Aeron Composite IPO vs Jeyyam Global Foods IPO

Comparision between Aeron Composite IPO and Jeyyam Global Foods IPO.

IPO Details

Aeron Composite IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Jeyyam Global Foods IPO is a SME Book Built Issue proposed to list at NSE SME.

	Aeron Composite IPO	Jeyyam Global Foods 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	Corpwis Advisors Private Limited
Registrar	Maashitla Securities Private Limited	Kfin Technologies Limited
Market Maker	Hem Finlease Private Limited	Nnm Securities Private 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 Jeyyam Global Foods IPO is up to ₹81.94 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Jeyyam Global Foods IPO is ₹61.00 per share.

	Aeron Composite IPO	Jeyyam Global Foods IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹121.00 per share	₹59.00 per share
Issue Price (Upper)	₹125.00 per share	₹61.00 per share
Issue Price (Final)	₹125.00 per share	₹61.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	44,88,000 shares	1,20,88,800 shares
Fresh Issue Size (Amount)	up to ₹56.10 Cr	up to ₹73.74 Cr
OFS Issue Size		13,43,200 shares
OFS Issue Size (Amount)		up to ₹8.19 Cr
Issue Size Total	44,88,000 shares	1,34,32,000 shares
Issue Size Total (Amount)	up to ₹56.10 Cr	up to ₹81.94 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Jeyyam Global Foods IPO opens on Sep 02, 2024. The closing date of Aeron Composite IPO and Jeyyam Global Foods IPO is Aug 30, 2024, and Sep 04, 2024, respectively.

	Aeron Composite IPO	Jeyyam Global Foods IPO
Anchor Bid Date	Aug 27, 2024	Aug 30, 2024
Issue Open	Aug 28, 2024	Sep 02, 2024
Issue Close	Aug 30, 2024	Sep 04, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Sep 05, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 06, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 06, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 09, 2024
Anchor Lockin End date 1	Oct 02, 2024	Oct 05, 2024
Anchor Lockin End date 2	Dec 01, 2024	Dec 04, 2024

Financials

Aeron Composite IPO P/E ratio is 23.69, as compared to Jeyyam Global Foods IPO P/E ratio of 14.31.

Aeron Composite IPO

Jeyyam Global Foods 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

Jeyyam Global Foods Limited Financial Information (Restated)

Jeyyam Global Foods Limited's revenue increased by 65% and profit after tax (PAT) rose by 92% 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	19,226.39	16,835.02	9,941.17
Revenue	62,983.42	38,220.62	25,388.3
Profit After Tax	1,509.11	786.8	436.8
Net Worth	8,022.42	6,513.6	5,726.51
Reserves and Surplus	6,252.02	6,452.26	5,665.46
Total Borrowing	9,620.5	9,226.05	3,319.3
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

92.00%

Promoter Shareholding (Post-Issue)

73.63%

65.76

P/E Ratio

23.69

14.31

Market Cap

₹212.75 Cr.

₹289.73 Cr.

ROE

31.33%

18.81%%

ROCE

29.67%

26.27%%

Debt/Equity

0.35

1.2

EPS

₹5.28

₹4.26

RoNW

27.09%

18.81%%

Shares Offered

In the Aeron Composite IPO retail investors (RII) are offered 14,18,000 shares while in Jeyyam Global Foods IPO retail investors are offered 14,18,000 shares. Qualified institutional buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and 26,04,000 shares in Jeyyam Global Foods IPO.

	Aeron Composite IPO	Jeyyam Global Foods IPO
Anchor Investor Reserveration	12,14,000 shares	37,76,000 shares
Market Maker Reserveration	2,28,000 shares	6,72,000 shares
QIB	8,10,000 shares	26,04,000 shares
NII	6,08,000 shares	19,14,000 shares
RII	14,18,000 shares	44,66,000 shares
Employee	0 shares	0 shares
Others
Total	28,36,000 shares	89,84,000 shares

Bids Received (Subscription)

Aeron Composite IPO subscribed 41.07x in total, whereas Jeyyam Global Foods IPO subscribed 119.41x.

	Aeron Composite IPO	Jeyyam Global Foods IPO
QIB (times)	27.82x	54.62x
NII (times)	75.53x	321.82x
Big NII (times)
Small NII (times)
RII (times)	33.77x	70.43x
Employee (times)
Other (times)
Total (times)	41.07x	119.41x

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