Aadhar Housing Finance IPO vs JNK India IPO

Comparision between Aadhar Housing Finance IPO and JNK India IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while JNK India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aadhar Housing Finance IPO	JNK India IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	ICICI Securities Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited	Iifl Securities Ltd ICICI Securities Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the JNK India IPO is up to ₹649.47 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of JNK India IPO is ₹415.00 per share.

	Aadhar Housing Finance IPO	JNK India IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹300.00 per share	₹395.00 per share
Issue Price (Upper)	₹315.00 per share	₹415.00 per share
Issue Price (Final)	₹315.00 per share	₹415.00 per share
Discount (Retail)
Discount (Employee)	₹23.00 per share
Market Lot Size	47 shares	36 shares
Fresh Issue Size	3,17,46,032 shares	75,94,936 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹300.00 Cr
OFS Issue Size	6,34,92,063 shares	84,21,052 shares
OFS Issue Size (Amount)	up to ₹2,000.00 Cr	up to ₹349.47 Cr
Issue Size Total	9,52,38,095 shares	1,60,15,988 shares
Issue Size Total (Amount)	up to ₹3,000.00 Cr	up to ₹649.47 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while JNK India IPO opens on Apr 23, 2024. The closing date of Aadhar Housing Finance IPO and JNK India IPO is May 10, 2024, and Apr 25, 2024, respectively.

	Aadhar Housing Finance IPO	JNK India IPO
Anchor Bid Date	May 07, 2024	Apr 22, 2024
Issue Open	May 08, 2024	Apr 23, 2024
Issue Close	May 10, 2024	Apr 25, 2024
Basis Of Allotment (Tentative)	May 13, 2024	Apr 26, 2024
Initiation of Refunds (Tentative)	May 14, 2024	Apr 29, 2024
Credit of Share (Tentative)	May 14, 2024	Apr 29, 2024
Listing date (Tentative)	May 15, 2024	Apr 30, 2024
Anchor Lockin End date 1	Jun 12, 2024	May 26, 2024
Anchor Lockin End date 2	Aug 11, 2024	Jul 25, 2024

Financials

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to JNK India IPO P/E ratio of 43.32.

Aadhar Housing Finance IPO

JNK India IPO

Financial

Aadhar Housing Finance Limited Financial Information (Restated Consolidated)

Aadhar Housing Finance Limited's revenue increased by 18.22% and profit after tax (PAT) rose by 22.22% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	18,035.57	16,617.87	14,375.81	13,630.33
Revenue	1,895.17	2,043.52	1,728.56	1,575.55
Profit After Tax	547.88	545.34	446.20	340.46
Net Worth	4,249.10	3,697.60	3,146.63	2,692.76
Total Borrowing	13,127.59	12,153.45	10,674.59	10,374.47
Amount in ₹ Crore

JNK India Limited Financial Information (Restated Consolidated)

JNK India Limited's revenue increased by 38.5% and profit after tax (PAT) rose by 28.84% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	453.39	337.78	268.32	125.12
Revenue	256.76	411.55	297.14	138.45
Profit After Tax	46.21	46.36	35.98	16.48
Net Worth	168.56	122.17	72.18	36.82
Reserves and Surplus	158.88	112.57	62.58	36.22
Total Borrowing	56.73	33.76	5.99	8.95
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

98.72%

94.56%

Promoter Shareholding (Post-Issue)

76.48%

P/E Ratio

22.8

43.32

Market Cap

₹13434.78 Cr.

₹2308.27 Cr.

ROE

18.4%%

31.79%%

ROCE

34.73%%

Debt/Equity

3.1

0.34

EPS

₹13.81

₹9.58

RoNW

12.9%%

31.79%%

Shares Offered

In the Aadhar Housing Finance IPO retail investors (RII) are offered 3,32,55,556 shares while in JNK India IPO retail investors are offered 3,32,55,556 shares. Qualified institutional buyers (QIB) are offered 1,90,03,176 shares in Aadhar Housing Finance IPO and 31,29,903 shares in JNK India IPO.

	Aadhar Housing Finance IPO	JNK India IPO
Anchor Investor Reserveration	2,85,04,761 shares	46,94,989 shares
Market Maker Reserveration
QIB	1,90,03,176 shares	31,29,903 shares
NII	1,42,52,381 shares	23,47,497 shares
RII	3,32,55,556 shares	54,77,489 shares
Employee	2,39,726 shares	0 shares
Others
Total	6,67,50,839 shares	1,09,54,889 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas JNK India IPO subscribed 28.46x.

	Aadhar Housing Finance IPO	JNK India IPO
QIB (times)	76.42x	74.40x
NII (times)	17.33x	23.80x
Big NII (times)	18.90x	27.73x
Small NII (times)	14.19x	15.94x
RII (times)	2.58x	4.20x
Employee (times)	6.88x
Other (times)
Total (times)	26.76x	28.46x

Compare with others

Aadhar Housing Finance IPO	JNK India IPO
DEE Piping Systems IPO	Awfis Space Solutions IPO
ixigo IPO	Go Digit IPO
Kronox Lab Sciences IPO	Aadhar Housing Finance IPO
Awfis Space Solutions IPO	TBO Tek IPO
Go Digit IPO	Indegene IPO
TBO Tek IPO	VI FPO
Indegene IPO	Bharti Hexacom IPO
JNK India IPO	SRM Contractors IPO
VI FPO	Popular Vehicles & Services IPO
Bharti Hexacom IPO	Gopal Namkeen IPO

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