Jana SFB IPO vs Vibhor Steel Tubes IPO

Comparision between Jana SFB IPO and Vibhor Steel Tubes IPO.

IPO Details

Jana SFB IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vibhor Steel Tubes IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Jana SFB IPO	Vibhor Steel Tubes 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	Axis Capital Limited ICICI Securities Limited SBI Capital Markets Limited	Khambatta Securities Limited
Registrar	Kfin Technologies Limited	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 Jana SFB IPO is up to ₹570.00 Cr whereas the issue size of the Vibhor Steel Tubes IPO is up to ₹72.17 Cr. The final issue price of Jana SFB IPO is ₹414.00 per share and of Vibhor Steel Tubes IPO is ₹151.00 per share.

	Jana SFB IPO	Vibhor Steel Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹393.00 per share	₹141.00 per share
Issue Price (Upper)	₹414.00 per share	₹151.00 per share
Issue Price (Final)	₹414.00 per share	₹151.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	36 shares	99 shares
Fresh Issue Size	1,11,59,420 shares	47,79,444 shares
Fresh Issue Size (Amount)	up to ₹462.00 Cr	up to ₹72.17 Cr
OFS Issue Size	26,08,629 shares
OFS Issue Size (Amount)	up to ₹108.00 Cr
Issue Size Total	1,37,68,049 shares	47,79,444 shares
Issue Size Total (Amount)	up to ₹570.00 Cr	up to ₹72.17 Cr

IPO Timetable

Jana SFB IPO opens on Feb 07, 2024, while Vibhor Steel Tubes IPO opens on Feb 13, 2024. The closing date of Jana SFB IPO and Vibhor Steel Tubes IPO is Feb 09, 2024, and Feb 15, 2024, respectively.

	Jana SFB IPO	Vibhor Steel Tubes IPO
Anchor Bid Date	Feb 06, 2024	Feb 12, 2024
Issue Open	Feb 07, 2024	Feb 13, 2024
Issue Close	Feb 09, 2024	Feb 15, 2024
Basis Of Allotment (Tentative)	Feb 12, 2024	Feb 16, 2024
Initiation of Refunds (Tentative)	Feb 13, 2024	Feb 19, 2024
Credit of Share (Tentative)	Feb 13, 2024	Feb 19, 2024
Listing date (Tentative)	Feb 14, 2024	Feb 20, 2024
Anchor Lockin End date 1	Mar 13, 2024	Mar 17, 2024
Anchor Lockin End date 2	May 12, 2024	May 16, 2024

Financials

Jana SFB IPO P/E ratio is 15.11, as compared to Vibhor Steel Tubes IPO P/E ratio of 10.17.

Jana SFB IPO

Vibhor Steel Tubes IPO

Financial

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

Vibhor Steel Tubes Limited Financial Information (Restated Consolidated)

Vibhor Steel Tubes Limited's revenue increased by 36.15% and profit after tax (PAT) rose by 85.91% 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	376.48	293.63	248.54	172.93
Revenue	531.24	1,114.38	818.48	511.51
Profit After Tax	8.52	21.07	11.33	0.69
Net Worth	101.76	93.20	71.97	60.49
Total Borrowing	160.27	126.83	106.07	58.74
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

25.20%

98.24%

Promoter Shareholding (Post-Issue)

P/E Ratio

15.11

10.17

Market Cap

₹4330.04 Cr.

₹286.33 Cr.

ROE

16.78%%

25.51%%

ROCE

16.48%%

Debt/Equity

3.49

1.63

EPS

₹27.40

₹14.85

RoNW

14.40%%

22.60%%

Shares Offered

In the Jana SFB IPO retail investors (RII) are offered 47,04,687 shares while in Vibhor Steel Tubes IPO retail investors are offered 47,04,687 shares. Qualified institutional buyers (QIB) are offered 26,88,392 shares in Jana SFB IPO and 9,50,064 shares in Vibhor Steel Tubes IPO.

	Jana SFB IPO	Vibhor Steel Tubes IPO
Anchor Investor Reserveration	40,32,588 shares	14,24,907 shares
Market Maker Reserveration
QIB	26,88,392 shares	9,50,064 shares
NII	20,16,294 shares	7,12,491 shares
RII	47,04,687 shares	16,62,479 shares
Employee	0 shares	29,502 shares
Others
Total	94,09,373 shares	33,54,537 shares

Bids Received (Subscription)

Jana SFB IPO subscribed 19.89x in total, whereas Vibhor Steel Tubes IPO subscribed 320.05x.

	Jana SFB IPO	Vibhor Steel Tubes IPO
QIB (times)	39.81x	191.41x
NII (times)	26.13x	772.49x
Big NII (times)	28.73x	754.37x
Small NII (times)	20.94x	808.72x
RII (times)	5.70x	201.52x
Employee (times)		215.79x
Other (times)
Total (times)	19.89x	320.05x

Compare with others

Jana SFB IPO	Vibhor Steel Tubes IPO
Juniper Hotels IPO	Krystal Integrated Services IPO
Vibhor Steel Tubes IPO	JG Chemicals IPO
Entero Healthcare Solutions IPO	Bharat Highways InvIT
Exicom Tele-Systems IPO	GPT Healthcare IPO
Capital SFB IPO	Juniper Hotels IPO
Platinum Industries IPO	Entero Healthcare Solutions IPO
Apeejay Surrendra Park IPO	Exicom Tele-Systems IPO
Rashi Peripherals IPO	Capital SFB IPO
BLS E-Services IPO	Jana SFB IPO
R K SWAMY IPO	Platinum Industries IPO

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