Aspire & Innovative IPO vs Jay Kailash Namkeen IPO

Comparision between Aspire & Innovative IPO and Jay Kailash Namkeen IPO.

IPO Details

Aspire & Innovative IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Jay Kailash Namkeen IPO is a SME Book Built Issue proposed to list at BSE SME.

	Aspire & Innovative IPO	Jay Kailash Namkeen IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Expert Global Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Hem Finlease Private Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aspire & Innovative IPO is up to ₹21.97 Cr whereas the issue size of the Jay Kailash Namkeen IPO is up to ₹11.93 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Jay Kailash Namkeen IPO is ₹73.00 per share.

	Aspire & Innovative IPO	Jay Kailash Namkeen IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹70.00 per share
Issue Price (Upper)	₹54.00 per share	₹73.00 per share
Issue Price (Final)	₹54.00 per share	₹73.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	40,68,000 shares	16,33,600 shares
Fresh Issue Size (Amount)	up to ₹21.97 Cr	up to ₹11.93 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	40,68,000 shares	16,33,600 shares
Issue Size Total (Amount)	up to ₹21.97 Cr	up to ₹11.93 Cr

IPO Timetable

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

	Aspire & Innovative IPO	Jay Kailash Namkeen IPO
Anchor Bid Date	Mar 22, 2024
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	May 01, 2024
Anchor Lockin End date 2	Jun 30, 2024

Financials

Aspire & Innovative IPO P/E ratio is 11.3, as compared to Jay Kailash Namkeen IPO P/E ratio of 27.65.

Aspire & Innovative IPO

Jay Kailash Namkeen IPO

Financial

Aspire & Innovative Advertising Limited Financial Information (Restated Standalone)

Aspire & Innovative Advertising Limited's revenue increased by 35.46% and profit after tax (PAT) rose by 21.38% 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	8,135.72	6,256.99	5,328.01	3,492.07
Revenue	17,710.29	34,620.10	25,558.30	10,833.44
Profit After Tax	393.28	530.85	437.36	227.75
Net Worth	1,944.53	1,551.25	1,020.39	520.98
Reserves and Surplus	833.53	1,440.15	909.29	519.98
Total Borrowing	1,160.89	881.53	111.02	55.91
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)

98.84%

71.82%

Promoter Shareholding (Post-Issue)

72.35%

48.33%

P/E Ratio

11.3

27.65

Market Cap

₹81.96 Cr.

₹36.48 Cr.

ROE

22.50%%

24.72%%

ROCE

18.59%%

31.91%%

Debt/Equity

0.6

0.61

EPS

₹4.78

₹2.64

RoNW

20.22%%

24.72%%

Shares Offered

In the Aspire & Innovative IPO retail investors (RII) are offered 13,54,000 shares while in Jay Kailash Namkeen IPO retail investors are offered 13,54,000 shares. Qualified institutional buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 4,64,000 shares in Jay Kailash Namkeen IPO.

	Aspire & Innovative IPO	Jay Kailash Namkeen IPO
Anchor Investor Reserveration	11,56,000 shares
Market Maker Reserveration	2,04,000 shares	83,200 shares
QIB	7,74,000 shares	4,64,000 shares
NII	5,80,000 shares	3,10,400 shares
RII	13,54,000 shares	7,76,000 shares
Employee	0 shares	0 shares
Others
Total	27,08,000 shares	15,50,400 shares

Bids Received (Subscription)

Aspire & Innovative IPO subscribed 15.17x in total, whereas Jay Kailash Namkeen IPO subscribed 40.02x.

	Aspire & Innovative IPO	Jay Kailash Namkeen IPO
QIB (times)	5.21x	2.32x
NII (times)	25.60x	68.93x
Big NII (times)
Small NII (times)
RII (times)	16.39x	50.99x
Employee (times)
Other (times)
Total (times)	15.17x	40.02x

Compare with others

Aspire & Innovative IPO	Jay Kailash Namkeen IPO
Jay Kailash Namkeen IPO	Teerth Gopicon IPO
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GConnect Logitech IPO	Creative Graphics Solutions India IPO
TAC Infosec IPO	K2 Infragen IPO
Radiowalla IPO	Aluwind Architectural IPO
Blue Pebble IPO	Yash Optics & Lens IPO
Vruddhi Engineering Works IPO	GConnect Logitech IPO
Naman In-Store (India) IPO	TAC Infosec IPO
Omfurn India FPO	Radiowalla IPO
Vishwas Agri Seeds IPO	Aspire & Innovative IPO

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