Jainam Ferro Alloys IPO vs Prevest Denpro IPO

Comparision between Jainam Ferro Alloys IPO and Prevest Denpro IPO.

IPO Details

Jainam Ferro Alloys IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Prevest Denpro IPO is a SME Book Built Issue proposed to list at BSE SME.

	Jainam Ferro Alloys IPO	Prevest Denpro IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	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 Jainam Ferro Alloys IPO is up to ₹19.61 Cr whereas the issue size of the Prevest Denpro IPO is up to ₹26.61 Cr. The final issue price of Jainam Ferro Alloys IPO is ₹70.00 per share and of Prevest Denpro IPO is ₹84.00 per share.

	Jainam Ferro Alloys IPO	Prevest Denpro IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹82.00 per share
Issue Price (Upper)		₹84.00 per share
Issue Price (Final)	₹70.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	13,02,000 shares	31,68,000 shares
Fresh Issue Size (Amount)	up to ₹9.11 Cr	up to ₹26.61 Cr
OFS Issue Size	15,00,000 shares
OFS Issue Size (Amount)	up to ₹10.50 Cr
Issue Size Total	28,02,000 shares	22,65,600 shares
Issue Size Total (Amount)	up to ₹19.61 Cr	up to ₹26.61 Cr

IPO Timetable

Jainam Ferro Alloys IPO opens on Sep 28, 2021, while Prevest Denpro IPO opens on Sep 15, 2021. The closing date of Jainam Ferro Alloys IPO and Prevest Denpro IPO is Sep 30, 2021, and Sep 17, 2021, respectively.

	Jainam Ferro Alloys IPO	Prevest Denpro IPO
Anchor Bid Date		Sep 18, 2021
Issue Open	Sep 28, 2021	Sep 15, 2021
Issue Close	Sep 30, 2021	Sep 17, 2021
Basis Of Allotment (Tentative)	Oct 05, 2021	Sep 22, 2021
Initiation of Refunds (Tentative)	Oct 06, 2021	Sep 23, 2021
Credit of Share (Tentative)	Oct 07, 2021	Sep 24, 2021
Listing date (Tentative)	Oct 08, 2021	Sep 27, 2021
Anchor Lockin End date 1	Nov 04, 2021	Oct 22, 2021
Anchor Lockin End date 2	Jan 03, 2022	Dec 21, 2021

Financials

Jainam Ferro Alloys IPO P/E ratio is , as compared to Prevest Denpro IPO P/E ratio of 9.98.

Jainam Ferro Alloys IPO

Prevest Denpro IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (₹ in millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	524.18	391.94	402.28
Total Revenue	1025.17	1223.36	1323.97
Profit After Tax	31.17	8.64	28.85

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	3,069.97	2,107.86	1,534.48
Total Revenue	2,951.35	2,455.97	1,977.08
Profit After Tax	743.96	500.87	299.38

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.47%

73.61%

P/E Ratio

9.98

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Jainam Ferro Alloys IPO retail investors (RII) are offered 13,26,000 shares while in Prevest Denpro IPO retail investors are offered 13,26,000 shares. Qualified institutional buyers (QIB) are offered in Jainam Ferro Alloys IPO and 6,01,600 shares in Prevest Denpro IPO.

	Jainam Ferro Alloys IPO	Prevest Denpro IPO
Anchor Investor Reserveration		9,02,400 shares
Market Maker Reserveration	1,50,000 shares	1,60,000 shares
QIB		6,01,600 shares
NII	13,26,000 shares	6,11,200 shares
RII	13,26,000 shares	10,52,800 shares
Employee
Others
Total	26,52,000 shares	22,65,600 shares

Bids Received (Subscription)

Jainam Ferro Alloys IPO subscribed 6.65x in total, whereas Prevest Denpro IPO subscribed 38.12x.

	Jainam Ferro Alloys IPO	Prevest Denpro IPO
QIB (times)		5.78x
NII (times)	6.23x	78.98x
Big NII (times)
Small NII (times)
RII (times)	7.07x	32.87x
Employee (times)
Other (times)
Total (times)	6.65x	38.12x

Compare with others

Jainam Ferro Alloys IPO	Prevest Denpro IPO
Samor Reality Limited IPO	Shri Venkatesh Refineries IPO
Promax Power Limited IPO	Jainam Ferro Alloys IPO
Dynamic Services & Security IPO	Getalong Enterprise Limited IPO
Destiny Logistics & Infra IPO	Quadpro ITES IPO
Shri Venkatesh Refineries IPO	Markolines Traffic Controls IPO
Getalong Enterprise Limited IPO	Platinumone Business Services IPO
Quadpro ITES IPO	Naapbooks Limited IPO
Markolines Traffic Controls IPO	BEW Engineering IPO
Prevest Denpro IPO	SBL Infratech Limited IPO
Platinumone Business Services IPO	DU Digital Technologies IPO

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