JNK India IPO vs Vodafone Idea FPO

Comparison between JNK India IPO and Vodafone Idea FPO.

IPO Details

JNK India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vodafone Idea FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of JNK India IPO is up to ₹649.47 Cr whereas the issue size of the Vodafone Idea FPO is up to ₹18,000.00 Cr. The final issue price of JNK India IPO is ₹415.00 per share and of Vodafone Idea FPO is ₹11.00 per share.

 JNK India IPOVodafone Idea FPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹395.00 per share₹10.00 per share
Issue Price (Upper)₹415.00 per share₹11.00 per share
Issue Price (Final)₹415.00 per share₹11.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size36 shares1298 shares
Fresh Issue Size72,28,915 shares16,36,36,36,363 shares
Fresh Issue Size (Amount)up to ₹300.00 Crup to ₹18,000.00 Cr
OFS Issue Size84,21,052 shares0 shares
OFS Issue Size (Amount)up to ₹349.47 Crup to ₹0.00 Cr
Issue Size Total1,56,49,967 shares16,36,36,36,363 shares
Issue Size Total (Amount)up to ₹649.47 Crup to ₹18,000.00 Cr

IPO Timetable

JNK India IPO opens on Apr 23, 2024, while Vodafone Idea FPO opens on Apr 18, 2024. The closing date of JNK India IPO and Vodafone Idea FPO is Apr 25, 2024, and Apr 22, 2024, respectively.

 JNK India IPOVodafone Idea FPO
Anchor Bid DateApr 22, 2024Apr 16, 2024
Issue OpenApr 23, 2024Apr 18, 2024
Issue CloseApr 25, 2024Apr 22, 2024
Basis Of Allotment (Tentative)Apr 26, 2024Apr 23, 2024
Initiation of Refunds (Tentative)Apr 29, 2024Apr 24, 2024
Credit of Share (Tentative)Apr 29, 2024Apr 24, 2024
Listing date (Tentative)Apr 30, 2024Apr 25, 2024
Anchor Lockin End date 1May 26, 2024May 23, 2024
Anchor Lockin End date 2Jul 25, 2024Jul 22, 2024

Financials & KPIs

JNK India IPO P/E ratio is 43.32, as compared to Vodafone Idea FPO P/E ratio of -1.88.

 JNK India IPOVodafone Idea FPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets453.39337.78268.32125.12
Total Income256.76411.55297.14138.45
Profit After Tax46.2146.3635.9816.48
NET Worth168.56122.1772.1836.82
Reserves and Surplus158.88112.5762.5836.22
Total Borrowing56.7333.765.998.95
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,90,801.802,07,242.701,94,029.102,03,480.60
Total Income32,125.6042,488.5038,644.9042,126.40
Profit After Tax-23,563.80-29,301.10-28,245.40-44,233.10
NET Worth-97,931.90-74,359.10-61,964.80-38,228.00
Reserves and Surplus-1,46,611.60-1,23,038.80-94,083.60
Total Borrowing2,03,425.702,01,586.001,90,917.701,80,310.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.5648.75
Promoter Shareholding (Post-Issue)36.87
P/E Ratio43.32-1.88
Market Cap₹2308.27 Cr.₹73131.80 Cr.
ROE31.79%
ROCE34.73%
Debt/Equity0.34
EPS₹9.58₹-5.85
RoNW31.79%

Shares Offered

In the JNK India IPO Retail Individual Investors (RII) are offered 54,77,489 shares while in Vodafone Idea FPO retail investors are offered 54,77,489 shares. Qualified Institutional Buyers (QIB) are offered 31,29,993 shares in JNK India IPO and 3,27,27,27,272 shares in Vodafone Idea FPO.

 JNK India IPOVodafone Idea FPO
Anchor Investor Reservation46,94,989 shares4,90,90,90,908 shares
Market Maker Reservation
QIB31,29,993 shares3,27,27,27,272 shares
NII23,47,496 shares2,45,45,45,455 shares
RII54,77,489 shares5,72,72,72,728 shares
Employee
Others
Total1,56,49,967 shares16,36,36,36,363 shares

Bids Received (Subscription)

JNK India IPO subscribed 28.46x in total, whereas Vodafone Idea FPO subscribed 6.99x.

 JNK India IPOVodafone Idea FPO
QIB (times)74.40x19.31x
NII (times)23.80x4.54x
Big NII (times)27.73x6.04x
Small NII (times)15.94x1.55x
RII (times)4.20x1.01x
Employee (times)
Other (times)
Total (times)28.46x6.99x

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JNK India IPO Vs Vodafone Idea FPO