Entero Healthcare Solutions IPO vs Jana Small Finance Bank IPO

Comparison between Entero Healthcare Solutions IPO and Jana Small Finance Bank IPO.

IPO Details

Entero Healthcare Solutions 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.

Issue Size and Price

The total issue size of Entero Healthcare Solutions IPO is up to ₹1,600.00 Cr whereas the issue size of the Jana Small Finance Bank IPO is up to ₹570.00 Cr. The final issue price of Entero Healthcare Solutions IPO is ₹1,258.00 per share and of Jana Small Finance Bank IPO is ₹414.00 per share.

 Entero Healthcare Solutions IPOJana Small Finance Bank IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,195.00 per share₹393.00 per share
Issue Price (Upper)₹1,258.00 per share₹414.00 per share
Issue Price (Final)₹1,258.00 per share₹414.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹119.00 per share₹0.00 per share
Market Lot Size11 shares36 shares
Fresh Issue Size79,52,518 shares1,11,59,420 shares
Fresh Issue Size (Amount)up to ₹1,000.31 Crup to ₹462.00 Cr
OFS Issue Size47,67,526 shares26,08,629 shares
OFS Issue Size (Amount)up to ₹599.69 Crup to ₹108.00 Cr
Issue Size Total1,27,20,044 shares1,37,68,049 shares
Issue Size Total (Amount)up to ₹1,600.00 Crup to ₹570.00 Cr

IPO Timetable

Entero Healthcare Solutions IPO opens on Feb 09, 2024, while Jana Small Finance Bank IPO opens on Feb 07, 2024. The closing date of Entero Healthcare Solutions IPO and Jana Small Finance Bank IPO is Feb 13, 2024, and Feb 09, 2024, respectively.

 Entero Healthcare Solutions IPOJana Small Finance Bank IPO
Anchor Bid DateFeb 08, 2024Feb 06, 2024
Issue OpenFeb 09, 2024Feb 07, 2024
Issue CloseFeb 13, 2024Feb 09, 2024
Basis Of Allotment (Tentative)Feb 14, 2024Feb 12, 2024
Initiation of Refunds (Tentative)Feb 15, 2024Feb 13, 2024
Credit of Share (Tentative)Feb 15, 2024Feb 13, 2024
Listing date (Tentative)Feb 16, 2024Feb 14, 2024
Anchor Lockin End date 1Mar 15, 2024Mar 13, 2024
Anchor Lockin End date 2May 14, 2024May 12, 2024

Financials & KPIs

Entero Healthcare Solutions IPO P/E ratio is 0, as compared to Jana Small Finance Bank IPO P/E ratio of 15.11.

 Entero Healthcare Solutions IPOJana Small Finance Bank IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,505.951,308.731,125.98833.79
Total Income1,898.983,305.722,526.551,783.67
Profit After Tax11.64-11.10-29.44-15.35
NET Worth660.54597.66563.22487.06
Total Borrowing488.68373.52285.03141.70
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets28,105.8725,643.6920,188.7119,078.66
Total Income2,215.573,699.883,062.372,720.74
Profit After Tax213.22255.9717.4772.26
NET Worth2,547.111,777.071,184.561,100.77
Reserves and Surplus2,225.441,472.28999.29914.09
Total Borrowing5,313.546,277.464,509.834,815.32
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)77.1125.20
Promoter Shareholding (Post-Issue)52.43
P/E Ratio015.11
Market Cap₹3021.21 Cr.₹4330.04 Cr.
ROE-2.66%16.78%
ROCE6.06%
Debt/Equity0.453.49
EPS₹0.00₹27.40
RoNW-1.86%14.40%

Shares Offered

In the Entero Healthcare Solutions IPO Retail Individual Investors (RII) are offered 12,65,500 shares while in Jana Small Finance Bank IPO retail investors are offered 12,65,500 shares. Qualified Institutional Buyers (QIB) are offered 37,96,503 shares in Entero Healthcare Solutions IPO and 26,88,392 shares in Jana Small Finance Bank IPO.

 Entero Healthcare Solutions IPOJana Small Finance Bank IPO
Anchor Investor Reservation56,94,753 shares40,32,588 shares
Market Maker Reservation
QIB37,96,503 shares26,88,392 shares
NII18,98,251 shares20,16,295 shares
RII12,65,500 shares47,04,688 shares
Employee70,237 shares3,26,086 shares
Others
Total1,27,25,244 shares1,37,68,049 shares

Bids Received (Subscription)

Entero Healthcare Solutions IPO subscribed 1.53x in total, whereas Jana Small Finance Bank IPO subscribed 19.89x.

 Entero Healthcare Solutions IPOJana Small Finance Bank IPO
QIB (times)2.28x39.81x
NII (times)0.22x26.13x
Big NII (times)0.16x28.73x
Small NII (times)0.33x20.94x
RII (times)1.33x5.70x
Employee (times)1.25x
Other (times)
Total (times)1.53x19.89x

Compare with others

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Entero Healthcare Solutions IPO Vs Jana Small Finance Bank IPO