Jyoti CNC Automation IPO vs Nova AgriTech IPO

Comparison between Jyoti CNC Automation IPO and Nova AgriTech IPO.

IPO Details

Jyoti CNC Automation IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nova AgriTech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Jyoti CNC Automation IPO is up to ₹1,000.00 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of Jyoti CNC Automation IPO is ₹331.00 per share and of Nova AgriTech IPO is ₹41.00 per share.

 Jyoti CNC Automation IPONova AgriTech IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹315.00 per share₹39.00 per share
Issue Price (Upper)₹331.00 per share₹41.00 per share
Issue Price (Final)₹331.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size45 shares365 shares
Fresh Issue Size3,02,18,649 shares2,73,17,073 shares
Fresh Issue Size (Amount)up to ₹1,000.00 Crup to ₹112.00 Cr
OFS Issue Size0 shares77,58,620 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹31.81 Cr
Issue Size Total3,02,18,649 shares3,50,75,693 shares
Issue Size Total (Amount)up to ₹1,000.00 Crup to ₹143.81 Cr

IPO Timetable

Jyoti CNC Automation IPO opens on Jan 09, 2024, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of Jyoti CNC Automation IPO and Nova AgriTech IPO is Jan 11, 2024, and Jan 25, 2024, respectively.

 Jyoti CNC Automation IPONova AgriTech IPO
Anchor Bid DateJan 08, 2024Jan 19, 2024
Issue OpenJan 09, 2024Jan 23, 2024
Issue CloseJan 11, 2024Jan 25, 2024
Basis Of Allotment (Tentative)Jan 12, 2024Jan 29, 2024
Initiation of Refunds (Tentative)Jan 15, 2024Jan 30, 2024
Credit of Share (Tentative)Jan 15, 2024Jan 30, 2024
Listing date (Tentative)Jan 16, 2024Jan 31, 2024
Anchor Lockin End date 1Feb 11, 2024Feb 28, 2024
Anchor Lockin End date 2Apr 11, 2024Apr 28, 2024

Financials & KPIs

Jyoti CNC Automation IPO P/E ratio is 433.43, as compared to Nova AgriTech IPO P/E ratio of 13.05.

 Jyoti CNC Automation IPONova AgriTech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,706.071,515.381,286.241,388.19
Total Income510.53952.60750.06590.09
Profit After Tax3.3515.06-48.30-70.03
NET Worth205.6336.23-29.6818.67
Reserves and Surplus213.3349.1411.6783.11
Total Borrowing821.40834.97792.16725.12
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202322 Mar 202231 Mar 2021
Assets196.37180.78160.30147.44
Total Income103.24210.93185.61160.93
Profit After Tax10.3820.4913.696.30
NET Worth74.2363.8843.1929.43
Reserves and Surplus60.9750.5930.1016.41
Total Borrowing68.5070.9664.2751.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.6684.27
Promoter Shareholding (Post-Issue)62.659.39
P/E Ratio433.4313.05
Market Cap₹7527.47 Cr.₹379.33 Cr.
ROE18.35%38.27%
ROCE9.50%27.25%
Debt/Equity10.171.11
EPS₹0.76₹3.14
RoNW18.35%32.08%

Shares Offered

In the Jyoti CNC Automation IPO Retail Individual Investors (RII) are offered 30,06,042 shares while in Nova AgriTech IPO retail investors are offered 30,06,042 shares. Qualified Institutional Buyers (QIB) are offered 90,18,127 shares in Jyoti CNC Automation IPO and 70,15,626 shares in Nova AgriTech IPO.

 Jyoti CNC Automation IPONova AgriTech IPO
Anchor Investor Reservation1,35,27,190 shares1,05,22,220 shares
Market Maker Reservation
QIB90,18,127 shares70,15,626 shares
NII45,09,063 shares52,61,354 shares
RII30,06,042 shares1,22,76,493 shares
Employee1,58,227 shares
Others
Total3,02,18,649 shares3,50,75,693 shares

Bids Received (Subscription)

Jyoti CNC Automation IPO subscribed 40.49x in total, whereas Nova AgriTech IPO subscribed 113.21x.

 Jyoti CNC Automation IPONova AgriTech IPO
QIB (times)46.37x81.13x
NII (times)38.33x233.03x
Big NII (times)42.77x231.40x
Small NII (times)29.47x236.27x
RII (times)27.50x80.20x
Employee (times)13.14x
Other (times)
Total (times)40.49x113.21x

Compare with others

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Jyoti CNC Automation IPO Vs Nova AgriTech IPO