Jet Knitwears IPO vs Pansari Developers IPO

Comparison between Jet Knitwears IPO and Pansari Developers IPO.

IPO Details

Jet Knitwears IPO is a SME Fixed Price IPO proposed to list at NSE SME while Pansari Developers IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Jet Knitwears IPO is up to ₹4.00 Cr whereas the issue size of the Pansari Developers IPO is up to ₹9.66 Cr. The final issue price of Jet Knitwears IPO is ₹39.00 per share and of Pansari Developers IPO is ₹22.00 per share.

 Jet Knitwears IPOPansari Developers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹39.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares6000 shares
Fresh Issue Size10,26,000 shares43,92,000 shares
Fresh Issue Size (Amount)up to ₹4.00 Crup to ₹9.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,26,000 shares43,92,000 shares
Issue Size Total (Amount)up to ₹4.00 Crup to ₹9.66 Cr

IPO Timetable

Jet Knitwears IPO opens on Sep 27, 2016, while Pansari Developers IPO opens on Sep 30, 2016. The closing date of Jet Knitwears IPO and Pansari Developers IPO is Sep 29, 2016, and Oct 06, 2016, respectively.

 Jet Knitwears IPOPansari Developers IPO
Issue OpenSep 27, 2016Sep 30, 2016
Issue CloseSep 29, 2016Oct 06, 2016
Basis Of Allotment (Tentative)Oct 03, 2016Oct 13, 2016
Listing date (Tentative)Oct 07, 2016Oct 18, 2016

Financials & KPIs

Jet Knitwears IPO P/E ratio is , as compared to Pansari Developers IPO P/E ratio of .

 Jet Knitwears IPOPansari Developers IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets117.82103.1476.73
Total Income5.6712.1718.07
Profit After Tax1.945.048.42
NET Worth41.8239.8934.85
Reserves and Surplus39.6937.7532.71
Total Borrowing14.989.347.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)73.47%73.45%
Market Cap₹15.92 Cr.₹38.38 Cr.
RoNW5.514.63

Shares Offered

In the Jet Knitwears IPO Retail Individual Investors (RII) are offered 5,13,000 shares while in Pansari Developers IPO retail investors are offered 5,13,000 shares. Qualified Institutional Buyers (QIB) are offered in Jet Knitwears IPO and in Pansari Developers IPO.

 Jet Knitwears IPOPansari Developers IPO
Market Maker Reservation57,000 shares2,40,000 shares
NII5,13,000 shares21,96,000 shares
RII5,13,000 shares21,96,000 shares
Total10,26,000 shares43,92,000 shares

Bids Received (Subscription)

Jet Knitwears IPO subscribed 3.91x in total, whereas Pansari Developers IPO subscribed 1.58x.

 Jet Knitwears IPOPansari Developers IPO
NII (times)4.81x1.79x
RII (times)3.01x1.38x
Total (times)3.91x1.58x

Compare with others

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Jet Knitwears IPO Vs Pansari Developers IPO