ASK Automotive IPO vs Blue Jet Healthcare IPO

Comparison between ASK Automotive IPO and Blue Jet Healthcare IPO.

IPO Details

ASK Automotive IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Blue Jet Healthcare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ASK Automotive IPO is up to ₹833.91 Cr whereas the issue size of the Blue Jet Healthcare IPO is up to ₹840.27 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Blue Jet Healthcare IPO is ₹346.00 per share.

 ASK Automotive IPOBlue Jet Healthcare IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹268.00 per share₹329.00 per share
Issue Price (Upper)₹282.00 per share₹346.00 per share
Issue Price (Final)₹282.00 per share₹346.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size53 shares43 shares
Fresh Issue Size0 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size2,95,71,390 shares2,42,85,160 shares
OFS Issue Size (Amount)up to ₹833.91 Crup to ₹840.27 Cr
Issue Size Total2,95,71,390 shares2,42,85,160 shares
Issue Size Total (Amount)up to ₹833.91 Crup to ₹840.27 Cr

IPO Timetable

ASK Automotive IPO opens on Nov 07, 2023, while Blue Jet Healthcare IPO opens on Oct 25, 2023. The closing date of ASK Automotive IPO and Blue Jet Healthcare IPO is Nov 09, 2023, and Oct 27, 2023, respectively.

 ASK Automotive IPOBlue Jet Healthcare IPO
Anchor Bid DateNov 06, 2023Oct 23, 2023
Issue OpenNov 07, 2023Oct 25, 2023
Issue CloseNov 09, 2023Oct 27, 2023
Basis Of Allotment (Tentative)Nov 10, 2023Oct 30, 2023
Initiation of Refunds (Tentative)Nov 10, 2023Oct 31, 2023
Credit of Share (Tentative)Nov 13, 2023Oct 31, 2023
Listing date (Tentative)Nov 15, 2023Nov 01, 2023
Anchor Lockin End date 1Dec 10, 2023Nov 29, 2023
Anchor Lockin End date 2Feb 08, 2024Jan 28, 2024

Financials & KPIs

ASK Automotive IPO P/E ratio is 45.63, as compared to Blue Jet Healthcare IPO P/E ratio of 37.49.

 ASK Automotive IPOBlue Jet Healthcare IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,443.341,281.211,105.56948.25
Total Income657.552,566.282,024.261,567.77
Profit After Tax34.83122.9582.66106.20
NET Worth643.77631.91622.23
Reserves and Surplus639.03604.34591.73581.54
Total Borrowing268.03231.82119.7854.02
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 202331 Mar 202331 Mar 2022
Assets903.80862.07713.38
Total Income184.60744.94702.88
Profit After Tax44.12160.03181.59
NET Worth725.68681.49521.54
Reserves and Surplus690.99646.79486.85
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)86
P/E Ratio45.6337.49
Market Cap₹5559.00 Cr.₹6001.90 Cr.
ROE26.60%
ROCE31.91%
Debt/Equity0.49
EPS₹6.18₹9.23
RoNW19.10%23.48%

Shares Offered

In the ASK Automotive IPO Retail Individual Investors (RII) are offered 1,03,49,987 shares while in Blue Jet Healthcare IPO retail investors are offered 1,03,49,987 shares. Qualified Institutional Buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 48,57,032 shares in Blue Jet Healthcare IPO.

 ASK Automotive IPOBlue Jet Healthcare IPO
Anchor Investor Reservation88,71,416 shares72,85,548 shares
Market Maker Reservation
QIB59,14,278 shares48,57,032 shares
NII44,35,709 shares36,42,774 shares
RII1,03,49,987 shares84,99,806 shares
Employee
Others
Total2,95,71,390 shares2,42,85,160 shares

Bids Received (Subscription)

ASK Automotive IPO subscribed 51.14x in total, whereas Blue Jet Healthcare IPO subscribed 7.95x.

 ASK Automotive IPOBlue Jet Healthcare IPO
QIB (times)142.41x13.72x
NII (times)35.47x13.59x
Big NII (times)41.13x15.65x
Small NII (times)24.16x9.48x
RII (times)5.70x2.24x
Employee (times)
Other (times)
Total (times)51.14x7.95x

Compare with others

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ASK Automotive IPO Vs Blue Jet Healthcare IPO