Jana SFB IPO vs Platinum Industries IPO

Comparision between Jana SFB IPO and Platinum Industries IPO.

IPO Details

Jana SFB IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Platinum Industries IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Jana SFB IPO	Platinum Industries 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	Axis Capital Limited ICICI Securities Limited SBI Capital Markets Limited	Unistone Capital Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt 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 Jana SFB IPO is up to ₹570.00 Cr whereas the issue size of the Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of Jana SFB IPO is ₹414.00 per share and of Platinum Industries IPO is ₹171.00 per share.

	Jana SFB IPO	Platinum Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹393.00 per share	₹162.00 per share
Issue Price (Upper)	₹414.00 per share	₹171.00 per share
Issue Price (Final)	₹414.00 per share	₹171.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	36 shares	87 shares
Fresh Issue Size	1,11,59,420 shares	1,37,61,225 shares
Fresh Issue Size (Amount)	up to ₹462.00 Cr	up to ₹235.32 Cr
OFS Issue Size	26,08,629 shares
OFS Issue Size (Amount)	up to ₹108.00 Cr
Issue Size Total	1,37,68,049 shares	1,37,61,225 shares
Issue Size Total (Amount)	up to ₹570.00 Cr	up to ₹235.32 Cr

IPO Timetable

Jana SFB IPO opens on Feb 07, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of Jana SFB IPO and Platinum Industries IPO is Feb 09, 2024, and Feb 29, 2024, respectively.

	Jana SFB IPO	Platinum Industries IPO
Anchor Bid Date	Feb 06, 2024	Feb 26, 2024
Issue Open	Feb 07, 2024	Feb 27, 2024
Issue Close	Feb 09, 2024	Feb 29, 2024
Basis Of Allotment (Tentative)	Feb 12, 2024	Mar 01, 2024
Initiation of Refunds (Tentative)	Feb 13, 2024	Mar 04, 2024
Credit of Share (Tentative)	Feb 13, 2024	Mar 04, 2024
Listing date (Tentative)	Feb 14, 2024	Mar 05, 2024
Anchor Lockin End date 1	Mar 13, 2024	Mar 31, 2024
Anchor Lockin End date 2	May 12, 2024	May 30, 2024

Financials

Jana SFB IPO P/E ratio is 15.11, as compared to Platinum Industries IPO P/E ratio of 18.73.

Jana SFB IPO

Platinum Industries IPO

Financial

Jana Small Finance Bank Limited Financial Information (Restated)

Jana Small Finance Bank Limited's revenue increased by 20.82% and profit after tax (PAT) rose by 1365.12% 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	28,105.87	25,643.69	20,188.71	19,078.66
Revenue	2,215.57	3,699.88	3,062.37	2,720.74
Profit After Tax	213.22	255.97	17.47	72.26
Net Worth	2,547.11	1,777.07	1,184.56	1,100.77
Reserves and Surplus	2,225.44	1,472.28	999.29	914.09
Total Borrowing	5,313.54	6,277.46	4,509.83	4,815.32
Amount in ₹ Crore

Platinum Industries Limited Financial Information (Restated Consolidated)

Platinum Industries Limited's revenue increased by 22.89% and profit after tax (PAT) rose by 111.76% 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	137.72	121.17	84.48	32.26
Revenue	123.73	232.56	189.24	89.53
Profit After Tax	22.84	37.58	17.75	4.82
Net Worth	85.04	61.88	22.34	4.47
Reserves and Surplus	44.86	21.80	21.28	3.53
Total Borrowing	11.46	17.43	24.24	3.26
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

25.20%

94.74%

Promoter Shareholding (Post-Issue)

P/E Ratio

15.11

18.73

Market Cap

₹4330.04 Cr.

₹939.22 Cr.

ROE

16.78%%

90.02%%

ROCE

56.85%%

Debt/Equity

3.49

0.28

EPS

₹27.40

₹9.13

RoNW

14.40%%

61.26%%

Shares Offered

In the Jana SFB IPO retail investors (RII) are offered 47,04,687 shares while in Platinum Industries IPO retail investors are offered 47,04,687 shares. Qualified institutional buyers (QIB) are offered 26,88,392 shares in Jana SFB IPO and 27,52,375 shares in Platinum Industries IPO.

	Jana SFB IPO	Platinum Industries IPO
Anchor Investor Reserveration	40,32,588 shares	41,28,237 shares
Market Maker Reserveration
QIB	26,88,392 shares	27,52,375 shares
NII	20,16,294 shares	20,64,184 shares
RII	47,04,687 shares	48,16,429 shares
Employee	0 shares	0 shares
Others
Total	94,09,373 shares	96,32,988 shares

Bids Received (Subscription)

Jana SFB IPO subscribed 19.89x in total, whereas Platinum Industries IPO subscribed 98.99x.

	Jana SFB IPO	Platinum Industries IPO
QIB (times)	39.81x	151.00x
NII (times)	26.13x	141.79x
Big NII (times)	28.73x	138.46x
Small NII (times)	20.94x	148.46x
RII (times)	5.70x	50.92x
Employee (times)
Other (times)
Total (times)	19.89x	98.99x

Compare with others

Jana SFB IPO	Platinum Industries IPO
Juniper Hotels IPO	Vibhor Steel Tubes IPO
Vibhor Steel Tubes IPO	Entero Healthcare Solutions IPO
Entero Healthcare Solutions IPO	Exicom Tele-Systems IPO
Exicom Tele-Systems IPO	Capital SFB IPO
Capital SFB IPO	Jana SFB IPO
Platinum Industries IPO	Apeejay Surrendra Park IPO
Apeejay Surrendra Park IPO	Rashi Peripherals IPO
Rashi Peripherals IPO	BLS E-Services IPO
BLS E-Services IPO	R K SWAMY IPO
R K SWAMY IPO	EPACK Durable IPO

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