Indian Phosphate IPO vs Jay Bee Laminations IPO

Comparision between Indian Phosphate IPO and Jay Bee Laminations IPO.

IPO Details

Indian Phosphate 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.

	Indian Phosphate 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	Beeline Capital Advisors Pvt Ltd	Swaraj shares and securities private limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities 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 Indian Phosphate IPO is up to ₹67.36 Cr whereas the issue size of the Jay Bee Laminations IPO is up to ₹88.96 Cr. The final issue price of Indian Phosphate IPO is ₹99.00 per share and of Jay Bee Laminations IPO is ₹146.00 per share.

	Indian Phosphate IPO	Jay Bee Laminations IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹94.00 per share	₹138.00 per share
Issue Price (Upper)	₹99.00 per share	₹146.00 per share
Issue Price (Final)	₹99.00 per share	₹146.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	68,04,000 shares	45,70,000 shares
Fresh Issue Size (Amount)	up to ₹67.36 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	68,04,000 shares	60,93,000 shares
Issue Size Total (Amount)	up to ₹67.36 Cr	up to ₹88.96 Cr

IPO Timetable

Indian Phosphate IPO opens on Aug 26, 2024, while Jay Bee Laminations IPO opens on Aug 27, 2024. The closing date of Indian Phosphate IPO and Jay Bee Laminations IPO is Aug 29, 2024, and Aug 29, 2024, respectively.

	Indian Phosphate IPO	Jay Bee Laminations IPO
Anchor Bid Date	Aug 23, 2024	Aug 26, 2024
Issue Open	Aug 26, 2024	Aug 27, 2024
Issue Close	Aug 29, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Aug 30, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 02, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 02, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 03, 2024	Sep 03, 2024
Anchor Lockin End date 1	Sep 29, 2024	Sep 29, 2024
Anchor Lockin End date 2	Nov 28, 2024	Nov 28, 2024

Financials

Indian Phosphate IPO P/E ratio is 14.88, as compared to Jay Bee Laminations IPO P/E ratio of 13.58.

Indian Phosphate IPO

Jay Bee Laminations IPO

Financial

Indian Phosphate Limited Financial Information (Restated Consolidated)

Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	25,518.6	17,407.45	10,789.93	6,313.71
Revenue	71,757.81	77,093.2	55,838.56	41,501.81
Profit After Tax	1,210.21	1,659.53	1,616.61	509.44
Net Worth	8,099.06	6,751.8	5,092.27	3,475.66
Reserves and Surplus	6,280.56	6,480.37	4,820.84	3,204.23
Total Borrowing	4,023.17	1,535.48	1,830.58	434.04
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)

72.77%

70.61%

P/E Ratio

14.88

13.58

Market Cap

₹247.40 Cr.

₹329.49 Cr.

ROE

18.14%%

36.42%%

ROCE

20.93%%

39.23%%

Debt/Equity

0.5

0.38

EPS

₹6.65

₹10.75

RoNW

16.63%%

30.81%%

Shares Offered

In the Indian Phosphate IPO retail investors (RII) are offered 22,51,200 shares while in Jay Bee Laminations IPO retail investors are offered 22,51,200 shares. Qualified institutional buyers (QIB) are offered 12,86,400 shares in Indian Phosphate IPO and 11,40,000 shares in Jay Bee Laminations IPO.

	Indian Phosphate IPO	Jay Bee Laminations IPO
Anchor Investor Reserveration	19,28,400 shares	17,10,000 shares
Market Maker Reserveration	3,73,200 shares	3,05,000 shares
QIB	12,86,400 shares	11,40,000 shares
NII	9,64,800 shares	8,72,000 shares
RII	22,51,200 shares	20,66,000 shares
Employee	0 shares	0 shares
Others
Total	45,02,400 shares	40,78,000 shares

Bids Received (Subscription)

Indian Phosphate IPO subscribed 267.89x in total, whereas Jay Bee Laminations IPO subscribed 113.95x.

	Indian Phosphate IPO	Jay Bee Laminations IPO
QIB (times)	181.58x	72.35x
NII (times)	441.01x	230.10x
Big NII (times)
Small NII (times)
RII (times)	243.02x	87.88x
Employee (times)
Other (times)
Total (times)	267.89x	113.95x

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