JSW Infrastructure IPO vs Saraswati Saree Depot IPO

Comparision between JSW Infrastructure IPO and Saraswati Saree Depot IPO.

IPO Details

JSW Infrastructure IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	JSW Infrastructure IPO	Saraswati Saree Depot 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	Jm Financial Limited Axis Capital Limited Credit Suisse Securities (India) Private Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited	Unistone Capital Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
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 JSW Infrastructure IPO is up to ₹2,800.00 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of JSW Infrastructure IPO is ₹119.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.

	JSW Infrastructure IPO	Saraswati Saree Depot IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹113.00 per share	₹152.00 per share
Issue Price (Upper)	₹119.00 per share	₹160.00 per share
Issue Price (Final)	₹119.00 per share	₹160.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	126 shares	90 shares
Fresh Issue Size	23,52,94,118 shares	64,99,800 shares
Fresh Issue Size (Amount)	up to ₹2,800.00 Cr	up to ₹104.00 Cr
OFS Issue Size		35,01,000 shares
OFS Issue Size (Amount)		up to ₹56.02 Cr
Issue Size Total	23,52,94,118 shares	1,00,00,800 shares
Issue Size Total (Amount)	up to ₹2,800.00 Cr	up to ₹160.01 Cr

IPO Timetable

JSW Infrastructure IPO opens on Sep 25, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of JSW Infrastructure IPO and Saraswati Saree Depot IPO is Sep 27, 2023, and Aug 14, 2024, respectively.

	JSW Infrastructure IPO	Saraswati Saree Depot IPO
Anchor Bid Date	Sep 22, 2023	Aug 09, 2024
Issue Open	Sep 25, 2023	Aug 12, 2024
Issue Close	Sep 27, 2023	Aug 14, 2024
Basis Of Allotment (Tentative)	Sep 28, 2023	Aug 16, 2024
Initiation of Refunds (Tentative)	Sep 28, 2023	Aug 19, 2024
Credit of Share (Tentative)	Sep 29, 2023	Aug 19, 2024
Listing date (Tentative)	Oct 03, 2023	Aug 20, 2024
Anchor Lockin End date 1	Oct 28, 2023	Sep 15, 2024
Anchor Lockin End date 2	Dec 27, 2023	Nov 14, 2024

Financials

JSW Infrastructure IPO P/E ratio is 29.67, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.

JSW Infrastructure IPO

Saraswati Saree Depot IPO

Financial

JSW Infrastructure IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	7,191.85	8,254.55	9,429.46	9,450.66
Revenue	1,237.37	1,678.26	2,378.74	3,372.85
Profit After Tax	196.53	284.62	330.44	749.51
Net Worth	2,488.23	2,831.18	3,212.13	3,934.64
Reserves and Surplus	2,486.53	2,829.84	3,208.98	3,645.75
Total Borrowing	3,102.57	3,945.82	4,408.69	4,243.70

Amount in ₹ Crore

Saraswati Saree Depot Limited Financial Information (Restated Consolidated)

Saraswati Saree Depot Limited's revenue increased by 2% and profit after tax (PAT) rose by 29% 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	205.94	188.85	169.93
Revenue	612.58	603.52	550.31
Profit After Tax	29.53	22.97	12.31
Net Worth	64.91	35.38	12.41
Total Borrowing	43.49	41.43	66.62
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

96.42%

100%

Promoter Shareholding (Post-Issue)

85.61%

74.75%

P/E Ratio

29.67

17.94

Market Cap

₹24990.00 Cr.

₹633.60 Cr.

ROE

18.33%%

58.88%

ROCE

19.49%%

64.46%

Debt/Equity

0.67

EPS

₹4.12

₹8.92

RoNW

18.80%%

45.49%

Shares Offered

In the JSW Infrastructure IPO retail investors (RII) are offered 2,35,29,411 shares while in Saraswati Saree Depot IPO retail investors are offered 2,35,29,411 shares. Qualified institutional buyers (QIB) are offered 7,05,88,236 shares in JSW Infrastructure IPO and 50,00,400 shares in Saraswati Saree Depot IPO.

	JSW Infrastructure IPO	Saraswati Saree Depot IPO
Anchor Investor Reserveration	10,58,82,352 shares
Market Maker Reserveration
QIB	7,05,88,236 shares	50,00,400 shares
NII	3,52,94,118 shares	15,00,120 shares
RII	2,35,29,411 shares	35,00,280 shares
Employee	0 shares	0 shares
Others
Total	12,94,11,765 shares	1,00,00,800 shares

Bids Received (Subscription)

JSW Infrastructure IPO subscribed 39.36x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.

	JSW Infrastructure IPO	Saraswati Saree Depot IPO
QIB (times)	60.12x	64.12x
NII (times)	16.83x	358.47x
Big NII (times)	17.94x	389.28x
Small NII (times)	14.62x	296.85x
RII (times)	10.87x	61.59x
Employee (times)
Other (times)
Total (times)	39.36x	107.39x

Compare with others

JSW Infrastructure IPO	Saraswati Saree Depot IPO
Saraswati Saree Depot IPO	Cello World Limited IPO
Plaza Wires IPO	Mamaearth IPO
Updater Services IPO	Blue Jet Healthcare IPO
Valiant Laboratories IPO	Protean eGov Technologies IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	IRM Energy IPO
Sai Silks (Kalamandir) IPO	Plaza Wires IPO
Yatra Online IPO	Updater Services IPO
Zaggle Prepaid Ocean Services IPO	Valiant Laboratories IPO
R R Kabel IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
SAMHI Hotels IPO	JSW Infrastructure IPO

Comments

Add a public comment...