Comparison between Jonjua Overseas IPO and Surani Steel Tubes IPO.
Jonjua Overseas IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Surani Steel Tubes IPO is a SME Bookbuilding proposed to list at NSE SME.
| Jonjua Overseas IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Satellite Corporate Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Jonjua Overseas IPO is up to ₹1.23 Cr whereas the issue size of the Surani Steel Tubes IPO is up to ₹12.26 Cr. The final issue price of Jonjua Overseas IPO is ₹10.00 per share and of Surani Steel Tubes IPO is ₹52.00 per share.
| Jonjua Overseas IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | |
| Issue Price (Upper) | ₹52.00 per share | |
| Issue Price (Final) | ₹10.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 2000 shares |
| Fresh Issue Size | 12,30,000 shares | 23,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.23 Cr | up to ₹12.26 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 12,30,000 shares | 23,58,000 shares |
| Issue Size Total (Amount) | up to ₹1.23 Cr | up to ₹12.26 Cr |
Jonjua Overseas IPO opens on Feb 12, 2019, while Surani Steel Tubes IPO opens on Jan 25, 2019. The closing date of Jonjua Overseas IPO and Surani Steel Tubes IPO is Feb 15, 2019, and Jan 29, 2019, respectively.
| Jonjua Overseas IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 12, 2019 | Jan 25, 2019 |
| Issue Close | Feb 15, 2019 | Jan 29, 2019 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 25, 2019 | Feb 06, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jonjua Overseas IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .
| Jonjua Overseas IPO | Surani Steel Tubes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 75.31 | 20,95,000 Shares (36.12) | ||||
| Promoter Shareholding (Post-Issue) | 63.57 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹4.74 Cr. | ₹43.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Jonjua Overseas IPO Retail Individual Investors (RII) are offered 6,20,000 shares while in Surani Steel Tubes IPO retail investors are offered 6,20,000 shares. Qualified Institutional Buyers (QIB) are offered in Jonjua Overseas IPO and in Surani Steel Tubes IPO.
| Jonjua Overseas IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 70,000 shares | 1,26,000 shares |
| QIB | ||
| NII | 6,10,000 shares | 11,78,000 shares |
| RII | 6,20,000 shares | 11,80,000 shares |
| Employee | ||
| Others | ||
| Total | 12,30,000 shares | 23,58,000 shares |
Jonjua Overseas IPO subscribed 1.17x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.
| Jonjua Overseas IPO | Surani Steel Tubes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.02x | 1.80x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.32x | 1.29x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.17x | 1.55x |
