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Jigar Cables IPO vs Shanti Overseas IPO

Comparison between Jigar Cables IPO and Shanti Overseas IPO.

IPO Details

Jigar Cables IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shanti Overseas IPO is a SME Fixed Price proposed to list at NSE SME.

 Jigar Cables IPOShanti Overseas IPO
LogoJigar Cables IPO LogoShanti Overseas IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Hem Finlease Pvt.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 Jigar Cables IPO is up to ₹5.30 Cr whereas the issue size of the Shanti Overseas IPO is up to ₹9.33 Cr. The final issue price of Jigar Cables IPO is ₹30.00 per share and of Shanti Overseas IPO is ₹50.00 per share.

 Jigar Cables IPOShanti Overseas IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size17,68,000 shares18,66,000 shares
Fresh Issue Size (Amount)up to ₹5.30 Crup to ₹9.33 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,68,000 shares18,66,000 shares
Issue Size Total (Amount)up to ₹5.30 Crup to ₹9.33 Cr

IPO Timetable

Jigar Cables IPO opens on Jul 18, 2017, while Shanti Overseas IPO opens on Jul 21, 2017. The closing date of Jigar Cables IPO and Shanti Overseas IPO is Jul 20, 2017, and Jul 26, 2017, respectively.

 Jigar Cables IPOShanti Overseas IPO
Issue OpenJul 18, 2017Jul 21, 2017
Issue CloseJul 20, 2017Jul 26, 2017
Basis Of Allotment (Tentative)Jul 25, 2017
Listing date (Tentative)Jul 28, 2017Aug 03, 2017

Financials & KPIs

Jigar Cables IPO P/E ratio is , as compared to Shanti Overseas IPO P/E ratio of .

 Jigar Cables IPOShanti Overseas IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets10.8410.818.11
Total Income1.2713.369.36
Profit After Tax0.000.080.01
NET Worth5.304.741.32
Reserves and Surplus0.80
Total Borrowing5.045.145.38
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets36.2035.0715.07
Total Income115.8891.0471.52
Profit After Tax3.791.870.71
NET Worth8.584.792.91
Reserves and Surplus4.984.192.31
Total Borrowing24.0126.0411.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)66.31%100%
Promoter Shareholding (Post-Issue)48.73%72.93%
Market Cap₹21.10 Cr.₹37.02 Cr.

Shares Offered

In the Jigar Cables IPO Retail Individual Investors (RII) are offered 8,84,000 shares while in Shanti Overseas IPO retail investors are offered 8,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Jigar Cables IPO and 0 shares in Shanti Overseas IPO.

 Jigar Cables IPOShanti Overseas IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation96,000 shares1,38,000 shares
QIB0 shares0 shares
NII8,84,000 shares9,33,000 shares
RII8,84,000 shares9,33,000 shares
Employee0 shares0 shares
Total17,68,000 shares18,66,000 shares

Bids Received (Subscription)

Jigar Cables IPO subscribed 8.99x in total, whereas Shanti Overseas IPO subscribed 15.39x.

 Jigar Cables IPOShanti Overseas IPO
NII (times)7.24x10.65x
RII (times)10.75x20.14x
Total (times)8.99x15.39x

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Compare:

Jigar Cables IPO Vs Shanti Overseas IPO