Comparison between Jay Jalaram Technologies IPO and Rhetan TMT IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Jay Jalaram Technologies IPO P/E ratio is 46, as compared to Rhetan TMT IPO P/E ratio of 63.64.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,50,000 shares | 4,16,000 shares |
| NII | 14,25,000 shares | 37,92,000 shares |
| RII | 14,25,000 shares | 37,92,000 shares |
| Total | 28,50,000 shares | 75,84,000 shares |
Bids Received (Subscription)
Jay Jalaram Technologies IPO subscribed 14.97x in total, whereas Rhetan TMT IPO subscribed 1.47x.
