Comparison between Newjaisa Technologies IPO and Organic Recycling Systems IPO.
Newjaisa Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Organic Recycling Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| Newjaisa Technologies IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Arihant Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Newjaisa Technologies IPO is up to ₹37.93 Cr whereas the issue size of the Organic Recycling Systems IPO is up to ₹47.40 Cr. The final issue price of Newjaisa Technologies IPO is ₹47.00 per share and of Organic Recycling Systems IPO is ₹200.00 per share.
| Newjaisa Technologies IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹44.00 per share | |
| Issue Price (Upper) | ₹47.00 per share | |
| Issue Price (Final) | ₹47.00 per share | ₹200.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 600 shares |
| Fresh Issue Size | 80,70,000 shares | 23,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.93 Cr | up to ₹47.40 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 80,70,000 shares | 23,70,000 shares |
| Issue Size Total (Amount) | up to ₹37.93 Cr | up to ₹47.40 Cr |
Newjaisa Technologies IPO opens on Sep 25, 2023, while Organic Recycling Systems IPO opens on Sep 21, 2023. The closing date of Newjaisa Technologies IPO and Organic Recycling Systems IPO is Sep 27, 2023, and Sep 26, 2023, respectively.
| Newjaisa Technologies IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Sep 25, 2023 | Sep 21, 2023 |
| Issue Close | Sep 27, 2023 | Sep 26, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Sep 29, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 03, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 04, 2023 |
| Listing date (Tentative) | Oct 05, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | Nov 03, 2023 | |
| Anchor Lockin End date 2 | Jan 02, 2024 |
Newjaisa Technologies IPO P/E ratio is 15.51, as compared to Organic Recycling Systems IPO P/E ratio of 25.54.
| Newjaisa Technologies IPO | Organic Recycling Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs |
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.23 | 30.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 20.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.51 | 25.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹151.26 Cr. | ₹153.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 72.63% | 21.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.63% | 13.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.03 | ₹7.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.63% | 14.33% |
In the Newjaisa Technologies IPO Retail Individual Investors (RII) are offered 28,26,000 shares while in Organic Recycling Systems IPO retail investors are offered 28,26,000 shares. Qualified Institutional Buyers (QIB) are offered 16,14,000 shares in Newjaisa Technologies IPO and in Organic Recycling Systems IPO.
| Newjaisa Technologies IPO | Organic Recycling Systems IPO | |
|---|---|---|
| Anchor Investor Reserveration | 24,18,000 shares | |
| Market Maker Reserveration | 4,26,000 shares | 1,30,200 shares |
| QIB | 16,14,000 shares | |
| NII | 12,12,000 shares | 11,85,000 shares |
| RII | 28,26,000 shares | 11,85,000 shares |
| Employee | ||
| Others | ||
| Total | 80,70,000 shares | 23,70,000 shares |
Newjaisa Technologies IPO subscribed 6.85x in total, whereas Organic Recycling Systems IPO subscribed 3.24x.
| Newjaisa Technologies IPO | Organic Recycling Systems IPO | |
|---|---|---|
| QIB (times) | 1.02x | |
| NII (times) | 15.34x | 4.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.54x | 2.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.85x | 3.24x |
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