GConnect Logitech IPO vs Jay Kailash Namkeen IPO

Comparision between GConnect Logitech IPO and Jay Kailash Namkeen IPO.

IPO Details

GConnect Logitech IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Jay Kailash Namkeen IPO is a SME Book Built Issue proposed to list at BSE SME.

	GConnect Logitech IPO	Jay Kailash Namkeen IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Fedex Securities�Pvt Ltd	Expert Global Consultants Private Limited
Registrar	Kfin Technologies Limited	Skyline Financial Services Private Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of GConnect Logitech IPO is up to ₹5.60 Cr whereas the issue size of the Jay Kailash Namkeen IPO is up to ₹11.93 Cr. The final issue price of GConnect Logitech IPO is ₹40.00 per share and of Jay Kailash Namkeen IPO is ₹73.00 per share.

	GConnect Logitech IPO	Jay Kailash Namkeen IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹70.00 per share
Issue Price (Upper)		₹73.00 per share
Issue Price (Final)	₹40.00 per share	₹73.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	14,01,000 shares	16,33,600 shares
Fresh Issue Size (Amount)	up to ₹5.60 Cr	up to ₹11.93 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,01,000 shares	16,33,600 shares
Issue Size Total (Amount)	up to ₹5.60 Cr	up to ₹11.93 Cr

IPO Timetable

GConnect Logitech IPO opens on Mar 26, 2024, while Jay Kailash Namkeen IPO opens on Mar 28, 2024. The closing date of GConnect Logitech IPO and Jay Kailash Namkeen IPO is Mar 28, 2024, and Apr 03, 2024, respectively.

	GConnect Logitech IPO	Jay Kailash Namkeen IPO
Anchor Bid Date
Issue Open	Mar 26, 2024	Mar 28, 2024
Issue Close	Mar 28, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 02, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 03, 2024	Apr 08, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

GConnect Logitech IPO P/E ratio is 1.5, as compared to Jay Kailash Namkeen IPO P/E ratio of 27.65.

GConnect Logitech IPO

Jay Kailash Namkeen IPO

Financial

GConnect Logitech and Supply Chain Limited Financial Information (Restated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	423.25	82.46
Revenue	212.57	101.03
Profit After Tax	22.83	10.86
Net Worth	398.15	77.51
Reserves and Surplus	166.29	60.10
Amount in ₹ Lakhs

Jay Kailash Namkeen Limited Financial Information (Restated)

Jay Kailash Namkeen Limited's revenue decreased by -5.31% and profit after tax (PAT) rose by 62.71% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,118.30	671.19	613.46	373.57
Revenue	646.19	987.74	1,043.12	1,314.80
Profit After Tax	40.45	88.79	54.57	8.81
Net Worth	582.45	359.21	83.20	28.42
Reserves and Surplus	246.12	65.88	49.42
Total Borrowing	354.67	238.44	65.76	111.58
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

76.76%

71.82%

Promoter Shareholding (Post-Issue)

47.85%

48.33%

P/E Ratio

1.5

27.65

Market Cap

₹14.88 Cr.

₹36.48 Cr.

ROE

5.73%%

24.72%%

ROCE

7.67%%

31.91%%

Debt/Equity

0.61

EPS

₹26.64

₹2.64

RoNW

5.73%%

24.72%%

Shares Offered

In the GConnect Logitech IPO retail investors (RII) are offered 6,63,000 shares while in Jay Kailash Namkeen IPO retail investors are offered 6,63,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in GConnect Logitech IPO and 4,64,000 shares in Jay Kailash Namkeen IPO.

	GConnect Logitech IPO	Jay Kailash Namkeen IPO
Anchor Investor Reserveration
Market Maker Reserveration	75,000 shares	83,200 shares
QIB	0 shares	4,64,000 shares
NII	6,63,000 shares	3,10,400 shares
RII	6,63,000 shares	7,76,000 shares
Employee	0 shares	0 shares
Others
Total	13,26,000 shares	15,50,400 shares

Bids Received (Subscription)

GConnect Logitech IPO subscribed 57.38x in total, whereas Jay Kailash Namkeen IPO subscribed 40.02x.

	GConnect Logitech IPO	Jay Kailash Namkeen IPO
QIB (times)		2.32x
NII (times)	42.90x	68.93x
Big NII (times)
Small NII (times)
RII (times)	71.74x	50.99x
Employee (times)
Other (times)
Total (times)	57.38x	40.02x

Compare with others

GConnect Logitech IPO	Jay Kailash Namkeen IPO
Creative Graphics Solutions India IPO	Teerth Gopicon IPO
K2 Infragen IPO	DCG Cables & Wires IPO
Aluwind Architectural IPO	Creative Graphics Solutions India IPO
Jay Kailash Namkeen IPO	K2 Infragen IPO
Yash Optics & Lens IPO	Aluwind Architectural IPO
TAC Infosec IPO	Yash Optics & Lens IPO
Radiowalla IPO	GConnect Logitech IPO
Aspire & Innovative IPO	TAC Infosec IPO
Blue Pebble IPO	Radiowalla IPO
Vruddhi Engineering Works IPO	Aspire & Innovative IPO

Comments

Add a public comment...