Comparison between J.G.Chemicals IPO and SRM Contractors IPO.
J.G.Chemicals IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SRM Contractors IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of J.G.Chemicals IPO is up to ₹251.19 Cr whereas the issue size of the SRM Contractors IPO is up to ₹130.20 Cr. The final issue price of J.G.Chemicals IPO is ₹221.00 per share and of SRM Contractors IPO is ₹210.00 per share.
| J.G.Chemicals IPO | SRM Contractors IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹210.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹221.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹221.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 67 shares | 70 shares |
| Fresh Issue Size | 74,66,063 shares | 62,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹165.00 Cr | up to ₹130.20 Cr |
| OFS Issue Size | 39,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹86.19 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,13,66,063 shares | 62,00,000 shares |
| Issue Size Total (Amount) | up to ₹251.19 Cr | up to ₹130.20 Cr |
J.G.Chemicals IPO opens on Mar 05, 2024, while SRM Contractors IPO opens on Mar 26, 2024. The closing date of J.G.Chemicals IPO and SRM Contractors IPO is Mar 07, 2024, and Mar 28, 2024, respectively.
| J.G.Chemicals IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Bid Date | Mar 04, 2024 | Mar 22, 2024 |
| Issue Open | Mar 05, 2024 | Mar 26, 2024 |
| Issue Close | Mar 07, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Mar 11, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 12, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Mar 12, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Mar 13, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | Apr 10, 2024 | May 01, 2024 |
| Anchor Lockin End date 2 | Jun 09, 2024 | Jun 30, 2024 |
J.G.Chemicals IPO P/E ratio is 16.25, as compared to SRM Contractors IPO P/E ratio of 18.76.
| J.G.Chemicals IPO | SRM Contractors IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.25 | 18.76 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹866.01 Cr. | ₹481.83 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 8.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.86 % | 29.43% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.11 | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.60 | ₹11.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 8.16% | 25.02% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the J.G.Chemicals IPO Retail Individual Investors (RII) are offered 39,78,123 shares while in SRM Contractors IPO retail investors are offered 39,78,123 shares. Qualified Institutional Buyers (QIB) are offered 22,73,212 shares in J.G.Chemicals IPO and 12,40,100 shares in SRM Contractors IPO.
| J.G.Chemicals IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Investor Reservation | 34,09,818 shares | 18,59,900 shares |
| Market Maker Reservation | ||
| QIB | 22,73,212 shares | 12,40,100 shares |
| NII | 17,04,910 shares | 9,30,000 shares |
| RII | 39,78,123 shares | 21,70,000 shares |
| Employee | ||
| Others | ||
| Total | 1,13,66,063 shares | 62,00,000 shares |
J.G.Chemicals IPO subscribed 28.52x in total, whereas SRM Contractors IPO subscribed 86.57x.
| J.G.Chemicals IPO | SRM Contractors IPO | |
|---|---|---|
| QIB (times) | 32.33x | 59.59x |
| NII (times) | 47.92x | 214.94x |
| Big NII (times) | 50.26x | 220.57x |
| Small NII (times) | 43.24x | 203.67x |
| RII (times) | 18.03x | 46.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 28.52x | 86.57x |
