Advit Jewels IPO vs Sai Parenteral's IPO

Comparison between Advit Jewels IPO and Sai Parenteral's IPO.

IPO Details

Advit Jewels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sai Parenteral's IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Advit Jewels IPO is up to ₹165.16 Cr whereas the issue size of the Sai Parenteral's IPO is up to ₹408.79 Cr. The final issue price of Advit Jewels IPO is ₹138.00 per share and of Sai Parenteral's IPO is ₹392.00 per share.

 Advit Jewels IPOSai Parenteral's IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹130.00 per share₹372.00 per share
Issue Price (Upper)₹138.00 per share₹392.00 per share
Issue Price (Final)₹138.00 per share₹392.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size100 shares38 shares
Fresh Issue Size1,19,68,000 shares72,70,408 shares
Fresh Issue Size (Amount)up to ₹165.16 Crup to ₹285.00 Cr
OFS Issue Size0 shares31,57,880 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹123.79 Cr
Issue Size Total1,19,68,000 shares1,04,28,288 shares
Issue Size Total (Amount)up to ₹165.16 Crup to ₹408.79 Cr

IPO Timetable

Advit Jewels IPO opens on Jun 23, 2026, while Sai Parenteral's IPO opens on Mar 24, 2026. The closing date of Advit Jewels IPO and Sai Parenteral's IPO is Jun 25, 2026, and Mar 27, 2026, respectively.

 Advit Jewels IPOSai Parenteral's IPO
Anchor Bid DateJun 22, 2026Mar 23, 2026
Issue OpenJun 23, 2026Mar 24, 2026
Issue CloseJun 25, 2026Mar 27, 2026
Basis Of Allotment (Tentative)Jun 29, 2026Mar 30, 2026
Initiation of Refunds (Tentative)Jun 30, 2026Apr 01, 2026
Credit of Share (Tentative)Jun 30, 2026Apr 01, 2026
Listing date (Tentative)Jul 01, 2026Apr 02, 2026
Anchor Lockin End date 1Jul 29, 2026Apr 28, 2026
Anchor Lockin End date 2Sep 27, 2026Jun 27, 2026

Financials & KPIs

Advit Jewels IPO P/E ratio is 18.41, as compared to Sai Parenteral's IPO P/E ratio of 72.19.

 Advit Jewels IPOSai Parenteral's IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets164.20140.8567.2129.01
Total Income123.80124.9469.4546.60
Profit After Tax25.4425.3714.7110.39
EBITDA36.6837.1518.9512.77
NET Worth83.6558.1332.8018.08
Reserves and Surplus51.6458.1232.7918.07
Total Borrowing64.9274.8019.705.84
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets376.24272.39268.10133.96
Total Income89.43163.74155.1897.03
Profit After Tax7.7614.438.424.38
EBITDA16.2439.4431.7017.64
NET Worth209.3795.7876.4031.49
Reserves and Surplus188.8480.3661.3024.34
Total Borrowing76.0793.95118.7968.55
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.5961.23
Promoter Shareholding (Post-Issue)69.8851.2
P/E Ratio18.4172.19
Market Cap₹632.18 Cr.₹1731.83 Cr.
ROE55.7916.82
ROCE27.4828.92
Debt/Equity1.29
EPS₹7.50₹5.43
RoNW43.6415.09

Shares Offered

In the Advit Jewels IPO Retail Individual Investors (RII) are offered 41,90,000 shares while in Sai Parenteral's IPO retail investors are offered 41,90,000 shares. Qualified Institutional Buyers (QIB) are offered 23,92,600 shares in Advit Jewels IPO and 20,85,658 shares in Sai Parenteral's IPO.

 Advit Jewels IPOSai Parenteral's IPO
Anchor Investor Reservation35,88,700 shares31,28,485 shares
Market Maker Reservation0 shares0 shares
QIB23,92,600 shares20,85,658 shares
NII17,96,700 shares15,64,244 shares
RII41,90,000 shares36,49,901 shares
Employee0 shares0 shares
Others
Total1,19,68,000 shares1,04,28,288 shares

Bids Received (Subscription)

Advit Jewels IPO subscribed 148.87x in total, whereas Sai Parenteral's IPO subscribed 0.76x.

 Advit Jewels IPOSai Parenteral's IPO
QIB (times)174.98x1.73x
NII (times)536.38x2.45x
Big NII (times)553.65x3.56x
Small NII (times)501.83x0.24x
RII (times)95.30x0.12x
Employee (times)
Other (times)
Total (times)148.87x0.76x

Compare with others

Compare:

Advit Jewels IPO Vs Sai Parenteral's IPO