Comparison between Electro Force IPO and S J Logistics IPO.
IPO Details
Electro Force IPO is a SME Bookbuilding IPO proposed to list at NSE SME while S J Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Electro Force IPO is up to ₹76.62 Cr whereas the issue size of the S J Logistics IPO is up to ₹45.59 Cr. The final issue price of Electro Force IPO is ₹93.00 per share and of S J Logistics IPO is ₹125.00 per share.
| | Electro Force IPO | S J Logistics IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹121.00 per share |
| Issue Price (Upper) | | ₹125.00 per share |
| Issue Price (Final) | ₹93.00 per share | ₹125.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 55,64,400 shares | 36,47,000 shares |
| Fresh Issue Size (Amount) | up to ₹51.75 Cr | up to ₹45.59 Cr |
| OFS Issue Size | 26,74,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹24.88 Cr | up to ₹0.00 Cr |
| Issue Size Total | 82,39,200 shares | 36,47,000 shares |
| Issue Size Total (Amount) | up to ₹76.62 Cr | up to ₹45.59 Cr |
IPO Timetable
Electro Force IPO opens on Dec 19, 2023, while S J Logistics IPO opens on Dec 12, 2023. The closing date of Electro Force IPO and S J Logistics IPO is Dec 21, 2023, and Dec 14, 2023, respectively.
| | Electro Force IPO | S J Logistics IPO |
|---|
| Anchor Bid Date | | Dec 11, 2023 |
| Issue Open | Dec 19, 2023 | Dec 12, 2023 |
| Issue Close | Dec 21, 2023 | Dec 14, 2023 |
| Basis Of Allotment (Tentative) | Dec 22, 2023 | Dec 15, 2023 |
| Initiation of Refunds (Tentative) | Dec 26, 2023 | Dec 18, 2023 |
| Credit of Share (Tentative) | Dec 26, 2023 | Dec 18, 2023 |
| Listing date (Tentative) | Dec 27, 2023 | Dec 19, 2023 |
| Anchor Lockin End date 1 | | Jan 14, 2024 |
| Anchor Lockin End date 2 | | Mar 14, 2024 |
Financials & KPIs
Electro Force IPO P/E ratio is 20.22, as compared to S J Logistics IPO P/E ratio of 14.14.
Shares Offered
In the Electro Force IPO Retail Individual Investors (RII) are offered 41,19,600 shares while in S J Logistics IPO retail investors are offered 41,19,600 shares. Qualified Institutional Buyers (QIB) are offered in Electro Force IPO and 7,30,000 shares in S J Logistics IPO.
| | Electro Force IPO | S J Logistics IPO |
|---|
| Anchor Investor Reservation | | 10,92,000 shares |
| Market Maker Reservation | 4,35,600 shares | 1,93,000 shares |
| QIB | | 7,30,000 shares |
| NII | 41,19,600 shares | 5,48,000 shares |
| RII | 41,19,600 shares | 12,77,000 shares |
| Employee | | |
| Others | | |
| Total | 82,39,200 shares | 36,47,000 shares |
Bids Received (Subscription)
Electro Force IPO subscribed 4.28x in total, whereas S J Logistics IPO subscribed 316.26x.
