JG Chemicals IPO vs Krystal Integrated Services IPO

Comparision between JG Chemicals IPO and Krystal Integrated Services IPO.

IPO Details

JG Chemicals IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Krystal Integrated Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	JG Chemicals IPO	Krystal Integrated Services 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	Centrum Capital Limited Emkay Global Financial Services Ltd Keynote Financial Services Ltd	Inga Ventures Pvt Ltd
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 JG Chemicals IPO is up to ₹251.19 Cr whereas the issue size of the Krystal Integrated Services IPO is up to ₹300.13 Cr. The final issue price of JG Chemicals IPO is ₹221.00 per share and of Krystal Integrated Services IPO is ₹715.00 per share.

	JG Chemicals IPO	Krystal Integrated Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹210.00 per share	₹680.00 per share
Issue Price (Upper)	₹221.00 per share	₹715.00 per share
Issue Price (Final)	₹221.00 per share	₹715.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	67 shares	20 shares
Fresh Issue Size	74,66,063 shares	24,47,552 shares
Fresh Issue Size (Amount)	up to ₹165.00 Cr	up to ₹175.00 Cr
OFS Issue Size	39,00,000 shares	17,50,000 shares
OFS Issue Size (Amount)	up to ₹86.19 Cr	up to ₹125.13 Cr
Issue Size Total	1,13,66,063 shares	41,97,552 shares
Issue Size Total (Amount)	up to ₹251.19 Cr	up to ₹300.13 Cr

IPO Timetable

JG Chemicals IPO opens on Mar 05, 2024, while Krystal Integrated Services IPO opens on Mar 14, 2024. The closing date of JG Chemicals IPO and Krystal Integrated Services IPO is Mar 07, 2024, and Mar 18, 2024, respectively.

	JG Chemicals IPO	Krystal Integrated Services IPO
Anchor Bid Date	Mar 04, 2024	Mar 13, 2024
Issue Open	Mar 05, 2024	Mar 14, 2024
Issue Close	Mar 07, 2024	Mar 18, 2024
Basis Of Allotment (Tentative)	Mar 11, 2024	Mar 19, 2024
Initiation of Refunds (Tentative)	Mar 12, 2024	Mar 20, 2024
Credit of Share (Tentative)	Mar 12, 2024	Mar 20, 2024
Listing date (Tentative)	Mar 13, 2024	Mar 21, 2024
Anchor Lockin End date 1	Apr 10, 2024	Apr 18, 2024
Anchor Lockin End date 2	Jun 09, 2024	Jun 17, 2024

Financials

JG Chemicals IPO P/E ratio is 16.25, as compared to Krystal Integrated Services IPO P/E ratio of 21.45.

JG Chemicals IPO

Krystal Integrated Services IPO

Financial

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

Krystal Integrated Services Limited Financial Information (Restated Consolidated)

Krystal Integrated Services Limited's revenue increased by 28.13% and profit after tax (PAT) rose by 46.89% 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	449.83	343.47	404.39	338.47
Revenue	455.67	710.97	554.86	474.31
Profit After Tax	20.56	38.41	26.15	16.65
Net Worth	183.68	163.41	163.86	136.08
Reserves and Surplus	170.09	155.27	156.04	129.76
Total Borrowing	103.36	47.99	72.55	65.31
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

99.99%

Promoter Shareholding (Post-Issue)

P/E Ratio

16.25

21.45

Market Cap

₹866.01 Cr.

₹998.99 Cr.

ROE

8.20%%

11.71%%

ROCE

11.86 %%

16.97%%

Debt/Equity

0.11

0.58

EPS

₹13.60

₹33.33

RoNW

8.16%%

11.21%%

Shares Offered

In the JG Chemicals IPO retail investors (RII) are offered 39,78,122 shares while in Krystal Integrated Services IPO retail investors are offered 39,78,122 shares. Qualified institutional buyers (QIB) are offered 22,73,214 shares in JG Chemicals IPO and 8,39,510 shares in Krystal Integrated Services IPO.

	JG Chemicals IPO	Krystal Integrated Services IPO
Anchor Investor Reserveration	34,09,818 shares	12,59,265 shares
Market Maker Reserveration
QIB	22,73,214 shares	8,39,510 shares
NII	17,04,910 shares	6,29,633 shares
RII	39,78,122 shares	14,69,143 shares
Employee	0 shares	0 shares
Others
Total	79,56,246 shares	29,38,286 shares

Bids Received (Subscription)

JG Chemicals IPO subscribed 28.52x in total, whereas Krystal Integrated Services IPO subscribed 13.49x.

	JG Chemicals IPO	Krystal Integrated Services IPO
QIB (times)	32.33x	7.32x
NII (times)	47.92x	45.23x
Big NII (times)	50.26x	52.07x
Small NII (times)	43.24x	31.54x
RII (times)	18.03x	3.42x
Employee (times)
Other (times)
Total (times)	28.52x	13.49x

Compare with others

JG Chemicals IPO	Krystal Integrated Services IPO
Bharti Hexacom IPO	VI FPO
SRM Contractors IPO	Bharti Hexacom IPO
Popular Vehicles & Services IPO	SRM Contractors IPO
Gopal Namkeen IPO	Popular Vehicles & Services IPO
Krystal Integrated Services IPO	Gopal Namkeen IPO
Bharat Highways InvIT	JG Chemicals IPO
GPT Healthcare IPO	Bharat Highways InvIT
Juniper Hotels IPO	GPT Healthcare IPO
Vibhor Steel Tubes IPO	Juniper Hotels IPO
Entero Healthcare Solutions IPO	Vibhor Steel Tubes IPO

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