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Jonjua Overseas IPO vs Surani Steel Tubes IPO

Comparison between Jonjua Overseas IPO and Surani Steel Tubes IPO.

IPO Details

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 IPOSurani Steel Tubes IPO
LogoJonjua Overseas IPO LogoSurani Steel Tubes IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarSatellite Corporate Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOSurani 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 Size10000 shares2000 shares
Fresh Issue Size12,30,000 shares23,58,000 shares
Fresh Issue Size (Amount)up to ₹1.23 Crup to ₹12.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,30,000 shares23,58,000 shares
Issue Size Total (Amount)up to ₹1.23 Crup to ₹12.26 Cr

IPO Timetable

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 IPOSurani Steel Tubes IPO
Anchor Bid Date
Issue OpenFeb 12, 2019Jan 25, 2019
Issue CloseFeb 15, 2019Jan 29, 2019
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Feb 25, 2019Feb 06, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Jonjua Overseas IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .

 Jonjua Overseas IPOSurani Steel Tubes IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-May-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 559.91 472.94 381.25 331.57 9.15 4.68
Total Revenue 32.27 65.57 37.31 31.67 23.77 15.72
Profit After Tax 1.25 3.18 2.06 1.37 0.044 (0.011)
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 3,528.36 2,836.35 2,298.30 1,594.83 1,541.34
Total Revenue 10,079.72 7,670.08 6,845.89 5,814.16 3,599.92
Profit After Tax 172.44 99.90 109.60 16.25 (2.99)
Promoter Shareholding (Pre-Issue)75.3120,95,000 Shares (36.12)
Promoter Shareholding (Post-Issue)63.57
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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 IPOSurani Steel Tubes IPO
Anchor Investor Reserveration
Market Maker Reserveration70,000 shares1,26,000 shares
QIB
NII6,10,000 shares11,78,000 shares
RII6,20,000 shares11,80,000 shares
Employee
Others
Total12,30,000 shares23,58,000 shares

Bids Received (Subscription)

Jonjua Overseas IPO subscribed 1.17x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.

 Jonjua Overseas IPOSurani Steel Tubes IPO
QIB (times)
NII (times)1.02x1.70x
Big NII (times)
Small NII (times)
RII (times)1.32x1.23x
Employee (times)
Other (times)
Total (times)1.17x1.55x