BLS E-Services IPO vs Jyoti CNC Automation IPO

Comparision between BLS E-Services IPO and Jyoti CNC Automation IPO.

IPO Details

BLS E-Services IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Jyoti CNC Automation IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	BLS E-Services IPO	Jyoti CNC Automation 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	Unistone Capital Pvt Ltd	Equirus Capital Private Limited ICICI Securities Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 BLS E-Services IPO is up to ₹310.91 Cr whereas the issue size of the Jyoti CNC Automation IPO is up to ₹1,000.00 Cr. The final issue price of BLS E-Services IPO is ₹135.00 per share and of Jyoti CNC Automation IPO is ₹331.00 per share.

	BLS E-Services IPO	Jyoti CNC Automation IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹129.00 per share	₹315.00 per share
Issue Price (Upper)	₹135.00 per share	₹331.00 per share
Issue Price (Final)	₹135.00 per share	₹331.00 per share
Discount (Retail)
Discount (Employee)		₹15.00 per share
Market Lot Size	108 shares	45 shares
Fresh Issue Size	2,30,30,000 shares	3,02,11,480 shares
Fresh Issue Size (Amount)	up to ₹310.91 Cr	up to ₹1,000.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	2,30,30,000 shares	3,02,11,480 shares
Issue Size Total (Amount)	up to ₹310.91 Cr	up to ₹1,000.00 Cr

IPO Timetable

BLS E-Services IPO opens on Jan 30, 2024, while Jyoti CNC Automation IPO opens on Jan 09, 2024. The closing date of BLS E-Services IPO and Jyoti CNC Automation IPO is Feb 01, 2024, and Jan 11, 2024, respectively.

	BLS E-Services IPO	Jyoti CNC Automation IPO
Anchor Bid Date	Jan 29, 2024	Jan 08, 2024
Issue Open	Jan 30, 2024	Jan 09, 2024
Issue Close	Feb 01, 2024	Jan 11, 2024
Basis Of Allotment (Tentative)	Feb 02, 2024	Jan 12, 2024
Initiation of Refunds (Tentative)	Feb 05, 2024	Jan 15, 2024
Credit of Share (Tentative)	Feb 05, 2024	Jan 15, 2024
Listing date (Tentative)	Feb 06, 2024	Jan 16, 2024
Anchor Lockin End date 1	Mar 03, 2024	Feb 11, 2024
Anchor Lockin End date 2	May 02, 2024	Apr 11, 2024

Financials

BLS E-Services IPO P/E ratio is 44.31, as compared to Jyoti CNC Automation IPO P/E ratio of 433.43.

BLS E-Services IPO

Jyoti CNC Automation IPO

Financial

BLS E-Services Limited Financial Information (Restated Consolidated)

BLS E-Services Limited's revenue increased by 150.31% and profit after tax (PAT) rose by 277.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	213.77	179.47	55.93	40.59
Revenue	158.05	246.29	98.40	65.23
Profit After Tax	14.68	20.33	5.38	3.15
Net Worth	120.37	106.94	15.07	9.68
Total Borrowing	0.00	0.00	8.76	11.02
Amount in ₹ Crore

Jyoti CNC Automation Limited Financial Information (Restated Consolidated)

Jyoti CNC Automation Limited's revenue increased by 27% and profit after tax (PAT) rose by 131.18% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,706.07	1,515.38	1,286.24	1,388.19
Revenue	510.53	952.60	750.06	590.09
Profit After Tax	3.35	15.06	-48.30	-70.03
Net Worth	205.63	36.23	-29.68	18.67
Reserves and Surplus	213.33	49.14	11.67	83.11
Total Borrowing	821.40	834.97	792.16	725.12
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

93.80%

72.66%

Promoter Shareholding (Post-Issue)

68.90%

62.6%

P/E Ratio

44.31

433.43

Market Cap

₹1226.56 Cr.

₹7527.47 Cr.

ROE

33.33%%

18.35%%

ROCE

30.62%%

9.50%%

Debt/Equity

0.05

10.17

EPS

₹3.05

₹0.76

RoNW

16.46%%

18.35%%

Shares Offered

In the BLS E-Services IPO retail investors (RII) are offered 20,72,700 shares while in Jyoti CNC Automation IPO retail investors are offered 20,72,700 shares. Qualified institutional buyers (QIB) are offered 62,18,154 shares in BLS E-Services IPO and 90,18,127 shares in Jyoti CNC Automation IPO.

	BLS E-Services IPO	Jyoti CNC Automation IPO
Anchor Investor Reserveration	93,27,096 shares	1,35,27,190 shares
Market Maker Reserveration
QIB	62,18,154 shares	90,18,127 shares
NII	31,09,050 shares	45,09,064 shares
RII	20,72,700 shares	30,06,042 shares
Employee	0 shares	1,58,227 shares
Others
Total	1,37,02,904 shares	1,66,91,460 shares

Bids Received (Subscription)

BLS E-Services IPO subscribed 162.38x in total, whereas Jyoti CNC Automation IPO subscribed 40.49x.

	BLS E-Services IPO	Jyoti CNC Automation IPO
QIB (times)	123.30x	46.37x
NII (times)	300.05x	38.33x
Big NII (times)	305.27x	42.77x
Small NII (times)	289.59x	29.47x
RII (times)	236.53x	27.50x
Employee (times)		13.14x
Other (times)	15.30x
Total (times)	162.38x	40.49x

Compare with others

BLS E-Services IPO	Jyoti CNC Automation IPO
Capital SFB IPO	BLS E-Services IPO
Jana SFB IPO	R K SWAMY IPO
Platinum Industries IPO	EPACK Durable IPO
Apeejay Surrendra Park IPO	Nova AgriTech IPO
Rashi Peripherals IPO	Medi Assist Healthcare IPO
R K SWAMY IPO	Innova Captab IPO
EPACK Durable IPO	Azad Engineering IPO
Nova AgriTech IPO	Mufti Menswear IPO
Medi Assist Healthcare IPO	Inox CVA IPO
Jyoti CNC Automation IPO	Suraj Estate Developers IPO

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