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Indian Phosphate IPO vs Jay Bee Laminations IPO

Comparison between Indian Phosphate IPO and Jay Bee Laminations IPO.

IPO Details

Indian Phosphate IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Jay Bee Laminations IPO is a SME Bookbuilding proposed to list at NSE SME.

 Indian Phosphate IPOJay Bee Laminations IPO
LogoIndian Phosphate IPO LogoJay Bee Laminations IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Swaraj shares & securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Indian Phosphate IPO is up to ₹63.66 Cr whereas the issue size of the Jay Bee Laminations IPO is up to ₹84.50 Cr. The final issue price of Indian Phosphate IPO is ₹99.00 per share and of Jay Bee Laminations IPO is ₹146.00 per share.

 Indian Phosphate IPOJay Bee Laminations IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹94.00 per share₹138.00 per share
Issue Price (Upper)₹99.00 per share₹146.00 per share
Issue Price (Final)₹99.00 per share₹146.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1000 shares
Fresh Issue Size64,30,800 shares42,65,000 shares
Fresh Issue Size (Amount)up to ₹63.66 Crup to ₹62.27 Cr
OFS Issue Size0 shares15,23,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹22.24 Cr
Issue Size Total64,30,800 shares57,88,000 shares
Issue Size Total (Amount)up to ₹63.66 Crup to ₹84.50 Cr

IPO Timetable

Indian Phosphate IPO opens on Aug 26, 2024, while Jay Bee Laminations IPO opens on Aug 27, 2024. The closing date of Indian Phosphate IPO and Jay Bee Laminations IPO is Aug 29, 2024, and Aug 29, 2024, respectively.

 Indian Phosphate IPOJay Bee Laminations IPO
Anchor Bid DateAug 23, 2024Aug 26, 2024
Issue OpenAug 26, 2024Aug 27, 2024
Issue CloseAug 29, 2024Aug 29, 2024
Basis Of Allotment (Tentative)Aug 30, 2024Aug 30, 2024
Initiation of Refunds (Tentative)Sep 02, 2024Sep 02, 2024
Credit of Share (Tentative)Sep 02, 2024Sep 02, 2024
Listing date (Tentative)Sep 03, 2024Sep 03, 2024
Anchor Lockin End date 1Sep 29, 2024Sep 29, 2024
Anchor Lockin End date 2Nov 28, 2024Nov 28, 2024

Financials & KPIs

Indian Phosphate IPO P/E ratio is 14.88, as compared to Jay Bee Laminations IPO P/E ratio of 13.58.

 Indian Phosphate IPOJay Bee Laminations IPO
Financials

Indian Phosphate Limited Financial Information (Restated Consolidated)

Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets25,518.617,407.4510,789.936,313.71
Total Income71,757.8177,093.255,838.5641,501.81
Profit After Tax1,210.211,659.531,616.61509.44
Net Worth8,099.066,751.85,092.273,475.66
Reserves and Surplus6,280.566,480.374,820.843,204.23
Total Borrowing4,023.171,535.481,830.58434.04
Amount in ₹ Lakhs

Jay Bee Laminations Limited Financial Information (Restated)

Jay Bee Laminations Limited's revenue increased by 23% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets13,091.3210,897.589,514.73
Total Income30,349.5624,748.8614,167.39
Profit After Tax1,935.271,360571.63
Net Worth6,281.444,346.172,986.17
Reserves and Surplus4,481.684,046.212,686.21
Total Borrowing2,416.153,143.252,693.08
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0097.00
Promoter Shareholding (Post-Issue)72.7770.61
P/E Ratio14.8813.58
Market Cap₹247.40 Cr.₹329.49 Cr.
ROE18.14%36.42%
ROCE20.93%39.23%
Debt/Equity0.500.38
EPS₹6.65₹10.75
RoNW16.63%30.81%

Shares Offered

In the Indian Phosphate IPO Retail Individual Investors (RII) are offered 22,51,200 shares while in Jay Bee Laminations IPO retail investors are offered 22,51,200 shares. Qualified Institutional Buyers (QIB) are offered 12,86,400 shares in Indian Phosphate IPO and 11,40,000 shares in Jay Bee Laminations IPO.

 Indian Phosphate IPOJay Bee Laminations IPO
Anchor Investor Reserveration19,28,400 shares17,10,000 shares
Market Maker Reserveration3,73,200 shares3,05,000 shares
QIB12,86,400 shares11,40,000 shares
NII9,64,800 shares8,72,000 shares
RII22,51,200 shares20,66,000 shares
Employee
Others
Total64,30,800 shares57,88,000 shares

Bids Received (Subscription)

Indian Phosphate IPO subscribed 267.89x in total, whereas Jay Bee Laminations IPO subscribed 113.95x.

 Indian Phosphate IPOJay Bee Laminations IPO
QIB (times)181.58x72.35x
NII (times)441.01x230.10x
Big NII (times)
Small NII (times)
RII (times)243.02x87.88x
Employee (times)
Other (times)
Total (times)267.89x113.95x