Comparison between Jayant Infratech IPO and Modi's Navnirman IPO.
IPO Details
Jayant Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Modi's Navnirman IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Jayant Infratech IPO is up to ₹5.87 Cr whereas the issue size of the Modi's Navnirman IPO is up to ₹21.46 Cr. The final issue price of Jayant Infratech IPO is ₹67.00 per share and of Modi's Navnirman IPO is ₹180.00 per share.
IPO Timetable
Jayant Infratech IPO opens on Jun 30, 2022, while Modi's Navnirman IPO opens on Jun 23, 2022. The closing date of Jayant Infratech IPO and Modi's Navnirman IPO is Jul 05, 2022, and Jun 28, 2022, respectively.
| | Jayant Infratech IPO | Modi's Navnirman IPO |
|---|
| Issue Open | Jun 30, 2022 | Jun 23, 2022 |
| Issue Close | Jul 05, 2022 | Jun 28, 2022 |
| Basis Of Allotment (Tentative) | Jul 08, 2022 | Jul 01, 2022 |
| Initiation of Refunds (Tentative) | Jul 11, 2022 | Jul 04, 2022 |
| Credit of Share (Tentative) | Jul 12, 2022 | Jul 05, 2022 |
| Listing date (Tentative) | Jul 13, 2022 | Jul 06, 2022 |
Financials & KPIs
Jayant Infratech IPO P/E ratio is 14.44, as compared to Modi's Navnirman IPO P/E ratio of 57.32.
Shares Offered
In the Jayant Infratech IPO Retail Individual Investors (RII) are offered 4,38,000 shares while in Modi's Navnirman IPO retail investors are offered 4,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Jayant Infratech IPO and in Modi's Navnirman IPO.
| | Jayant Infratech IPO | Modi's Navnirman IPO |
|---|
| Market Maker Reservation | 48,000 shares | 68,000 shares |
| NII | 4,38,000 shares | 5,96,000 shares |
| RII | 4,38,000 shares | 5,96,000 shares |
| Total | 8,76,000 shares | 11,92,000 shares |
Bids Received (Subscription)
Jayant Infratech IPO subscribed 4.00x in total, whereas Modi's Navnirman IPO subscribed 1.99x.
