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Jash Engineering IPO vs Poojawestern Metaliks IPO

Comparison between Jash Engineering IPO and Poojawestern Metaliks IPO.

IPO Details

Jash Engineering IPO is a SME Fixed Price IPO proposed to list at NSE SME while Poojawestern Metaliks IPO is a SME Fixed Price proposed to list at BSE SME.

 Jash Engineering IPOPoojawestern Metaliks IPO
LogoJash Engineering IPO LogoPoojawestern Metaliks IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSystematix Corporate Services Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSystematix Shares & Stocks (India) Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Jash Engineering IPO is up to ₹45.60 Cr whereas the issue size of the Poojawestern Metaliks IPO is up to ₹5.18 Cr. The final issue price of Jash Engineering IPO is ₹120.00 per share and of Poojawestern Metaliks IPO is ₹36.00 per share.

 Jash Engineering IPOPoojawestern Metaliks IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹120.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares3000 shares
Fresh Issue Size20,60,798 shares14,40,000 shares
Fresh Issue Size (Amount)up to ₹24.73 Crup to ₹5.18 Cr
OFS Issue Size17,39,602 shares0 shares
OFS Issue Size (Amount)up to ₹20.88 Crup to ₹0.00 Cr
Issue Size Total38,00,400 shares14,40,000 shares
Issue Size Total (Amount)up to ₹45.60 Crup to ₹5.18 Cr

IPO Timetable

Jash Engineering IPO opens on Sep 28, 2017, while Poojawestern Metaliks IPO opens on Sep 22, 2017. The closing date of Jash Engineering IPO and Poojawestern Metaliks IPO is Oct 03, 2017, and Sep 26, 2017, respectively.

 Jash Engineering IPOPoojawestern Metaliks IPO
Issue OpenSep 28, 2017Sep 22, 2017
Issue CloseOct 03, 2017Sep 26, 2017
Basis Of Allotment (Tentative)Oct 06, 2017Sep 30, 2017
Listing date (Tentative)Oct 11, 2017Oct 05, 2017

Financials & KPIs

Jash Engineering IPO P/E ratio is , as compared to Poojawestern Metaliks IPO P/E ratio of .

 Jash Engineering IPOPoojawestern Metaliks IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets182.49161.35157.44
Total Income147.83113.05112.01
Profit After Tax10.518.757.83
NET Worth89.3481.0274.06
Reserves and Surplus79.7671.4564.49
Total Borrowing39.9041.0833.52
Amount in ₹ Crore

Company Financials (Restated)

Period Ended01 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets10.276.244.155.93
Total Income0.992.7114.9215.18
Profit After Tax-0.030.120.120.10
NET Worth3.685.227.616.44
Reserves and Surplus0.640.120.310.19
Total Borrowing5.632.451.603.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)30.09%100.00%
Promoter Shareholding (Post-Issue)23.34%70.01%
Market Cap₹142.04 Cr.₹18.26 Cr.

Shares Offered

In the Jash Engineering IPO Retail Individual Investors (RII) are offered 13,30,800 shares while in Poojawestern Metaliks IPO retail investors are offered 13,30,800 shares. Qualified Institutional Buyers (QIB) are offered 18,99,600 shares in Jash Engineering IPO and 0 shares in Poojawestern Metaliks IPO.

 Jash Engineering IPOPoojawestern Metaliks IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,00,400 shares81,000 shares
QIB18,99,600 shares0 shares
NII5,70,000 shares7,20,000 shares
RII13,30,800 shares7,20,000 shares
Employee0 shares0 shares
Total38,00,400 shares14,40,000 shares

Bids Received (Subscription)

Jash Engineering IPO subscribed 4.92x in total, whereas Poojawestern Metaliks IPO subscribed 1.90x.

 Jash Engineering IPOPoojawestern Metaliks IPO
QIB (times)2.70x
NII (times)18.83x0.76x
RII (times)2.12x3.04x
Total (times)4.92x1.90x

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Compare:

Jash Engineering IPO Vs Poojawestern Metaliks IPO