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Jetmall Spices IPO vs NIKS Technology IPO

Comparison between Jetmall Spices IPO and NIKS Technology IPO.

IPO Details

Jetmall Spices IPO is a SME Fixed Price IPO proposed to list at BSE SME while NIKS Technology IPO is a SME Fixed Price proposed to list at BSE SME.

 Jetmall Spices IPONIKS Technology IPO
LogoJetmall Spices IPO LogoNIKS Technology IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersMark Corporate Advisors Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerHarjivandas Nemidas Securities Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Jetmall Spices IPO is up to ₹4.73 Cr whereas the issue size of the NIKS Technology IPO is up to ₹1.91 Cr. The final issue price of Jetmall Spices IPO is ₹20.00 per share and of NIKS Technology IPO is ₹201.00 per share.

 Jetmall Spices IPONIKS Technology IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹201.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares600 shares
Fresh Issue Size23,64,000 shares27,800 shares
Fresh Issue Size (Amount)up to ₹4.73 Crup to ₹0.56 Cr
OFS Issue Size0 shares67,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1.35 Cr
Issue Size Total23,64,000 shares94,800 shares
Issue Size Total (Amount)up to ₹4.73 Crup to ₹1.91 Cr

IPO Timetable

Jetmall Spices IPO opens on Mar 31, 2021, while NIKS Technology IPO opens on Mar 19, 2021. The closing date of Jetmall Spices IPO and NIKS Technology IPO is Apr 07, 2021, and Mar 23, 2021, respectively.

 Jetmall Spices IPONIKS Technology IPO
Anchor Bid Date
Issue OpenMar 31, 2021Mar 19, 2021
Issue CloseApr 07, 2021Mar 23, 2021
Basis Of Allotment (Tentative)Apr 12, 2021
Initiation of Refunds (Tentative)Apr 12, 2021
Credit of Share (Tentative)Apr 15, 2021
Listing date (Tentative)Apr 19, 2021Mar 31, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Jetmall Spices IPO P/E ratio is , as compared to NIKS Technology IPO P/E ratio of 119.64.

 Jetmall Spices IPONIKS Technology IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 602.24 885.35 1,988.59 1,738.16
Total Revenue 925.90 3,915.62 4,344.54 5,032.61
Profit After Tax 64.92 14.77 17.61 25.62
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakh)
31-Jan-21 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 67.56 39.37 7.36 9.30
Total Revenue 27.66 19.66 19.84 19.32
Profit After Tax 14.31 8.15 (0.18) (0.64)
Promoter Shareholding (Pre-Issue)10099.97
Promoter Shareholding (Post-Issue)58.44
P/E Ratio119.64
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Jetmall Spices IPO Retail Individual Investors (RII) are offered 11,82,000 shares while in NIKS Technology IPO retail investors are offered 11,82,000 shares. Qualified Institutional Buyers (QIB) are offered in Jetmall Spices IPO and in NIKS Technology IPO.

 Jetmall Spices IPONIKS Technology IPO
Anchor Investor Reserveration
Market Maker Reserveration1,26,000 shares5,400 shares
QIB
NII11,82,000 shares47,400 shares
RII11,82,000 shares47,400 shares
Employee
Others
Total23,64,000 shares94,800 shares

Bids Received (Subscription)

Jetmall Spices IPO subscribed 1.36x in total, whereas NIKS Technology IPO subscribed 4.10x.

 Jetmall Spices IPONIKS Technology IPO
QIB (times)
NII (times)1.90x0.99x
Big NII (times)
Small NII (times)
RII (times)0.82x7.21x
Employee (times)
Other (times)
Total (times)1.36x4.10x