Newjaisa Technologies IPO vs Rajgor Castor Derivatives IPO

Comparision between Newjaisa Technologies IPO and Rajgor Castor Derivatives IPO.

IPO Details

Newjaisa Technologies IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rajgor Castor Derivatives IPO is a SME Book Built Issue proposed to list at NSE SME.

	Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Indorient Financial Services Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Spread X Securities Private Limited
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 Newjaisa Technologies IPO is up to ₹39.93 Cr whereas the issue size of the Rajgor Castor Derivatives IPO is up to ₹47.81 Cr. The final issue price of Newjaisa Technologies IPO is ₹47.00 per share and of Rajgor Castor Derivatives IPO is ₹50.00 per share.

	Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹44.00 per share	₹47.00 per share
Issue Price (Upper)	₹47.00 per share	₹50.00 per share
Issue Price (Final)	₹47.00 per share	₹50.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size	84,96,000 shares	88,95,000 shares
Fresh Issue Size (Amount)	up to ₹39.93 Cr	up to ₹44.48 Cr
OFS Issue Size		6,66,000 shares
OFS Issue Size (Amount)		up to ₹3.33 Cr
Issue Size Total	84,96,000 shares	95,61,000 shares
Issue Size Total (Amount)	up to ₹39.93 Cr	up to ₹47.81 Cr

IPO Timetable

Newjaisa Technologies IPO opens on Sep 25, 2023, while Rajgor Castor Derivatives IPO opens on Oct 17, 2023. The closing date of Newjaisa Technologies IPO and Rajgor Castor Derivatives IPO is Sep 27, 2023, and Oct 20, 2023, respectively.

	Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO
Anchor Bid Date	Sep 22, 2023	Oct 16, 2023
Issue Open	Sep 25, 2023	Oct 17, 2023
Issue Close	Sep 27, 2023	Oct 20, 2023
Basis Of Allotment (Tentative)	Oct 04, 2023	Oct 26, 2023
Initiation of Refunds (Tentative)	Oct 05, 2023	Oct 27, 2023
Credit of Share (Tentative)	Oct 06, 2023	Oct 30, 2023
Listing date (Tentative)	Oct 05, 2023	Oct 31, 2023
Anchor Lockin End date 1	Nov 03, 2023	Nov 25, 2023
Anchor Lockin End date 2	Jan 02, 2024	Jan 24, 2024

Financials

Newjaisa Technologies IPO P/E ratio is 15.51, as compared to Rajgor Castor Derivatives IPO P/E ratio of 1.66.

Newjaisa Technologies IPO

Rajgor Castor Derivatives IPO

Financial

Newjaisa Technologies IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	337.99	559.15	2,208.70
Revenue	960.71	2,792.50	4,453.23
Profit After Tax	73.36	180.19	675.57
Net Worth	74.36	254.55	930.12
Reserves and Surplus	73.36	218.55	894.12
Total Borrowing	162.64	181.82	743.70

Amount in ₹ Lakhs

Rajgor Castor Derivatives Limited Financial Information (Restated)

Rajgor Castor Derivatives Limited's revenue increased by 948.26% and profit after tax (PAT) rose by 962.41% 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	31 Mar 2020
Assets	9,847.95	7,782.64	3,753.42	2,578.48	2,645.34
Revenue	11,276.10	42,887.35	4,091.30	1,100.69	1,497.33
Profit After Tax	192.57	554.47	52.19	-180.18	-97.02
Net Worth	2,558.24	2,365.55	201.90	149.71
Reserves and Surplus	2,343.54	2,150.97	190.12	137.93	318.12
Total Borrowing	5,178.96	4,450.93	1,809.51	2,286.28
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

94.23%

100%

Promoter Shareholding (Post-Issue)

P/E Ratio

15.51

1.66

Market Cap

₹151.26 Cr.

₹119.58 Cr.

ROE

72.63%%

43.19%%

ROCE

72.63%%

22.97%%

Debt/Equity

1.88

EPS

₹3.03

₹30.06

RoNW

72.63%%

23.44%%

Shares Offered

In the Newjaisa Technologies IPO retail investors (RII) are offered 28,26,000 shares while in Rajgor Castor Derivatives IPO retail investors are offered 28,26,000 shares. Qualified institutional buyers (QIB) are offered 16,14,000 shares in Newjaisa Technologies IPO and 17,22,000 shares in Rajgor Castor Derivatives IPO.

	Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO
Anchor Investor Reserveration	24,18,000 shares	27,12,000 shares
Market Maker Reserveration	4,26,000 shares	5,01,000 shares
QIB	16,14,000 shares	17,22,000 shares
NII	12,12,000 shares	13,62,000 shares
RII	28,26,000 shares	31,42,000 shares
Employee	0 shares	0 shares
Others
Total	56,52,000 shares	62,26,000 shares

Bids Received (Subscription)

Newjaisa Technologies IPO subscribed 6.85x in total, whereas Rajgor Castor Derivatives IPO subscribed 107.43x.

	Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO
QIB (times)	1.02x	35.52x
NII (times)	15.34x	260.01x
Big NII (times)
Small NII (times)
RII (times)	6.54x	80.70x
Employee (times)
Other (times)
Total (times)	6.85x	107.43x

Compare with others

Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO
Kontor Space IPO	Plada Infotech Services IPO
Vishnusurya Projects and Infra IPO	Sharp Chucks And Machines IPO
E Factor Experiences IPO	Kontor Space IPO
Rajgor Castor Derivatives IPO	Vishnusurya Projects and Infra IPO
Arabian Petroleum IPO	E Factor Experiences IPO
Inspire Films IPO	Arabian Petroleum IPO
Goyal Salt IPO	Newjaisa Technologies IPO
Saakshi Medtech and Panels IPO	Inspire Films IPO
Organic Recycling Systems IPO	Goyal Salt IPO
Sunita Tools IPO	Saakshi Medtech and Panels IPO

Comments

Add a public comment...