Jash Engineering IPO vs Shreeji Translogistics IPO

Comparison between Jash Engineering IPO and Shreeji Translogistics IPO.

IPO Details

Jash Engineering IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shreeji Translogistics IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Jash Engineering IPO is up to ₹45.60 Cr whereas the issue size of the Shreeji Translogistics IPO is up to ₹11.78 Cr. The final issue price of Jash Engineering IPO is ₹120.00 per share and of Shreeji Translogistics IPO is ₹130.00 per share.

 Jash Engineering IPOShreeji Translogistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹120.00 per share₹130.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares1000 shares
Fresh Issue Size20,60,798 shares1,56,000 shares
Fresh Issue Size (Amount)up to ₹24.73 Crup to ₹2.03 Cr
OFS Issue Size17,39,602 shares7,50,000 shares
OFS Issue Size (Amount)up to ₹20.88 Crup to ₹9.75 Cr
Issue Size Total38,00,400 shares9,06,000 shares
Issue Size Total (Amount)up to ₹45.60 Crup to ₹11.78 Cr

IPO Timetable

Jash Engineering IPO opens on Sep 28, 2017, while Shreeji Translogistics IPO opens on Sep 29, 2017. The closing date of Jash Engineering IPO and Shreeji Translogistics IPO is Oct 03, 2017, and Oct 05, 2017, respectively.

 Jash Engineering IPOShreeji Translogistics IPO
Issue OpenSep 28, 2017Sep 29, 2017
Issue CloseOct 03, 2017Oct 05, 2017
Basis Of Allotment (Tentative)Oct 06, 2017Oct 10, 2017
Listing date (Tentative)Oct 11, 2017Oct 13, 2017

Financials & KPIs

Jash Engineering IPO P/E ratio is , as compared to Shreeji Translogistics IPO P/E ratio of .

 Jash Engineering IPOShreeji Translogistics IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets182.49161.35157.44
Total Income147.83113.05112.01
Profit After Tax10.518.757.83
NET Worth89.3481.0274.06
Reserves and Surplus79.7671.4564.49
Total Borrowing39.9041.0833.52
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets48.1239.5641.99
Total Income87.7588.4693.16
Profit After Tax1.581.040.47
NET Worth14.6513.0712.03
Reserves and Surplus11.3612.1311.09
Total Borrowing22.4718.9020.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)30.09%100%
Promoter Shareholding (Post-Issue)23.34%72.70%
Market Cap₹142.04 Cr.₹45.42 Cr.

Shares Offered

In the Jash Engineering IPO Retail Individual Investors (RII) are offered 13,30,800 shares while in Shreeji Translogistics IPO retail investors are offered 13,30,800 shares. Qualified Institutional Buyers (QIB) are offered 18,99,600 shares in Jash Engineering IPO and 0 shares in Shreeji Translogistics IPO.

 Jash Engineering IPOShreeji Translogistics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,00,400 shares48,000 shares
QIB18,99,600 shares0 shares
NII5,70,000 shares4,53,000 shares
RII13,30,800 shares4,53,000 shares
Employee0 shares0 shares
Total38,00,400 shares9,06,000 shares

Bids Received (Subscription)

Jash Engineering IPO subscribed 4.92x in total, whereas Shreeji Translogistics IPO subscribed 1.25x.

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Jash Engineering IPO Vs Shreeji Translogistics IPO