Comparison between JSW Infrastructure IPO and Plaza Wires IPO.
JSW Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Plaza Wires IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of JSW Infrastructure IPO is up to ₹2,800.00 Cr whereas the issue size of the Plaza Wires IPO is up to ₹71.28 Cr. The final issue price of JSW Infrastructure IPO is ₹119.00 per share and of Plaza Wires IPO is ₹54.00 per share.
| JSW Infrastructure IPO | Plaza Wires IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹113.00 per share | ₹51.00 per share |
| Issue Price (Upper) | ₹119.00 per share | ₹54.00 per share |
| Issue Price (Final) | ₹119.00 per share | ₹54.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 126 shares | 277 shares |
| Fresh Issue Size | 23,52,94,117 shares | 1,32,00,158 shares |
| Fresh Issue Size (Amount) | up to ₹2,800.00 Cr | up to ₹71.28 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 | 23,52,94,117 shares | 1,32,00,158 shares |
| Issue Size Total (Amount) | up to ₹2,800.00 Cr | up to ₹71.28 Cr |
JSW Infrastructure IPO opens on Sep 25, 2023, while Plaza Wires IPO opens on Sep 29, 2023. The closing date of JSW Infrastructure IPO and Plaza Wires IPO is Sep 27, 2023, and Oct 05, 2023, respectively.
| JSW Infrastructure IPO | Plaza Wires IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | Sep 27, 2023 |
| Issue Open | Sep 25, 2023 | Sep 29, 2023 |
| Issue Close | Sep 27, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Sep 28, 2023 | Oct 11, 2023 |
| Credit of Share (Tentative) | Sep 29, 2023 | Oct 12, 2023 |
| Listing date (Tentative) | Oct 03, 2023 | Oct 12, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | Nov 08, 2023 |
| Anchor Lockin End date 2 | Dec 27, 2023 | Jan 07, 2024 |
JSW Infrastructure IPO P/E ratio is 29.67, as compared to Plaza Wires IPO P/E ratio of 21.95.
| JSW Infrastructure IPO | Plaza Wires IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.42 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 85.61 | 69.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.67 | 21.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24990.00 Cr. | ₹236.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.33% | 14.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.49% | 15.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.12 | ₹2.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.80% | 14.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the JSW Infrastructure IPO Retail Individual Investors (RII) are offered 2,35,29,411 shares while in Plaza Wires IPO retail investors are offered 2,35,29,411 shares. Qualified Institutional Buyers (QIB) are offered 7,05,88,237 shares in JSW Infrastructure IPO and 61,96,213 shares in Plaza Wires IPO.
| JSW Infrastructure IPO | Plaza Wires IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,58,82,352 shares | 37,04,044 shares |
| Market Maker Reservation | ||
| QIB | 7,05,88,237 shares | 61,96,213 shares |
| NII | 3,52,94,117 shares | 19,79,996 shares |
| RII | 2,35,29,411 shares | 13,19,905 shares |
| Employee | ||
| Others | ||
| Total | 23,52,94,117 shares | 1,32,00,158 shares |
JSW Infrastructure IPO subscribed 39.36x in total, whereas Plaza Wires IPO subscribed 160.97x.
| JSW Infrastructure IPO | Plaza Wires IPO | |
|---|---|---|
| QIB (times) | 60.12x | 42.84x |
| NII (times) | 16.83x | 388.09x |
| Big NII (times) | 17.94x | 360.92x |
| Small NII (times) | 14.62x | 442.42x |
| RII (times) | 10.87x | 374.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 39.36x | 160.97x |