Jyoti CNC Automation IPO vs Credo Brands Marketing IPO

Comparison between Jyoti CNC Automation IPO and Credo Brands Marketing IPO.

IPO Details

Jyoti CNC Automation IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Credo Brands Marketing IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Jyoti CNC Automation IPO is up to ₹1,000.00 Cr whereas the issue size of the Credo Brands Marketing IPO is up to ₹549.78 Cr. The final issue price of Jyoti CNC Automation IPO is ₹331.00 per share and of Credo Brands Marketing IPO is ₹280.00 per share.

 Jyoti CNC Automation IPOCredo Brands Marketing IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹315.00 per share₹266.00 per share
Issue Price (Upper)₹331.00 per share₹280.00 per share
Issue Price (Final)₹331.00 per share₹280.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size45 shares53 shares
Fresh Issue Size3,02,18,649 shares0 shares
Fresh Issue Size (Amount)up to ₹1,000.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares1,96,34,960 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹549.78 Cr
Issue Size Total3,02,18,649 shares1,96,34,960 shares
Issue Size Total (Amount)up to ₹1,000.00 Crup to ₹549.78 Cr

IPO Timetable

Jyoti CNC Automation IPO opens on Jan 09, 2024, while Credo Brands Marketing IPO opens on Dec 19, 2023. The closing date of Jyoti CNC Automation IPO and Credo Brands Marketing IPO is Jan 11, 2024, and Dec 21, 2023, respectively.

 Jyoti CNC Automation IPOCredo Brands Marketing IPO
Anchor Bid DateJan 08, 2024Dec 18, 2023
Issue OpenJan 09, 2024Dec 19, 2023
Issue CloseJan 11, 2024Dec 21, 2023
Basis Of Allotment (Tentative)Jan 12, 2024Dec 22, 2023
Initiation of Refunds (Tentative)Jan 15, 2024Dec 26, 2023
Credit of Share (Tentative)Jan 15, 2024Dec 26, 2023
Listing date (Tentative)Jan 16, 2024Dec 27, 2023
Anchor Lockin End date 1Feb 11, 2024Jan 21, 2024
Anchor Lockin End date 2Apr 11, 2024Mar 21, 2024

Financials & KPIs

Jyoti CNC Automation IPO P/E ratio is 433.43, as compared to Credo Brands Marketing IPO P/E ratio of 23.22.

 Jyoti CNC Automation IPOCredo Brands Marketing IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,706.071,515.381,286.241,388.19
Total Income510.53952.60750.06590.09
Profit After Tax3.3515.06-48.30-70.03
NET Worth205.6336.23-29.6818.67
Reserves and Surplus213.3349.1411.6783.11
Total Borrowing821.40834.97792.16725.12
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets592.38574.48476.05416.99
Total Income119.43509.32354.84261.15
Profit After Tax8.5877.5135.743.44
NET Worth289.88281.35235.73192.33
Total Borrowing11.3010.0813.4615.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.6666.66
Promoter Shareholding (Post-Issue)62.653.66
P/E Ratio433.4323.22
Market Cap₹7527.47 Cr.₹1800.45 Cr.
ROE18.35%29.98%
ROCE9.50%28.16%
Debt/Equity10.170.65
EPS₹0.76₹0.54
RoNW18.35%29.98%

Shares Offered

In the Jyoti CNC Automation IPO Retail Individual Investors (RII) are offered 30,06,042 shares while in Credo Brands Marketing IPO retail investors are offered 30,06,042 shares. Qualified Institutional Buyers (QIB) are offered 90,18,127 shares in Jyoti CNC Automation IPO and 39,26,992 shares in Credo Brands Marketing IPO.

 Jyoti CNC Automation IPOCredo Brands Marketing IPO
Anchor Investor Reservation1,35,27,190 shares58,90,488 shares
Market Maker Reservation
QIB90,18,127 shares39,26,992 shares
NII45,09,063 shares29,45,244 shares
RII30,06,042 shares68,72,236 shares
Employee1,58,227 shares
Others
Total3,02,18,649 shares1,96,34,960 shares

Bids Received (Subscription)

Jyoti CNC Automation IPO subscribed 40.49x in total, whereas Credo Brands Marketing IPO subscribed 51.85x.

 Jyoti CNC Automation IPOCredo Brands Marketing IPO
QIB (times)46.37x104.95x
NII (times)38.33x55.52x
Big NII (times)42.77x55.73x
Small NII (times)29.47x55.10x
RII (times)27.50x19.94x
Employee (times)13.14x
Other (times)
Total (times)40.49x51.85x

Compare with others

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Jyoti CNC Automation IPO Vs Credo Brands Marketing IPO