Blue Jet Healthcare IPO vs Cello World Limited IPO

Comparision between Blue Jet Healthcare IPO and Cello World Limited IPO.

IPO Details

Blue Jet Healthcare IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Cello World Limited IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Blue Jet Healthcare IPO	Cello World Limited 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	Kotak Mahindra Capital Company Limited ICICI Securities Limited J.P. Morgan India Private Limited	Kotak Mahindra Capital Company Limited ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited Motilal Oswal Investment Advisors Limited
Registrar	Link Intime India Private Ltd	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 Blue Jet Healthcare IPO is up to ₹840.27 Cr whereas the issue size of the Cello World Limited IPO is up to ₹1,900.00 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of Cello World Limited IPO is ₹648.00 per share.

	Blue Jet Healthcare IPO	Cello World Limited IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹329.00 per share	₹617.00 per share
Issue Price (Upper)	₹346.00 per share	₹648.00 per share
Issue Price (Final)	₹346.00 per share	₹648.00 per share
Discount (Retail)
Discount (Employee)		₹61.00 per share
Market Lot Size	43 shares	23 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	2,42,85,160 shares	2,93,20,987 shares
OFS Issue Size (Amount)	up to ₹840.27 Cr	up to ₹1,900.00 Cr
Issue Size Total	2,42,85,160 shares	2,93,20,987 shares
Issue Size Total (Amount)	up to ₹840.27 Cr	up to ₹1,900.00 Cr

IPO Timetable

Blue Jet Healthcare IPO opens on Oct 25, 2023, while Cello World Limited IPO opens on Oct 30, 2023. The closing date of Blue Jet Healthcare IPO and Cello World Limited IPO is Oct 27, 2023, and Nov 01, 2023, respectively.

	Blue Jet Healthcare IPO	Cello World Limited IPO
Anchor Bid Date	Oct 23, 2023	Oct 27, 2023
Issue Open	Oct 25, 2023	Oct 30, 2023
Issue Close	Oct 27, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Oct 30, 2023	Nov 02, 2023
Initiation of Refunds (Tentative)	Oct 31, 2023	Nov 02, 2023
Credit of Share (Tentative)	Oct 31, 2023	Nov 03, 2023
Listing date (Tentative)	Nov 01, 2023	Nov 06, 2023
Anchor Lockin End date 1	Nov 29, 2023	Dec 02, 2023
Anchor Lockin End date 2	Jan 28, 2024	Jan 31, 2024

Financials

Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to Cello World Limited IPO P/E ratio of .

Blue Jet Healthcare IPO

Cello World Limited IPO

Financial

Blue Jet Healthcare Limited Financial Information (Restated Standalone)

Blue Jet Healthcare Limited's revenue increased by 5.98% and profit after tax (PAT) dropped by -11.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022
Assets	903.80	862.07	713.38
Revenue	184.60	744.94	702.88
Profit After Tax	44.12	160.03	181.59
Net Worth	725.68	681.49	521.54
Reserves and Surplus	690.99	646.79	486.85
Total Borrowing
Amount in ₹ Crore

Cello World Limited Financial Information (Restated Consolidated)

Cello World Limited's revenue increased by 31.88% and profit after tax (PAT) rose by 29.86% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,686.05	1,551.69	1,333.66	1,146.51
Revenue	479.88	1,813.44	1,375.11	1,059.58
Profit After Tax	82.83	285.07	219.52	165.55
Net Worth	1,226.56	665.73	444.04	289.59
Reserves and Surplus	149.61	238.75	87.26	-107.04
Total Borrowing	328.64	335.11	462.91	334.07
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

91.8%

Promoter Shareholding (Post-Issue)

86%

78.06

P/E Ratio

37.49

Market Cap

₹6001.90 Cr.

₹13752.57 Cr.

ROE

26.60%%

39.9%%

ROCE

31.91%%

44.48%%

Debt/Equity

0.62

EPS

₹9.23

₹13.65

RoNW

23.48%%

23.17%%

Shares Offered

In the Blue Jet Healthcare IPO retail investors (RII) are offered 84,99,806 shares while in Cello World Limited IPO retail investors are offered 84,99,806 shares. Qualified institutional buyers (QIB) are offered 48,57,032 shares in Blue Jet Healthcare IPO and 58,33,334 shares in Cello World Limited IPO.

	Blue Jet Healthcare IPO	Cello World Limited IPO
Anchor Investor Reserveration	72,85,548 shares	87,49,999 shares
Market Maker Reserveration
QIB	48,57,032 shares	58,33,334 shares
NII	36,42,774 shares	43,75,000 shares
RII	84,99,806 shares	1,02,08,333 shares
Employee	0 shares	1,70,357 shares
Others
Total	1,69,99,612 shares	2,05,87,024 shares

Bids Received (Subscription)

Blue Jet Healthcare IPO subscribed 7.95x in total, whereas Cello World Limited IPO subscribed 41.69x.

	Blue Jet Healthcare IPO	Cello World Limited IPO
QIB (times)	13.72x	122.20x
NII (times)	13.59x	25.65x
Big NII (times)	15.65x	30.02x
Small NII (times)	9.48x	16.91x
RII (times)	2.24x	3.21x
Employee (times)		2.74x
Other (times)
Total (times)	7.95x	41.69x

Compare with others

Blue Jet Healthcare IPO	Cello World Limited IPO
Gandhar Oil Refinery India IPO	IREDA IPO
ASK Automotive IPO	Fedbank Financial Services IPO
ESAF Small Finance Bank IPO	Gandhar Oil Refinery India IPO
Cello World Limited IPO	ASK Automotive IPO
Mamaearth IPO	ESAF Small Finance Bank IPO
Protean eGov Technologies IPO	Mamaearth IPO
IRM Energy IPO	Blue Jet Healthcare IPO
Saraswati Saree Depot IPO	Protean eGov Technologies IPO
Plaza Wires IPO	IRM Energy IPO
Updater Services IPO	Saraswati Saree Depot IPO

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