JNK India IPO vs TBO Tek IPO

Comparison between JNK India IPO and TBO Tek IPO.

IPO Details

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

Issue Size and Price

The total issue size of JNK India IPO is up to ₹649.47 Cr whereas the issue size of the TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of JNK India IPO is ₹415.00 per share and of TBO Tek IPO is ₹920.00 per share.

 JNK India IPOTBO Tek IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹395.00 per share₹875.00 per share
Issue Price (Upper)₹415.00 per share₹920.00 per share
Issue Price (Final)₹415.00 per share₹920.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size36 shares16 shares
Fresh Issue Size72,28,915 shares43,47,826 shares
Fresh Issue Size (Amount)up to ₹300.00 Crup to ₹400.00 Cr
OFS Issue Size84,21,052 shares1,25,08,797 shares
OFS Issue Size (Amount)up to ₹349.47 Crup to ₹1,150.81 Cr
Issue Size Total1,56,49,967 shares1,68,56,623 shares
Issue Size Total (Amount)up to ₹649.47 Crup to ₹1,550.81 Cr

IPO Timetable

JNK India IPO opens on Apr 23, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of JNK India IPO and TBO Tek IPO is Apr 25, 2024, and May 10, 2024, respectively.

 JNK India IPOTBO Tek IPO
Anchor Bid DateApr 22, 2024May 07, 2024
Issue OpenApr 23, 2024May 08, 2024
Issue CloseApr 25, 2024May 10, 2024
Basis Of Allotment (Tentative)Apr 26, 2024May 13, 2024
Initiation of Refunds (Tentative)Apr 29, 2024May 14, 2024
Credit of Share (Tentative)Apr 29, 2024May 14, 2024
Listing date (Tentative)Apr 30, 2024May 15, 2024
Anchor Lockin End date 1May 26, 2024Jun 12, 2024
Anchor Lockin End date 2Jul 25, 2024Aug 11, 2024

Financials & KPIs

JNK India IPO P/E ratio is 43.32, as compared to TBO Tek IPO P/E ratio of 64.58.

 JNK India IPOTBO Tek IPO
Financials

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

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,754.052,557.931,271.43576.16
Total Income1,039.561,085.77511.93176.55
Profit After Tax154.18148.4933.72-34.14
NET Worth501.21337.19231.90204.07
Reserves and Surplus478.43317.57214.08197.58
Total Borrowing2.936.362.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.5651.26
Promoter Shareholding (Post-Issue)
P/E Ratio43.3264.58
Market Cap₹2308.27 Cr.₹9990.08 Cr.
ROE31.79%
ROCE34.73%
Debt/Equity0.34
EPS₹9.58₹14.25
RoNW31.79%30.76

Shares Offered

In the JNK India IPO Retail Individual Investors (RII) are offered 54,77,489 shares while in TBO Tek IPO retail investors are offered 54,77,489 shares. Qualified Institutional Buyers (QIB) are offered 31,29,993 shares in JNK India IPO and 50,47,205 shares in TBO Tek IPO.

 JNK India IPOTBO Tek IPO
Anchor Investor Reservation46,94,989 shares75,70,807 shares
Market Maker Reservation
QIB31,29,993 shares50,47,205 shares
NII23,47,496 shares25,23,602 shares
RII54,77,489 shares16,82,401 shares
Employee32,608 shares
Others
Total1,56,49,967 shares1,68,56,623 shares

Bids Received (Subscription)

JNK India IPO subscribed 28.46x in total, whereas TBO Tek IPO subscribed 86.69x.

 JNK India IPOTBO Tek IPO
QIB (times)74.40x125.51x
NII (times)23.80x50.60x
Big NII (times)27.73x55.82x
Small NII (times)15.94x40.15x
RII (times)4.20x25.72x
Employee (times)17.81x
Other (times)
Total (times)28.46x86.69x

Compare with others

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JNK India IPO Vs TBO Tek IPO