Jay Bee Laminations IPO vs Vdeal System IPO

Comparision between Jay Bee Laminations IPO and Vdeal System IPO.

IPO Details

Jay Bee Laminations IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vdeal System IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Jay Bee Laminations IPO	Vdeal System IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Swaraj shares and securities private limited	Affinity Global Capital Market Private Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Shreni Shares Limited	Black Fox Financial Private Limited
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 Jay Bee Laminations IPO is up to ₹88.96 Cr whereas the issue size of the Vdeal System IPO is up to ₹18.08 Cr. The final issue price of Jay Bee Laminations IPO is ₹146.00 per share and of Vdeal System IPO is ₹112.00 per share.

	Jay Bee Laminations IPO	Vdeal System IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹138.00 per share
Issue Price (Upper)	₹146.00 per share
Issue Price (Final)	₹146.00 per share	₹112.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	45,70,000 shares	16,14,000 shares
Fresh Issue Size (Amount)	up to ₹66.72 Cr	up to ₹18.08 Cr
OFS Issue Size	15,23,000 shares
OFS Issue Size (Amount)	up to ₹22.24 Cr
Issue Size Total	60,93,000 shares	16,14,000 shares
Issue Size Total (Amount)	up to ₹88.96 Cr	up to ₹18.08 Cr

IPO Timetable

Jay Bee Laminations IPO opens on Aug 27, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Jay Bee Laminations IPO and Vdeal System IPO is Aug 29, 2024, and Aug 29, 2024, respectively.

	Jay Bee Laminations IPO	Vdeal System IPO
Anchor Bid Date	Aug 26, 2024
Issue Open	Aug 27, 2024	Aug 27, 2024
Issue Close	Aug 29, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Aug 30, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 02, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 02, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 03, 2024	Sep 03, 2024
Anchor Lockin End date 1	Sep 29, 2024
Anchor Lockin End date 2	Nov 28, 2024

Financials

Jay Bee Laminations IPO P/E ratio is 13.58, as compared to Vdeal System IPO P/E ratio of 11.79.

Jay Bee Laminations IPO

Vdeal System IPO

Financial

Jay Bee Laminations Limited Financial Information (Restated)

Jay Bee Laminations Limited's revenue increased by 23% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	13,091.32	10,897.58	9,514.73
Revenue	30,349.56	24,748.86	14,167.39
Profit After Tax	1,935.27	1,360	571.63
Net Worth	6,281.44	4,346.17	2,986.17
Reserves and Surplus	4,481.68	4,046.21	2,686.21
Total Borrowing	2,416.15	3,143.25	2,693.08
Amount in ₹ Lakhs

Vdeal System Limited Financial Information (Restated)

Vdeal System Limited's revenue increased by 26% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,727.93	1,544.44	1,142.33
Revenue	2,625.08	2,075.41	1,623.96
Profit After Tax	311.38	110.09	23.1
Net Worth	628.75	341.83	231.73
Reserves and Surplus	301.1	312.04	201.95
Total Borrowing	937.67	621.02	639.51
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.00%

99.97%

Promoter Shareholding (Post-Issue)

70.61%

66.96%

P/E Ratio

13.58

11.79

Market Cap

₹329.49 Cr.

₹54.77 Cr.

ROE

36.42%%

49.52%%

ROCE

39.23%%

32.83%%

Debt/Equity

0.38

1.49

EPS

₹10.75

₹9.50

RoNW

30.81%%

49.52%%

Shares Offered

In the Jay Bee Laminations IPO retail investors (RII) are offered 20,66,000 shares while in Vdeal System IPO retail investors are offered 20,66,000 shares. Qualified institutional buyers (QIB) are offered 11,40,000 shares in Jay Bee Laminations IPO and 0 shares in Vdeal System IPO.

	Jay Bee Laminations IPO	Vdeal System IPO
Anchor Investor Reserveration	17,10,000 shares
Market Maker Reserveration	3,05,000 shares	81,600 shares
QIB	11,40,000 shares	0 shares
NII	8,72,000 shares	7,66,200 shares
RII	20,66,000 shares	7,66,200 shares
Employee	0 shares	0 shares
Others
Total	40,78,000 shares	15,32,400 shares

Bids Received (Subscription)

Jay Bee Laminations IPO subscribed 113.95x in total, whereas Vdeal System IPO subscribed 71.38x.

	Jay Bee Laminations IPO	Vdeal System IPO
QIB (times)	72.35x
NII (times)	230.10x	61.46x
Big NII (times)
Small NII (times)
RII (times)	87.88x	76.70x
Employee (times)
Other (times)
Total (times)	113.95x	71.38x

Compare with others

Jay Bee Laminations IPO	Vdeal System IPO
Jeyyam Global Foods IPO	Mach Conferences and Events IPO
Boss Packaging Solutions IPO	Excellent Wires and Packaging IPO
Vdeal System IPO	Travels & Rentals IPO
Aeron Composite IPO	Jeyyam Global Foods IPO
Paramatrix Technologies IPO	Boss Packaging Solutions IPO
Rapid Multimodal Logistics IPO	Aeron Composite IPO
Indian Phosphate IPO	Paramatrix Technologies IPO
Resourceful Automobile IPO	Jay Bee Laminations IPO
Ideal Technoplast Industries IPO	Rapid Multimodal Logistics IPO
QVC Exports IPO	Indian Phosphate IPO

Comments

Add a public comment...