Jerai Fintess IPO vs Kusumgar IPO

Comparison between Jerai Fintess IPO and Kusumgar IPO.

IPO Details

Jerai Fintess IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kusumgar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Jerai Fintess IPO is up to ₹0.00 Cr whereas the issue size of the Kusumgar IPO is up to ₹650.00 Cr. The final issue price of Jerai Fintess IPO is and of Kusumgar IPO is ₹419.00 per share.

 Jerai Fintess IPOKusumgar IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹398.00 per share
Issue Price (Upper)₹419.00 per share
Issue Price (Final)₹419.00 per share
Discount (Retail)
Discount (Employee)₹39.00 per share
Market Lot Size35 shares
Fresh Issue Size0 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size43,92,500 shares1,55,21,350 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹650.00 Cr
Issue Size Total43,92,500 shares1,55,21,350 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹650.00 Cr

IPO Timetable

Jerai Fintess IPO opens on , while Kusumgar IPO opens on Jul 08, 2026. The closing date of Jerai Fintess IPO and Kusumgar IPO is , and Jul 10, 2026, respectively.

Financials & KPIs

Jerai Fintess IPO P/E ratio is , as compared to Kusumgar IPO P/E ratio of 44.8.

 Jerai Fintess IPOKusumgar IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets155.63121.44106.95
Total Income134.74110.55116.76
Profit After Tax23.4017.9719.28
EBITDA31.2229.0031.01
NET Worth104.5781.2363.20
Total Borrowing1.491.997.78
Amount in ₹ Crore

Company Financials (Restated)

Kusumgar Ltd.'s revenue decreased by 10% and profit after tax (PAT) dropped by 12% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets905.07632.40584.74
Total Income711.78790.21474.55
Profit After Tax98.20111.9984.40
EBITDA187.85188.39131.85
NET Worth502.95257.75140.36
Reserves and Surplus491.05247.60138.37
Total Borrowing223.58246.5076.53
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10089.44
Promoter Shareholding (Post-Issue)74.72
P/E Ratio44.8
Market Cap₹4399.14 Cr.
ROE25.1925.82
ROCE33.9724.76
Debt/Equity0.010.44
EPS₹9.35
RoNW25.1925.82

Shares Offered

In the Jerai Fintess IPO Retail Individual Investors (RII) are offered 0 shares while in Kusumgar IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Jerai Fintess IPO and 30,85,919 shares in Kusumgar IPO.

 Jerai Fintess IPOKusumgar IPO
Anchor Investor Reservation0 shares46,28,877 shares
Market Maker Reservation0 shares0 shares
QIB0 shares30,85,919 shares
NII0 shares23,14,439 shares
RII0 shares54,00,358 shares
Employee0 shares92,105 shares
Others
Total0 shares1,55,21,698 shares

Bids Received (Subscription)

Jerai Fintess IPO subscribed in total, whereas Kusumgar IPO subscribed 95.23x.

 Jerai Fintess IPOKusumgar IPO
QIB (times)299.09x
NII (times)174.19x
Big NII (times)189.30x
Small NII (times)143.97x
RII (times)27.95x
Employee (times)11.09x
Other (times)
Total (times)95.23x

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