Comparison between Blue Jet Healthcare IPO and IRM Energy IPO.
Blue Jet Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IRM Energy 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 IRM Energy IPO is up to ₹545.00 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of IRM Energy IPO is ₹505.00 per share.
| Blue Jet Healthcare IPO | IRM Energy IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹329.00 per share | ₹480.00 per share |
| Issue Price (Upper) | ₹346.00 per share | ₹505.00 per share |
| Issue Price (Final) | ₹346.00 per share | ₹505.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 43 shares | 29 shares |
| Fresh Issue Size | 0 shares | 1,08,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹545.00 Cr |
| OFS Issue Size | 2,42,85,160 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹840.27 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,42,85,160 shares | 1,08,00,000 shares |
| Issue Size Total (Amount) | up to ₹840.27 Cr | up to ₹545.00 Cr |
Blue Jet Healthcare IPO opens on Oct 25, 2023, while IRM Energy IPO opens on Oct 18, 2023. The closing date of Blue Jet Healthcare IPO and IRM Energy IPO is Oct 27, 2023, and Oct 20, 2023, respectively.
| Blue Jet Healthcare IPO | IRM Energy IPO | |
|---|---|---|
| Anchor Bid Date | Oct 23, 2023 | Oct 17, 2023 |
| Issue Open | Oct 25, 2023 | Oct 18, 2023 |
| Issue Close | Oct 27, 2023 | Oct 20, 2023 |
| Basis Of Allotment (Tentative) | Oct 30, 2023 | Oct 27, 2023 |
| Initiation of Refunds (Tentative) | Oct 31, 2023 | Oct 27, 2023 |
| Credit of Share (Tentative) | Oct 31, 2023 | Oct 30, 2023 |
| Listing date (Tentative) | Nov 01, 2023 | Oct 26, 2023 |
| Anchor Lockin End date 1 | Nov 29, 2023 | Nov 26, 2023 |
| Anchor Lockin End date 2 | Jan 28, 2024 | Jan 25, 2024 |
Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to IRM Energy IPO P/E ratio of 24.13.
| Blue Jet Healthcare IPO | IRM Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 67.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.49 | 24.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6001.90 Cr. | ₹2073.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.60% | 18.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.91% | 14.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.23 | ₹20.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.48% | 18.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Blue Jet Healthcare IPO Retail Individual Investors (RII) are offered 84,99,806 shares while in IRM Energy 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 21,16,800 shares in IRM Energy IPO.
| Blue Jet Healthcare IPO | IRM Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 72,85,548 shares | 31,75,200 shares |
| Market Maker Reservation | ||
| QIB | 48,57,032 shares | 21,16,800 shares |
| NII | 36,42,774 shares | 15,87,600 shares |
| RII | 84,99,806 shares | 37,04,400 shares |
| Employee | 2,16,000 shares | |
| Others | ||
| Total | 2,42,85,160 shares | 1,08,00,000 shares |
Blue Jet Healthcare IPO subscribed 7.95x in total, whereas IRM Energy IPO subscribed 27.05x.
| Blue Jet Healthcare IPO | IRM Energy IPO | |
|---|---|---|
| QIB (times) | 13.72x | 44.73x |
| NII (times) | 13.59x | 48.34x |
| Big NII (times) | 15.65x | 52.29x |
| Small NII (times) | 9.48x | 40.46x |
| RII (times) | 2.24x | 9.29x |
| Employee (times) | 2.05x | |
| Other (times) | ||
| Total (times) | 7.95x | 27.05x |
