Jana Small Finance Bank IPO vs Vibhor Steel Tubes IPO

Comparison between Jana Small Finance Bank IPO and Vibhor Steel Tubes IPO.

IPO Details

Jana Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vibhor Steel Tubes 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 Vibhor Steel Tubes IPO is up to ₹72.17 Cr. The final issue price of Jana Small Finance Bank IPO is ₹414.00 per share and of Vibhor Steel Tubes IPO is ₹151.00 per share.

 Jana Small Finance Bank IPOVibhor Steel Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹393.00 per share₹141.00 per share
Issue Price (Upper)₹414.00 per share₹151.00 per share
Issue Price (Final)₹414.00 per share₹151.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹0.00 per share
Market Lot Size36 shares99 shares
Fresh Issue Size1,11,59,420 shares47,79,443 shares
Fresh Issue Size (Amount)up to ₹462.00 Crup to ₹72.17 Cr
OFS Issue Size26,08,629 shares0 shares
OFS Issue Size (Amount)up to ₹108.00 Crup to ₹0.00 Cr
Issue Size Total1,37,68,049 shares47,79,443 shares
Issue Size Total (Amount)up to ₹570.00 Crup to ₹72.17 Cr

IPO Timetable

Jana Small Finance Bank IPO opens on Feb 07, 2024, while Vibhor Steel Tubes IPO opens on Feb 13, 2024. The closing date of Jana Small Finance Bank IPO and Vibhor Steel Tubes IPO is Feb 09, 2024, and Feb 15, 2024, respectively.

 Jana Small Finance Bank IPOVibhor Steel Tubes IPO
Anchor Bid DateFeb 06, 2024Feb 12, 2024
Issue OpenFeb 07, 2024Feb 13, 2024
Issue CloseFeb 09, 2024Feb 15, 2024
Basis Of Allotment (Tentative)Feb 12, 2024Feb 16, 2024
Initiation of Refunds (Tentative)Feb 13, 2024Feb 19, 2024
Credit of Share (Tentative)Feb 13, 2024Feb 19, 2024
Listing date (Tentative)Feb 14, 2024Feb 20, 2024
Anchor Lockin End date 1Mar 13, 2024Mar 17, 2024
Anchor Lockin End date 2May 12, 2024May 16, 2024

Financials & KPIs

Jana Small Finance Bank IPO P/E ratio is 15.11, as compared to Vibhor Steel Tubes IPO P/E ratio of 10.17.

 Jana Small Finance Bank IPOVibhor Steel Tubes 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
Assets376.48293.63248.54172.93
Total Income531.241,114.38818.48511.51
Profit After Tax8.5221.0711.330.69
NET Worth101.7693.2071.9760.49
Total Borrowing160.27126.83106.0758.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)25.2098.24
Promoter Shareholding (Post-Issue)
P/E Ratio15.1110.17
Market Cap₹4330.04 Cr.₹286.33 Cr.
ROE16.78%25.51%
ROCE16.48%
Debt/Equity3.491.63
EPS₹27.40₹14.85
RoNW14.40%22.60%

Shares Offered

In the Jana Small Finance Bank IPO Retail Individual Investors (RII) are offered 47,04,688 shares while in Vibhor Steel Tubes 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 9,50,063 shares in Vibhor Steel Tubes IPO.

 Jana Small Finance Bank IPOVibhor Steel Tubes IPO
Anchor Investor Reservation40,32,588 shares14,24,907 shares
Market Maker Reservation
QIB26,88,392 shares9,50,063 shares
NII20,16,295 shares7,12,491 shares
RII47,04,688 shares16,62,479 shares
Employee3,26,086 shares29,503 shares
Others
Total1,37,68,049 shares47,79,443 shares

Bids Received (Subscription)

Jana Small Finance Bank IPO subscribed 19.89x in total, whereas Vibhor Steel Tubes IPO subscribed 320.05x.

 Jana Small Finance Bank IPOVibhor Steel Tubes IPO
QIB (times)39.81x191.41x
NII (times)26.13x772.49x
Big NII (times)28.73x754.37x
Small NII (times)20.94x808.72x
RII (times)5.70x201.52x
Employee (times)215.79x
Other (times)
Total (times)19.89x320.05x

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