 Ajooni Biotech IPOJhandewalas Foods IPO
NII (times)79.87x466.69x
RII (times)48.19x88.58x
Total (times)64.03x277.64x

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Ajooni Biotech IPO Vs Jhandewalas Foods IPO