Jyoti CNC Automation IPO vs Suraj Estate Developers IPO

Comparision between Jyoti CNC Automation IPO and Suraj Estate Developers IPO.

IPO Details

Jyoti CNC Automation IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Suraj Estate Developers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Jyoti CNC Automation IPO	Suraj Estate Developers 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	Equirus Capital Private Limited ICICI Securities Limited SBI Capital Markets Limited	Iti Capital Ltd Anand Rathi Securities Limited
Registrar	Link Intime India Private Ltd	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 Jyoti CNC Automation IPO is up to ₹1,000.00 Cr whereas the issue size of the Suraj Estate Developers IPO is up to ₹400.00 Cr. The final issue price of Jyoti CNC Automation IPO is ₹331.00 per share and of Suraj Estate Developers IPO is ₹360.00 per share.

	Jyoti CNC Automation IPO	Suraj Estate Developers IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹315.00 per share	₹340.00 per share
Issue Price (Upper)	₹331.00 per share	₹360.00 per share
Issue Price (Final)	₹331.00 per share	₹360.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	45 shares	41 shares
Fresh Issue Size	3,02,11,480 shares	1,11,11,111 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹400.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	3,02,11,480 shares	1,11,11,111 shares
Issue Size Total (Amount)	up to ₹1,000.00 Cr	up to ₹400.00 Cr

IPO Timetable

Jyoti CNC Automation IPO opens on Jan 09, 2024, while Suraj Estate Developers IPO opens on Dec 18, 2023. The closing date of Jyoti CNC Automation IPO and Suraj Estate Developers IPO is Jan 11, 2024, and Dec 20, 2023, respectively.

	Jyoti CNC Automation IPO	Suraj Estate Developers IPO
Anchor Bid Date	Jan 08, 2024	Dec 15, 2023
Issue Open	Jan 09, 2024	Dec 18, 2023
Issue Close	Jan 11, 2024	Dec 20, 2023
Basis Of Allotment (Tentative)	Jan 12, 2024	Dec 21, 2023
Initiation of Refunds (Tentative)	Jan 15, 2024	Dec 22, 2023
Credit of Share (Tentative)	Jan 15, 2024	Dec 22, 2023
Listing date (Tentative)	Jan 16, 2024	Dec 26, 2023
Anchor Lockin End date 1	Feb 11, 2024	Jan 20, 2024
Anchor Lockin End date 2	Apr 11, 2024	Mar 20, 2024

Financials

Jyoti CNC Automation IPO P/E ratio is 433.43, as compared to Suraj Estate Developers IPO P/E ratio of 35.64.

Jyoti CNC Automation IPO

Suraj Estate Developers IPO

Financial

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

Suraj Estate Developers Limited Financial Information (Restated Consolidated)

Suraj Estate Developers Limited's revenue increased by 12.41% and profit after tax (PAT) rose by 20.98% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	994.73	942.58	864.00	792.00
Revenue	102.81	307.89	273.91	244.00
Profit After Tax	14.53	32.06	26.50	6.28
Net Worth	86.11	71.39	39.16	29.15
Reserves and Surplus	70.29	55.48	23.32	22.94
Total Borrowing	598.50	593.09	638.16	600.48
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

72.66%

100%

Promoter Shareholding (Post-Issue)

62.6%

74.95%

P/E Ratio

433.43

35.64

Market Cap

₹7527.47 Cr.

₹1597.00 Cr.

ROE

18.35%%

58.18%%

ROCE

9.50%%

21.93%%

Debt/Equity

10.17

8.31

EPS

₹0.76

₹10.10

RoNW

18.35%%

58.18%%

Shares Offered

In the Jyoti CNC Automation IPO retail investors (RII) are offered 30,06,042 shares while in Suraj Estate Developers IPO retail investors are offered 30,06,042 shares. Qualified institutional buyers (QIB) are offered 90,18,127 shares in Jyoti CNC Automation IPO and 22,22,222 shares in Suraj Estate Developers IPO.

	Jyoti CNC Automation IPO	Suraj Estate Developers IPO
Anchor Investor Reserveration	1,35,27,190 shares	33,33,333 shares
Market Maker Reserveration
QIB	90,18,127 shares	22,22,222 shares
NII	45,09,064 shares	16,66,666 shares
RII	30,06,042 shares	38,88,889 shares
Employee	1,58,227 shares	0 shares
Others
Total	1,66,91,460 shares	77,77,777 shares

Bids Received (Subscription)

Jyoti CNC Automation IPO subscribed 40.49x in total, whereas Suraj Estate Developers IPO subscribed 16.57x.

	Jyoti CNC Automation IPO	Suraj Estate Developers IPO
QIB (times)	46.37x	25.74x
NII (times)	38.33x	20.02x
Big NII (times)	42.77x	18.37x
Small NII (times)	29.47x	23.31x
RII (times)	27.50x	9.85x
Employee (times)	13.14x
Other (times)
Total (times)	40.49x	16.57x

Compare with others

Jyoti CNC Automation IPO	Suraj Estate Developers IPO
BLS E-Services IPO	Jyoti CNC Automation 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
Innova Captab IPO	RBZ Jewellers IPO
Azad Engineering IPO	Motisons Jewellers IPO
Mufti Menswear IPO	Mukka Proteins IPO
Inox CVA IPO	Happy Forgings IPO
Suraj Estate Developers IPO	Muthoot Microfin IPO

1 Comments

1. r t shah

| Link|January 4, 2024 11:42:20 AMReply

Mediassist looks much better option for long term and short term