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S J Logistics IPO vs Siyaram Recycling Industries IPO

Comparison between S J Logistics IPO and Siyaram Recycling Industries IPO.

IPO Details

S J Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siyaram Recycling Industries IPO is a SME Bookbuilding proposed to list at BSE SME.

 S J Logistics IPOSiyaram Recycling Industries IPO
LogoS J Logistics IPO LogoSiyaram Recycling Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerHem Finlease Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Siyaram Recycling Industries IPO is up to ₹21.80 Cr. The final issue price of S J Logistics IPO is ₹125.00 per share and of Siyaram Recycling Industries IPO is ₹46.00 per share.

 S J Logistics IPOSiyaram Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share₹43.00 per share
Issue Price (Upper)₹125.00 per share₹46.00 per share
Issue Price (Final)₹125.00 per share₹46.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares3000 shares
Fresh Issue Size36,47,000 shares47,40,000 shares
Fresh Issue Size (Amount)up to ₹45.59 Crup to ₹21.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,47,000 shares47,40,000 shares
Issue Size Total (Amount)up to ₹45.59 Crup to ₹21.80 Cr

IPO Timetable

S J Logistics IPO opens on Dec 12, 2023, while Siyaram Recycling Industries IPO opens on Dec 14, 2023. The closing date of S J Logistics IPO and Siyaram Recycling Industries IPO is Dec 14, 2023, and Dec 18, 2023, respectively.

 S J Logistics IPOSiyaram Recycling Industries IPO
Anchor Bid DateDec 11, 2023Dec 13, 2023
Issue OpenDec 12, 2023Dec 14, 2023
Issue CloseDec 14, 2023Dec 18, 2023
Basis Of Allotment (Tentative)Dec 15, 2023Dec 19, 2023
Initiation of Refunds (Tentative)Dec 18, 2023Dec 20, 2023
Credit of Share (Tentative)Dec 18, 2023Dec 20, 2023
Listing date (Tentative)Dec 19, 2023Dec 21, 2023
Anchor Lockin End date 1Jan 14, 2024Jan 18, 2024
Anchor Lockin End date 2Mar 14, 2024Mar 18, 2024

Financials & KPIs

S J Logistics IPO P/E ratio is 14.14, as compared to Siyaram Recycling Industries IPO P/E ratio of 8.3.

 S J Logistics IPOSiyaram Recycling Industries IPO
Financials

S J Logistics (India) Limited Financial Information (Restated Consolidated)

S J Logistics (India) Limited's revenue increased by 29.88% and profit after tax (PAT) rose by 340.23% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets10,541.078,104.325,062.515,013.55
Total Income10,338.5613,500.9910,395.1812,402.88
Profit After Tax931.07761.56172.9982.99
Net Worth5,640.933,120.32
Reserves and Surplus4,576.622,825.151,342.141,169.15
Total Borrowing2,952.403,356.00
Amount in ₹ Lakhs

Siyaram Recycling Industries Limited Financial Information (Restated)

Siyaram Recycling Industries Limited's revenue increased by 16.75% and profit after tax (PAT) rose by 137.36% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets15,136.319,851.359,823.59
Total Income49,786.2742,644.3413,972.93
Profit After Tax765.42322.47142.28
Net Worth4,642.123,876.713,554.23
Reserves and Surplus3,261.572,496.162,173.68
Total Borrowing6,706.952,821.022,931.72
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)67.55100
Promoter Shareholding (Post-Issue)49.64
P/E Ratio14.148.3
Market Cap₹181.04 Cr.₹86.47 Cr.
ROE24.41%17.97%
ROCE18.58%13.42%
Debt/Equity1.081.44
EPS₹8.84₹5.54
RoNW24.41%16.49%

Shares Offered

In the S J Logistics IPO Retail Individual Investors (RII) are offered 12,77,000 shares while in Siyaram Recycling Industries 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 9,48,000 shares in Siyaram Recycling Industries IPO.

 S J Logistics IPOSiyaram Recycling Industries IPO
Anchor Investor Reserveration10,92,000 shares14,22,000 shares
Market Maker Reserveration1,93,000 shares2,52,000 shares
QIB7,30,000 shares9,48,000 shares
NII5,48,000 shares7,11,000 shares
RII12,77,000 shares16,59,000 shares
Employee
Others
Total36,47,000 shares47,40,000 shares

Bids Received (Subscription)

S J Logistics IPO subscribed 316.26x in total, whereas Siyaram Recycling Industries IPO subscribed 385.19x.

 S J Logistics IPOSiyaram Recycling Industries IPO
QIB (times)116.16x96.43x
NII (times)489.45x597.72x
Big NII (times)
Small NII (times)
RII (times)356.33x459.11x
Employee (times)
Other (times)
Total (times)316.26x385.19x