Bharti Hexacom IPO vs JNK India IPO

Comparision between Bharti Hexacom IPO and JNK India IPO.

IPO Details

Bharti Hexacom IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while JNK India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bharti Hexacom IPO	JNK India 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	SBI Capital Markets Limited Axis Capital Limited Bob Capital Markets Limited ICICI Securities Limited Iifl Securities Ltd	Iifl Securities Ltd ICICI Securities Limited
Registrar	Kfin Technologies Limited	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 Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the JNK India IPO is up to ₹649.47 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of JNK India IPO is ₹415.00 per share.

	Bharti Hexacom IPO	JNK India IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹542.00 per share	₹395.00 per share
Issue Price (Upper)	₹570.00 per share	₹415.00 per share
Issue Price (Final)	₹570.00 per share	₹415.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	26 shares	36 shares
Fresh Issue Size		75,94,936 shares
Fresh Issue Size (Amount)		up to ₹300.00 Cr
OFS Issue Size	7,50,00,000 shares	84,21,052 shares
OFS Issue Size (Amount)	up to ₹4,275.00 Cr	up to ₹349.47 Cr
Issue Size Total	7,50,00,000 shares	1,60,15,988 shares
Issue Size Total (Amount)	up to ₹4,275.00 Cr	up to ₹649.47 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while JNK India IPO opens on Apr 23, 2024. The closing date of Bharti Hexacom IPO and JNK India IPO is Apr 05, 2024, and Apr 25, 2024, respectively.

	Bharti Hexacom IPO	JNK India IPO
Anchor Bid Date	Apr 02, 2024	Apr 22, 2024
Issue Open	Apr 03, 2024	Apr 23, 2024
Issue Close	Apr 05, 2024	Apr 25, 2024
Basis Of Allotment (Tentative)	Apr 08, 2024	Apr 26, 2024
Initiation of Refunds (Tentative)	Apr 10, 2024	Apr 29, 2024
Credit of Share (Tentative)	Apr 10, 2024	Apr 29, 2024
Listing date (Tentative)	Apr 12, 2024	Apr 30, 2024
Anchor Lockin End date 1	May 08, 2024	May 26, 2024
Anchor Lockin End date 2	Jul 07, 2024	Jul 25, 2024

Financials

Bharti Hexacom IPO P/E ratio is 51.89, as compared to JNK India IPO P/E ratio of 43.32.

Bharti Hexacom IPO

JNK India IPO

Financial

Bharti Hexacom Limited Financial Information (Restated Standalone)

Bharti Hexacom Limited's revenue increased by 22.3% and profit after tax (PAT) dropped by -67.2% 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	19,603.00	18,252.90	16,674.30	15,003.50
Revenue	5,420.80	6,719.20	5,494.00	4,704.30
Profit After Tax	281.80	549.20	1,674.60	1,033.90
Net Worth	3,978.80	3,972.20	3,573.20	1,898.70
Reserves and Surplus	4,166.10	3,959.50	3,410.50	1,736.00
Total Borrowing	6,253.00	6,269.30	7,198.30	5,975.20
Amount in ₹ Crore

JNK India Limited Financial Information (Restated Consolidated)

JNK India Limited's revenue increased by 38.5% and profit after tax (PAT) rose by 28.84% 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	453.39	337.78	268.32	125.12
Revenue	256.76	411.55	297.14	138.45
Profit After Tax	46.21	46.36	35.98	16.48
Net Worth	168.56	122.17	72.18	36.82
Reserves and Surplus	158.88	112.57	62.58	36.22
Total Borrowing	56.73	33.76	5.99	8.95
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

70.00%

94.56%

Promoter Shareholding (Post-Issue)

70.00%

P/E Ratio

51.89

43.32

Market Cap

₹28500.00 Cr.

₹2308.27 Cr.

ROE

31.79%%

ROCE

34.73%%

Debt/Equity

1.41

0.34

EPS

₹10.98

₹9.58

RoNW

7.08%%

31.79%%

Shares Offered

In the Bharti Hexacom IPO retail investors (RII) are offered 75,00,000 shares while in JNK India IPO retail investors are offered 75,00,000 shares. Qualified institutional buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 31,29,903 shares in JNK India IPO.

	Bharti Hexacom IPO	JNK India IPO
Anchor Investor Reserveration	3,37,50,000 shares	46,94,989 shares
Market Maker Reserveration
QIB	2,25,00,000 shares	31,29,903 shares
NII	1,12,50,000 shares	23,47,497 shares
RII	75,00,000 shares	54,77,489 shares
Employee	0 shares	0 shares
Others
Total	4,12,50,000 shares	1,09,54,889 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas JNK India IPO subscribed 28.46x.

	Bharti Hexacom IPO	JNK India IPO
QIB (times)	48.57x	74.40x
NII (times)	10.52x	23.80x
Big NII (times)	12.27x	27.73x
Small NII (times)	7.00x	15.94x
RII (times)	2.83x	4.20x
Employee (times)
Other (times)
Total (times)	29.88x	28.46x

Compare with others

Bharti Hexacom IPO	JNK India IPO
Aadhar Housing Finance IPO	Aadhar Housing Finance IPO
TBO Tek IPO	TBO Tek IPO
Indegene IPO	Indegene IPO
JNK India IPO	VI FPO
VI FPO	Bharti Hexacom IPO
SRM Contractors IPO	SRM Contractors IPO
Popular Vehicles & Services IPO	Popular Vehicles & Services IPO
Gopal Namkeen IPO	Gopal Namkeen IPO
Krystal Integrated Services IPO
JG Chemicals IPO

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