JSW Infrastructure IPO vs Saraswati Saree Depot IPO

Comparison between JSW Infrastructure IPO and Saraswati Saree Depot IPO.

IPO Details

JSW Infrastructure 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 JSW Infrastructure IPO is up to ₹2,800.00 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of JSW Infrastructure IPO is ₹119.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.

 JSW Infrastructure IPOSaraswati Saree Depot IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹113.00 per share₹152.00 per share
Issue Price (Upper)₹119.00 per share₹160.00 per share
Issue Price (Final)₹119.00 per share₹160.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size126 shares90 shares
Fresh Issue Size23,52,94,117 shares64,99,800 shares
Fresh Issue Size (Amount)up to ₹2,800.00 Crup to ₹104.00 Cr
OFS Issue Size0 shares35,01,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹56.02 Cr
Issue Size Total23,52,94,117 shares1,00,00,800 shares
Issue Size Total (Amount)up to ₹2,800.00 Crup to ₹160.01 Cr

IPO Timetable

JSW Infrastructure IPO opens on Sep 25, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of JSW Infrastructure IPO and Saraswati Saree Depot IPO is Sep 27, 2023, and Aug 14, 2024, respectively.

 JSW Infrastructure IPOSaraswati Saree Depot IPO
Anchor Bid DateSep 22, 2023
Issue OpenSep 25, 2023Aug 12, 2024
Issue CloseSep 27, 2023Aug 14, 2024
Basis Of Allotment (Tentative)Sep 28, 2023Aug 16, 2024
Initiation of Refunds (Tentative)Sep 28, 2023Aug 19, 2024
Credit of Share (Tentative)Sep 29, 2023Aug 19, 2024
Listing date (Tentative)Oct 03, 2023Aug 20, 2024
Anchor Lockin End date 1Oct 28, 2023
Anchor Lockin End date 2Dec 27, 2023

Financials & KPIs

JSW Infrastructure IPO P/E ratio is 29.67, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.

 JSW Infrastructure IPOSaraswati Saree Depot IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets9,450.669,429.468,254.557,191.85
Total Income3,372.852,378.741,678.261,237.37
Profit After Tax749.51330.44284.62196.53
NET Worth3,934.643,212.132,831.182,488.23
Reserves and Surplus3,645.753,208.982,829.842,486.53
Total Borrowing4,243.704,408.693,945.823,102.57
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)96.42100
Promoter Shareholding (Post-Issue)85.6174.75
P/E Ratio29.6717.94
Market Cap₹24990.00 Cr.₹633.60 Cr.
ROE18.33%58.88
ROCE19.49%64.46
Debt/Equity0.67
EPS₹4.12₹8.92
RoNW18.80%45.49

Shares Offered

In the JSW Infrastructure IPO Retail Individual Investors (RII) are offered 2,35,29,411 shares while in Saraswati Saree Depot IPO retail investors are offered 2,35,29,411 shares. Qualified Institutional Buyers (QIB) are offered 7,05,88,237 shares in JSW Infrastructure IPO and 50,00,400 shares in Saraswati Saree Depot IPO.

 JSW Infrastructure IPOSaraswati Saree Depot IPO
Anchor Investor Reservation10,58,82,352 shares
Market Maker Reservation
QIB7,05,88,237 shares50,00,400 shares
NII3,52,94,117 shares15,00,120 shares
RII2,35,29,411 shares35,00,280 shares
Employee
Others
Total23,52,94,117 shares1,00,00,800 shares

Bids Received (Subscription)

JSW Infrastructure IPO subscribed 39.36x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.

 JSW Infrastructure IPOSaraswati Saree Depot IPO
QIB (times)60.12x64.12x
NII (times)16.83x358.47x
Big NII (times)17.94x389.28x
Small NII (times)14.62x296.85x
RII (times)10.87x61.59x
Employee (times)
Other (times)
Total (times)39.36x107.39x

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JSW Infrastructure IPO Vs Saraswati Saree Depot IPO