Comparison between Ather Energy IPO and Jain Resource Recycling IPO.
Ather Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jain Resource Recycling IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ather Energy IPO is up to ₹2,980.76 Cr whereas the issue size of the Jain Resource Recycling IPO is up to ₹1,250.00 Cr. The final issue price of Ather Energy IPO is ₹321.00 per share and of Jain Resource Recycling IPO is ₹232.00 per share.
| Ather Energy IPO | Jain Resource Recycling IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹2 per share |
| Issue Price (Lower) | ₹304.00 per share | ₹220.00 per share |
| Issue Price (Upper) | ₹321.00 per share | ₹232.00 per share |
| Issue Price (Final) | ₹321.00 per share | ₹232.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹30.00 per share | |
| Market Lot Size | 46 shares | 64 shares |
| Fresh Issue Size | 8,18,16,199 shares | 2,15,51,724 shares |
| Fresh Issue Size (Amount) | up to ₹2,626.04 Cr | up to ₹500.00 Cr |
| OFS Issue Size | 1,10,51,746 shares | 3,23,27,585 shares |
| OFS Issue Size (Amount) | up to ₹354.73 Cr | up to ₹750.00 Cr |
| Issue Size Total | 9,28,67,945 shares | 5,38,79,309 shares |
| Issue Size Total (Amount) | up to ₹2,980.76 Cr | up to ₹1,250.00 Cr |
Ather Energy IPO opens on Apr 28, 2025, while Jain Resource Recycling IPO opens on Sep 24, 2025. The closing date of Ather Energy IPO and Jain Resource Recycling IPO is Apr 30, 2025, and Sep 26, 2025, respectively.
| Ather Energy IPO | Jain Resource Recycling IPO | |
|---|---|---|
| Anchor Bid Date | Apr 25, 2025 | Sep 23, 2025 |
| Issue Open | Apr 28, 2025 | Sep 24, 2025 |
| Issue Close | Apr 30, 2025 | Sep 26, 2025 |
| Basis Of Allotment (Tentative) | May 02, 2025 | Sep 29, 2025 |
| Initiation of Refunds (Tentative) | May 05, 2025 | Sep 30, 2025 |
| Credit of Share (Tentative) | May 05, 2025 | Sep 30, 2025 |
| Listing date (Tentative) | May 06, 2025 | Oct 01, 2025 |
| Anchor Lockin End date 1 | Jun 02, 2025 | Oct 28, 2025 |
| Anchor Lockin End date 2 | Jul 30, 2025 | Dec 27, 2025 |
Ather Energy IPO P/E ratio is , as compared to Jain Resource Recycling IPO P/E ratio of 33.62.
| Ather Energy IPO | Jain Resource Recycling IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Jain Resource Recycling Ltd.'s revenue increased by 60% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 54.61 | 89.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 42.09 | 74.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹11955.96 Cr. | ₹8005.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.22% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-47.00 | ₹6.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -194% | 41.56% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ather Energy IPO Retail Individual Investors (RII) are offered 92,76,794 shares while in Jain Resource Recycling IPO retail investors are offered 92,76,794 shares. Qualified Institutional Buyers (QIB) are offered 2,78,30,384 shares in Ather Energy IPO and 1,61,63,794 shares in Jain Resource Recycling IPO.
| Ather Energy IPO | Jain Resource Recycling IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,17,45,576 shares | 2,42,45,689 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 2,78,30,384 shares | 1,61,63,794 shares |
| NII | 1,39,15,191 shares | 80,81,896 shares |
| RII | 92,76,794 shares | 53,87,930 shares |
| Employee | 1,00,000 shares | 0 shares |
| Others | ||
| Total | 9,28,67,945 shares | 5,38,79,309 shares |
Ather Energy IPO subscribed 1.50x in total, whereas Jain Resource Recycling IPO subscribed 16.76x.
| Ather Energy IPO | Jain Resource Recycling IPO | |
|---|---|---|
| QIB (times) | 1.76x | 26.67x |
| NII (times) | 0.69x | 5.59x |
| Big NII (times) | 0.74x | 5.50x |
| Small NII (times) | 0.60x | 5.76x |
| RII (times) | 1.89x | 3.81x |
| Employee (times) | 5.43x | |
| Other (times) | ||
| Total (times) | 1.50x | 16.76x |
