Comparison between Goyal Salt IPO and Newjaisa Technologies IPO.
Goyal Salt IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Newjaisa Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Goyal Salt IPO | Newjaisa Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. | Indorient Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Holani Consultants Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Goyal Salt IPO is up to ₹17.69 Cr whereas the issue size of the Newjaisa Technologies IPO is up to ₹37.93 Cr. The final issue price of Goyal Salt IPO is ₹38.00 per share and of Newjaisa Technologies IPO is ₹47.00 per share.
| Goyal Salt IPO | Newjaisa Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹36.00 per share | ₹44.00 per share |
| Issue Price (Upper) | ₹38.00 per share | ₹47.00 per share |
| Issue Price (Final) | ₹38.00 per share | ₹47.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 46,56,000 shares | 80,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.69 Cr | up to ₹37.93 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 46,56,000 shares | 80,70,000 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹37.93 Cr |
Goyal Salt IPO opens on Sep 26, 2023, while Newjaisa Technologies IPO opens on Sep 25, 2023. The closing date of Goyal Salt IPO and Newjaisa Technologies IPO is Oct 03, 2023, and Sep 27, 2023, respectively.
| Goyal Salt IPO | Newjaisa Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2023 | Sep 22, 2023 |
| Issue Open | Sep 26, 2023 | Sep 25, 2023 |
| Issue Close | Oct 03, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Oct 05, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 06, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 09, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 05, 2023 |
| Anchor Lockin End date 1 | Nov 04, 2023 | Nov 03, 2023 |
| Anchor Lockin End date 2 | Jan 03, 2024 | Jan 02, 2024 |
Goyal Salt IPO P/E ratio is 13.97, as compared to Newjaisa Technologies IPO P/E ratio of 15.51.
| Goyal Salt IPO | Newjaisa Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 94.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.97 | 15.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹68.02 Cr. | ₹151.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.38% | 72.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.22% | 72.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.72 | ₹3.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.86% | 72.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Goyal Salt IPO Retail Individual Investors (RII) are offered 16,38,000 shares while in Newjaisa Technologies IPO retail investors are offered 16,38,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Goyal Salt IPO and 16,14,000 shares in Newjaisa Technologies IPO.
| Goyal Salt IPO | Newjaisa Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,17,000 shares | 24,18,000 shares |
| Market Maker Reservation | 2,46,000 shares | 4,26,000 shares |
| QIB | 8,82,000 shares | 16,14,000 shares |
| NII | 7,29,000 shares | 12,12,000 shares |
| RII | 16,38,000 shares | 28,26,000 shares |
| Employee | 90,000 shares | |
| Others | ||
| Total | 46,56,000 shares | 80,70,000 shares |
Goyal Salt IPO subscribed 294.61x in total, whereas Newjaisa Technologies IPO subscribed 6.85x.
| Goyal Salt IPO | Newjaisa Technologies IPO | |
|---|---|---|
| QIB (times) | 67.20x | 1.02x |
| NII (times) | 382.45x | 15.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 377.97x | 6.54x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 294.61x | 6.85x |
