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Jash Engineering IPO vs RKEC Projects IPO

Comparison between Jash Engineering IPO and RKEC Projects IPO.

IPO Details

Jash Engineering IPO is a SME Fixed Price IPO proposed to list at NSE SME while RKEC Projects IPO is a SME Fixed Price proposed to list at NSE SME.

 Jash Engineering IPORKEC Projects IPO
LogoJash Engineering IPO LogoRKEC Projects IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSystematix Corporate Services Ltd.Hem Securities Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSystematix Shares & Stocks (India) Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Jash Engineering IPO is up to ₹45.60 Cr whereas the issue size of the RKEC Projects IPO is up to ₹27.24 Cr. The final issue price of Jash Engineering IPO is ₹120.00 per share and of RKEC Projects IPO is ₹45.00 per share.

 Jash Engineering IPORKEC Projects IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹120.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares3000 shares
Fresh Issue Size20,60,798 shares43,54,000 shares
Fresh Issue Size (Amount)up to ₹24.73 Crup to ₹19.59 Cr
OFS Issue Size17,39,602 shares17,00,000 shares
OFS Issue Size (Amount)up to ₹20.88 Crup to ₹7.65 Cr
Issue Size Total38,00,400 shares60,54,000 shares
Issue Size Total (Amount)up to ₹45.60 Crup to ₹27.24 Cr

IPO Timetable

Jash Engineering IPO opens on Sep 28, 2017, while RKEC Projects IPO opens on Sep 25, 2017. The closing date of Jash Engineering IPO and RKEC Projects IPO is Oct 03, 2017, and Sep 28, 2017, respectively.

 Jash Engineering IPORKEC Projects IPO
Issue OpenSep 28, 2017Sep 25, 2017
Issue CloseOct 03, 2017Sep 28, 2017
Basis Of Allotment (Tentative)Oct 06, 2017Oct 04, 2017
Listing date (Tentative)Oct 11, 2017Oct 09, 2017

Financials & KPIs

Jash Engineering IPO P/E ratio is , as compared to RKEC Projects IPO P/E ratio of .

 Jash Engineering IPORKEC Projects IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets182.49161.35157.44
Total Income147.83113.05112.01
Profit After Tax10.518.757.83
NET Worth89.3481.0274.06
Reserves and Surplus79.7671.4564.49
Total Borrowing39.9041.0833.52
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets112.53112.4956.40
Total Income200.12113.5171.75
Profit After Tax13.133.191.96
NET Worth39.0825.6322.43
Reserves and Surplus19.7715.9712.78
Total Borrowing0.4214.989.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)30.09%99.99%
Promoter Shareholding (Post-Issue)23.34%73.41%
Market Cap₹142.04 Cr.₹107.96 Cr.

Shares Offered

In the Jash Engineering IPO Retail Individual Investors (RII) are offered 13,30,800 shares while in RKEC Projects IPO retail investors are offered 13,30,800 shares. Qualified Institutional Buyers (QIB) are offered 18,99,600 shares in Jash Engineering IPO and 0 shares in RKEC Projects IPO.

 Jash Engineering IPORKEC Projects IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,00,400 shares3,24,000 shares
QIB18,99,600 shares0 shares
NII5,70,000 shares30,27,000 shares
RII13,30,800 shares30,27,000 shares
Employee0 shares0 shares
Total38,00,400 shares60,54,000 shares

Bids Received (Subscription)

Jash Engineering IPO subscribed 4.92x in total, whereas RKEC Projects IPO subscribed 19.15x.

 Jash Engineering IPORKEC Projects IPO
QIB (times)2.70x
NII (times)18.83x30.37x
RII (times)2.12x7.92x
Total (times)4.92x19.15x

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Compare:

Jash Engineering IPO Vs RKEC Projects IPO