Comparison between Blue Jet Healthcare IPO and Protean eGov Technologies IPO.
Blue Jet Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Protean eGov Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Blue Jet Healthcare IPO is up to ₹840.27 Cr whereas the issue size of the Protean eGov Technologies IPO is up to ₹489.95 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of Protean eGov Technologies IPO is ₹792.00 per share.
| Blue Jet Healthcare IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹329.00 per share | ₹752.00 per share |
| Issue Price (Upper) | ₹346.00 per share | ₹792.00 per share |
| Issue Price (Final) | ₹346.00 per share | ₹792.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 43 shares | 18 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,42,85,160 shares | 61,91,000 shares |
| OFS Issue Size (Amount) | up to ₹840.27 Cr | up to ₹489.95 Cr |
| Issue Size Total | 2,42,85,160 shares | 61,91,000 shares |
| Issue Size Total (Amount) | up to ₹840.27 Cr | up to ₹489.95 Cr |
Blue Jet Healthcare IPO opens on Oct 25, 2023, while Protean eGov Technologies IPO opens on Nov 06, 2023. The closing date of Blue Jet Healthcare IPO and Protean eGov Technologies IPO is Oct 27, 2023, and Nov 08, 2023, respectively.
| Blue Jet Healthcare IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Oct 23, 2023 | Nov 03, 2023 |
| Issue Open | Oct 25, 2023 | Nov 06, 2023 |
| Issue Close | Oct 27, 2023 | Nov 08, 2023 |
| Basis Of Allotment (Tentative) | Oct 30, 2023 | Nov 13, 2023 |
| Initiation of Refunds (Tentative) | Oct 31, 2023 | Nov 15, 2023 |
| Credit of Share (Tentative) | Oct 31, 2023 | Nov 16, 2023 |
| Listing date (Tentative) | Nov 01, 2023 | Nov 13, 2023 |
| Anchor Lockin End date 1 | Nov 29, 2023 | Dec 13, 2023 |
| Anchor Lockin End date 2 | Jan 28, 2024 | Feb 11, 2024 |
Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to Protean eGov Technologies IPO P/E ratio of 29.91.
| Blue Jet Healthcare IPO | Protean eGov Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.49 | 29.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6001.90 Cr. | ₹3203.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.60% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.91% | 16.13% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.23 | ₹26.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.48% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Blue Jet Healthcare IPO Retail Individual Investors (RII) are offered 84,99,806 shares while in Protean eGov Technologies IPO retail investors are offered 84,99,806 shares. Qualified Institutional Buyers (QIB) are offered 48,57,032 shares in Blue Jet Healthcare IPO and 12,08,200 shares in Protean eGov Technologies IPO.
| Blue Jet Healthcare IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 72,85,548 shares | 18,12,300 shares |
| Market Maker Reservation | ||
| QIB | 48,57,032 shares | 12,08,200 shares |
| NII | 36,42,774 shares | 9,06,150 shares |
| RII | 84,99,806 shares | 21,14,350 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 2,42,85,160 shares | 61,91,000 shares |
Blue Jet Healthcare IPO subscribed 7.95x in total, whereas Protean eGov Technologies IPO subscribed 23.86x.
| Blue Jet Healthcare IPO | Protean eGov Technologies IPO | |
|---|---|---|
| QIB (times) | 13.72x | 46.94x |
| NII (times) | 13.59x | 31.62x |
| Big NII (times) | 15.65x | 33.14x |
| Small NII (times) | 9.48x | 28.58x |
| RII (times) | 2.24x | 8.93x |
| Employee (times) | 1.49x | |
| Other (times) | ||
| Total (times) | 7.95x | 23.86x |
