JSW Infrastructure IPO vs Sai Silks (Kalamandir) IPO

Comparision between JSW Infrastructure IPO and Sai Silks (Kalamandir) IPO.

IPO Details

JSW Infrastructure IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sai Silks (Kalamandir) IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	JSW Infrastructure IPO	Sai Silks (Kalamandir) 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	Jm Financial Limited Axis Capital Limited Credit Suisse Securities (India) Private Limited ICICI Securities Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) SBI Capital Markets Limited Hsbc Securities & Capital Markets Pvt Ltd Kotak Mahindra Capital Company Limited	Motilal Oswal Investment Advisors Limited Hdfc Bank Limited Nuvama Wealth Management Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt 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 JSW Infrastructure IPO is up to ₹2,800.00 Cr whereas the issue size of the Sai Silks (Kalamandir) IPO is up to ₹1,201.00 Cr. The final issue price of JSW Infrastructure IPO is ₹119.00 per share and of Sai Silks (Kalamandir) IPO is ₹222.00 per share.

	JSW Infrastructure IPO	Sai Silks (Kalamandir) IPO
Face Value	₹2 per share	₹2 per share
Issue Price (Lower)	₹113.00 per share	₹210.00 per share
Issue Price (Upper)	₹119.00 per share	₹222.00 per share
Issue Price (Final)	₹119.00 per share	₹222.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	126 shares	67 shares
Fresh Issue Size	23,52,94,118 shares	2,70,27,027 shares
Fresh Issue Size (Amount)	up to ₹2,800.00 Cr	up to ₹600.00 Cr
OFS Issue Size		2,70,72,000 shares
OFS Issue Size (Amount)		up to ₹601.00 Cr
Issue Size Total	23,52,94,118 shares	5,40,99,027 shares
Issue Size Total (Amount)	up to ₹2,800.00 Cr	up to ₹1,201.00 Cr

IPO Timetable

JSW Infrastructure IPO opens on Sep 25, 2023, while Sai Silks (Kalamandir) IPO opens on Sep 20, 2023. The closing date of JSW Infrastructure IPO and Sai Silks (Kalamandir) IPO is Sep 27, 2023, and Sep 22, 2023, respectively.

	JSW Infrastructure IPO	Sai Silks (Kalamandir) IPO
Anchor Bid Date	Sep 22, 2023	Sep 18, 2023
Issue Open	Sep 25, 2023	Sep 20, 2023
Issue Close	Sep 27, 2023	Sep 22, 2023
Basis Of Allotment (Tentative)	Sep 28, 2023	Sep 27, 2023
Initiation of Refunds (Tentative)	Sep 28, 2023	Sep 29, 2023
Credit of Share (Tentative)	Sep 29, 2023	Oct 03, 2023
Listing date (Tentative)	Oct 03, 2023	Sep 27, 2023
Anchor Lockin End date 1	Oct 28, 2023	Oct 27, 2023
Anchor Lockin End date 2	Dec 27, 2023	Dec 26, 2023

Financials

JSW Infrastructure IPO P/E ratio is 29.67, as compared to Sai Silks (Kalamandir) IPO P/E ratio of 27.37.

JSW Infrastructure IPO

Sai Silks (Kalamandir) IPO

Financial

JSW Infrastructure IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	7,191.85	8,254.55	9,429.46	9,450.66
Revenue	1,237.37	1,678.26	2,378.74	3,372.85
Profit After Tax	196.53	284.62	330.44	749.51
Net Worth	2,488.23	2,831.18	3,212.13	3,934.64
Reserves and Surplus	2,486.53	2,829.84	3,208.98	3,645.75
Total Borrowing	3,102.57	3,945.82	4,408.69	4,243.70

Amount in ₹ Crore

Sai Silks (Kalamandir) Limited Financial Information (Restated)

Sai Silks (Kalamandir) Limited's revenue increased by 19.94% and profit after tax (PAT) rose by 69.17% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021	31 Mar 2020
Assets	1,220.45	842.49	665.42	692.76
Revenue	1,358.92	1,133.02	679.10	1,178.62
Profit After Tax	97.59	57.69	5.13	42.10
Net Worth	397.33	300.66	242.99	231.51
Reserves and Surplus	373.27	276.60	218.93	208.05
Total Borrowing	345.50	260.49	217.22	164.70
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

96.42%

95.23%

Promoter Shareholding (Post-Issue)

85.61%

60.80%

P/E Ratio

29.67

27.37

Market Cap

₹24990.00 Cr.

₹3404.73 Cr.

ROE

18.33%%

27.96%%

ROCE

19.49%%

23.55%%

Debt/Equity

0.87

EPS

₹4.12

₹8.11

RoNW

18.80%%

24.56%%

Shares Offered

In the JSW Infrastructure IPO retail investors (RII) are offered 2,35,29,411 shares while in Sai Silks (Kalamandir) IPO retail investors are offered 2,35,29,411 shares. Qualified institutional buyers (QIB) are offered 7,05,88,236 shares in JSW Infrastructure IPO and 1,08,19,807 shares in Sai Silks (Kalamandir) IPO.

	JSW Infrastructure IPO	Sai Silks (Kalamandir) IPO
Anchor Investor Reserveration	10,58,82,352 shares	1,62,29,707 shares
Market Maker Reserveration
QIB	7,05,88,236 shares	1,08,19,807 shares
NII	3,52,94,118 shares	81,14,854 shares
RII	2,35,29,411 shares	1,89,34,659 shares
Employee	0 shares	0 shares
Others
Total	12,94,11,765 shares	3,78,69,320 shares

Bids Received (Subscription)

JSW Infrastructure IPO subscribed 39.36x in total, whereas Sai Silks (Kalamandir) IPO subscribed 4.47x.

	JSW Infrastructure IPO	Sai Silks (Kalamandir) IPO
QIB (times)	60.12x	12.17x
NII (times)	16.83x	2.54x
Big NII (times)	17.94x	3.03x
Small NII (times)	14.62x	1.57x
RII (times)	10.87x	0.91x
Employee (times)
Other (times)
Total (times)	39.36x	4.47x

Compare with others

JSW Infrastructure IPO	Sai Silks (Kalamandir) IPO
Saraswati Saree Depot IPO	Plaza Wires IPO
Plaza Wires IPO	Updater Services IPO
Updater Services IPO	Valiant Laboratories IPO
Valiant Laboratories IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	JSW Infrastructure IPO
Sai Silks (Kalamandir) IPO	Yatra Online IPO
Yatra Online IPO	Zaggle Prepaid Ocean Services IPO
Zaggle Prepaid Ocean Services IPO	R R Kabel IPO
R R Kabel IPO	SAMHI Hotels IPO
SAMHI Hotels IPO	EMS IPO

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