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Jainam Ferro Alloys IPO vs Prevest Denpro IPO

Comparison between Jainam Ferro Alloys IPO and Prevest Denpro IPO.

IPO Details

Jainam Ferro Alloys IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Prevest Denpro IPO is a SME Bookbuilding proposed to list at BSE SME.

 Jainam Ferro Alloys IPOPrevest Denpro IPO
LogoJainam Ferro Alloys IPO LogoPrevest Denpro IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Jainam Ferro Alloys IPO is up to ₹18.56 Cr whereas the issue size of the Prevest Denpro IPO is up to ₹25.27 Cr. The final issue price of Jainam Ferro Alloys IPO is ₹70.00 per share and of Prevest Denpro IPO is ₹84.00 per share.

 Jainam Ferro Alloys IPOPrevest Denpro IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share
Issue Price (Upper)₹84.00 per share
Issue Price (Final)₹70.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size11,52,000 shares30,08,000 shares
Fresh Issue Size (Amount)up to ₹8.06 Crup to ₹25.27 Cr
OFS Issue Size15,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹10.50 Crup to ₹0.00 Cr
Issue Size Total26,52,000 shares30,08,000 shares
Issue Size Total (Amount)up to ₹18.56 Crup to ₹25.27 Cr

IPO Timetable

Jainam Ferro Alloys IPO opens on Sep 28, 2021, while Prevest Denpro IPO opens on Sep 15, 2021. The closing date of Jainam Ferro Alloys IPO and Prevest Denpro IPO is Sep 30, 2021, and Sep 17, 2021, respectively.

 Jainam Ferro Alloys IPOPrevest Denpro IPO
Anchor Bid DateSep 14, 2021
Issue OpenSep 28, 2021Sep 15, 2021
Issue CloseSep 30, 2021Sep 17, 2021
Basis Of Allotment (Tentative)Oct 05, 2021Sep 22, 2021
Initiation of Refunds (Tentative)Oct 06, 2021Sep 23, 2021
Credit of Share (Tentative)Oct 07, 2021Sep 24, 2021
Listing date (Tentative)Oct 08, 2021Sep 27, 2021
Anchor Lockin End date 1Oct 22, 2021
Anchor Lockin End date 2Dec 21, 2021

Financials & KPIs

Jainam Ferro Alloys IPO P/E ratio is , as compared to Prevest Denpro IPO P/E ratio of 9.98.

 Jainam Ferro Alloys IPOPrevest Denpro IPO
Financials
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 524.18 391.94 402.28
Total Revenue 1025.17 1223.36 1323.97
Profit After Tax 31.17 8.64 28.85
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,069.97 2,107.86 1,534.48
Total Revenue 2,951.35 2,455.97 1,977.08
Profit After Tax 743.96 500.87 299.38
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.4773.61
P/E Ratio9.98
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Jainam Ferro Alloys IPO Retail Individual Investors (RII) are offered 13,26,000 shares while in Prevest Denpro IPO retail investors are offered 13,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Jainam Ferro Alloys IPO and 6,01,600 shares in Prevest Denpro IPO.

 Jainam Ferro Alloys IPOPrevest Denpro IPO
Anchor Investor Reserveration9,02,400 shares
Market Maker Reserveration1,50,000 shares1,60,000 shares
QIB6,01,600 shares
NII13,26,000 shares4,51,200 shares
RII13,26,000 shares10,52,800 shares
Employee
Others
Total26,52,000 shares30,08,000 shares

Bids Received (Subscription)

Jainam Ferro Alloys IPO subscribed 6.65x in total, whereas Prevest Denpro IPO subscribed 38.12x.

 Jainam Ferro Alloys IPOPrevest Denpro IPO
QIB (times)5.78x
NII (times)6.23x78.98x
Big NII (times)
Small NII (times)
RII (times)7.07x32.87x
Employee (times)
Other (times)
Total (times)6.65x38.12x