Jonjua Overseas IPO vs Ritco Logistics IPO

Comparision between Jonjua Overseas IPO and Ritco Logistics IPO.

IPO Details

Jonjua Overseas IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Book Built Issue proposed to list at BSE SME.

	Jonjua Overseas IPO	Ritco Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Satellite Corporate Services Private Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Jonjua Overseas IPO is up to ₹1.30 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹48.18 Cr. The final issue price of Jonjua Overseas IPO is ₹10.00 per share and of Ritco Logistics IPO is ₹73.00 per share.

	Jonjua Overseas IPO	Ritco Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹73.00 per share
Issue Price (Final)	₹10.00 per share	₹73.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	1600 shares
Fresh Issue Size		50,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size		16,00,000 shares
OFS Issue Size (Amount)
Issue Size Total	13,00,000 shares	66,00,000 shares
Issue Size Total (Amount)	up to ₹1.30 Cr	up to ₹48.18 Cr

IPO Timetable

Jonjua Overseas IPO opens on Feb 12, 2019, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Jonjua Overseas IPO and Ritco Logistics IPO is Feb 15, 2019, and Jan 30, 2019, respectively.

	Jonjua Overseas IPO	Ritco Logistics IPO
Anchor Bid Date
Issue Open	Feb 12, 2019	Jan 28, 2019
Issue Close	Feb 15, 2019	Jan 30, 2019
Basis Of Allotment (Tentative)		Feb 04, 2019
Initiation of Refunds (Tentative)		Feb 05, 2019
Credit of Share (Tentative)		Feb 06, 2019
Listing date (Tentative)		Feb 07, 2019
Anchor Lockin End date 1		Mar 06, 2019
Anchor Lockin End date 2		May 05, 2019

Financials

Jonjua Overseas IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .

Jonjua Overseas IPO

Ritco Logistics IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-May-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	559.91	472.94	381.25	331.57	9.15	4.68
Total Revenue	32.27	65.57	37.31	31.67	23.77	15.72
Profit After Tax	1.25	3.18	2.06	1.37	0.044	(0.011)

Ritco Logistics financial Information (Restated)

Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sept-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	17,894.47	15,403.43	9,707.73	8,989.98
Total Revenue	20,860.31	34,391.49	32,896.06	31,416.47
Profit After Tax	621.18	1,027.95	381.83	143.67

Promoter Shareholding (Pre-Issue)

75.31%

78.44%

Promoter Shareholding (Post-Issue)

63.57%

55.88%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Jonjua Overseas IPO retail investors (RII) are offered 6,20,000 shares while in Ritco Logistics IPO retail investors are offered 6,20,000 shares. Qualified institutional buyers (QIB) are offered in Jonjua Overseas IPO and in Ritco Logistics IPO.

	Jonjua Overseas IPO	Ritco Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration	70,000 shares	3,34,400 shares
QIB
NII	6,10,000 shares	31,32,800 shares
RII	6,20,000 shares	31,32,800 shares
Employee
Others
Total	12,30,000 shares	62,65,600 shares

Bids Received (Subscription)

Jonjua Overseas IPO subscribed 1.17x in total, whereas Ritco Logistics IPO subscribed 1.39x.

	Jonjua Overseas IPO	Ritco Logistics IPO
QIB (times)
NII (times)	1.02x	1.82x
Big NII (times)
Small NII (times)
RII (times)	1.32x	0.96x
Employee (times)
Other (times)
Total (times)	1.17x	1.39x

Compare with others

Jonjua Overseas IPO	Ritco Logistics IPO
Humming Bird Education ipo	Gleam Fabmat IPO
Ashapuri Gold IPO	Aartech Solonics IPO
Mahip Industries IPO	Jonjua Overseas IPO
Gleam Fabmat IPO	Anmol India IPO
Aartech Solonics IPO	Kranti Industries IPO
Anmol India IPO	Surani Steel IPO
Kranti Industries IPO	KPI Global IPO
Ritco Logistics IPO	Axita Cotton IPO
Surani Steel IPO	SR Dye-Chem IPO
KPI Global IPO	Diksha Greens IPO

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