Jash Engineering IPO vs Siddharth Education IPO

Comparison between Jash Engineering IPO and Siddharth Education IPO.

IPO Details

Jash Engineering IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siddharth Education IPO is a SME Bookbuilding 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 Siddharth Education IPO is up to ₹10.33 Cr. The final issue price of Jash Engineering IPO is ₹120.00 per share and of Siddharth Education IPO is ₹35.00 per share.

 Jash Engineering IPOSiddharth Education IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share₹30.00 per share
Issue Price (Upper)₹120.00 per share₹35.00 per share
Issue Price (Final)₹120.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares4000 shares
Fresh Issue Size20,60,798 shares29,52,000 shares
Fresh Issue Size (Amount)up to ₹24.73 Crup to ₹10.33 Cr
OFS Issue Size17,39,602 shares0 shares
OFS Issue Size (Amount)up to ₹20.88 Crup to ₹0.00 Cr
Issue Size Total38,00,400 shares29,52,000 shares
Issue Size Total (Amount)up to ₹45.60 Crup to ₹10.33 Cr

IPO Timetable

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

 Jash Engineering IPOSiddharth Education 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 12, 2017

Financials & KPIs

Jash Engineering IPO P/E ratio is , as compared to Siddharth Education IPO P/E ratio of .

 Jash Engineering IPOSiddharth Education 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 Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets14.2412.089.07
Total Income4.953.692.08
Profit After Tax0.970.65-0.31
NET Worth5.434.463.81
Reserves and Surplus2.221.250.60
Total Borrowing6.856.654.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)30.09%98.67%
Promoter Shareholding (Post-Issue)23.34%72.22%
Market Cap₹142.04 Cr.₹40.60 Cr.

Shares Offered

In the Jash Engineering IPO Retail Individual Investors (RII) are offered 13,30,800 shares while in Siddharth Education 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 Siddharth Education IPO.

 Jash Engineering IPOSiddharth Education IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,00,400 shares1,56,000 shares
QIB18,99,600 shares0 shares
NII5,70,000 shares14,76,000 shares
RII13,30,800 shares14,76,000 shares
Employee0 shares0 shares
Total38,00,400 shares29,52,000 shares

Bids Received (Subscription)

Jash Engineering IPO subscribed 4.92x in total, whereas Siddharth Education IPO subscribed 1.35x.

 Jash Engineering IPOSiddharth Education IPO
QIB (times)2.70x
NII (times)18.83x1.86x
RII (times)2.12x0.84x
Total (times)4.92x1.35x

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Jash Engineering IPO Vs Siddharth Education IPO