Aspire & Innovative IPO vs Jay Kailash Namkeen IPO

Comparison between Aspire & Innovative IPO and Jay Kailash Namkeen IPO.

IPO Details

Aspire & Innovative IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Jay Kailash Namkeen IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Aspire & Innovative IPO is up to ₹20.87 Cr whereas the issue size of the Jay Kailash Namkeen IPO is up to ₹11.32 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Jay Kailash Namkeen IPO is ₹73.00 per share.

 Aspire & Innovative IPOJay Kailash Namkeen IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹70.00 per share
Issue Price (Upper)₹54.00 per share₹73.00 per share
Issue Price (Final)₹54.00 per share₹73.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size38,64,000 shares15,50,400 shares
Fresh Issue Size (Amount)up to ₹20.87 Crup to ₹11.32 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,64,000 shares15,50,400 shares
Issue Size Total (Amount)up to ₹20.87 Crup to ₹11.32 Cr

IPO Timetable

Aspire & Innovative IPO opens on Mar 26, 2024, while Jay Kailash Namkeen IPO opens on Mar 28, 2024. The closing date of Aspire & Innovative IPO and Jay Kailash Namkeen IPO is Mar 28, 2024, and Apr 03, 2024, respectively.

 Aspire & Innovative IPOJay Kailash Namkeen IPO
Anchor Bid DateMar 22, 2024
Issue OpenMar 26, 2024Mar 28, 2024
Issue CloseMar 28, 2024Apr 03, 2024
Basis Of Allotment (Tentative)Apr 01, 2024Apr 04, 2024
Initiation of Refunds (Tentative)Apr 02, 2024Apr 05, 2024
Credit of Share (Tentative)Apr 02, 2024Apr 05, 2024
Listing date (Tentative)Apr 03, 2024Apr 08, 2024
Anchor Lockin End date 1May 01, 2024
Anchor Lockin End date 2Jun 30, 2024

Financials & KPIs

Aspire & Innovative IPO P/E ratio is 11.3, as compared to Jay Kailash Namkeen IPO P/E ratio of 27.65.

 Aspire & Innovative IPOJay Kailash Namkeen IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets81.3662.5753.2834.92
Total Income177.10346.20255.58108.33
Profit After Tax3.935.314.372.28
NET Worth19.4515.5110.205.21
Reserves and Surplus8.3414.409.095.20
Total Borrowing11.618.821.110.56
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202331 Mar 202331 Mar 202231 Mar 2021
Assets11.186.716.133.74
Total Income6.469.8810.4313.15
Profit After Tax0.400.890.550.09
NET Worth5.823.590.830.28
Reserves and Surplus2.460.660.49
Total Borrowing3.552.380.661.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.8471.82
Promoter Shareholding (Post-Issue)72.3548.33
P/E Ratio11.327.65
Market Cap₹81.96 Cr.₹36.48 Cr.
ROE22.50%24.72%
ROCE18.59%31.91%
Debt/Equity0.600.61
EPS₹4.78₹2.64
RoNW20.22%24.72%

Shares Offered

In the Aspire & Innovative IPO Retail Individual Investors (RII) are offered 13,54,000 shares while in Jay Kailash Namkeen IPO retail investors are offered 13,54,000 shares. Qualified Institutional Buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 4,64,000 shares in Jay Kailash Namkeen IPO.

 Aspire & Innovative IPOJay Kailash Namkeen IPO
Anchor Investor Reservation11,56,000 shares
Market Maker Reservation2,04,000 shares83,200 shares
QIB7,74,000 shares4,64,000 shares
NII5,80,000 shares3,10,400 shares
RII13,54,000 shares7,76,000 shares
Employee
Others
Total38,64,000 shares15,50,400 shares

Bids Received (Subscription)

Aspire & Innovative IPO subscribed 15.17x in total, whereas Jay Kailash Namkeen IPO subscribed 40.02x.

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