Jet Freight Logistics IPO vs Prolife Industries IPO

Comparison between Jet Freight Logistics IPO and Prolife Industries IPO.

IPO Details

Jet Freight Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prolife Industries IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Jet Freight Logistics IPO is up to ₹3.85 Cr whereas the issue size of the Prolife Industries IPO is up to ₹3.99 Cr. The final issue price of Jet Freight Logistics IPO is ₹28.00 per share and of Prolife Industries IPO is ₹38.00 per share.

 Jet Freight Logistics IPOProlife Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹28.00 per share₹38.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size13,76,000 shares10,50,000 shares
Fresh Issue Size (Amount)up to ₹3.85 Crup to ₹3.99 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,76,000 shares10,50,000 shares
Issue Size Total (Amount)up to ₹3.85 Crup to ₹3.99 Cr

IPO Timetable

Jet Freight Logistics IPO opens on Nov 24, 2016, while Prolife Industries IPO opens on Dec 27, 2016. The closing date of Jet Freight Logistics IPO and Prolife Industries IPO is Nov 28, 2016, and Dec 30, 2016, respectively.

 Jet Freight Logistics IPOProlife Industries IPO
Issue OpenNov 24, 2016Dec 27, 2016
Issue CloseNov 28, 2016Dec 30, 2016
Basis Of Allotment (Tentative)Dec 01, 2016Jan 04, 2017
Listing date (Tentative)Dec 06, 2016Jan 09, 2017

Financials & KPIs

Jet Freight Logistics IPO P/E ratio is , as compared to Prolife Industries IPO P/E ratio of .

 Jet Freight Logistics IPOProlife Industries IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets48.3444.4835.4531.27
Total Income58.66206.67145.44118.77
Profit After Tax0.250.960.730.53
NET Worth7.164.403.442.69
Reserves and Surplus3.162.901.951.22
Total Borrowing15.2918.3212.4113.40
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets15.6416.0517.6916.20
Total Income4.1922.8319.8919.06
Profit After Tax0.170.590.400.22
NET Worth3.743.583.022.54
Reserves and Surplus2.252.081.531.04
Total Borrowing8.528.6110.109.60
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.66%
Promoter Shareholding (Post-Issue)73.36%72.64%
Market Cap₹15.26 Cr.₹15.56 Cr.

Shares Offered

In the Jet Freight Logistics IPO Retail Individual Investors (RII) are offered 6,88,000 shares while in Prolife Industries IPO retail investors are offered 6,88,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Jet Freight Logistics IPO and 0 shares in Prolife Industries IPO.

 Jet Freight Logistics IPOProlife Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation76,000 shares60,000 shares
QIB0 shares0 shares
NII6,88,000 shares5,25,000 shares
RII6,88,000 shares5,25,000 shares
Employee0 shares0 shares
Total13,76,000 shares10,50,000 shares

Bids Received (Subscription)

Jet Freight Logistics IPO subscribed 5.26x in total, whereas Prolife Industries IPO subscribed 4.56x.

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