Art Nirman IPO vs Jet Freight Logistics IPO

Comparison between Art Nirman IPO and Jet Freight Logistics IPO.

IPO Details

Art Nirman IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jet Freight Logistics IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Art Nirman IPO is up to ₹4.76 Cr whereas the issue size of the Jet Freight Logistics IPO is up to ₹3.85 Cr. The final issue price of Art Nirman IPO is ₹25.00 per share and of Jet Freight Logistics IPO is ₹28.00 per share.

 Art Nirman IPOJet Freight Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size19,02,000 shares13,76,000 shares
Fresh Issue Size (Amount)up to ₹4.76 Crup to ₹3.85 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,02,000 shares13,76,000 shares
Issue Size Total (Amount)up to ₹4.76 Crup to ₹3.85 Cr

IPO Timetable

Art Nirman IPO opens on Sep 30, 2016, while Jet Freight Logistics IPO opens on Nov 24, 2016. The closing date of Art Nirman IPO and Jet Freight Logistics IPO is Oct 07, 2016, and Nov 28, 2016, respectively.

 Art Nirman IPOJet Freight Logistics IPO
Issue OpenSep 30, 2016Nov 24, 2016
Issue CloseOct 07, 2016Nov 28, 2016
Basis Of Allotment (Tentative)Oct 14, 2016Dec 01, 2016
Listing date (Tentative)Oct 19, 2016Dec 06, 2016

Financials & KPIs

Art Nirman IPO P/E ratio is , as compared to Jet Freight Logistics IPO P/E ratio of .

 Art Nirman IPOJet Freight Logistics IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets18.1924.1112.10
Total Income25.640.010.01
Profit After Tax0.470.020.02
NET Worth4.500.040.02
Reserves and Surplus0.500.030.01
Total Borrowing2.056.945.99
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets48.3444.4835.4531.27
Total Income58.66206.67145.44118.77
Profit After Tax0.250.960.730.53
NET Worth7.164.403.442.69
Reserves and Surplus3.162.901.951.22
Total Borrowing15.2918.3212.4113.40
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.91%100%
Promoter Shareholding (Post-Issue)73.58%73.36%
Market Cap₹19.01 Cr.₹15.26 Cr.

Shares Offered

In the Art Nirman IPO Retail Individual Investors (RII) are offered 9,54,000 shares while in Jet Freight Logistics IPO retail investors are offered 9,54,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Art Nirman IPO and 0 shares in Jet Freight Logistics IPO.

 Art Nirman IPOJet Freight Logistics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,02,000 shares76,000 shares
QIB0 shares0 shares
NII9,48,000 shares6,88,000 shares
RII9,54,000 shares6,88,000 shares
Employee0 shares0 shares
Total19,02,000 shares13,76,000 shares

Bids Received (Subscription)

Art Nirman IPO subscribed 1.66x in total, whereas Jet Freight Logistics IPO subscribed 5.26x.

 Art Nirman IPOJet Freight Logistics IPO
NII (times)2.38x6.71x
RII (times)0.95x3.81x
Total (times)1.66x5.26x

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Art Nirman IPO Vs Jet Freight Logistics IPO