Jetmall spices and masala ipo vs Siddhika Coatings IPO

Comparision between Jetmall spices and masala ipo and Siddhika Coatings IPO.

IPO Details

Jetmall spices and masala ipo is a SME Fixed Price Issue IPO proposed to list at BSE SME while Siddhika Coatings IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Jetmall spices and masala ipo	Siddhika Coatings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Mark Corporate Advisors Private Limited	Unistone Capital Pvt Ltd
Registrar	Cameo Corporate Services Limited	Skyline Financial Services Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Jetmall spices and masala ipo is up to ₹4.98 Cr whereas the issue size of the Siddhika Coatings IPO is up to ₹4.70 Cr. The final issue price of Jetmall spices and masala ipo is ₹20.00 per share and of Siddhika Coatings IPO is ₹57.00 per share.

	Jetmall spices and masala ipo	Siddhika Coatings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹20.00 per share	₹57.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,90,000 shares	8,24,000 shares
Issue Size Total (Amount)	up to ₹4.98 Cr	up to ₹4.70 Cr

IPO Timetable

Jetmall spices and masala ipo opens on Mar 31, 2021, while Siddhika Coatings IPO opens on Mar 24, 2021. The closing date of Jetmall spices and masala ipo and Siddhika Coatings IPO is Apr 07, 2021, and Mar 26, 2021, respectively.

	Jetmall spices and masala ipo	Siddhika Coatings IPO
Anchor Bid Date
Issue Open	Mar 31, 2021	Mar 24, 2021
Issue Close	Apr 07, 2021	Mar 26, 2021
Basis Of Allotment (Tentative)	Apr 12, 2021
Initiation of Refunds (Tentative)	Apr 12, 2021
Credit of Share (Tentative)	Apr 15, 2021
Listing date (Tentative)	Apr 19, 2021
Anchor Lockin End date 1	May 12, 2021
Anchor Lockin End date 2	Jul 11, 2021

Financials

Jetmall spices and masala ipo P/E ratio is , as compared to Siddhika Coatings IPO P/E ratio of .

Jetmall spices and masala ipo

Siddhika Coatings IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	602.24	885.35	1,988.59	1,738.16
Total Revenue	925.90	3,915.62	4,344.54	5,032.61
Profit After Tax	64.92	14.77	17.61	25.62

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	2,142.26	2,302.13	2,054.86	1,535.18
Total Revenue	614.65	3,041.78	3,223.74	2,214.65
Profit After Tax	19.98	295.86	351.14	256.44

Promoter Shareholding (Pre-Issue)

100%

83.64%

Promoter Shareholding (Post-Issue)

58.44%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Jetmall spices and masala ipo retail investors (RII) are offered 11,82,000 shares while in Siddhika Coatings IPO retail investors are offered 11,82,000 shares. Qualified institutional buyers (QIB) are offered in Jetmall spices and masala ipo and in Siddhika Coatings IPO.

	Jetmall spices and masala ipo	Siddhika Coatings IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,26,000 shares	42,000 shares
QIB
NII	11,82,000 shares	3,91,000 shares
RII	11,82,000 shares	3,91,000 shares
Employee
Others
Total	23,64,000 shares	7,82,000 shares

Bids Received (Subscription)

Jetmall spices and masala ipo subscribed 1.36x in total, whereas Siddhika Coatings IPO subscribed 2.60x.

	Jetmall spices and masala ipo	Siddhika Coatings IPO
QIB (times)
NII (times)	1.90x	2.33x
Big NII (times)
Small NII (times)
RII (times)	0.82x	2.87x
Employee (times)
Other (times)
Total (times)	1.36x	2.60x

Compare with others

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Times Green Energy IPO	Abhishek Integrations IPO
Adeshwar Meditex IPO	Kuberan Global Edu Solutions IPO
Navoday Enterprises IPO	Jetmall spices and masala ipo
Abhishek Integrations IPO	V-Marc India IPO
Kuberan Global Edu Solutions IPO	Rajeshwari Cans IPO
V-Marc India IPO	EKI Energy Services IPO
Rajeshwari Cans IPO	NIKS Technology IPO
Siddhika Coatings IPO	Rangoli Tradecomm IPO
EKI Energy Services IPO	KMEW IPO
NIKS Technology IPO	Ashapuri Gold Ornament FPO

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