Chavda Infra IPO vs Jiwanram Sheoduttrai IPO

Comparison between Chavda Infra IPO and Jiwanram Sheoduttrai IPO.

IPO Details

Chavda Infra IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jiwanram Sheoduttrai IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Chavda Infra IPO is up to ₹41.08 Cr whereas the issue size of the Jiwanram Sheoduttrai IPO is up to ₹16.22 Cr. The final issue price of Chavda Infra IPO is ₹65.00 per share and of Jiwanram Sheoduttrai IPO is ₹23.00 per share.

 Chavda Infra IPOJiwanram Sheoduttrai IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹65.00 per share
Issue Price (Final)₹65.00 per share₹23.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares6000 shares
Fresh Issue Size63,20,000 shares70,50,000 shares
Fresh Issue Size (Amount)up to ₹41.08 Crup to ₹16.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total63,20,000 shares70,50,000 shares
Issue Size Total (Amount)up to ₹41.08 Crup to ₹16.22 Cr

IPO Timetable

Chavda Infra IPO opens on Sep 12, 2023, while Jiwanram Sheoduttrai IPO opens on Sep 08, 2023. The closing date of Chavda Infra IPO and Jiwanram Sheoduttrai IPO is Sep 14, 2023, and Sep 12, 2023, respectively.

 Chavda Infra IPOJiwanram Sheoduttrai IPO
Anchor Bid DateSep 11, 2023
Issue OpenSep 12, 2023Sep 08, 2023
Issue CloseSep 14, 2023Sep 12, 2023
Basis Of Allotment (Tentative)Sep 20, 2023Sep 15, 2023
Initiation of Refunds (Tentative)Sep 21, 2023Sep 18, 2023
Credit of Share (Tentative)Sep 22, 2023Sep 20, 2023
Listing date (Tentative)Sep 25, 2023Sep 18, 2023
Anchor Lockin End date 1Oct 20, 2023
Anchor Lockin End date 2Dec 19, 2023

Financials & KPIs

Chavda Infra IPO P/E ratio is 9.72, as compared to Jiwanram Sheoduttrai IPO P/E ratio of 9.91.

 Chavda Infra IPOJiwanram Sheoduttrai IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets154.24108.8186.68
Total Income162.03109.8891.31
Profit After Tax12.055.214.44
NET Worth30.4018.3613.14
Reserves and Surplus12.4016.8611.64
Total Borrowing53.2949.9333.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets121.12113.77121.04
Total Income45.9834.1532.81
Profit After Tax4.031.500.03
NET Worth48.0244.2843.07
Reserves and Surplus30.7039.3338.12
Total Borrowing52.5952.3148.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)7370.01
P/E Ratio9.729.91
Market Cap₹160.26 Cr.₹56.92 Cr.
ROE49.41%8.38%
ROCE43.62%7.29%
Debt/Equity1.751.10
EPS₹6.69₹2.32
RoNW39.62%8.38%

Shares Offered

In the Chavda Infra IPO Retail Individual Investors (RII) are offered 22,12,000 shares while in Jiwanram Sheoduttrai IPO retail investors are offered 22,12,000 shares. Qualified Institutional Buyers (QIB) are offered 12,64,000 shares in Chavda Infra IPO and in Jiwanram Sheoduttrai IPO.

 Chavda Infra IPOJiwanram Sheoduttrai IPO
Anchor Investor Reservation18,96,000 shares
Market Maker Reservation3,36,000 shares3,72,000 shares
QIB12,64,000 shares
NII9,48,000 shares35,22,000 shares
RII22,12,000 shares35,28,000 shares
Employee
Others
Total63,20,000 shares70,50,000 shares

Bids Received (Subscription)

Chavda Infra IPO subscribed 180.06x in total, whereas Jiwanram Sheoduttrai IPO subscribed 112.96x.

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Chavda Infra IPO Vs Jiwanram Sheoduttrai IPO