Comparison between JNK India IPO and SRM Contractors IPO.
JNK India 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 JNK India IPO is up to ₹649.47 Cr whereas the issue size of the SRM Contractors IPO is up to ₹130.20 Cr. The final issue price of JNK India IPO is ₹415.00 per share and of SRM Contractors IPO is ₹210.00 per share.
| JNK India IPO | SRM Contractors IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹395.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹415.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹415.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 36 shares | 70 shares |
| Fresh Issue Size | 72,28,915 shares | 62,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹130.20 Cr |
| OFS Issue Size | 84,21,052 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹349.47 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,56,49,967 shares | 62,00,000 shares |
| Issue Size Total (Amount) | up to ₹649.47 Cr | up to ₹130.20 Cr |
JNK India IPO opens on Apr 23, 2024, while SRM Contractors IPO opens on Mar 26, 2024. The closing date of JNK India IPO and SRM Contractors IPO is Apr 25, 2024, and Mar 28, 2024, respectively.
| JNK India IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Bid Date | Apr 22, 2024 | Mar 22, 2024 |
| Issue Open | Apr 23, 2024 | Mar 26, 2024 |
| Issue Close | Apr 25, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Apr 26, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Apr 29, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Apr 29, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Apr 30, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | May 26, 2024 | May 01, 2024 |
| Anchor Lockin End date 2 | Jul 25, 2024 | Jun 30, 2024 |
JNK India IPO P/E ratio is 43.32, as compared to SRM Contractors IPO P/E ratio of 18.76.
| JNK India IPO | SRM Contractors IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.56 | 99.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 43.32 | 18.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2308.27 Cr. | ₹481.83 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.79% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.73% | 29.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.34 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.58 | ₹11.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.79% | 25.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the JNK India IPO Retail Individual Investors (RII) are offered 54,77,489 shares while in SRM Contractors IPO retail investors are offered 54,77,489 shares. Qualified Institutional Buyers (QIB) are offered 31,29,993 shares in JNK India IPO and 12,40,100 shares in SRM Contractors IPO.
| JNK India IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Investor Reservation | 46,94,989 shares | 18,59,900 shares |
| Market Maker Reservation | ||
| QIB | 31,29,993 shares | 12,40,100 shares |
| NII | 23,47,496 shares | 9,30,000 shares |
| RII | 54,77,489 shares | 21,70,000 shares |
| Employee | ||
| Others | ||
| Total | 1,56,49,967 shares | 62,00,000 shares |
JNK India IPO subscribed 28.46x in total, whereas SRM Contractors IPO subscribed 86.57x.
| JNK India IPO | SRM Contractors IPO | |
|---|---|---|
| QIB (times) | 74.40x | 59.59x |
| NII (times) | 23.80x | 214.94x |
| Big NII (times) | 27.73x | 220.57x |
| Small NII (times) | 15.94x | 203.67x |
| RII (times) | 4.20x | 46.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 28.46x | 86.57x |
