JSW Infrastructure IPO vs Plaza Wires IPO

Comparison between JSW Infrastructure IPO and Plaza Wires IPO.

IPO Details

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.

Issue Size and Price

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 IPOPlaza 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 Size126 shares277 shares
Fresh Issue Size23,52,94,117 shares1,32,00,158 shares
Fresh Issue Size (Amount)up to ₹2,800.00 Crup to ₹71.28 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,52,94,117 shares1,32,00,158 shares
Issue Size Total (Amount)up to ₹2,800.00 Crup to ₹71.28 Cr

IPO Timetable

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 IPOPlaza Wires IPO
Anchor Bid DateSep 22, 2023Sep 27, 2023
Issue OpenSep 25, 2023Sep 29, 2023
Issue CloseSep 27, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Sep 28, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Sep 28, 2023Oct 11, 2023
Credit of Share (Tentative)Sep 29, 2023Oct 12, 2023
Listing date (Tentative)Oct 03, 2023Oct 12, 2023
Anchor Lockin End date 1Oct 28, 2023Nov 08, 2023
Anchor Lockin End date 2Dec 27, 2023Jan 07, 2024

Financials & KPIs

JSW Infrastructure IPO P/E ratio is 29.67, as compared to Plaza Wires IPO P/E ratio of 21.95.

 JSW Infrastructure IPOPlaza Wires IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets9,450.669,429.468,254.557,191.85
Total Income3,372.852,378.741,678.261,237.37
Profit After Tax749.51330.44284.62196.53
NET Worth3,934.643,212.132,831.182,488.23
Reserves and Surplus3,645.753,208.982,829.842,486.53
Total Borrowing4,243.704,408.693,945.823,102.57
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets112.10104.1799.28
Total Income182.60176.94145.60
Profit After Tax7.515.954.24
NET Worth53.0845.5239.48
Reserves and Surplus22.5314.9635.66
Total Borrowing39.6840.0943.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.42100
Promoter Shareholding (Post-Issue)85.6169.83
P/E Ratio29.6721.95
Market Cap₹24990.00 Cr.₹236.26 Cr.
ROE18.33%14.15%
ROCE19.49%15.57%
Debt/Equity0.75
EPS₹4.12₹2.46
RoNW18.80%14.16%

Shares Offered

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 IPOPlaza Wires IPO
Anchor Investor Reservation10,58,82,352 shares37,04,044 shares
Market Maker Reservation
QIB7,05,88,237 shares61,96,213 shares
NII3,52,94,117 shares19,79,996 shares
RII2,35,29,411 shares13,19,905 shares
Employee
Others
Total23,52,94,117 shares1,32,00,158 shares

Bids Received (Subscription)

JSW Infrastructure IPO subscribed 39.36x in total, whereas Plaza Wires IPO subscribed 160.97x.

 JSW Infrastructure IPOPlaza Wires IPO
QIB (times)60.12x42.84x
NII (times)16.83x388.09x
Big NII (times)17.94x360.92x
Small NII (times)14.62x442.42x
RII (times)10.87x374.81x
Employee (times)
Other (times)
Total (times)39.36x160.97x

Compare with others

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JSW Infrastructure IPO Vs Plaza Wires IPO