Jainam Ferro Alloys IPO vs Quadpro ITeS IPO

Comparison between Jainam Ferro Alloys IPO and Quadpro ITeS IPO.

IPO Details

Jainam Ferro Alloys IPO is a SME Fixed Price IPO proposed to list at NSE SME while Quadpro ITeS IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Jainam Ferro Alloys IPO is up to ₹18.56 Cr whereas the issue size of the Quadpro ITeS IPO is up to ₹13.39 Cr. The final issue price of Jainam Ferro Alloys IPO is ₹70.00 per share and of Quadpro ITeS IPO is ₹20.00 per share.

 Jainam Ferro Alloys IPOQuadpro ITeS IPO
Face Value₹10 per share₹2 per share
Issue Price (Final)₹70.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares6000 shares
Fresh Issue Size11,52,000 shares59,46,000 shares
Fresh Issue Size (Amount)up to ₹8.06 Crup to ₹11.89 Cr
OFS Issue Size15,00,000 shares7,50,000 shares
OFS Issue Size (Amount)up to ₹10.50 Crup to ₹1.50 Cr
Issue Size Total26,52,000 shares66,96,000 shares
Issue Size Total (Amount)up to ₹18.56 Crup to ₹13.39 Cr

IPO Timetable

Jainam Ferro Alloys IPO opens on Sep 28, 2021, while Quadpro ITeS IPO opens on Sep 20, 2021. The closing date of Jainam Ferro Alloys IPO and Quadpro ITeS IPO is Sep 30, 2021, and Sep 22, 2021, respectively.

 Jainam Ferro Alloys IPOQuadpro ITeS IPO
Issue OpenSep 28, 2021Sep 20, 2021
Issue CloseSep 30, 2021Sep 22, 2021
Basis Of Allotment (Tentative)Oct 05, 2021Sep 27, 2021
Initiation of Refunds (Tentative)Oct 06, 2021Sep 28, 2021
Credit of Share (Tentative)Oct 07, 2021Sep 28, 2021
Listing date (Tentative)Oct 08, 2021Sep 30, 2021

Financials & KPIs

Jainam Ferro Alloys IPO P/E ratio is , as compared to Quadpro ITeS IPO P/E ratio of 68.96.

 Jainam Ferro Alloys IPOQuadpro ITeS IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets52.4239.1940.23
Total Income102.52122.34132.40
Profit After Tax3.120.862.89
EBITDA5.343.175.43
NET Worth23.9019.0619.42
Reserves and Surplus14.649.8010.17
Total Borrowing0.001.180.04
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets5.505.076.27
Total Income10.3512.9115.07
Profit After Tax0.730.21-0.66
NET Worth2.862.131.92
Reserves and Surplus0.790.07-14,500.00
Total Borrowing0.181.392.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.47%72.11%
P/E Ratio68.96
Market Cap₹73.93 Cr.₹50.55 Cr.

Shares Offered

In the Jainam Ferro Alloys IPO Retail Individual Investors (RII) are offered 13,26,000 shares while in Quadpro ITeS IPO retail investors are offered 13,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Jainam Ferro Alloys IPO and 0 shares in Quadpro ITeS IPO.

 Jainam Ferro Alloys IPOQuadpro ITeS IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,50,000 shares3,54,000 shares
QIB0 shares
NII13,26,000 shares33,48,000 shares
RII13,26,000 shares33,48,000 shares
Employee0 shares
Total26,52,000 shares66,96,000 shares

Bids Received (Subscription)

Jainam Ferro Alloys IPO subscribed 6.65x in total, whereas Quadpro ITeS IPO subscribed 16.12x.

 Jainam Ferro Alloys IPOQuadpro ITeS IPO
NII (times)6.23x8.71x
RII (times)7.07x23.53x
Total (times)6.65x16.12x

Compare with others

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Jainam Ferro Alloys IPO Vs Quadpro ITeS IPO