Comparison between Jay Jalaram Technologies IPO and Rhetan TMT IPO.
Jay Jalaram Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rhetan TMT IPO is a SME Fixed Price proposed to list at BSE SME.
| Jay Jalaram Technologies IPO | Rhetan TMT IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Jay Jalaram Technologies IPO is up to ₹10.26 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Jay Jalaram Technologies IPO is ₹36.00 per share and of Rhetan TMT IPO is ₹70.00 per share.
| Jay Jalaram Technologies IPO | Rhetan TMT IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 28,50,000 shares | 75,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.26 Cr | up to ₹53.09 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 | 28,50,000 shares | 75,84,000 shares |
| Issue Size Total (Amount) | up to ₹10.26 Cr | up to ₹53.09 Cr |
Jay Jalaram Technologies IPO opens on Aug 26, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Jay Jalaram Technologies IPO and Rhetan TMT IPO is Aug 30, 2022, and Aug 25, 2022, respectively.
| Jay Jalaram Technologies IPO | Rhetan TMT IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 26, 2022 | Aug 22, 2022 |
| Issue Close | Aug 30, 2022 | Aug 25, 2022 |
| Basis Of Allotment (Tentative) | Sep 05, 2022 | Aug 30, 2022 |
| Initiation of Refunds (Tentative) | Sep 06, 2022 | Sep 01, 2022 |
| Credit of Share (Tentative) | Sep 07, 2022 | Sep 02, 2022 |
| Listing date (Tentative) | Sep 08, 2022 | Sep 05, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jay Jalaram Technologies IPO P/E ratio is 46, as compared to Rhetan TMT IPO P/E ratio of 63.64.
| Jay Jalaram Technologies IPO | Rhetan TMT IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.04 | 62.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 46 | 63.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.07 Cr. | ₹148.75 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15.72 | 15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.84 | 8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.97 | 1.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.36 | ₹2.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 8.16 | 10.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Jay Jalaram Technologies IPO Retail Individual Investors (RII) are offered 14,25,000 shares while in Rhetan TMT IPO retail investors are offered 14,25,000 shares. Qualified Institutional Buyers (QIB) are offered in Jay Jalaram Technologies IPO and in Rhetan TMT IPO.
| Jay Jalaram Technologies IPO | Rhetan TMT IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,50,000 shares | 4,16,000 shares |
| QIB | ||
| NII | 14,25,000 shares | 37,92,000 shares |
| RII | 14,25,000 shares | 37,92,000 shares |
| Employee | ||
| Others | ||
| Total | 28,50,000 shares | 75,84,000 shares |
Jay Jalaram Technologies IPO subscribed 14.97x in total, whereas Rhetan TMT IPO subscribed 1.47x.
| Jay Jalaram Technologies IPO | Rhetan TMT IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 18.56x | 2.18x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.38x | 0.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.97x | 1.47x |
