Comparison between Blue Jet Healthcare IPO and ESAF Small Finance Bank IPO.
Blue Jet Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ESAF Small Finance Bank 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 ESAF Small Finance Bank IPO is up to ₹463.00 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of ESAF Small Finance Bank IPO is ₹60.00 per share.
| Blue Jet Healthcare IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹329.00 per share | ₹57.00 per share |
| Issue Price (Upper) | ₹346.00 per share | ₹60.00 per share |
| Issue Price (Final) | ₹346.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 43 shares | 250 shares |
| Fresh Issue Size | 0 shares | 6,53,06,060 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹390.88 Cr |
| OFS Issue Size | 2,42,85,160 shares | 1,20,49,999 shares |
| OFS Issue Size (Amount) | up to ₹840.27 Cr | up to ₹72.12 Cr |
| Issue Size Total | 2,42,85,160 shares | 7,73,56,059 shares |
| Issue Size Total (Amount) | up to ₹840.27 Cr | up to ₹463.00 Cr |
Blue Jet Healthcare IPO opens on Oct 25, 2023, while ESAF Small Finance Bank IPO opens on Nov 03, 2023. The closing date of Blue Jet Healthcare IPO and ESAF Small Finance Bank IPO is Oct 27, 2023, and Nov 07, 2023, respectively.
| Blue Jet Healthcare IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| Anchor Bid Date | Oct 23, 2023 | Nov 02, 2023 |
| Issue Open | Oct 25, 2023 | Nov 03, 2023 |
| Issue Close | Oct 27, 2023 | Nov 07, 2023 |
| Basis Of Allotment (Tentative) | Oct 30, 2023 | Nov 08, 2023 |
| Initiation of Refunds (Tentative) | Oct 31, 2023 | Nov 08, 2023 |
| Credit of Share (Tentative) | Oct 31, 2023 | Nov 09, 2023 |
| Listing date (Tentative) | Nov 01, 2023 | Nov 10, 2023 |
| Anchor Lockin End date 1 | Nov 29, 2023 | Dec 08, 2023 |
| Anchor Lockin End date 2 | Jan 28, 2024 | Feb 06, 2024 |
Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to ESAF Small Finance Bank IPO P/E ratio of 8.94.
| Blue Jet Healthcare IPO | ESAF Small Finance Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 74.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 86 | 59.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.49 | 8.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6001.90 Cr. | ₹3087.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.60% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.91% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.23 | ₹6.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.48% | 17.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Blue Jet Healthcare IPO Retail Individual Investors (RII) are offered 84,99,806 shares while in ESAF Small Finance Bank 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 1,50,16,667 shares in ESAF Small Finance Bank IPO.
| Blue Jet Healthcare IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 72,85,548 shares | 2,25,24,998 shares |
| Market Maker Reservation | ||
| QIB | 48,57,032 shares | 1,50,16,667 shares |
| NII | 36,42,774 shares | 1,12,62,500 shares |
| RII | 84,99,806 shares | 2,62,79,167 shares |
| Employee | 22,72,727 shares | |
| Others | ||
| Total | 2,42,85,160 shares | 7,73,56,059 shares |
Blue Jet Healthcare IPO subscribed 7.95x in total, whereas ESAF Small Finance Bank IPO subscribed 77.00x.
| Blue Jet Healthcare IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| QIB (times) | 13.72x | 182.66x |
| NII (times) | 13.59x | 88.81x |
| Big NII (times) | 15.65x | 96.51x |
| Small NII (times) | 9.48x | 73.41x |
| RII (times) | 2.24x | 17.86x |
| Employee (times) | 4.59x | |
| Other (times) | ||
| Total (times) | 7.95x | 77.00x |
