Jana Small Finance Bank IPO vs R K SWAMY IPO

Comparison between Jana Small Finance Bank IPO and R K SWAMY IPO.

IPO Details

Jana Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while R K SWAMY IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Jana Small Finance Bank IPO is up to ₹570.00 Cr whereas the issue size of the R K SWAMY IPO is up to ₹423.56 Cr. The final issue price of Jana Small Finance Bank IPO is ₹414.00 per share and of R K SWAMY IPO is ₹288.00 per share.

 Jana Small Finance Bank IPOR K SWAMY IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹393.00 per share₹270.00 per share
Issue Price (Upper)₹414.00 per share₹288.00 per share
Issue Price (Final)₹414.00 per share₹288.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹27.00 per share
Market Lot Size36 shares50 shares
Fresh Issue Size1,11,59,420 shares60,28,239 shares
Fresh Issue Size (Amount)up to ₹462.00 Crup to ₹173.46 Cr
OFS Issue Size26,08,629 shares86,91,862 shares
OFS Issue Size (Amount)up to ₹108.00 Crup to ₹250.10 Cr
Issue Size Total1,37,68,049 shares1,47,20,101 shares
Issue Size Total (Amount)up to ₹570.00 Crup to ₹423.56 Cr

IPO Timetable

Jana Small Finance Bank IPO opens on Feb 07, 2024, while R K SWAMY IPO opens on Mar 04, 2024. The closing date of Jana Small Finance Bank IPO and R K SWAMY IPO is Feb 09, 2024, and Mar 06, 2024, respectively.

 Jana Small Finance Bank IPOR K SWAMY IPO
Anchor Bid DateFeb 06, 2024Mar 01, 2024
Issue OpenFeb 07, 2024Mar 04, 2024
Issue CloseFeb 09, 2024Mar 06, 2024
Basis Of Allotment (Tentative)Feb 12, 2024Mar 07, 2024
Initiation of Refunds (Tentative)Feb 13, 2024Mar 11, 2024
Credit of Share (Tentative)Feb 13, 2024Mar 11, 2024
Listing date (Tentative)Feb 14, 2024Mar 12, 2024
Anchor Lockin End date 1Mar 13, 2024Apr 06, 2024
Anchor Lockin End date 2May 12, 2024Jun 05, 2024

Financials & KPIs

Jana Small Finance Bank IPO P/E ratio is 15.11, as compared to R K SWAMY IPO P/E ratio of 40.96.

 Jana Small Finance Bank IPOR K SWAMY IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets28,105.8725,643.6920,188.7119,078.66
Total Income2,215.573,699.883,062.372,720.74
Profit After Tax213.22255.9717.4772.26
NET Worth2,547.111,777.071,184.561,100.77
Reserves and Surplus2,225.441,472.28999.29914.09
Total Borrowing5,313.546,277.464,509.834,815.32
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets252.23313.65406.44390.06
Total Income142.55299.91244.97183.22
Profit After Tax7.9331.2619.263.08
NET Worth146.66140.81111.9398.22
Reserves and Surplus28.8540.7912.27-0.43
Total Borrowing51.054.5128.7345.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)25.2083.03
Promoter Shareholding (Post-Issue)
P/E Ratio15.1140.96
Market Cap₹4330.04 Cr.₹1453.37 Cr.
ROE16.78%16.47%
ROCE6.29%
Debt/Equity3.491.50
EPS₹27.40₹7.03
RoNW14.40%5.41%

Shares Offered

In the Jana Small Finance Bank IPO Retail Individual Investors (RII) are offered 47,04,688 shares while in R K SWAMY IPO retail investors are offered 47,04,688 shares. Qualified Institutional Buyers (QIB) are offered 26,88,392 shares in Jana Small Finance Bank IPO and 43,33,959 shares in R K SWAMY IPO.

 Jana Small Finance Bank IPOR K SWAMY IPO
Anchor Investor Reservation40,32,588 shares65,00,937 shares
Market Maker Reservation
QIB26,88,392 shares43,33,959 shares
NII20,16,295 shares21,66,979 shares
RII47,04,688 shares14,44,652 shares
Employee3,26,086 shares2,87,356 shares
Others
Total1,37,68,049 shares1,47,33,883 shares

Bids Received (Subscription)

Jana Small Finance Bank IPO subscribed 19.89x in total, whereas R K SWAMY IPO subscribed 25.78x.

 Jana Small Finance Bank IPOR K SWAMY IPO
QIB (times)39.81x20.58x
NII (times)26.13x34.24x
Big NII (times)28.73x35.73x
Small NII (times)20.94x31.27x
RII (times)5.70x33.31x
Employee (times)2.46x
Other (times)
Total (times)19.89x25.78x

Compare with others

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Jana Small Finance Bank IPO Vs R K SWAMY IPO