Comparison between Inox India IPO and Jyoti CNC Automation IPO.
Inox India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jyoti CNC Automation IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Inox India IPO is up to ₹1,459.32 Cr whereas the issue size of the Jyoti CNC Automation IPO is up to ₹1,000.00 Cr. The final issue price of Inox India IPO is ₹660.00 per share and of Jyoti CNC Automation IPO is ₹331.00 per share.
| Inox India IPO | Jyoti CNC Automation IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹627.00 per share | ₹315.00 per share |
| Issue Price (Upper) | ₹660.00 per share | ₹331.00 per share |
| Issue Price (Final) | ₹660.00 per share | ₹331.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 22 shares | 45 shares |
| Fresh Issue Size | 0 shares | 3,02,18,649 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1,000.00 Cr |
| OFS Issue Size | 2,21,10,955 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,459.32 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,21,10,955 shares | 3,02,18,649 shares |
| Issue Size Total (Amount) | up to ₹1,459.32 Cr | up to ₹1,000.00 Cr |
Inox India IPO opens on Dec 14, 2023, while Jyoti CNC Automation IPO opens on Jan 09, 2024. The closing date of Inox India IPO and Jyoti CNC Automation IPO is Dec 18, 2023, and Jan 11, 2024, respectively.
| Inox India IPO | Jyoti CNC Automation IPO | |
|---|---|---|
| Anchor Bid Date | Dec 13, 2023 | Jan 08, 2024 |
| Issue Open | Dec 14, 2023 | Jan 09, 2024 |
| Issue Close | Dec 18, 2023 | Jan 11, 2024 |
| Basis Of Allotment (Tentative) | Dec 19, 2023 | Jan 12, 2024 |
| Initiation of Refunds (Tentative) | Dec 20, 2023 | Jan 15, 2024 |
| Credit of Share (Tentative) | Dec 20, 2023 | Jan 15, 2024 |
| Listing date (Tentative) | Dec 21, 2023 | Jan 16, 2024 |
| Anchor Lockin End date 1 | Jan 18, 2024 | Feb 11, 2024 |
| Anchor Lockin End date 2 | Mar 18, 2024 | Apr 11, 2024 |
Inox India IPO P/E ratio is 39.22, as compared to Jyoti CNC Automation IPO P/E ratio of 433.43.
| Inox India IPO | Jyoti CNC Automation IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.30 | 72.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.46 | 62.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 39.22 | 433.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5990.39 Cr. | ₹7527.47 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.79% | 18.35% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.53% | 9.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 10.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.83 | ₹0.76 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.79% | 18.35% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Inox India IPO Retail Individual Investors (RII) are offered 77,38,835 shares while in Jyoti CNC Automation IPO retail investors are offered 77,38,835 shares. Qualified Institutional Buyers (QIB) are offered 44,22,191 shares in Inox India IPO and 90,18,127 shares in Jyoti CNC Automation IPO.
| Inox India IPO | Jyoti CNC Automation IPO | |
|---|---|---|
| Anchor Investor Reservation | 66,33,285 shares | 1,35,27,190 shares |
| Market Maker Reservation | ||
| QIB | 44,22,191 shares | 90,18,127 shares |
| NII | 33,16,644 shares | 45,09,063 shares |
| RII | 77,38,835 shares | 30,06,042 shares |
| Employee | 1,58,227 shares | |
| Others | ||
| Total | 2,21,10,955 shares | 3,02,18,649 shares |
Inox India IPO subscribed 61.28x in total, whereas Jyoti CNC Automation IPO subscribed 40.49x.
| Inox India IPO | Jyoti CNC Automation IPO | |
|---|---|---|
| QIB (times) | 147.80x | 46.37x |
| NII (times) | 53.20x | 38.33x |
| Big NII (times) | 56.55x | 42.77x |
| Small NII (times) | 46.52x | 29.47x |
| RII (times) | 15.30x | 27.50x |
| Employee (times) | 13.14x | |
| Other (times) | ||
| Total (times) | 61.28x | 40.49x |
