Comparison between Newjaisa Technologies IPO and Sunita Tools IPO.
Newjaisa Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunita Tools IPO is a SME Fixed Price proposed to list at BSE SME.
| Newjaisa Technologies IPO | Sunita Tools 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. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 Sunita Tools IPO is up to ₹20.91 Cr. The final issue price of Newjaisa Technologies IPO is ₹47.00 per share and of Sunita Tools IPO is ₹145.00 per share.
| Newjaisa Technologies IPO | Sunita Tools 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 | ₹145.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 80,70,000 shares | 12,42,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.93 Cr | up to ₹18.01 Cr |
| OFS Issue Size | 0 shares | 2,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.90 Cr |
| Issue Size Total | 80,70,000 shares | 14,42,000 shares |
| Issue Size Total (Amount) | up to ₹37.93 Cr | up to ₹20.91 Cr |
Newjaisa Technologies IPO opens on Sep 25, 2023, while Sunita Tools IPO opens on Sep 26, 2023. The closing date of Newjaisa Technologies IPO and Sunita Tools IPO is Sep 27, 2023, and Oct 03, 2023, respectively.
| Newjaisa Technologies IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Sep 25, 2023 | Sep 26, 2023 |
| Issue Close | Sep 27, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 04, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 05, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 05, 2023 | Oct 11, 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 Sunita Tools IPO P/E ratio of 16.88.
| Newjaisa Technologies IPO | Sunita Tools IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.23 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.51 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹151.26 Cr. | ₹81.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 72.63% | 1259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.63% | 36.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.03 | ₹13.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.63% | 105.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Newjaisa Technologies IPO Retail Individual Investors (RII) are offered 28,26,000 shares while in Sunita Tools 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 Sunita Tools IPO.
| Newjaisa Technologies IPO | Sunita Tools IPO | |
|---|---|---|
| Anchor Investor Reservation | 24,18,000 shares | |
| Market Maker Reservation | 4,26,000 shares | 78,000 shares |
| QIB | 16,14,000 shares | |
| NII | 12,12,000 shares | 7,21,000 shares |
| RII | 28,26,000 shares | 7,21,000 shares |
| Employee | ||
| Others | ||
| Total | 80,70,000 shares | 14,42,000 shares |
Newjaisa Technologies IPO subscribed 6.85x in total, whereas Sunita Tools IPO subscribed 13.24x.
| Newjaisa Technologies IPO | Sunita Tools IPO | |
|---|---|---|
| QIB (times) | 1.02x | |
| NII (times) | 15.34x | 5.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.54x | 21.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.85x | 13.24x |
