Comparison between Newjaisa Technologies IPO and Rajgor Castor Derivatives IPO.
Newjaisa Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajgor Castor Derivatives IPO is a SME Bookbuilding proposed to list at NSE SME.
| Newjaisa Technologies IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Newjaisa Technologies IPO is up to ₹37.93 Cr whereas the issue size of the Rajgor Castor Derivatives IPO is up to ₹45.30 Cr. The final issue price of Newjaisa Technologies IPO is ₹47.00 per share and of Rajgor Castor Derivatives IPO is ₹50.00 per share.
| Newjaisa Technologies IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹44.00 per share | ₹47.00 per share |
| Issue Price (Upper) | ₹47.00 per share | ₹50.00 per share |
| Issue Price (Final) | ₹47.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 80,70,000 shares | 83,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.93 Cr | up to ₹41.97 Cr |
| OFS Issue Size | 0 shares | 6,66,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.33 Cr |
| Issue Size Total | 80,70,000 shares | 90,60,000 shares |
| Issue Size Total (Amount) | up to ₹37.93 Cr | up to ₹45.30 Cr |
Newjaisa Technologies IPO opens on Sep 25, 2023, while Rajgor Castor Derivatives IPO opens on Oct 17, 2023. The closing date of Newjaisa Technologies IPO and Rajgor Castor Derivatives IPO is Sep 27, 2023, and Oct 20, 2023, respectively.
| Newjaisa Technologies IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | Oct 16, 2023 |
| Issue Open | Sep 25, 2023 | Oct 17, 2023 |
| Issue Close | Sep 27, 2023 | Oct 20, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 26, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 27, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 30, 2023 |
| Listing date (Tentative) | Oct 05, 2023 | Oct 31, 2023 |
| Anchor Lockin End date 1 | Nov 03, 2023 | Nov 25, 2023 |
| Anchor Lockin End date 2 | Jan 02, 2024 | Jan 24, 2024 |
Newjaisa Technologies IPO P/E ratio is 15.51, as compared to Rajgor Castor Derivatives IPO P/E ratio of 1.66.
| Newjaisa Technologies IPO | Rajgor Castor Derivatives IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs | Rajgor Castor Derivatives Limited Financial Information (Restated)Rajgor Castor Derivatives Limited's revenue increased by 948.26% and profit after tax (PAT) rose by 962.41% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.23 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.51 | 1.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹151.26 Cr. | ₹119.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 72.63% | 43.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.63% | 22.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.03 | ₹30.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.63% | 23.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Newjaisa Technologies IPO Retail Individual Investors (RII) are offered 28,26,000 shares while in Rajgor Castor Derivatives IPO retail investors are offered 28,26,000 shares. Qualified Institutional Buyers (QIB) are offered 16,14,000 shares in Newjaisa Technologies IPO and 18,12,000 shares in Rajgor Castor Derivatives IPO.
| Newjaisa Technologies IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Investor Reserveration | 24,18,000 shares | 27,12,000 shares |
| Market Maker Reserveration | 4,26,000 shares | 5,01,000 shares |
| QIB | 16,14,000 shares | 18,12,000 shares |
| NII | 12,12,000 shares | 13,62,000 shares |
| RII | 28,26,000 shares | 31,74,000 shares |
| Employee | ||
| Others | ||
| Total | 80,70,000 shares | 90,60,000 shares |
Newjaisa Technologies IPO subscribed 6.85x in total, whereas Rajgor Castor Derivatives IPO subscribed 107.43x.
| Newjaisa Technologies IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| QIB (times) | 1.02x | 35.52x |
| NII (times) | 15.34x | 260.01x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.54x | 80.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.85x | 107.43x |
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