Jay Kailash Namkeen IPO vs K2 Infragen IPO

Comparision between Jay Kailash Namkeen IPO and K2 Infragen IPO.

IPO Details

Jay Kailash Namkeen IPO is a SME Book Built Issue IPO proposed to list at BSE SME while K2 Infragen IPO is a SME Book Built Issue proposed to list at NSE SME.

	Jay Kailash Namkeen IPO	K2 Infragen IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Expert Global Consultants Private Limited	Expert Global Consultants Private Limited
Registrar	Skyline Financial Services Private Ltd	Kfin Technologies Limited
Market Maker	Rikhav Securities 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 Jay Kailash Namkeen IPO is up to ₹11.93 Cr whereas the issue size of the K2 Infragen IPO is up to ₹40.54 Cr. The final issue price of Jay Kailash Namkeen IPO is ₹73.00 per share and of K2 Infragen IPO is ₹119.00 per share.

	Jay Kailash Namkeen IPO	K2 Infragen IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹70.00 per share	₹111.00 per share
Issue Price (Upper)	₹73.00 per share	₹119.00 per share
Issue Price (Final)	₹73.00 per share	₹119.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	16,33,600 shares	34,06,800 shares
Fresh Issue Size (Amount)	up to ₹11.93 Cr	up to ₹40.54 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	16,33,600 shares	34,06,800 shares
Issue Size Total (Amount)	up to ₹11.93 Cr	up to ₹40.54 Cr

IPO Timetable

Jay Kailash Namkeen IPO opens on Mar 28, 2024, while K2 Infragen IPO opens on Mar 28, 2024. The closing date of Jay Kailash Namkeen IPO and K2 Infragen IPO is Apr 03, 2024, and Apr 03, 2024, respectively.

	Jay Kailash Namkeen IPO	K2 Infragen IPO
Anchor Bid Date		Mar 27, 2024
Issue Open	Mar 28, 2024	Mar 28, 2024
Issue Close	Apr 03, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 04, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 05, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 05, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 08, 2024	Apr 08, 2024
Anchor Lockin End date 1		May 04, 2024
Anchor Lockin End date 2		Jul 03, 2024

Financials

Jay Kailash Namkeen IPO P/E ratio is 27.65, as compared to K2 Infragen IPO P/E ratio of 9.68.

Jay Kailash Namkeen IPO

K2 Infragen IPO

Financial

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

K2 Infragen Limited Financial Information (Restated Consolidated)

K2 Infragen Limited's revenue increased by 103.25% and profit after tax (PAT) rose by 463.79% 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	6,378.79	5,690.40	2,591.14	2,220.52
Revenue	5,967.98	7,490.08	3,685.20	3,568.05
Profit After Tax	607.45	1,132.32	-311.26	22.49
Net Worth	2,535.32	1,392.45	133.84	115.49
Reserves and Surplus	1,611.24	1,165.10	-96.26	-46.56
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

71.82%

55.29%

Promoter Shareholding (Post-Issue)

48.33%

40.36%

P/E Ratio

27.65

9.68

Market Cap

₹36.48 Cr.

₹150.16 Cr.

ROE

24.72%%

23.96%%

ROCE

31.91%%

19.91%%

Debt/Equity

0.61

0.87

EPS

₹2.64

₹12.29

RoNW

24.72%%

23.9%%

Shares Offered

In the Jay Kailash Namkeen IPO retail investors (RII) are offered 7,76,000 shares while in K2 Infragen IPO retail investors are offered 7,76,000 shares. Qualified institutional buyers (QIB) are offered 4,64,000 shares in Jay Kailash Namkeen IPO and 6,31,200 shares in K2 Infragen IPO.

	Jay Kailash Namkeen IPO	K2 Infragen IPO
Anchor Investor Reserveration		9,46,800 shares
Market Maker Reserveration	83,200 shares	2,49,600 shares
QIB	4,64,000 shares	6,31,200 shares
NII	3,10,400 shares	4,74,000 shares
RII	7,76,000 shares	11,05,200 shares
Employee	0 shares	0 shares
Others
Total	15,50,400 shares	22,10,400 shares

Bids Received (Subscription)

Jay Kailash Namkeen IPO subscribed 40.02x in total, whereas K2 Infragen IPO subscribed 51.47x.

	Jay Kailash Namkeen IPO	K2 Infragen IPO
QIB (times)	2.32x	23.37x
NII (times)	68.93x	113.98x
Big NII (times)
Small NII (times)
RII (times)	50.99x	40.70x
Employee (times)
Other (times)
Total (times)	40.02x	51.47x

Compare with others

Jay Kailash Namkeen IPO	K2 Infragen IPO
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K2 Infragen IPO	DCG Cables & Wires IPO
Aluwind Architectural IPO	Creative Graphics Solutions India IPO
Yash Optics & Lens IPO	Aluwind Architectural IPO
GConnect Logitech IPO	Jay Kailash Namkeen IPO
TAC Infosec IPO	Yash Optics & Lens IPO
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Aspire & Innovative IPO	TAC Infosec IPO

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