Ameenji Rubber IPO vs Jainik Power IPO

Comparison between Ameenji Rubber IPO and Jainik Power IPO.

IPO Details

Ameenji Rubber IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Jainik Power IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ameenji Rubber IPO is up to ₹28.46 Cr whereas the issue size of the Jainik Power IPO is up to ₹48.72 Cr. The final issue price of Ameenji Rubber IPO is ₹100.00 per share and of Jainik Power IPO is ₹110.00 per share.

 Ameenji Rubber IPOJainik Power IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹100.00 per share
Issue Price (Upper)₹100.00 per share₹110.00 per share
Issue Price (Final)₹100.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares1200 shares
Fresh Issue Size28,46,400 shares44,29,200 shares
Fresh Issue Size (Amount)up to ₹28.46 Crup to ₹48.72 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,46,400 shares44,29,200 shares
Issue Size Total (Amount)up to ₹28.46 Crup to ₹48.72 Cr

IPO Timetable

Ameenji Rubber IPO opens on Sep 26, 2025, while Jainik Power IPO opens on Jun 10, 2025. The closing date of Ameenji Rubber IPO and Jainik Power IPO is Sep 30, 2025, and Jun 12, 2025, respectively.

 Ameenji Rubber IPOJainik Power IPO
Anchor Bid DateSep 25, 2025
Issue OpenSep 26, 2025Jun 10, 2025
Issue CloseSep 30, 2025Jun 12, 2025
Basis Of Allotment (Tentative)Oct 01, 2025Jun 13, 2025
Initiation of Refunds (Tentative)Oct 03, 2025Jun 16, 2025
Credit of Share (Tentative)Oct 03, 2025Jun 16, 2025
Listing date (Tentative)Oct 06, 2025Jun 17, 2025
Anchor Lockin End date 1Oct 30, 2025
Anchor Lockin End date 2Dec 29, 2025

Financials & KPIs

Ameenji Rubber IPO P/E ratio is 10.31, as compared to Jainik Power IPO P/E ratio of 11.53.

 Ameenji Rubber IPOJainik Power IPO
Financials

Company Financials (Restated Standalone)

Ameenji Rubber Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 87% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets102.8376.2055.18
Total Income94.4384.2474.21
Profit After Tax8.034.313.50
EBITDA18.598.4612.14
NET Worth22.1814.159.84
Reserves and Surplus13.905.877.54
Total Borrowing45.9034.9521.50
Amount in ₹ Crore

Company Financials (Restated Standalone)

Jainik Power Cables Ltd.'s revenue increased by 4% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets71.1935.5036.66
Total Income352.38339.2367.49
Profit After Tax9.245.020.15
NET Worth24.597.862.84
Reserves and Surplus14.917.292.27
Total Borrowing19.3617.1316.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.2499.79
Promoter Shareholding (Post-Issue)67.7267.35
P/E Ratio10.3111.53
Market Cap₹112.80 Cr.₹157.82 Cr.
ROE44.2356.92
ROCE23.4355.92
Debt/Equity2.070.79
EPS₹9.70₹9.54
RoNW36.2256.92

Shares Offered

In the Ameenji Rubber IPO Retail Individual Investors (RII) are offered 9,98,400 shares while in Jainik Power IPO retail investors are offered 9,98,400 shares. Qualified Institutional Buyers (QIB) are offered 5,68,800 shares in Ameenji Rubber IPO and 4,45,200 shares in Jainik Power IPO.

 Ameenji Rubber IPOJainik Power IPO
Anchor Investor Reservation8,52,000 shares
Market Maker Reservation1,53,600 shares2,34,000 shares
QIB5,68,800 shares4,45,200 shares
NII4,27,200 shares19,92,000 shares
RII9,98,400 shares19,92,000 shares
Employee0 shares0 shares
Others
Total28,46,400 shares44,29,200 shares

Bids Received (Subscription)

Ameenji Rubber IPO subscribed 2.21x in total, whereas Jainik Power IPO subscribed 1.54x.

 Ameenji Rubber IPOJainik Power IPO
QIB (times)3.79x1.01x
NII (times)2.74x1.13x
Big NII (times)3.58x
Small NII (times)1.06x
RII (times)1.08x2.08x
Employee (times)
Other (times)
Total (times)2.21x1.54x

Compare with others

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Ameenji Rubber IPO Vs Jainik Power IPO