Comparison between BLS E-Services IPO and Jana Small Finance Bank IPO.
BLS E-Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jana Small Finance Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of BLS E-Services IPO is up to ₹309.29 Cr whereas the issue size of the Jana Small Finance Bank IPO is up to ₹570.00 Cr. The final issue price of BLS E-Services IPO is ₹135.00 per share and of Jana Small Finance Bank IPO is ₹414.00 per share.
| BLS E-Services IPO | Jana Small Finance Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹129.00 per share | ₹393.00 per share |
| Issue Price (Upper) | ₹135.00 per share | ₹414.00 per share |
| Issue Price (Final) | ₹135.00 per share | ₹414.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 108 shares | 36 shares |
| Fresh Issue Size | 2,30,30,000 shares | 1,11,59,420 shares |
| Fresh Issue Size (Amount) | up to ₹309.29 Cr | up to ₹462.00 Cr |
| OFS Issue Size | 0 shares | 26,08,629 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹108.00 Cr |
| Issue Size Total | 2,30,30,000 shares | 1,37,68,049 shares |
| Issue Size Total (Amount) | up to ₹309.29 Cr | up to ₹570.00 Cr |
BLS E-Services IPO opens on Jan 30, 2024, while Jana Small Finance Bank IPO opens on Feb 07, 2024. The closing date of BLS E-Services IPO and Jana Small Finance Bank IPO is Feb 01, 2024, and Feb 09, 2024, respectively.
| BLS E-Services IPO | Jana Small Finance Bank IPO | |
|---|---|---|
| Anchor Bid Date | Jan 29, 2024 | Feb 06, 2024 |
| Issue Open | Jan 30, 2024 | Feb 07, 2024 |
| Issue Close | Feb 01, 2024 | Feb 09, 2024 |
| Basis Of Allotment (Tentative) | Feb 02, 2024 | Feb 12, 2024 |
| Initiation of Refunds (Tentative) | Feb 05, 2024 | Feb 13, 2024 |
| Credit of Share (Tentative) | Feb 05, 2024 | Feb 13, 2024 |
| Listing date (Tentative) | Feb 06, 2024 | Feb 14, 2024 |
| Anchor Lockin End date 1 | Mar 03, 2024 | Mar 13, 2024 |
| Anchor Lockin End date 2 | May 02, 2024 | May 12, 2024 |
BLS E-Services IPO P/E ratio is 44.31, as compared to Jana Small Finance Bank IPO P/E ratio of 15.11.
| BLS E-Services IPO | Jana Small Finance Bank IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.80 | 25.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 44.31 | 15.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.56 Cr. | ₹4330.04 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.33% | 16.78% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | 3.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.05 | ₹27.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.46% | 14.40% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the BLS E-Services IPO Retail Individual Investors (RII) are offered 20,72,700 shares while in Jana Small Finance Bank IPO retail investors are offered 20,72,700 shares. Qualified Institutional Buyers (QIB) are offered 62,18,154 shares in BLS E-Services IPO and 26,88,392 shares in Jana Small Finance Bank IPO.
| BLS E-Services IPO | Jana Small Finance Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,27,096 shares | 40,32,588 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 62,18,154 shares | 26,88,392 shares |
| NII | 31,09,050 shares | 20,16,295 shares |
| RII | 20,72,700 shares | 47,04,688 shares |
| Employee | 0 shares | 3,26,086 shares |
| Others | ||
| Total | 2,30,30,000 shares | 1,37,68,049 shares |
BLS E-Services IPO subscribed 162.38x in total, whereas Jana Small Finance Bank IPO subscribed 19.89x.
| BLS E-Services IPO | Jana Small Finance Bank IPO | |
|---|---|---|
| QIB (times) | 123.30x | 39.81x |
| NII (times) | 300.05x | 26.13x |
| Big NII (times) | 305.27x | 28.73x |
| Small NII (times) | 289.59x | 20.94x |
| RII (times) | 236.53x | 5.70x |
| Employee (times) | ||
| Other (times) | 15.30x | |
| Total (times) | 162.38x | 19.89x |
