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Jet Freight Logistics IPO vs Veeram Ornaments IPO

Comparison between Jet Freight Logistics IPO and Veeram Ornaments IPO.

IPO Details

Jet Freight Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Veeram Ornaments IPO is a SME Fixed Price proposed to list at BSE SME.

 Jet Freight Logistics IPOVeeram Ornaments IPO
LogoJet Freight Logistics IPO LogoVeeram Ornaments IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSarthi Capital Advisors Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerChoice Equity Broking Pvt.Ltd.Beeline Broking 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 Jet Freight Logistics IPO is up to ₹3.85 Cr whereas the issue size of the Veeram Ornaments IPO is up to ₹4.86 Cr. The final issue price of Jet Freight Logistics IPO is ₹28.00 per share and of Veeram Ornaments IPO is ₹45.00 per share.

 Jet Freight Logistics IPOVeeram Ornaments IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹28.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size13,76,000 shares10,80,000 shares
Fresh Issue Size (Amount)up to ₹3.85 Crup to ₹4.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,76,000 shares10,80,000 shares
Issue Size Total (Amount)up to ₹3.85 Crup to ₹4.86 Cr

IPO Timetable

Jet Freight Logistics IPO opens on Nov 24, 2016, while Veeram Ornaments IPO opens on Dec 23, 2016. The closing date of Jet Freight Logistics IPO and Veeram Ornaments IPO is Nov 28, 2016, and Dec 28, 2016, respectively.

 Jet Freight Logistics IPOVeeram Ornaments IPO
Issue OpenNov 24, 2016Dec 23, 2016
Issue CloseNov 28, 2016Dec 28, 2016
Basis Of Allotment (Tentative)Dec 01, 2016Jan 02, 2017
Listing date (Tentative)Dec 06, 2016Jan 05, 2017

Financials & KPIs

Jet Freight Logistics IPO P/E ratio is , as compared to Veeram Ornaments IPO P/E ratio of .

 Jet Freight Logistics IPOVeeram Ornaments 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
Assets4.303.220.170.09
Total Income2.001.470.050.07
Profit After Tax0.280.070.000.00
NET Worth3.323.080.010.01
Reserves and Surplus3.022.740.000.00
Total Borrowing0.460.110.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%57.29%
Promoter Shareholding (Post-Issue)73.36%42.18%
Market Cap₹15.26 Cr.₹19.40 Cr.

Shares Offered

In the Jet Freight Logistics IPO Retail Individual Investors (RII) are offered 6,88,000 shares while in Veeram Ornaments 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 Veeram Ornaments IPO.

 Jet Freight Logistics IPOVeeram Ornaments IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation76,000 shares57,000 shares
QIB0 shares0 shares
NII6,88,000 shares5,40,000 shares
RII6,88,000 shares5,40,000 shares
Employee0 shares0 shares
Total13,76,000 shares10,80,000 shares

Bids Received (Subscription)

Jet Freight Logistics IPO subscribed 5.26x in total, whereas Veeram Ornaments IPO subscribed 110.83x.

 Jet Freight Logistics IPOVeeram Ornaments IPO
NII (times)6.71x174.44x
RII (times)3.81x47.22x
Total (times)5.26x110.83x

Compare with others

Jet Freight Logistics IPOVeeram Ornaments IPO
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Agro Phos IPOMajestic Research FPO
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Compare:

Jet Freight Logistics IPO Vs Veeram Ornaments IPO