Entero Healthcare Solutions IPO vs JG Chemicals IPO

Comparision between Entero Healthcare Solutions IPO and JG Chemicals IPO.

IPO Details

Entero Healthcare Solutions IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while JG Chemicals IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Entero Healthcare Solutions IPO	JG Chemicals 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 Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Jefferies India Private Limited Jm Financial Limited SBI Capital Markets Limited	Centrum Capital Limited Emkay Global Financial Services Ltd Keynote Financial Services Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Entero Healthcare Solutions IPO is up to ₹1,600.00 Cr whereas the issue size of the JG Chemicals IPO is up to ₹251.19 Cr. The final issue price of Entero Healthcare Solutions IPO is ₹1,258.00 per share and of JG Chemicals IPO is ₹221.00 per share.

	Entero Healthcare Solutions IPO	JG Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,195.00 per share	₹210.00 per share
Issue Price (Upper)	₹1,258.00 per share	₹221.00 per share
Issue Price (Final)	₹1,258.00 per share	₹221.00 per share
Discount (Retail)
Discount (Employee)	₹119.00 per share
Market Lot Size	11 shares	67 shares
Fresh Issue Size	79,49,125 shares	74,66,063 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹165.00 Cr
OFS Issue Size	47,69,475 shares	39,00,000 shares
OFS Issue Size (Amount)	up to ₹600.00 Cr	up to ₹86.19 Cr
Issue Size Total	1,27,18,600 shares	1,13,66,063 shares
Issue Size Total (Amount)	up to ₹1,600.00 Cr	up to ₹251.19 Cr

IPO Timetable

Entero Healthcare Solutions IPO opens on Feb 09, 2024, while JG Chemicals IPO opens on Mar 05, 2024. The closing date of Entero Healthcare Solutions IPO and JG Chemicals IPO is Feb 13, 2024, and Mar 07, 2024, respectively.

	Entero Healthcare Solutions IPO	JG Chemicals IPO
Anchor Bid Date	Feb 08, 2024	Mar 04, 2024
Issue Open	Feb 09, 2024	Mar 05, 2024
Issue Close	Feb 13, 2024	Mar 07, 2024
Basis Of Allotment (Tentative)	Feb 14, 2024	Mar 11, 2024
Initiation of Refunds (Tentative)	Feb 15, 2024	Mar 12, 2024
Credit of Share (Tentative)	Feb 15, 2024	Mar 12, 2024
Listing date (Tentative)	Feb 16, 2024	Mar 13, 2024
Anchor Lockin End date 1	Mar 15, 2024	Apr 10, 2024
Anchor Lockin End date 2	May 14, 2024	Jun 09, 2024

Financials

Entero Healthcare Solutions IPO P/E ratio is 0, as compared to JG Chemicals IPO P/E ratio of 16.25.

Entero Healthcare Solutions IPO

JG Chemicals IPO

Financial

Entero Healthcare Solutions Limited Financial Information (Restated Consolidated)

Entero Healthcare Solutions Limited's revenue increased by 30.84% and profit after tax (PAT) rose by 62.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,505.95	1,308.73	1,125.98	833.79
Revenue	1,898.98	3,305.72	2,526.55	1,783.67
Profit After Tax	11.64	-11.10	-29.44	-15.35
Net Worth	660.54	597.66	563.22	487.06
Total Borrowing	488.68	373.52	285.03	141.70
Amount in ₹ Crore

JG Chemicals Limited Financial Information (Restated Consolidated)

JG Chemicals Limited's revenue increased by 27.47% and profit after tax (PAT) rose by 31.69% 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	271.26	297.79	264.14	209.94
Revenue	491.10	794.19	623.05	440.41
Profit After Tax	18.51	56.79	43.13	28.80
Net Worth	217.86	199.89	147.66	108.48
Reserves and Surplus	193.22	175.67	151.23	107.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

77.11%

100.00%

Promoter Shareholding (Post-Issue)

P/E Ratio

16.25

Market Cap

₹3021.21 Cr.

₹866.01 Cr.

ROE

-2.66%%

8.20%%

ROCE

6.06%%

11.86 %%

Debt/Equity

0.45

0.11

EPS

₹0.00

₹13.60

RoNW

-1.86%%

8.16%%

Shares Offered

In the Entero Healthcare Solutions IPO retail investors (RII) are offered 13,07,073 shares while in JG Chemicals IPO retail investors are offered 13,07,073 shares. Qualified institutional buyers (QIB) are offered 38,08,069 shares in Entero Healthcare Solutions IPO and 22,73,214 shares in JG Chemicals IPO.

	Entero Healthcare Solutions IPO	JG Chemicals IPO
Anchor Investor Reserveration	56,94,753 shares	34,09,818 shares
Market Maker Reserveration
QIB	38,08,069 shares	22,73,214 shares
NII	19,60,609 shares	17,04,910 shares
RII	13,07,073 shares	39,78,122 shares
Employee	74,349 shares	0 shares
Others
Total	71,50,100 shares	79,56,246 shares

Bids Received (Subscription)

Entero Healthcare Solutions IPO subscribed 1.53x in total, whereas JG Chemicals IPO subscribed 28.52x.

	Entero Healthcare Solutions IPO	JG Chemicals IPO
QIB (times)	2.28x	32.33x
NII (times)	0.22x	47.92x
Big NII (times)	0.16x	50.26x
Small NII (times)	0.33x	43.24x
RII (times)	1.33x	18.03x
Employee (times)	1.25x
Other (times)
Total (times)	1.53x	28.52x

Compare with others

Entero Healthcare Solutions IPO	JG Chemicals IPO
JG Chemicals IPO	Bharti Hexacom IPO
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Vibhor Steel Tubes IPO	Krystal Integrated Services IPO
Exicom Tele-Systems IPO	Bharat Highways InvIT
Capital SFB IPO	GPT Healthcare IPO
Jana SFB IPO	Juniper Hotels IPO
Platinum Industries IPO	Vibhor Steel Tubes IPO
Apeejay Surrendra Park IPO	Entero Healthcare Solutions IPO

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