Janus IPO vs Madhav Copper FPO

Comparison between Janus IPO and Madhav Copper FPO.

IPO Details

Janus IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Madhav Copper FPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Janus IPO is up to ₹7.59 Cr whereas the issue size of the Madhav Copper FPO is up to ₹24.21 Cr. The final issue price of Janus IPO is ₹50.00 per share and of Madhav Copper FPO is ₹102.00 per share.

 Janus IPOMadhav Copper FPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹50.00 per share₹102.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1200 shares
Fresh Issue Size15,18,000 shares23,73,600 shares
Fresh Issue Size (Amount)up to ₹7.59 Crup to ₹24.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,18,000 shares23,73,600 shares
Issue Size Total (Amount)up to ₹7.59 Crup to ₹24.21 Cr

IPO Timetable

Janus IPO opens on Jan 27, 2020, while Madhav Copper FPO opens on Jan 27, 2020. The closing date of Janus IPO and Madhav Copper FPO is Jan 30, 2020, and Jan 30, 2020, respectively.

 Janus IPOMadhav Copper FPO
Issue OpenJan 27, 2020Jan 27, 2020
Issue CloseJan 30, 2020Jan 30, 2020
Basis Of Allotment (Tentative)Feb 04, 2020Feb 04, 2020
Initiation of Refunds (Tentative)Feb 05, 2020Feb 05, 2020
Credit of Share (Tentative)Feb 06, 2020Feb 06, 2020
Listing date (Tentative)Feb 06, 2020Feb 06, 2020

Financials & KPIs

Janus IPO P/E ratio is 57, as compared to Madhav Copper FPO P/E ratio of 53.

 Janus IPOMadhav Copper FPO
Financials

Company Financials (Restated)

Period Ended31 Oct 201931 Mar 201931 Mar 201831 Mar 2017
Assets9.609.588.596.87
Total Income10.7317.1425.1612.82
Profit After Tax0.290.480.220.43
EBITDA0.831.090.890.77
NET Worth5.825.535.054.83
Reserves and Surplus1.981.691.210.99
Total Borrowing0.080.100.140.22
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets16.968.4312.014.94
Total Income23.6835.6419.691.12
Profit After Tax0.580.660.35-0.43
NET Worth2.662.081.420.32
Reserves and Surplus1.160.58-0.08-0.43
Total Borrowing8.085.516.403.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.23%100%
Promoter Shareholding (Post-Issue)65.09%73.04%
P/E Ratio5753
Market Cap₹28.70 Cr.₹276.86 Cr.

Shares Offered

In the Janus IPO Retail Individual Investors (RII) are offered 7,59,000 shares while in Madhav Copper FPO retail investors are offered 7,59,000 shares. Qualified Institutional Buyers (QIB) are offered in Janus IPO and in Madhav Copper FPO.

 Janus IPOMadhav Copper FPO
Market Maker Reservation81,000 shares1,26,000 shares
NII7,59,000 shares11,86,800 shares
RII7,59,000 shares11,86,800 shares
Total15,18,000 shares23,73,600 shares

Bids Received (Subscription)

Janus IPO subscribed 1.26x in total, whereas Madhav Copper FPO subscribed 1.74x.

 Janus IPOMadhav Copper FPO
NII (times)1.03x1.72x
RII (times)1.48x1.77x
Total (times)1.26x1.74x

Compare with others

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Janus IPO Vs Madhav Copper FPO