Gopal Namkeen IPO vs JG Chemicals IPO

Comparision between Gopal Namkeen IPO and JG Chemicals IPO.

IPO Details

Gopal Namkeen IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while JG Chemicals IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Gopal Namkeen IPO	JG Chemicals 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	Intensive Fiscal Services Private Limited Axis Capital Limited Jm Financial Limited	Centrum Capital Limited Emkay Global Financial Services Ltd Keynote Financial Services Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Gopal Namkeen IPO is up to ₹650.00 Cr whereas the issue size of the JG Chemicals IPO is up to ₹251.19 Cr. The final issue price of Gopal Namkeen IPO is ₹401.00 per share and of JG Chemicals IPO is ₹221.00 per share.

	Gopal Namkeen IPO	JG Chemicals IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹381.00 per share	₹210.00 per share
Issue Price (Upper)	₹401.00 per share	₹221.00 per share
Issue Price (Final)	₹401.00 per share	₹221.00 per share
Discount (Retail)
Discount (Employee)	₹38.00 per share
Market Lot Size	37 shares	67 shares
Fresh Issue Size		74,66,063 shares
Fresh Issue Size (Amount)		up to ₹165.00 Cr
OFS Issue Size	1,62,18,612 shares	39,00,000 shares
OFS Issue Size (Amount)	up to ₹650.00 Cr	up to ₹86.19 Cr
Issue Size Total	1,62,18,612 shares	1,13,66,063 shares
Issue Size Total (Amount)	up to ₹650.00 Cr	up to ₹251.19 Cr

IPO Timetable

Gopal Namkeen IPO opens on Mar 06, 2024, while JG Chemicals IPO opens on Mar 05, 2024. The closing date of Gopal Namkeen IPO and JG Chemicals IPO is Mar 11, 2024, and Mar 07, 2024, respectively.

	Gopal Namkeen IPO	JG Chemicals IPO
Anchor Bid Date	Mar 05, 2024	Mar 04, 2024
Issue Open	Mar 06, 2024	Mar 05, 2024
Issue Close	Mar 11, 2024	Mar 07, 2024
Basis Of Allotment (Tentative)	Mar 12, 2024	Mar 11, 2024
Initiation of Refunds (Tentative)	Mar 13, 2024	Mar 12, 2024
Credit of Share (Tentative)	Mar 13, 2024	Mar 12, 2024
Listing date (Tentative)	Mar 14, 2024	Mar 13, 2024
Anchor Lockin End date 1	Apr 11, 2024	Apr 10, 2024
Anchor Lockin End date 2	Jun 10, 2024	Jun 09, 2024

Financials

Gopal Namkeen IPO P/E ratio is 44.47, as compared to JG Chemicals IPO P/E ratio of 16.25.

Gopal Namkeen IPO

JG Chemicals IPO

Financial

Gopal Snacks Limited Financial Information (Restated)

Gopal Snacks Limited's revenue increased by 3.1% and profit after tax (PAT) rose by 170.52% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	434.54	461.28	399.72	341.89
Revenue	677.97	1,398.54	1,356.48	1,129.84
Profit After Tax	55.57	112.37	41.54	21.12
Net Worth	346.10	290.88	177.66	135.74
Reserves and Surplus	333.17	277.60	176.56	135.03
Total Borrowing	26.05	106.37	164.12	138.99
Amount in ₹ Crore

JG Chemicals Limited Financial Information (Restated Consolidated)

JG Chemicals Limited's revenue increased by 27.47% and profit after tax (PAT) rose by 31.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	271.26	297.79	264.14	209.94
Revenue	491.10	794.19	623.05	440.41
Profit After Tax	18.51	56.79	43.13	28.80
Net Worth	217.86	199.89	147.66	108.48
Reserves and Surplus	193.22	175.67	151.23	107.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

93.50%

100.00%

Promoter Shareholding (Post-Issue)

81.49%

P/E Ratio

44.47

16.25

Market Cap

₹4996.64 Cr.

₹866.01 Cr.

ROE

16.05%%

8.20%%

ROCE

20.83%%

11.86 %%

Debt/Equity

0.08

0.11

EPS

₹9.02

₹13.60

RoNW

16.05%%

8.16%%

Shares Offered

In the Gopal Namkeen IPO retail investors (RII) are offered 56,42,768 shares while in JG Chemicals IPO retail investors are offered 56,42,768 shares. Qualified institutional buyers (QIB) are offered 32,24,439 shares in Gopal Namkeen IPO and 22,73,214 shares in JG Chemicals IPO.

	Gopal Namkeen IPO	JG Chemicals IPO
Anchor Investor Reserveration	48,36,657 shares	34,09,818 shares
Market Maker Reserveration
QIB	32,24,439 shares	22,73,214 shares
NII	24,18,329 shares	17,04,910 shares
RII	56,42,768 shares	39,78,122 shares
Employee	96,419 shares	0 shares
Others
Total	1,13,81,955 shares	79,56,246 shares

Bids Received (Subscription)

Gopal Namkeen IPO subscribed 9.50x in total, whereas JG Chemicals IPO subscribed 28.52x.

	Gopal Namkeen IPO	JG Chemicals IPO
QIB (times)	18.42x	32.33x
NII (times)	10.00x	47.92x
Big NII (times)	10.72x	50.26x
Small NII (times)	8.12x	43.24x
RII (times)	4.22x	18.03x
Employee (times)	7.27x
Other (times)
Total (times)	9.50x	28.52x

Compare with others

Gopal Namkeen IPO	JG Chemicals IPO
JNK India IPO	Bharti Hexacom IPO
VI FPO	SRM Contractors IPO
Bharti Hexacom IPO	Popular Vehicles & Services IPO
SRM Contractors IPO	Gopal Namkeen IPO
Popular Vehicles & Services IPO	Krystal Integrated Services IPO
Krystal Integrated Services IPO	Bharat Highways InvIT
JG Chemicals IPO	GPT Healthcare IPO
Bharat Highways InvIT	Juniper Hotels IPO
GPT Healthcare IPO	Vibhor Steel Tubes IPO
Juniper Hotels IPO	Entero Healthcare Solutions IPO

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