Bharti Hexacom IPO vs JG Chemicals IPO

Comparision between Bharti Hexacom IPO and JG Chemicals IPO.

IPO Details

Bharti Hexacom IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while JG Chemicals IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bharti Hexacom IPO	JG Chemicals IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	SBI Capital Markets Limited Axis Capital Limited Bob Capital Markets Limited ICICI Securities Limited Iifl Securities Ltd	Centrum Capital Limited Emkay Global Financial Services Ltd Keynote Financial Services Ltd
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
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 Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the JG Chemicals IPO is up to ₹251.19 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of JG Chemicals IPO is ₹221.00 per share.

	Bharti Hexacom IPO	JG Chemicals IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹542.00 per share	₹210.00 per share
Issue Price (Upper)	₹570.00 per share	₹221.00 per share
Issue Price (Final)	₹570.00 per share	₹221.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	26 shares	67 shares
Fresh Issue Size		74,66,063 shares
Fresh Issue Size (Amount)		up to ₹165.00 Cr
OFS Issue Size	7,50,00,000 shares	39,00,000 shares
OFS Issue Size (Amount)	up to ₹4,275.00 Cr	up to ₹86.19 Cr
Issue Size Total	7,50,00,000 shares	1,13,66,063 shares
Issue Size Total (Amount)	up to ₹4,275.00 Cr	up to ₹251.19 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while JG Chemicals IPO opens on Mar 05, 2024. The closing date of Bharti Hexacom IPO and JG Chemicals IPO is Apr 05, 2024, and Mar 07, 2024, respectively.

	Bharti Hexacom IPO	JG Chemicals IPO
Anchor Bid Date	Apr 02, 2024	Mar 04, 2024
Issue Open	Apr 03, 2024	Mar 05, 2024
Issue Close	Apr 05, 2024	Mar 07, 2024
Basis Of Allotment (Tentative)	Apr 08, 2024	Mar 11, 2024
Initiation of Refunds (Tentative)	Apr 10, 2024	Mar 12, 2024
Credit of Share (Tentative)	Apr 10, 2024	Mar 12, 2024
Listing date (Tentative)	Apr 12, 2024	Mar 13, 2024
Anchor Lockin End date 1	May 08, 2024	Apr 10, 2024
Anchor Lockin End date 2	Jul 07, 2024	Jun 09, 2024

Financials

Bharti Hexacom IPO P/E ratio is 51.89, as compared to JG Chemicals IPO P/E ratio of 16.25.

Bharti Hexacom IPO

JG Chemicals IPO

Financial

Bharti Hexacom Limited Financial Information (Restated Standalone)

Bharti Hexacom Limited's revenue increased by 22.3% and profit after tax (PAT) dropped by -67.2% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	19,603.00	18,252.90	16,674.30	15,003.50
Revenue	5,420.80	6,719.20	5,494.00	4,704.30
Profit After Tax	281.80	549.20	1,674.60	1,033.90
Net Worth	3,978.80	3,972.20	3,573.20	1,898.70
Reserves and Surplus	4,166.10	3,959.50	3,410.50	1,736.00
Total Borrowing	6,253.00	6,269.30	7,198.30	5,975.20
Amount in ₹ Crore

JG Chemicals Limited Financial Information (Restated Consolidated)

JG Chemicals Limited's revenue increased by 27.47% and profit after tax (PAT) rose by 31.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	271.26	297.79	264.14	209.94
Revenue	491.10	794.19	623.05	440.41
Profit After Tax	18.51	56.79	43.13	28.80
Net Worth	217.86	199.89	147.66	108.48
Reserves and Surplus	193.22	175.67	151.23	107.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

70.00%

100.00%

Promoter Shareholding (Post-Issue)

70.00%

P/E Ratio

51.89

16.25

Market Cap

₹28500.00 Cr.

₹866.01 Cr.

ROE

8.20%%

ROCE

11.86 %%

Debt/Equity

1.41

0.11

EPS

₹10.98

₹13.60

RoNW

7.08%%

8.16%%

Shares Offered

In the Bharti Hexacom IPO retail investors (RII) are offered 75,00,000 shares while in JG Chemicals IPO retail investors are offered 75,00,000 shares. Qualified institutional buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 22,73,214 shares in JG Chemicals IPO.

	Bharti Hexacom IPO	JG Chemicals IPO
Anchor Investor Reserveration	3,37,50,000 shares	34,09,818 shares
Market Maker Reserveration
QIB	2,25,00,000 shares	22,73,214 shares
NII	1,12,50,000 shares	17,04,910 shares
RII	75,00,000 shares	39,78,122 shares
Employee	0 shares	0 shares
Others
Total	4,12,50,000 shares	79,56,246 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas JG Chemicals IPO subscribed 28.52x.

	Bharti Hexacom IPO	JG Chemicals IPO
QIB (times)	48.57x	32.33x
NII (times)	10.52x	47.92x
Big NII (times)	12.27x	50.26x
Small NII (times)	7.00x	43.24x
RII (times)	2.83x	18.03x
Employee (times)
Other (times)
Total (times)	29.88x	28.52x

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