Blue Jet Healthcare IPO vs Saraswati Saree Depot IPO

Comparison between Blue Jet Healthcare IPO and Saraswati Saree Depot IPO.

IPO Details

Blue Jet Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Blue Jet Healthcare IPO is up to ₹840.27 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.

 Blue Jet Healthcare IPOSaraswati Saree Depot IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹329.00 per share₹152.00 per share
Issue Price (Upper)₹346.00 per share₹160.00 per share
Issue Price (Final)₹346.00 per share₹160.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size43 shares90 shares
Fresh Issue Size0 shares64,99,800 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹104.00 Cr
OFS Issue Size2,42,85,160 shares35,01,000 shares
OFS Issue Size (Amount)up to ₹840.27 Crup to ₹56.02 Cr
Issue Size Total2,42,85,160 shares1,00,00,800 shares
Issue Size Total (Amount)up to ₹840.27 Crup to ₹160.01 Cr

IPO Timetable

Blue Jet Healthcare IPO opens on Oct 25, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of Blue Jet Healthcare IPO and Saraswati Saree Depot IPO is Oct 27, 2023, and Aug 14, 2024, respectively.

 Blue Jet Healthcare IPOSaraswati Saree Depot IPO
Anchor Bid DateOct 23, 2023
Issue OpenOct 25, 2023Aug 12, 2024
Issue CloseOct 27, 2023Aug 14, 2024
Basis Of Allotment (Tentative)Oct 30, 2023Aug 16, 2024
Initiation of Refunds (Tentative)Oct 31, 2023Aug 19, 2024
Credit of Share (Tentative)Oct 31, 2023Aug 19, 2024
Listing date (Tentative)Nov 01, 2023Aug 20, 2024
Anchor Lockin End date 1Nov 29, 2023
Anchor Lockin End date 2Jan 28, 2024

Financials & KPIs

Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.

 Blue Jet Healthcare IPOSaraswati Saree Depot IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Jun 202331 Mar 202331 Mar 2022
Assets903.80862.07713.38
Total Income184.60744.94702.88
Profit After Tax44.12160.03181.59
NET Worth725.68681.49521.54
Reserves and Surplus690.99646.79486.85
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets205.94188.85169.93
Total Income612.58603.52550.31
Profit After Tax29.5322.9712.31
NET Worth64.9135.3812.41
Total Borrowing43.4941.4366.62
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)8674.75
P/E Ratio37.4917.94
Market Cap₹6001.90 Cr.₹633.60 Cr.
ROE26.60%58.88
ROCE31.91%64.46
Debt/Equity0.67
EPS₹9.23₹8.92
RoNW23.48%45.49

Shares Offered

In the Blue Jet Healthcare IPO Retail Individual Investors (RII) are offered 84,99,806 shares while in Saraswati Saree Depot IPO retail investors are offered 84,99,806 shares. Qualified Institutional Buyers (QIB) are offered 48,57,032 shares in Blue Jet Healthcare IPO and 50,00,400 shares in Saraswati Saree Depot IPO.

 Blue Jet Healthcare IPOSaraswati Saree Depot IPO
Anchor Investor Reservation72,85,548 shares
Market Maker Reservation
QIB48,57,032 shares50,00,400 shares
NII36,42,774 shares15,00,120 shares
RII84,99,806 shares35,00,280 shares
Employee
Others
Total2,42,85,160 shares1,00,00,800 shares

Bids Received (Subscription)

Blue Jet Healthcare IPO subscribed 7.95x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.

 Blue Jet Healthcare IPOSaraswati Saree Depot IPO
QIB (times)13.72x64.12x
NII (times)13.59x358.47x
Big NII (times)15.65x389.28x
Small NII (times)9.48x296.85x
RII (times)2.24x61.59x
Employee (times)
Other (times)
Total (times)7.95x107.39x

Compare with others

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Blue Jet Healthcare IPO Vs Saraswati Saree Depot IPO