Indegene IPO vs JNK India IPO

Comparison between Indegene IPO and JNK India IPO.

IPO Details

Indegene IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while JNK India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Indegene IPO is up to ₹1,841.76 Cr whereas the issue size of the JNK India IPO is up to ₹649.47 Cr. The final issue price of Indegene IPO is ₹452.00 per share and of JNK India IPO is ₹415.00 per share.

 Indegene IPOJNK India IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹430.00 per share₹395.00 per share
Issue Price (Upper)₹452.00 per share₹415.00 per share
Issue Price (Final)₹452.00 per share₹415.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹30.00 per share
Market Lot Size33 shares36 shares
Fresh Issue Size1,68,33,818 shares72,28,915 shares
Fresh Issue Size (Amount)up to ₹760.52 Crup to ₹300.00 Cr
OFS Issue Size2,39,32,732 shares84,21,052 shares
OFS Issue Size (Amount)up to ₹1,081.24 Crup to ₹349.47 Cr
Issue Size Total4,07,66,550 shares1,56,49,967 shares
Issue Size Total (Amount)up to ₹1,841.76 Crup to ₹649.47 Cr

IPO Timetable

Indegene IPO opens on May 06, 2024, while JNK India IPO opens on Apr 23, 2024. The closing date of Indegene IPO and JNK India IPO is May 08, 2024, and Apr 25, 2024, respectively.

 Indegene IPOJNK India IPO
Anchor Bid DateMay 03, 2024Apr 22, 2024
Issue OpenMay 06, 2024Apr 23, 2024
Issue CloseMay 08, 2024Apr 25, 2024
Basis Of Allotment (Tentative)May 09, 2024Apr 26, 2024
Initiation of Refunds (Tentative)May 10, 2024Apr 29, 2024
Credit of Share (Tentative)May 10, 2024Apr 29, 2024
Listing date (Tentative)May 13, 2024Apr 30, 2024
Anchor Lockin End date 1Jun 08, 2024May 26, 2024
Anchor Lockin End date 2Aug 07, 2024Jul 25, 2024

Financials & KPIs

Indegene IPO P/E ratio is 37.78, as compared to JNK India IPO P/E ratio of 43.32.

 Indegene IPOJNK India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,518.152,203.871,353.47596.04
Total Income1,969.752,364.101,690.50996.92
Profit After Tax241.90266.10162.82149.41
NET Worth1,327.001,063.72763.90324.51
Reserves and Surplus1,282.651,019.43763.55324.19
Total Borrowing399.33394.3418.2424.76
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets453.39337.78268.32125.12
Total Income256.76411.55297.14138.45
Profit After Tax46.2146.3635.9816.48
NET Worth168.56122.1772.1836.82
Reserves and Surplus158.88112.5762.5836.22
Total Borrowing56.7333.765.998.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)30.7194.56
Promoter Shareholding (Post-Issue)
P/E Ratio37.7843.32
Market Cap₹10814.07 Cr.₹2308.27 Cr.
ROE31.79%
ROCE34.73%
Debt/Equity0.300.34
EPS₹11.96₹9.58
RoNW18.23%31.79%

Shares Offered

In the Indegene IPO Retail Individual Investors (RII) are offered 1,41,64,620 shares while in JNK India IPO retail investors are offered 1,41,64,620 shares. Qualified Institutional Buyers (QIB) are offered 80,94,068 shares in Indegene IPO and 31,29,993 shares in JNK India IPO.

 Indegene IPOJNK India IPO
Anchor Investor Reservation1,21,41,102 shares46,94,989 shares
Market Maker Reservation
QIB80,94,068 shares31,29,993 shares
NII60,70,552 shares23,47,496 shares
RII1,41,64,620 shares54,77,489 shares
Employee2,96,208 shares
Others
Total4,07,66,550 shares1,56,49,967 shares

Bids Received (Subscription)

Indegene IPO subscribed 70.30x in total, whereas JNK India IPO subscribed 28.46x.

 Indegene IPOJNK India IPO
QIB (times)192.72x74.40x
NII (times)55.91x23.80x
Big NII (times)62.23x27.73x
Small NII (times)43.26x15.94x
RII (times)7.86x4.20x
Employee (times)6.62x
Other (times)
Total (times)70.30x28.46x

Compare with others

Compare:

Indegene IPO Vs JNK India IPO