S J Logistics IPO vs Shanti Spintex IPO

Comparison between S J Logistics IPO and Shanti Spintex IPO.

IPO Details

S J Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shanti Spintex IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of S J Logistics IPO is up to ₹45.59 Cr whereas the issue size of the Shanti Spintex IPO is up to ₹29.68 Cr. The final issue price of S J Logistics IPO is ₹125.00 per share and of Shanti Spintex IPO is ₹70.00 per share.

 S J Logistics IPOShanti Spintex IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share₹66.00 per share
Issue Price (Upper)₹125.00 per share₹70.00 per share
Issue Price (Final)₹125.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares2000 shares
Fresh Issue Size36,47,000 shares24,64,000 shares
Fresh Issue Size (Amount)up to ₹45.59 Crup to ₹17.25 Cr
OFS Issue Size0 shares17,76,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹12.43 Cr
Issue Size Total36,47,000 shares42,40,000 shares
Issue Size Total (Amount)up to ₹45.59 Crup to ₹29.68 Cr

IPO Timetable

S J Logistics IPO opens on Dec 12, 2023, while Shanti Spintex IPO opens on Dec 19, 2023. The closing date of S J Logistics IPO and Shanti Spintex IPO is Dec 14, 2023, and Dec 21, 2023, respectively.

 S J Logistics IPOShanti Spintex IPO
Anchor Bid DateDec 11, 2023Dec 18, 2023
Issue OpenDec 12, 2023Dec 19, 2023
Issue CloseDec 14, 2023Dec 21, 2023
Basis Of Allotment (Tentative)Dec 15, 2023Dec 22, 2023
Initiation of Refunds (Tentative)Dec 18, 2023Dec 26, 2023
Credit of Share (Tentative)Dec 18, 2023Dec 26, 2023
Listing date (Tentative)Dec 19, 2023Dec 27, 2023
Anchor Lockin End date 1Jan 14, 2024Jan 21, 2024
Anchor Lockin End date 2Mar 14, 2024Mar 21, 2024

Financials & KPIs

S J Logistics IPO P/E ratio is 14.14, as compared to Shanti Spintex IPO P/E ratio of 9.82.

 S J Logistics IPOShanti Spintex IPO
Financials

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

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets174.57175.88136.31119.27
Total Income162.38370.71255.27112.94
Profit After Tax5.2410.134.873.38
NET Worth61.2256.0446.2341.36
Reserves and Surplus47.0248.9439.1334.26
Total Borrowing34.7441.7848.6942.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.5587.49
Promoter Shareholding (Post-Issue)49.6473.57
P/E Ratio14.149.82
Market Cap₹181.04 Cr.₹118.22 Cr.
ROE24.41%19.81%
ROCE18.58%10.12%
Debt/Equity1.080.75
EPS₹8.84₹7.13
RoNW24.41%18.07%

Shares Offered

In the S J Logistics IPO Retail Individual Investors (RII) are offered 12,77,000 shares while in Shanti Spintex IPO retail investors are offered 12,77,000 shares. Qualified Institutional Buyers (QIB) are offered 7,30,000 shares in S J Logistics IPO and 8,48,000 shares in Shanti Spintex IPO.

 S J Logistics IPOShanti Spintex IPO
Anchor Investor Reservation10,92,000 shares12,72,000 shares
Market Maker Reservation1,93,000 shares2,24,000 shares
QIB7,30,000 shares8,48,000 shares
NII5,48,000 shares6,36,000 shares
RII12,77,000 shares14,84,000 shares
Employee
Others
Total36,47,000 shares42,40,000 shares

Bids Received (Subscription)

S J Logistics IPO subscribed 316.26x in total, whereas Shanti Spintex IPO subscribed 27.38x.

 S J Logistics IPOShanti Spintex IPO
QIB (times)116.16x14.34x
NII (times)489.45x57.28x
Big NII (times)
Small NII (times)
RII (times)356.33x22.01x
Employee (times)
Other (times)
Total (times)316.26x27.38x

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