Comparison between Jash Engineering IPO and Tirupati Forge IPO.
Jash Engineering IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.
| Jash Engineering IPO | Tirupati Forge IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Systematix Corporate Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Systematix Shares & Stocks (India) Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Jash Engineering IPO is up to ₹45.60 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Jash Engineering IPO is ₹120.00 per share and of Tirupati Forge IPO is ₹29.00 per share.
| Jash Engineering IPO | Tirupati Forge 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 | ₹29.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 4000 shares |
| Fresh Issue Size | 20,60,798 shares | 17,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.73 Cr | up to ₹4.95 Cr |
| OFS Issue Size | 17,39,602 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹20.88 Cr | up to ₹0.00 Cr |
| Issue Size Total | 38,00,400 shares | 17,08,000 shares |
| Issue Size Total (Amount) | up to ₹45.60 Cr | up to ₹4.95 Cr |
Jash Engineering IPO opens on Sep 28, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Jash Engineering IPO and Tirupati Forge IPO is Oct 03, 2017, and Oct 04, 2017, respectively.
| Jash Engineering IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 28, 2017 | Sep 29, 2017 |
| Issue Close | Oct 03, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 11, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jash Engineering IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .
| Jash Engineering IPO | Tirupati Forge IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹142.04 Cr. | ₹16.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Jash Engineering IPO Retail Individual Investors (RII) are offered 13,30,800 shares while in Tirupati Forge IPO retail investors are offered 13,30,800 shares. Qualified Institutional Buyers (QIB) are offered 18,99,600 shares in Jash Engineering IPO and in Tirupati Forge IPO.
| Jash Engineering IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,00,400 shares | 92,000 shares |
| QIB | 18,99,600 shares | |
| NII | 5,70,000 shares | 8,54,000 shares |
| RII | 13,30,800 shares | 8,54,000 shares |
| Employee | ||
| Others | ||
| Total | 38,00,400 shares | 17,08,000 shares |
Jash Engineering IPO subscribed 4.92x in total, whereas Tirupati Forge IPO subscribed 6.94x.
| Jash Engineering IPO | Tirupati Forge IPO | |
|---|---|---|
| QIB (times) | 2.70x | |
| NII (times) | 18.83x | 3.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.12x | 10.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.92x | 6.94x |
