Jetmall spices and masala ipo vs Navoday Enterprises IPO

Comparision between Jetmall spices and masala ipo and Navoday Enterprises IPO.

IPO Details

Jetmall spices and masala ipo is a SME Fixed Price Issue IPO proposed to list at BSE SME while Navoday Enterprises IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Jetmall spices and masala ipo	Navoday Enterprises IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Mark Corporate Advisors Private Limited	Inventure Merchant Banker Services Pvt Ltd
Registrar	Cameo Corporate Services Limited	Satellite Corporate Services Private Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Jetmall spices and masala ipo is up to ₹4.98 Cr whereas the issue size of the Navoday Enterprises IPO is up to ₹4.61 Cr. The final issue price of Jetmall spices and masala ipo is ₹20.00 per share and of Navoday Enterprises IPO is ₹20.00 per share.

	Jetmall spices and masala ipo	Navoday Enterprises IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹20.00 per share	₹20.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,90,000 shares	23,04,000 shares
Issue Size Total (Amount)	up to ₹4.98 Cr	up to ₹4.61 Cr

IPO Timetable

Jetmall spices and masala ipo opens on Mar 31, 2021, while Navoday Enterprises IPO opens on Jun 14, 2021. The closing date of Jetmall spices and masala ipo and Navoday Enterprises IPO is Apr 07, 2021, and Jun 17, 2021, respectively.

	Jetmall spices and masala ipo	Navoday Enterprises IPO
Anchor Bid Date
Issue Open	Mar 31, 2021	Jun 14, 2021
Issue Close	Apr 07, 2021	Jun 17, 2021
Basis Of Allotment (Tentative)	Apr 12, 2021	Jun 21, 2021
Initiation of Refunds (Tentative)	Apr 12, 2021	Jun 22, 2021
Credit of Share (Tentative)	Apr 15, 2021	Jun 23, 2021
Listing date (Tentative)	Apr 19, 2021	Jun 25, 2021
Anchor Lockin End date 1	May 12, 2021	Jul 21, 2021
Anchor Lockin End date 2	Jul 11, 2021	Sep 19, 2021

Financials

Jetmall spices and masala ipo P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .

Jetmall spices and masala ipo

Navoday Enterprises IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	602.24	885.35	1,988.59	1,738.16
Total Revenue	925.90	3,915.62	4,344.54	5,032.61
Profit After Tax	64.92	14.77	17.61	25.62

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	1,378.57	513.12	531.14
Total Revenue	4,827.24	1,651.70	2,311.96
Profit After Tax	112.77	35.07	55.67

Promoter Shareholding (Pre-Issue)

100%

99.98%

Promoter Shareholding (Post-Issue)

58.44%

40.21%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Jetmall spices and masala ipo retail investors (RII) are offered 11,82,000 shares while in Navoday Enterprises IPO retail investors are offered 11,82,000 shares. Qualified institutional buyers (QIB) are offered in Jetmall spices and masala ipo and in Navoday Enterprises IPO.

	Jetmall spices and masala ipo	Navoday Enterprises IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,26,000 shares	1,20,000 shares
QIB
NII	11,82,000 shares	10,92,000 shares
RII	11,82,000 shares	10,92,000 shares
Employee
Others
Total	23,64,000 shares	21,84,000 shares

Bids Received (Subscription)

Jetmall spices and masala ipo subscribed 1.36x in total, whereas Navoday Enterprises IPO subscribed 2.36x.

	Jetmall spices and masala ipo	Navoday Enterprises IPO
QIB (times)
NII (times)	1.90x	0.29x
Big NII (times)
Small NII (times)
RII (times)	0.82x	4.44x
Employee (times)
Other (times)
Total (times)	1.36x	2.36x

Compare with others

Jetmall spices and masala ipo	Navoday Enterprises IPO
Times Green Energy IPO	AA Plus Tradelink IPO
Adeshwar Meditex IPO	Walpar Nutritions IPO
Navoday Enterprises IPO	Focus Business Solution IPO
Abhishek Integrations IPO	Times Green Energy IPO
Kuberan Global Edu Solutions IPO	Adeshwar Meditex IPO
V-Marc India IPO	Abhishek Integrations IPO
Rajeshwari Cans IPO	Kuberan Global Edu Solutions IPO
Siddhika Coatings IPO	Jetmall spices and masala ipo
EKI Energy Services IPO	V-Marc India IPO
NIKS Technology IPO	Rajeshwari Cans IPO

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