Comparison between JSW Infrastructure IPO and Updater IPO.
JSW Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Updater IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of JSW Infrastructure IPO is up to ₹2,800.00 Cr whereas the issue size of the Updater IPO is up to ₹640.00 Cr. The final issue price of JSW Infrastructure IPO is ₹119.00 per share and of Updater IPO is ₹300.00 per share.
| JSW Infrastructure IPO | Updater IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹113.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹119.00 per share | ₹300.00 per share |
| Issue Price (Final) | ₹119.00 per share | ₹300.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 126 shares | 50 shares |
| Fresh Issue Size | 23,52,94,117 shares | 1,33,33,333 shares |
| Fresh Issue Size (Amount) | up to ₹2,800.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 0 shares | 80,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹240.00 Cr |
| Issue Size Total | 23,52,94,117 shares | 2,13,33,333 shares |
| Issue Size Total (Amount) | up to ₹2,800.00 Cr | up to ₹640.00 Cr |
JSW Infrastructure IPO opens on Sep 25, 2023, while Updater IPO opens on Sep 25, 2023. The closing date of JSW Infrastructure IPO and Updater IPO is Sep 27, 2023, and Sep 27, 2023, respectively.
| JSW Infrastructure IPO | Updater IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | Sep 22, 2023 |
| Issue Open | Sep 25, 2023 | Sep 25, 2023 |
| Issue Close | Sep 27, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Sep 28, 2023 |
| Initiation of Refunds (Tentative) | Sep 28, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Sep 29, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Oct 03, 2023 | Oct 04, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | Oct 28, 2023 |
| Anchor Lockin End date 2 | Dec 27, 2023 | Dec 27, 2023 |
JSW Infrastructure IPO P/E ratio is 29.67, as compared to Updater IPO P/E ratio of 44.31.
| JSW Infrastructure IPO | Updater IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.42 | 80.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 85.61 | 58.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.67 | 44.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24990.00 Cr. | ₹2001.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.33% | 9.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.49% | 14.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.12 | ₹6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.80% | 9.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the JSW Infrastructure IPO Retail Individual Investors (RII) are offered 2,35,29,411 shares while in Updater IPO retail investors are offered 2,35,29,411 shares. Qualified Institutional Buyers (QIB) are offered 7,05,88,237 shares in JSW Infrastructure IPO and 64,00,001 shares in Updater IPO.
| JSW Infrastructure IPO | Updater IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,58,82,352 shares | 96,00,000 shares |
| Market Maker Reservation | ||
| QIB | 7,05,88,237 shares | 64,00,001 shares |
| NII | 3,52,94,117 shares | 31,99,999 shares |
| RII | 2,35,29,411 shares | 21,33,333 shares |
| Employee | ||
| Others | ||
| Total | 23,52,94,117 shares | 2,13,33,333 shares |
JSW Infrastructure IPO subscribed 39.36x in total, whereas Updater IPO subscribed 2.96x.
| JSW Infrastructure IPO | Updater IPO | |
|---|---|---|
| QIB (times) | 60.12x | 4.50x |
| NII (times) | 16.83x | 0.89x |
| Big NII (times) | 17.94x | 1.07x |
| Small NII (times) | 14.62x | 0.53x |
| RII (times) | 10.87x | 1.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 39.36x | 2.96x |
