Jana SFB IPO vs Rashi Peripherals IPO

Comparision between Jana SFB IPO and Rashi Peripherals IPO.

IPO Details

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

	Jana SFB IPO	Rashi Peripherals 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	Jm Financial Limited 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 Jana SFB IPO is up to ₹570.00 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of Jana SFB IPO is ₹414.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.

	Jana SFB IPO	Rashi Peripherals IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹393.00 per share	₹295.00 per share
Issue Price (Upper)	₹414.00 per share	₹311.00 per share
Issue Price (Final)	₹414.00 per share	₹311.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	36 shares	48 shares
Fresh Issue Size	1,11,59,420 shares	1,92,92,604 shares
Fresh Issue Size (Amount)	up to ₹462.00 Cr	up to ₹600.00 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	1,92,92,604 shares
Issue Size Total (Amount)	up to ₹570.00 Cr	up to ₹600.00 Cr

IPO Timetable

Jana SFB IPO opens on Feb 07, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of Jana SFB IPO and Rashi Peripherals IPO is Feb 09, 2024, and Feb 09, 2024, respectively.

	Jana SFB IPO	Rashi Peripherals IPO
Anchor Bid Date	Feb 06, 2024	Feb 06, 2024
Issue Open	Feb 07, 2024	Feb 07, 2024
Issue Close	Feb 09, 2024	Feb 09, 2024
Basis Of Allotment (Tentative)	Feb 12, 2024	Feb 12, 2024
Initiation of Refunds (Tentative)	Feb 13, 2024	Feb 13, 2024
Credit of Share (Tentative)	Feb 13, 2024	Feb 13, 2024
Listing date (Tentative)	Feb 14, 2024	Feb 14, 2024
Anchor Lockin End date 1	Mar 13, 2024	Mar 13, 2024
Anchor Lockin End date 2	May 12, 2024	May 12, 2024

Financials

Jana SFB IPO P/E ratio is 15.11, as compared to Rashi Peripherals IPO P/E ratio of 11.75.

Jana SFB IPO

Rashi Peripherals 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

Rashi Peripherals Limited Financial Information (Restated Consolidated)

Rashi Peripherals Limited's revenue increased by 1.58% and profit after tax (PAT) dropped by -32.42% 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	4,058.64	2,798.60	2,669.76	1,594.39
Revenue	5,473.27	9,468.95	9,321.92	5,930.24
Profit After Tax	72.02	123.34	182.51	136.35
Net Worth	772.74	700.12	575.07	394.19
Reserves and Surplus	686.24	760.36	557.84	395.99
Total Borrowing	1,395.20	1,065.76	881.74	488.99
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

25.20%

89.65%

Promoter Shareholding (Post-Issue)

63.41%

P/E Ratio

15.11

11.75

Market Cap

₹4330.04 Cr.

₹2049.48 Cr.

ROE

16.78%%

19.33%%

ROCE

14.21%%

Debt/Equity

3.49

1.53

EPS

₹27.40

₹26.46

RoNW

14.40%%

17.60%%

Shares Offered

In the Jana SFB IPO retail investors (RII) are offered 47,04,687 shares while in Rashi Peripherals IPO retail investors are offered 47,04,687 shares. Qualified institutional buyers (QIB) are offered 26,88,392 shares in Jana SFB IPO and 38,58,521 shares in Rashi Peripherals IPO.

	Jana SFB IPO	Rashi Peripherals IPO
Anchor Investor Reserveration	40,32,588 shares	57,87,780 shares
Market Maker Reserveration
QIB	26,88,392 shares	38,58,521 shares
NII	20,16,294 shares	28,93,891 shares
RII	47,04,687 shares	67,52,411 shares
Employee	0 shares	0 shares
Others
Total	94,09,373 shares	1,35,04,823 shares

Bids Received (Subscription)

Jana SFB IPO subscribed 19.89x in total, whereas Rashi Peripherals IPO subscribed 62.95x.

	Jana SFB IPO	Rashi Peripherals IPO
QIB (times)	39.81x	151.45x
NII (times)	26.13x	66.15x
Big NII (times)	28.73x	74.51x
Small NII (times)	20.94x	50.38x
RII (times)	5.70x	11.01x
Employee (times)
Other (times)
Total (times)	19.89x	62.95x

Compare with others

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

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