Jainam Ferro Alloys IPO vs Shri Venkatesh Refineries IPO

Comparision between Jainam Ferro Alloys IPO and Shri Venkatesh Refineries IPO.

IPO Details

Jainam Ferro Alloys IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shri Venkatesh Refineries IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India 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 Jainam Ferro Alloys IPO is up to ₹19.61 Cr whereas the issue size of the Shri Venkatesh Refineries IPO is up to ₹11.71 Cr. The final issue price of Jainam Ferro Alloys IPO is ₹70.00 per share and of Shri Venkatesh Refineries IPO is ₹40.00 per share.

	Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹70.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	13,02,000 shares
Fresh Issue Size (Amount)	up to ₹9.11 Cr
OFS Issue Size	15,00,000 shares
OFS Issue Size (Amount)	up to ₹10.50 Cr
Issue Size Total	28,02,000 shares	29,28,000 shares
Issue Size Total (Amount)	up to ₹19.61 Cr	up to ₹11.71 Cr

IPO Timetable

Jainam Ferro Alloys IPO opens on Sep 28, 2021, while Shri Venkatesh Refineries IPO opens on Sep 29, 2021. The closing date of Jainam Ferro Alloys IPO and Shri Venkatesh Refineries IPO is Sep 30, 2021, and Oct 01, 2021, respectively.

	Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
Anchor Bid Date
Issue Open	Sep 28, 2021	Sep 29, 2021
Issue Close	Sep 30, 2021	Oct 01, 2021
Basis Of Allotment (Tentative)	Oct 05, 2021	Oct 06, 2021
Initiation of Refunds (Tentative)	Oct 06, 2021	Oct 08, 2021
Credit of Share (Tentative)	Oct 07, 2021	Oct 08, 2021
Listing date (Tentative)	Oct 08, 2021	Oct 11, 2021
Anchor Lockin End date 1	Nov 04, 2021	Nov 05, 2021
Anchor Lockin End date 2	Jan 03, 2022	Jan 04, 2022

Financials

Jainam Ferro Alloys IPO P/E ratio is , as compared to Shri Venkatesh Refineries IPO P/E ratio of .

Jainam Ferro Alloys IPO

Shri Venkatesh Refineries 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 Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	934.06	672.55	491.11
Total Revenue	3,369.93	2,355.17	2,269.88
Profit After Tax	35.08	22.07	12.60

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.47%

73.53

P/E Ratio

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 Shri Venkatesh Refineries IPO retail investors are offered 13,26,000 shares. Qualified institutional buyers (QIB) are offered in Jainam Ferro Alloys IPO and in Shri Venkatesh Refineries IPO.

	Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,50,000 shares	1,47,000 shares
QIB
NII	13,26,000 shares	13,89,000 shares
RII	13,26,000 shares	13,92,000 shares
Employee
Others
Total	26,52,000 shares	27,81,000 shares

Bids Received (Subscription)

Jainam Ferro Alloys IPO subscribed 6.65x in total, whereas Shri Venkatesh Refineries IPO subscribed 3.12x.

	Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
QIB (times)
NII (times)	6.23x	2.43x
Big NII (times)
Small NII (times)
RII (times)	7.07x	3.81x
Employee (times)
Other (times)
Total (times)	6.65x	3.12x

Compare with others

Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
Samor Reality Limited IPO	Bombay Metrics Supply Chain IPO
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Destiny Logistics & Infra IPO	Dynamic Services & Security IPO
Shri Venkatesh Refineries IPO	Destiny Logistics & Infra IPO
Getalong Enterprise Limited IPO	Jainam Ferro Alloys IPO
Quadpro ITES IPO	Getalong Enterprise Limited IPO
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Platinumone Business Services IPO	Prevest Denpro IPO

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