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Goel Construction IPO vs Jainik Power IPO

Comparison between Goel Construction IPO and Jainik Power IPO.

IPO Details

Goel Construction IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Jainik Power IPO is a SME Bookbuilding proposed to list at NSE SME.

 Goel Construction IPOJainik Power IPO
LogoGoel Construction IPO LogoJainik Power IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersSrujan Alpha Capital Advisors LLPFast Track Finsec Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerChoice Equity Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Goel Construction IPO is up to ₹95.14 Cr whereas the issue size of the Jainik Power IPO is up to ₹48.72 Cr. The final issue price of Goel Construction IPO is ₹263.00 per share and of Jainik Power IPO is ₹110.00 per share.

 Goel Construction IPOJainik Power IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹250.00 per share₹100.00 per share
Issue Price (Upper)₹263.00 per share₹110.00 per share
Issue Price (Final)₹263.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹10.00 per share₹0.00 per share
Market Lot Size400 shares1200 shares
Fresh Issue Size28,94,000 shares44,29,200 shares
Fresh Issue Size (Amount)up to ₹76.11 Crup to ₹48.72 Cr
OFS Issue Size7,23,600 shares0 shares
OFS Issue Size (Amount)up to ₹19.03 Crup to ₹0.00 Cr
Issue Size Total36,17,600 shares44,29,200 shares
Issue Size Total (Amount)up to ₹95.14 Crup to ₹48.72 Cr

IPO Timetable

Goel Construction IPO opens on Sep 02, 2025, while Jainik Power IPO opens on Jun 10, 2025. The closing date of Goel Construction IPO and Jainik Power IPO is Sep 04, 2025, and Jun 12, 2025, respectively.

 Goel Construction IPOJainik Power IPO
Anchor Bid DateSep 01, 2025
Issue OpenSep 02, 2025Jun 10, 2025
Issue CloseSep 04, 2025Jun 12, 2025
Basis Of Allotment (Tentative)Sep 08, 2025Jun 13, 2025
Initiation of Refunds (Tentative)Sep 09, 2025Jun 16, 2025
Credit of Share (Tentative)Sep 09, 2025Jun 16, 2025
Listing date (Tentative)Sep 10, 2025Jun 17, 2025
Anchor Lockin End date 1Oct 04, 2025
Anchor Lockin End date 2Dec 03, 2025

Financials & KPIs

Goel Construction IPO P/E ratio is 7.8, as compared to Jainik Power IPO P/E ratio of 11.53.

 Goel Construction IPOJainik Power IPO
FinancialsEBITDA

Jainik Power and Cables Limited Financial Information (Restated Standalone)

Jainik Power and Cables Limited's revenue increased by 4% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets71.1935.5036.66
Total Income352.38339.2367.49
Profit After Tax9.245.020.15
Net Worth24.597.862.84
Reserves and Surplus14.917.292.27
Total Borrowing19.3617.1316.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.7099.79
Promoter Shareholding (Post-Issue)67.35
P/E Ratio7.811.53
Market Cap₹380.02 Cr.₹157.82 Cr.
ROE56.92%
ROCE33.69%55.92%
Debt/Equity0.220.79
EPS₹33.72₹9.54
RoNW34.09%56.92%

Shares Offered

In the Goel Construction IPO Retail Individual Investors (RII) are offered 12,40,800 shares while in Jainik Power IPO retail investors are offered 12,40,800 shares. Qualified Institutional Buyers (QIB) are offered 7,08,400 shares in Goel Construction IPO and 4,45,200 shares in Jainik Power IPO.

 Goel Construction IPOJainik Power IPO
Anchor Investor Reserveration10,62,000 shares
Market Maker Reserveration1,90,400 shares2,34,000 shares
QIB7,08,400 shares4,45,200 shares
NII5,32,800 shares19,92,000 shares
RII12,40,800 shares19,92,000 shares
Employee73,600 shares0 shares
Others
Total36,17,600 shares44,29,200 shares

Bids Received (Subscription)

Goel Construction IPO subscribed 124.34x in total, whereas Jainik Power IPO subscribed 1.54x.

 Goel Construction IPOJainik Power IPO
QIB (times)124.20x1.01x
NII (times)224.80x1.13x
Big NII (times)280.68x
Small NII (times)113.03x
RII (times)88.61x2.08x
Employee (times)1.01x
Other (times)
Total (times)124.34x1.54x