Marinetrans IPO vs S J Logistics IPO

Comparison between Marinetrans IPO and S J Logistics IPO.

IPO Details

Marinetrans 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 Marinetrans IPO is up to ₹10.36 Cr whereas the issue size of the S J Logistics IPO is up to ₹45.59 Cr. The final issue price of Marinetrans IPO is ₹26.00 per share and of S J Logistics IPO is ₹125.00 per share.

 Marinetrans IPOS 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)₹26.00 per share₹125.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1000 shares
Fresh Issue Size39,84,000 shares36,47,000 shares
Fresh Issue Size (Amount)up to ₹10.36 Crup to ₹45.59 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,84,000 shares36,47,000 shares
Issue Size Total (Amount)up to ₹10.36 Crup to ₹45.59 Cr

IPO Timetable

Marinetrans IPO opens on Nov 30, 2023, while S J Logistics IPO opens on Dec 12, 2023. The closing date of Marinetrans IPO and S J Logistics IPO is Dec 05, 2023, and Dec 14, 2023, respectively.

 Marinetrans IPOS J Logistics IPO
Anchor Bid DateDec 11, 2023
Issue OpenNov 30, 2023Dec 12, 2023
Issue CloseDec 05, 2023Dec 14, 2023
Basis Of Allotment (Tentative)Dec 06, 2023Dec 15, 2023
Initiation of Refunds (Tentative)Dec 07, 2023Dec 18, 2023
Credit of Share (Tentative)Dec 07, 2023Dec 18, 2023
Listing date (Tentative)Dec 08, 2023Dec 19, 2023
Anchor Lockin End date 1Jan 14, 2024
Anchor Lockin End date 2Mar 14, 2024

Financials & KPIs

Marinetrans IPO P/E ratio is 14.53, as compared to S J Logistics IPO P/E ratio of 14.14.

 Marinetrans IPOS J Logistics IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 May 202331 Mar 202331 Mar 202231 Mar 2021
Assets26.1526.1923.0622.04
Total Income13.84150.37203.2796.13
Profit After Tax0.141.531.860.80
NET Worth16.1816.0414.5112.56
Total Borrowing6.045.582.532.12
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets105.4181.0450.6350.14
Total Income103.39135.01103.95124.03
Profit After Tax9.317.621.730.83
NET Worth56.4131.20
Reserves and Surplus45.7728.2513.4211.69
Total Borrowing29.5233.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0067.55
Promoter Shareholding (Post-Issue)49.64
P/E Ratio14.5314.14
Market Cap₹33.09 Cr.₹181.04 Cr.
ROE10.00%24.41%
ROCE11.29%18.58%
Debt/Equity0.351.08
EPS₹1.79₹8.84
RoNW9.53%24.41%

Shares Offered

In the Marinetrans IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in S J Logistics IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Marinetrans IPO and 7,30,000 shares in S J Logistics IPO.

 Marinetrans IPOS J Logistics IPO
Anchor Investor Reservation10,92,000 shares
Market Maker Reservation2,16,000 shares1,93,000 shares
QIB7,30,000 shares
NII19,92,000 shares5,48,000 shares
RII19,92,000 shares12,77,000 shares
Employee
Others
Total39,84,000 shares36,47,000 shares

Bids Received (Subscription)

Marinetrans IPO subscribed 33.00x in total, whereas S J Logistics IPO subscribed 316.26x.

Compare with others

Compare:

Marinetrans IPO Vs S J Logistics IPO