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Arabian Petroleum IPO vs Newjaisa Technologies IPO

Comparison between Arabian Petroleum IPO and Newjaisa Technologies IPO.

IPO Details

Arabian Petroleum IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Newjaisa Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

 Arabian Petroleum IPONewjaisa Technologies IPO
LogoArabian Petroleum IPO LogoNewjaisa Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Indorient Financial Services Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Newjaisa Technologies IPO is up to ₹37.93 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Newjaisa Technologies IPO is ₹47.00 per share.

 Arabian Petroleum IPONewjaisa Technologies IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹44.00 per share
Issue Price (Upper)₹47.00 per share
Issue Price (Final)₹70.00 per share₹47.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size27,44,000 shares80,70,000 shares
Fresh Issue Size (Amount)up to ₹19.21 Crup to ₹37.93 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,44,000 shares80,70,000 shares
Issue Size Total (Amount)up to ₹19.21 Crup to ₹37.93 Cr

IPO Timetable

Arabian Petroleum IPO opens on Sep 25, 2023, while Newjaisa Technologies IPO opens on Sep 25, 2023. The closing date of Arabian Petroleum IPO and Newjaisa Technologies IPO is Sep 27, 2023, and Sep 27, 2023, respectively.

 Arabian Petroleum IPONewjaisa Technologies IPO
Anchor Bid DateSep 22, 2023
Issue OpenSep 25, 2023Sep 25, 2023
Issue CloseSep 27, 2023Sep 27, 2023
Basis Of Allotment (Tentative)Oct 04, 2023Oct 04, 2023
Initiation of Refunds (Tentative)Oct 05, 2023Oct 05, 2023
Credit of Share (Tentative)Oct 06, 2023Oct 06, 2023
Listing date (Tentative)Oct 09, 2023Oct 05, 2023
Anchor Lockin End date 1Nov 03, 2023
Anchor Lockin End date 2Jan 02, 2024

Financials & KPIs

Arabian Petroleum IPO P/E ratio is 11.51, as compared to Newjaisa Technologies IPO P/E ratio of 15.51.

 Arabian Petroleum IPONewjaisa Technologies IPO
Financials
Arabian Petroleum IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets5,031.887,134.947,650.88
Total Income11,024.5419,159.1024,394.68
Profit After Tax287.54414.34486.48
Net Worth1,301.981,716.322,202.80
Reserves and Surplus1,101.981,516.321,402.80
Total Borrowing2,197.752,948.973,830.66
Amount in ₹ Lakhs
Newjaisa Technologies IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets337.99559.152,208.70
Total Income960.712,792.504,453.23
Profit After Tax73.36180.19675.57
Net Worth74.36254.55930.12
Reserves and Surplus73.36218.55894.12
Total Borrowing162.64181.82743.70
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0094.23
Promoter Shareholding (Post-Issue)73.45
P/E Ratio11.5115.51
Market Cap₹76.24 Cr.₹151.26 Cr.
ROE22.08%72.63%
ROCE32.47%72.63%
Debt/Equity1.75
EPS₹6.08₹3.03
RoNW22.08%72.63%

Shares Offered

In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Newjaisa Technologies IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and 16,14,000 shares in Newjaisa Technologies IPO.

 Arabian Petroleum IPONewjaisa Technologies IPO
Anchor Investor Reserveration24,18,000 shares
Market Maker Reserveration1,48,000 shares4,26,000 shares
QIB16,14,000 shares
NII13,72,000 shares12,12,000 shares
RII13,72,000 shares28,26,000 shares
Employee
Others
Total27,44,000 shares80,70,000 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.91x in total, whereas Newjaisa Technologies IPO subscribed 6.85x.

 Arabian Petroleum IPONewjaisa Technologies IPO
QIB (times)1.02x
NII (times)15.72x15.34x
Big NII (times)
Small NII (times)
RII (times)23.19x6.54x
Employee (times)
Other (times)
Total (times)19.91x6.85x