Jayant Infratech IPO vs Modis Navnirman IPO

Comparision between Jayant Infratech IPO and Modis Navnirman IPO.

IPO Details

Jayant Infratech IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Modis Navnirman IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Jayant Infratech IPO	Modis Navnirman IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Gretex Corporate Services Limited	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt 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 Jayant Infratech IPO is up to ₹6.19 Cr whereas the issue size of the Modis Navnirman IPO is up to ₹22.68 Cr. The final issue price of Jayant Infratech IPO is ₹67.00 per share and of Modis Navnirman IPO is ₹180.00 per share.

	Jayant Infratech IPO	Modis Navnirman IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹67.00 per share	₹180.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	800 shares
Fresh Issue Size	9,24,000 shares	12,60,000 shares
Fresh Issue Size (Amount)	up to ₹6.19 Cr	up to ₹22.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	9,24,000 shares	12,60,000 shares
Issue Size Total (Amount)	up to ₹6.19 Cr	up to ₹22.68 Cr

IPO Timetable

Jayant Infratech IPO opens on Jun 30, 2022, while Modis Navnirman IPO opens on Jun 23, 2022. The closing date of Jayant Infratech IPO and Modis Navnirman IPO is Jul 05, 2022, and Jun 28, 2022, respectively.

	Jayant Infratech IPO	Modis Navnirman IPO
Anchor Bid Date
Issue Open	Jun 30, 2022	Jun 23, 2022
Issue Close	Jul 05, 2022	Jun 28, 2022
Basis Of Allotment (Tentative)	Jul 08, 2022	Jul 01, 2022
Initiation of Refunds (Tentative)	Jul 11, 2022	Jul 04, 2022
Credit of Share (Tentative)	Jul 12, 2022	Jul 05, 2022
Listing date (Tentative)	Jul 13, 2022	Jul 06, 2022
Anchor Lockin End date 1	Aug 07, 2022	Jul 31, 2022
Anchor Lockin End date 2	Oct 06, 2022	Sep 29, 2022

Financials

Jayant Infratech IPO P/E ratio is 14.44, as compared to Modis Navnirman IPO P/E ratio of 57.32.

Jayant Infratech IPO

Modis Navnirman IPO

Financial

Jayant Infratech Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	2114.62	1848.17	69.86	1119.12	909.65
31-Mar-20	2266.83	3416.73	131.92	1251.04	1041.57
31-Mar-21	2884.16	3550.87	139.58	1439.62	1221.56
31-Dec-21	2991.5	2414.6	112.64	1640.55	1409.39
Amount in ₹ Lakhs

Modi's Navnirman Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-20	998.48	2195.46	139.78
31-Mar-21	735.21	1322.34	37.83
31-Mar-22	3098.29	1151.07	132.7
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

99.98%

Promoter Shareholding (Post-Issue)

71.44%

70.20%

P/E Ratio

14.44

57.32

Market Cap

₹21.68 Cr.

₹76.14 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Jayant Infratech IPO retail investors (RII) are offered 4,38,000 shares while in Modis Navnirman IPO retail investors are offered 4,38,000 shares. Qualified institutional buyers (QIB) are offered in Jayant Infratech IPO and in Modis Navnirman IPO.

	Jayant Infratech IPO	Modis Navnirman IPO
Anchor Investor Reserveration
Market Maker Reserveration	48,000 shares	68,000 shares
QIB
NII	4,38,000 shares	5,96,000 shares
RII	4,38,000 shares	5,96,000 shares
Employee
Others
Total	8,76,000 shares	11,92,000 shares

Bids Received (Subscription)

Jayant Infratech IPO subscribed 4.00x in total, whereas Modis Navnirman IPO subscribed 1.99x.

	Jayant Infratech IPO	Modis Navnirman IPO
QIB (times)
NII (times)	4.23x	2.76x
Big NII (times)
Small NII (times)
RII (times)	3.76x	1.22x
Employee (times)
Other (times)
Total (times)	4.00x	1.99x

Compare with others

Jayant Infratech IPO	Modis Navnirman IPO
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SKP Bearing Industries IPO	Pearl Green Clubs and Resorts IPO
Veerkrupa Jewellers IPO	KCK Industries IPO
Sailani Tours N Travels IPO	Goel Food Products IPO
Mangalam Worldwide IPO	Scarnose International IPO
Modis Navnirman IPO	Silver Pearl Hospitality IPO

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