Comparison between Newjaisa Technologies IPO and Vishnusurya Projects IPO.
Newjaisa Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vishnusurya Projects IPO is a SME Fixed Price proposed to list at NSE SME.
| Newjaisa Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Khandwala Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers 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 Vishnusurya Projects IPO is up to ₹47.46 Cr. The final issue price of Newjaisa Technologies IPO is ₹47.00 per share and of Vishnusurya Projects IPO is ₹68.00 per share.
| Newjaisa Technologies IPO | Vishnusurya Projects 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 | ₹68.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 80,70,000 shares | 69,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.93 Cr | up to ₹47.46 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 | 69,80,000 shares |
| Issue Size Total (Amount) | up to ₹37.93 Cr | up to ₹47.46 Cr |
Newjaisa Technologies IPO opens on Sep 25, 2023, while Vishnusurya Projects IPO opens on Sep 29, 2023. The closing date of Newjaisa Technologies IPO and Vishnusurya Projects IPO is Sep 27, 2023, and Oct 05, 2023, respectively.
| Newjaisa Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Sep 25, 2023 | Sep 29, 2023 |
| Issue Close | Sep 27, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 10, 2023 |
| Listing date (Tentative) | Oct 05, 2023 | Oct 10, 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 Vishnusurya Projects IPO P/E ratio of 2.69.
| Newjaisa Technologies IPO | Vishnusurya Projects IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.23 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.51 | 2.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹151.26 Cr. | ₹167.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 72.63% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.63% | 31.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.03 | ₹25.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.63% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Newjaisa Technologies IPO Retail Individual Investors (RII) are offered 28,26,000 shares while in Vishnusurya Projects 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 Vishnusurya Projects IPO.
| Newjaisa Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | 24,18,000 shares | |
| Market Maker Reservation | 4,26,000 shares | 3,70,000 shares |
| QIB | 16,14,000 shares | |
| NII | 12,12,000 shares | 34,90,000 shares |
| RII | 28,26,000 shares | 34,90,000 shares |
| Employee | ||
| Others | ||
| Total | 80,70,000 shares | 69,80,000 shares |
Newjaisa Technologies IPO subscribed 6.85x in total, whereas Vishnusurya Projects IPO subscribed 44.11x.
| Newjaisa Technologies IPO | Vishnusurya Projects IPO | |
|---|---|---|
| QIB (times) | 1.02x | |
| NII (times) | 15.34x | 36.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.54x | 43.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.85x | 44.11x |
