E Factor Experiences IPO vs Newjaisa Technologies IPO

Comparison between E Factor Experiences IPO and Newjaisa Technologies IPO.

IPO Details

E Factor Experiences 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.

Issue Size and Price

The total issue size of E Factor Experiences IPO is up to ₹24.61 Cr whereas the issue size of the Newjaisa Technologies IPO is up to ₹37.93 Cr. The final issue price of E Factor Experiences IPO is ₹75.00 per share and of Newjaisa Technologies IPO is ₹47.00 per share.

 E Factor Experiences IPONewjaisa Technologies IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹71.00 per share₹44.00 per share
Issue Price (Upper)₹75.00 per share₹47.00 per share
Issue Price (Final)₹75.00 per share₹47.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size32,81,600 shares80,70,000 shares
Fresh Issue Size (Amount)up to ₹24.61 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 Total32,81,600 shares80,70,000 shares
Issue Size Total (Amount)up to ₹24.61 Crup to ₹37.93 Cr

IPO Timetable

E Factor Experiences IPO opens on Sep 27, 2023, while Newjaisa Technologies IPO opens on Sep 25, 2023. The closing date of E Factor Experiences IPO and Newjaisa Technologies IPO is Oct 03, 2023, and Sep 27, 2023, respectively.

 E Factor Experiences IPONewjaisa Technologies IPO
Anchor Bid DateSep 26, 2023Sep 22, 2023
Issue OpenSep 27, 2023Sep 25, 2023
Issue CloseOct 03, 2023Sep 27, 2023
Basis Of Allotment (Tentative)Oct 06, 2023Oct 04, 2023
Initiation of Refunds (Tentative)Oct 07, 2023Oct 05, 2023
Credit of Share (Tentative)Oct 08, 2023Oct 06, 2023
Listing date (Tentative)Oct 09, 2023Oct 05, 2023
Anchor Lockin End date 1Nov 05, 2023Nov 03, 2023
Anchor Lockin End date 2Jan 04, 2024Jan 02, 2024

Financials & KPIs

E Factor Experiences IPO P/E ratio is 9.59, as compared to Newjaisa Technologies IPO P/E ratio of 15.51.

 E Factor Experiences IPONewjaisa Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets56.7549.1725.82
Total Income119.4557.009.91
Profit After Tax7.612.561.23
NET Worth11.023.520.97
Reserves and Surplus1.380.05-2.47
Total Borrowing9.135.916.83
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets22.095.593.38
Total Income44.5327.939.61
Profit After Tax6.761.800.73
NET Worth9.302.550.74
Reserves and Surplus8.942.190.73
Total Borrowing7.441.821.63
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9994.23
Promoter Shareholding (Post-Issue)73.59
P/E Ratio9.5915.51
Market Cap₹98.16 Cr.₹151.26 Cr.
ROE103.79%72.63%
ROCE54.85%72.63%
Debt/Equity0.83
EPS₹7.82₹3.03
RoNW68.35%72.63%

Shares Offered

In the E Factor Experiences IPO Retail Individual Investors (RII) are offered 11,48,800 shares while in Newjaisa Technologies IPO retail investors are offered 11,48,800 shares. Qualified Institutional Buyers (QIB) are offered 6,56,000 shares in E Factor Experiences IPO and 16,14,000 shares in Newjaisa Technologies IPO.

 E Factor Experiences IPONewjaisa Technologies IPO
Anchor Investor Reservation9,84,000 shares24,18,000 shares
Market Maker Reservation1,74,400 shares4,26,000 shares
QIB6,56,000 shares16,14,000 shares
NII4,92,800 shares12,12,000 shares
RII11,48,800 shares28,26,000 shares
Employee
Others
Total32,81,600 shares80,70,000 shares

Bids Received (Subscription)

E Factor Experiences IPO subscribed 73.14x in total, whereas Newjaisa Technologies IPO subscribed 6.85x.

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