ASK Automotive IPO vs Blue Jet Healthcare IPO

Comparision between ASK Automotive IPO and Blue Jet Healthcare IPO.

IPO Details

ASK Automotive IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Blue Jet Healthcare IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ASK Automotive IPO	Blue Jet Healthcare 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 ICICI Securities Limited Iifl Securities Ltd	Kotak Mahindra Capital Company Limited ICICI Securities Limited J.P. Morgan India Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private 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 ASK Automotive IPO is up to ₹834.00 Cr whereas the issue size of the Blue Jet Healthcare IPO is up to ₹840.27 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Blue Jet Healthcare IPO is ₹346.00 per share.

	ASK Automotive IPO	Blue Jet Healthcare IPO
Face Value	₹2 per share	₹2 per share
Issue Price (Lower)	₹268.00 per share	₹329.00 per share
Issue Price (Upper)	₹282.00 per share	₹346.00 per share
Issue Price (Final)	₹282.00 per share	₹346.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	53 shares	43 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	2,95,71,390 shares	2,42,85,160 shares
OFS Issue Size (Amount)	up to ₹834.00 Cr	up to ₹840.27 Cr
Issue Size Total	2,95,71,390 shares	2,42,85,160 shares
Issue Size Total (Amount)	up to ₹834.00 Cr	up to ₹840.27 Cr

IPO Timetable

ASK Automotive IPO opens on Nov 07, 2023, while Blue Jet Healthcare IPO opens on Oct 25, 2023. The closing date of ASK Automotive IPO and Blue Jet Healthcare IPO is Nov 09, 2023, and Oct 27, 2023, respectively.

	ASK Automotive IPO	Blue Jet Healthcare IPO
Anchor Bid Date	Nov 06, 2023	Oct 23, 2023
Issue Open	Nov 07, 2023	Oct 25, 2023
Issue Close	Nov 09, 2023	Oct 27, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Oct 30, 2023
Initiation of Refunds (Tentative)	Nov 10, 2023	Oct 31, 2023
Credit of Share (Tentative)	Nov 13, 2023	Oct 31, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 01, 2023
Anchor Lockin End date 1	Dec 10, 2023	Nov 29, 2023
Anchor Lockin End date 2	Feb 08, 2024	Jan 28, 2024

Financials

ASK Automotive IPO P/E ratio is 45.63, as compared to Blue Jet Healthcare IPO P/E ratio of 37.49.

ASK Automotive IPO

Blue Jet Healthcare IPO

Financial

ASK Automotive Limited Financial Information (Restated Consolidated)

ASK Automotive Limited's revenue increased by 26.78% and profit after tax (PAT) rose by 48.75% 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
Assets	1,443.34	1,281.21	1,105.56	948.25
Revenue	657.55	2,566.28	2,024.26	1,567.77
Profit After Tax	34.83	122.95	82.66	106.20
Net Worth		643.77	631.91	622.23
Reserves and Surplus	639.03	604.34	591.73	581.54
Total Borrowing	268.03	231.82	119.78	54.02
Amount in ₹ Crore

Blue Jet Healthcare Limited Financial Information (Restated Standalone)

Blue Jet Healthcare Limited's revenue increased by 5.98% and profit after tax (PAT) dropped by -11.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022
Assets	903.80	862.07	713.38
Revenue	184.60	744.94	702.88
Profit After Tax	44.12	160.03	181.59
Net Worth	725.68	681.49	521.54
Reserves and Surplus	690.99	646.79	486.85
Total Borrowing
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

86%

P/E Ratio

45.63

37.49

Market Cap

₹5559.00 Cr.

₹6001.90 Cr.

ROE

26.60%%

ROCE

31.91%%

Debt/Equity

0.49

EPS

₹6.18

₹9.23

RoNW

19.10%%

23.48%%

Shares Offered

In the ASK Automotive IPO retail investors (RII) are offered 1,03,49,987 shares while in Blue Jet Healthcare IPO retail investors are offered 1,03,49,987 shares. Qualified institutional buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 48,57,032 shares in Blue Jet Healthcare IPO.

	ASK Automotive IPO	Blue Jet Healthcare IPO
Anchor Investor Reserveration	88,71,416 shares	72,85,548 shares
Market Maker Reserveration
QIB	59,14,278 shares	48,57,032 shares
NII	44,35,709 shares	36,42,774 shares
RII	1,03,49,987 shares	84,99,806 shares
Employee	0 shares	0 shares
Others
Total	2,06,99,974 shares	1,69,99,612 shares

Bids Received (Subscription)

ASK Automotive IPO subscribed 51.14x in total, whereas Blue Jet Healthcare IPO subscribed 7.95x.

	ASK Automotive IPO	Blue Jet Healthcare IPO
QIB (times)	142.41x	13.72x
NII (times)	35.47x	13.59x
Big NII (times)	41.13x	15.65x
Small NII (times)	24.16x	9.48x
RII (times)	5.70x	2.24x
Employee (times)
Other (times)
Total (times)	51.14x	7.95x

Compare with others

ASK Automotive IPO	Blue Jet Healthcare IPO
DOMS IPO	Gandhar Oil Refinery India IPO
Flair Writing IPO	ASK Automotive IPO
IREDA IPO	ESAF Small Finance Bank IPO
Fedbank Financial Services IPO	Cello World Limited IPO
Gandhar Oil Refinery India IPO	Mamaearth IPO
ESAF Small Finance Bank IPO	Protean eGov Technologies IPO
Cello World Limited IPO	IRM Energy IPO
Mamaearth IPO	Plaza Wires IPO
Blue Jet Healthcare IPO	Updater Services IPO
Protean eGov Technologies IPO	Valiant Laboratories IPO

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