Aeron Composite IPO vs Jay Bee Laminations IPO

Comparision between Aeron Composite IPO and Jay Bee Laminations IPO.

IPO Details

Aeron Composite IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Jay Bee Laminations IPO is a SME Book Built Issue proposed to list at NSE SME.

	Aeron Composite IPO	Jay Bee Laminations IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Swaraj shares and securities private limited
Registrar	Maashitla Securities Private Limited	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Shreni Shares Limited
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 Aeron Composite IPO is up to ₹56.10 Cr whereas the issue size of the Jay Bee Laminations IPO is up to ₹88.96 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Jay Bee Laminations IPO is ₹146.00 per share.

	Aeron Composite IPO	Jay Bee Laminations IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share	₹138.00 per share
Issue Price (Upper)	₹125.00 per share	₹146.00 per share
Issue Price (Final)	₹125.00 per share	₹146.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1000 shares
Fresh Issue Size	44,88,000 shares	45,70,000 shares
Fresh Issue Size (Amount)	up to ₹56.10 Cr	up to ₹66.72 Cr
OFS Issue Size		15,23,000 shares
OFS Issue Size (Amount)		up to ₹22.24 Cr
Issue Size Total	44,88,000 shares	60,93,000 shares
Issue Size Total (Amount)	up to ₹56.10 Cr	up to ₹88.96 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Jay Bee Laminations IPO opens on Aug 27, 2024. The closing date of Aeron Composite IPO and Jay Bee Laminations IPO is Aug 30, 2024, and Aug 29, 2024, respectively.

	Aeron Composite IPO	Jay Bee Laminations IPO
Anchor Bid Date	Aug 27, 2024	Aug 26, 2024
Issue Open	Aug 28, 2024	Aug 27, 2024
Issue Close	Aug 30, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 03, 2024
Anchor Lockin End date 1	Oct 02, 2024	Sep 29, 2024
Anchor Lockin End date 2	Dec 01, 2024	Nov 28, 2024

Financials

Aeron Composite IPO P/E ratio is 23.69, as compared to Jay Bee Laminations IPO P/E ratio of 13.58.

Aeron Composite IPO

Jay Bee Laminations IPO

Financial

Aeron Composite Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,979.42	6,910.21	6,063.23	4,360.19
Revenue	18,080.35	18,199.26	10,992.5	7,906.12
Profit After Tax	942.23	661.15	362.12	255.3
Net Worth	3,478.19	2,535.96	1,557.35	1,208.23
Reserves and Surplus	3,321.54	2,379.31	1,427.35	1,078.23
Total Borrowing	1,208.23	1,399.62	1,255.54	1,042.7
Amount in ₹ Lakhs

Jay Bee Laminations Limited Financial Information (Restated)

Jay Bee Laminations Limited's revenue increased by 23% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	13,091.32	10,897.58	9,514.73
Revenue	30,349.56	24,748.86	14,167.39
Profit After Tax	1,935.27	1,360	571.63
Net Worth	6,281.44	4,346.17	2,986.17
Reserves and Surplus	4,481.68	4,046.21	2,686.21
Total Borrowing	2,416.15	3,143.25	2,693.08
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

97.00%

Promoter Shareholding (Post-Issue)

73.63%

70.61%

P/E Ratio

23.69

13.58

Market Cap

₹212.75 Cr.

₹329.49 Cr.

ROE

31.33%

36.42%%

ROCE

29.67%

39.23%%

Debt/Equity

0.35

0.38

EPS

₹5.28

₹10.75

RoNW

27.09%

30.81%%

Shares Offered

In the Aeron Composite IPO retail investors (RII) are offered 14,18,000 shares while in Jay Bee Laminations IPO retail investors are offered 14,18,000 shares. Qualified institutional buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and 11,40,000 shares in Jay Bee Laminations IPO.

	Aeron Composite IPO	Jay Bee Laminations IPO
Anchor Investor Reserveration	12,14,000 shares	17,10,000 shares
Market Maker Reserveration	2,28,000 shares	3,05,000 shares
QIB	8,10,000 shares	11,40,000 shares
NII	6,08,000 shares	8,72,000 shares
RII	14,18,000 shares	20,66,000 shares
Employee	0 shares	0 shares
Others
Total	28,36,000 shares	40,78,000 shares

Bids Received (Subscription)

Aeron Composite IPO subscribed 41.07x in total, whereas Jay Bee Laminations IPO subscribed 113.95x.

	Aeron Composite IPO	Jay Bee Laminations IPO
QIB (times)	27.82x	72.35x
NII (times)	75.53x	230.10x
Big NII (times)
Small NII (times)
RII (times)	33.77x	87.88x
Employee (times)
Other (times)
Total (times)	41.07x	113.95x

Compare with others

Aeron Composite IPO	Jay Bee Laminations IPO
Excellent Wires and Packaging IPO	Jeyyam Global Foods IPO
Travels & Rentals IPO	Boss Packaging Solutions IPO
Jeyyam Global Foods IPO	Vdeal System IPO
Boss Packaging Solutions IPO	Aeron Composite IPO
Vdeal System IPO	Paramatrix Technologies IPO
Paramatrix Technologies IPO	Rapid Multimodal Logistics IPO
Jay Bee Laminations IPO	Indian Phosphate IPO
Rapid Multimodal Logistics IPO	Resourceful Automobile IPO
Indian Phosphate IPO	Ideal Technoplast Industries IPO
Resourceful Automobile IPO	QVC Exports IPO

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