Comparison between Jyoti CNC Automation IPO and Nova AgriTech IPO.
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.
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 IPO | Nova 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 Size | 45 shares | 365 shares |
| Fresh Issue Size | 3,02,18,649 shares | 2,73,17,073 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.00 Cr | up to ₹112.00 Cr |
| OFS Issue Size | 0 shares | 77,58,620 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹31.81 Cr |
| Issue Size Total | 3,02,18,649 shares | 3,50,75,693 shares |
| Issue Size Total (Amount) | up to ₹1,000.00 Cr | up to ₹143.81 Cr |
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 IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Bid Date | Jan 08, 2024 | Jan 19, 2024 |
| Issue Open | Jan 09, 2024 | Jan 23, 2024 |
| Issue Close | Jan 11, 2024 | Jan 25, 2024 |
| Basis Of Allotment (Tentative) | Jan 12, 2024 | Jan 29, 2024 |
| Initiation of Refunds (Tentative) | Jan 15, 2024 | Jan 30, 2024 |
| Credit of Share (Tentative) | Jan 15, 2024 | Jan 30, 2024 |
| Listing date (Tentative) | Jan 16, 2024 | Jan 31, 2024 |
| Anchor Lockin End date 1 | Feb 11, 2024 | Feb 28, 2024 |
| Anchor Lockin End date 2 | Apr 11, 2024 | Apr 28, 2024 |
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 IPO | Nova AgriTech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 72.66 | 84.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.6 | 59.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 433.43 | 13.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7527.47 Cr. | ₹379.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.35% | 38.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9.50% | 27.25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 10.17 | 1.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.76 | ₹3.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.35% | 32.08% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,35,27,190 shares | 1,05,22,220 shares |
| Market Maker Reservation | ||
| QIB | 90,18,127 shares | 70,15,626 shares |
| NII | 45,09,063 shares | 52,61,354 shares |
| RII | 30,06,042 shares | 1,22,76,493 shares |
| Employee | 1,58,227 shares | |
| Others | ||
| Total | 3,02,18,649 shares | 3,50,75,693 shares |
Jyoti CNC Automation IPO subscribed 40.49x in total, whereas Nova AgriTech IPO subscribed 113.21x.
| Jyoti CNC Automation IPO | Nova AgriTech IPO | |
|---|---|---|
| QIB (times) | 46.37x | 81.13x |
| NII (times) | 38.33x | 233.03x |
| Big NII (times) | 42.77x | 231.40x |
| Small NII (times) | 29.47x | 236.27x |
| RII (times) | 27.50x | 80.20x |
| Employee (times) | 13.14x | |
| Other (times) | ||
| Total (times) | 40.49x | 113.21x |