Comparison between Jain International Power IPO and Manilam Industries IPO.
Jain International Power IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Manilam Industries IPO is a SME Bookbuilding proposed to list at NSE SME.
| Jain International Power IPO | Manilam Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | NEXGEN Financial Solutions Pvt. Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Jain International Power IPO is up to ₹70.00 Cr whereas the issue size of the Manilam Industries IPO is up to ₹37.94 Cr. The final issue price of Jain International Power IPO is and of Manilam Industries IPO is ₹69.00 per share.
| Jain International Power IPO | Manilam Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | |
| Issue Price (Upper) | ₹69.00 per share | |
| Issue Price (Final) | ₹69.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | |
| Fresh Issue Size | 0 shares | 44,06,000 shares |
| Fresh Issue Size (Amount) | up to ₹70.00 Cr | up to ₹30.40 Cr |
| OFS Issue Size | 0 shares | 10,92,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹7.53 Cr |
| Issue Size Total | 0 shares | 54,98,000 shares |
| Issue Size Total (Amount) | up to ₹70.00 Cr | up to ₹37.94 Cr |
Jain International Power IPO opens on , while Manilam Industries IPO opens on Feb 20, 2026. The closing date of Jain International Power IPO and Manilam Industries IPO is , and Feb 24, 2026, respectively.
| Jain International Power IPO | Manilam Industries IPO | |
|---|---|---|
| Anchor Bid Date | Feb 19, 2026 | |
| Issue Open | Feb 20, 2026 | |
| Issue Close | Feb 24, 2026 | |
| Basis Of Allotment (Tentative) | Feb 25, 2026 | |
| Initiation of Refunds (Tentative) | Feb 26, 2026 | |
| Credit of Share (Tentative) | Feb 26, 2026 | |
| Listing date (Tentative) | Feb 27, 2026 | |
| Anchor Lockin End date 1 | Mar 27, 2026 | |
| Anchor Lockin End date 2 | May 26, 2026 |
Jain International Power IPO P/E ratio is , as compared to Manilam Industries IPO P/E ratio of 16.04.
| Jain International Power IPO | Manilam Industries IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)Jain International Power Ltd.'s revenue increased by 195% and profit after tax (PAT) rose by 349% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.74 | 78.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹150.75 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 88.00 | 24.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.49 | 36.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 88.00 | 24.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Jain International Power IPO Retail Individual Investors (RII) are offered 0 shares while in Manilam Industries IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Jain International Power IPO and 11,04,000 shares in Manilam Industries IPO.
| Jain International Power IPO | Manilam Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 16,38,000 shares |
| Market Maker Reservation | 0 shares | 2,92,000 shares |
| QIB | 0 shares | 11,04,000 shares |
| NII | 0 shares | 8,28,000 shares |
| RII | 0 shares | 19,28,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 54,98,000 shares |
Jain International Power IPO subscribed in total, whereas Manilam Industries IPO subscribed 6.25x.
| Jain International Power IPO | Manilam Industries IPO | |
|---|---|---|
| QIB (times) | 2.24x | |
| NII (times) | 12.49x | |
| Big NII (times) | 14.16x | |
| Small NII (times) | 9.14x | |
| RII (times) | 5.88x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.25x |
