Comparison between Jet Freight Logistics IPO and Majestic Research FPO.
Jet Freight Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Majestic Research FPO is a SME Bookbuilding proposed to list at BSE SME.
| Jet Freight Logistics IPO | Majestic Research FPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | FPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Jet Freight Logistics IPO is up to ₹3.85 Cr whereas the issue size of the Majestic Research FPO is up to ₹9.44 Cr. The final issue price of Jet Freight Logistics IPO is ₹28.00 per share and of Majestic Research FPO is ₹114.00 per share.
| Jet Freight Logistics IPO | Majestic Research FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹106.00 per share | |
| Issue Price (Upper) | ₹114.00 per share | |
| Issue Price (Final) | ₹28.00 per share | ₹114.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | |
| Fresh Issue Size | 13,76,000 shares | 8,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.85 Cr | up to ₹9.44 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 13,76,000 shares | 8,28,000 shares |
| Issue Size Total (Amount) | up to ₹3.85 Cr | up to ₹9.44 Cr |
Jet Freight Logistics IPO opens on Nov 24, 2016, while Majestic Research FPO opens on Nov 28, 2016. The closing date of Jet Freight Logistics IPO and Majestic Research FPO is Nov 28, 2016, and Dec 05, 2016, respectively.
| Jet Freight Logistics IPO | Majestic Research FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 24, 2016 | Nov 28, 2016 |
| Issue Close | Nov 28, 2016 | Dec 05, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 06, 2016 | Dec 14, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jet Freight Logistics IPO P/E ratio is , as compared to Majestic Research FPO P/E ratio of .
| Jet Freight Logistics IPO | Majestic Research FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹15.26 Cr. | ₹56.98 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Jet Freight Logistics IPO Retail Individual Investors (RII) are offered 6,88,000 shares while in Majestic Research FPO retail investors are offered 6,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Jet Freight Logistics IPO and in Majestic Research FPO.
| Jet Freight Logistics IPO | Majestic Research FPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 76,000 shares | 48,000 shares |
| QIB | ||
| NII | 6,88,000 shares | 4,14,000 shares |
| RII | 6,88,000 shares | 4,14,000 shares |
| Employee | ||
| Others | ||
| Total | 13,76,000 shares | 8,28,000 shares |
Jet Freight Logistics IPO subscribed 5.26x in total, whereas Majestic Research FPO subscribed .
| Jet Freight Logistics IPO | Majestic Research FPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 6.71x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.81x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.26x |
