Apeejay Surrendra Park IPO vs Jana SFB IPO

Comparision between Apeejay Surrendra Park IPO and Jana SFB IPO.

IPO Details

Apeejay Surrendra Park IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Jana SFB IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Apeejay Surrendra Park IPO	Jana SFB 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 ICICI Securities Limited Axis Capital Limited	Axis Capital Limited ICICI Securities Limited SBI Capital Markets Limited
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 Apeejay Surrendra Park IPO is up to ₹920.00 Cr whereas the issue size of the Jana SFB IPO is up to ₹570.00 Cr. The final issue price of Apeejay Surrendra Park IPO is ₹155.00 per share and of Jana SFB IPO is ₹414.00 per share.

	Apeejay Surrendra Park IPO	Jana SFB IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹147.00 per share	₹393.00 per share
Issue Price (Upper)	₹155.00 per share	₹414.00 per share
Issue Price (Final)	₹155.00 per share	₹414.00 per share
Discount (Retail)
Discount (Employee)	₹7.00 per share
Market Lot Size	96 shares	36 shares
Fresh Issue Size	3,87,09,677 shares	1,11,59,420 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹462.00 Cr
OFS Issue Size	2,06,45,161 shares	26,08,629 shares
OFS Issue Size (Amount)	up to ₹320.00 Cr	up to ₹108.00 Cr
Issue Size Total	5,93,54,838 shares	1,37,68,049 shares
Issue Size Total (Amount)	up to ₹920.00 Cr	up to ₹570.00 Cr

IPO Timetable

Apeejay Surrendra Park IPO opens on Feb 05, 2024, while Jana SFB IPO opens on Feb 07, 2024. The closing date of Apeejay Surrendra Park IPO and Jana SFB IPO is Feb 07, 2024, and Feb 09, 2024, respectively.

	Apeejay Surrendra Park IPO	Jana SFB IPO
Anchor Bid Date	Feb 02, 2024	Feb 06, 2024
Issue Open	Feb 05, 2024	Feb 07, 2024
Issue Close	Feb 07, 2024	Feb 09, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Feb 12, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Feb 13, 2024
Credit of Share (Tentative)	Feb 09, 2024	Feb 13, 2024
Listing date (Tentative)	Feb 12, 2024	Feb 14, 2024
Anchor Lockin End date 1	Mar 09, 2024	Mar 13, 2024
Anchor Lockin End date 2	May 08, 2024	May 12, 2024

Financials

Apeejay Surrendra Park IPO P/E ratio is 56.33, as compared to Jana SFB IPO P/E ratio of 15.11.

Apeejay Surrendra Park IPO

Jana SFB IPO

Financial

Apeejay Surrendra Park Hotels Limited Financial Information (Restated Consolidated)

Apeejay Surrendra Park Hotels Limited's revenue increased by 95.81% and profit after tax (PAT) rose by 270.42% 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	1,382.51	1,361.79	1,275.18	1,280.34
Revenue	272.31	524.43	267.83	190.29
Profit After Tax	22.95	48.06	-28.20	-75.88
Net Worth	578.71	555.68	508.51	536.28
Reserves and Surplus	561.24	538.22	491.05	518.81
Total Borrowing	597.09	566.88	622.68	593.44
Amount in ₹ Crore

Jana Small Finance Bank Limited Financial Information (Restated)

Jana Small Finance Bank Limited's revenue increased by 20.82% and profit after tax (PAT) rose by 1365.12% 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	28,105.87	25,643.69	20,188.71	19,078.66
Revenue	2,215.57	3,699.88	3,062.37	2,720.74
Profit After Tax	213.22	255.97	17.47	72.26
Net Worth	2,547.11	1,777.07	1,184.56	1,100.77
Reserves and Surplus	2,225.44	1,472.28	999.29	914.09
Total Borrowing	5,313.54	6,277.46	4,509.83	4,815.32
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

94.18%

25.20%

Promoter Shareholding (Post-Issue)

68.13%

P/E Ratio

56.33

15.11

Market Cap

₹3307.26 Cr.

₹4330.04 Cr.

ROE

16.78%%

ROCE

Debt/Equity

0.99

3.49

EPS

₹2.75

₹27.40

RoNW

9.03%%

14.40%%

Shares Offered

In the Apeejay Surrendra Park IPO retail investors (RII) are offered 58,70,968 shares while in Jana SFB IPO retail investors are offered 58,70,968 shares. Qualified institutional buyers (QIB) are offered 1,76,12,903 shares in Apeejay Surrendra Park IPO and 26,88,392 shares in Jana SFB IPO.

	Apeejay Surrendra Park IPO	Jana SFB IPO
Anchor Investor Reserveration	2,64,19,354 shares	40,32,588 shares
Market Maker Reserveration
QIB	1,76,12,903 shares	26,88,392 shares
NII	88,06,452 shares	20,16,294 shares
RII	58,70,968 shares	47,04,687 shares
Employee	6,75,675 shares	0 shares
Others
Total	3,29,65,998 shares	94,09,373 shares

Bids Received (Subscription)

Apeejay Surrendra Park IPO subscribed 62.91x in total, whereas Jana SFB IPO subscribed 19.89x.

	Apeejay Surrendra Park IPO	Jana SFB IPO
QIB (times)	79.23x	39.81x
NII (times)	55.26x	26.13x
Big NII (times)	61.55x	28.73x
Small NII (times)	42.68x	20.94x
RII (times)	32.00x	5.70x
Employee (times)	5.73x
Other (times)
Total (times)	62.91x	19.89x

Compare with others

Apeejay Surrendra Park IPO	Jana SFB IPO
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Exicom Tele-Systems IPO	Vibhor Steel Tubes IPO
Capital SFB IPO	Entero Healthcare Solutions IPO
Jana SFB IPO	Exicom Tele-Systems IPO
Platinum Industries IPO	Capital SFB IPO
Rashi Peripherals IPO	Platinum Industries IPO
BLS E-Services IPO	Apeejay Surrendra Park IPO
R K SWAMY IPO	Rashi Peripherals IPO
EPACK Durable IPO	BLS E-Services IPO
Nova AgriTech IPO	R K SWAMY IPO

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