Comparison between Blue Jet Healthcare IPO and Plaza Wires IPO.
Blue Jet Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Plaza Wires IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Blue Jet Healthcare IPO is up to ₹840.27 Cr whereas the issue size of the Plaza Wires IPO is up to ₹71.28 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of Plaza Wires IPO is ₹54.00 per share.
| Blue Jet Healthcare IPO | Plaza Wires IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹329.00 per share | ₹51.00 per share |
| Issue Price (Upper) | ₹346.00 per share | ₹54.00 per share |
| Issue Price (Final) | ₹346.00 per share | ₹54.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 43 shares | 277 shares |
| Fresh Issue Size | 0 shares | 1,32,00,158 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹71.28 Cr |
| OFS Issue Size | 2,42,85,160 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹840.27 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,42,85,160 shares | 1,32,00,158 shares |
| Issue Size Total (Amount) | up to ₹840.27 Cr | up to ₹71.28 Cr |
Blue Jet Healthcare IPO opens on Oct 25, 2023, while Plaza Wires IPO opens on Sep 29, 2023. The closing date of Blue Jet Healthcare IPO and Plaza Wires IPO is Oct 27, 2023, and Oct 05, 2023, respectively.
| Blue Jet Healthcare IPO | Plaza Wires IPO | |
|---|---|---|
| Anchor Bid Date | Oct 23, 2023 | Sep 27, 2023 |
| Issue Open | Oct 25, 2023 | Sep 29, 2023 |
| Issue Close | Oct 27, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 30, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 31, 2023 | Oct 11, 2023 |
| Credit of Share (Tentative) | Oct 31, 2023 | Oct 12, 2023 |
| Listing date (Tentative) | Nov 01, 2023 | Oct 12, 2023 |
| Anchor Lockin End date 1 | Nov 29, 2023 | Nov 08, 2023 |
| Anchor Lockin End date 2 | Jan 28, 2024 | Jan 07, 2024 |
Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to Plaza Wires IPO P/E ratio of 21.95.
| Blue Jet Healthcare IPO | Plaza Wires IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 86 | 69.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.49 | 21.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6001.90 Cr. | ₹236.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.60% | 14.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.91% | 15.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.23 | ₹2.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.48% | 14.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Blue Jet Healthcare IPO Retail Individual Investors (RII) are offered 84,99,806 shares while in Plaza Wires IPO retail investors are offered 84,99,806 shares. Qualified Institutional Buyers (QIB) are offered 48,57,032 shares in Blue Jet Healthcare IPO and 61,96,213 shares in Plaza Wires IPO.
| Blue Jet Healthcare IPO | Plaza Wires IPO | |
|---|---|---|
| Anchor Investor Reservation | 72,85,548 shares | 37,04,044 shares |
| Market Maker Reservation | ||
| QIB | 48,57,032 shares | 61,96,213 shares |
| NII | 36,42,774 shares | 19,79,996 shares |
| RII | 84,99,806 shares | 13,19,905 shares |
| Employee | ||
| Others | ||
| Total | 2,42,85,160 shares | 1,32,00,158 shares |
Blue Jet Healthcare IPO subscribed 7.95x in total, whereas Plaza Wires IPO subscribed 160.97x.
| Blue Jet Healthcare IPO | Plaza Wires IPO | |
|---|---|---|
| QIB (times) | 13.72x | 42.84x |
| NII (times) | 13.59x | 388.09x |
| Big NII (times) | 15.65x | 360.92x |
| Small NII (times) | 9.48x | 442.42x |
| RII (times) | 2.24x | 374.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.95x | 160.97x |
