Jyoti CNC Automation IPO vs Mufti Menswear IPO

Comparision between Jyoti CNC Automation IPO and Mufti Menswear IPO.

IPO Details

Jyoti CNC Automation IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Mufti Menswear IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Jyoti CNC Automation IPO	Mufti Menswear 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	Equirus Capital Private Limited ICICI Securities Limited SBI Capital Markets Limited	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited Keynote Financial Services Ltd
Registrar	Link Intime India Private Ltd	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 Jyoti CNC Automation IPO is up to ₹1,000.00 Cr whereas the issue size of the Mufti Menswear IPO is up to ₹549.78 Cr. The final issue price of Jyoti CNC Automation IPO is ₹331.00 per share and of Mufti Menswear IPO is ₹280.00 per share.

	Jyoti CNC Automation IPO	Mufti Menswear IPO
Face Value	₹2 per share	₹2 per share
Issue Price (Lower)	₹315.00 per share	₹266.00 per share
Issue Price (Upper)	₹331.00 per share	₹280.00 per share
Issue Price (Final)	₹331.00 per share	₹280.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	45 shares	53 shares
Fresh Issue Size	3,02,11,480 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr
OFS Issue Size		1,96,34,960 shares
OFS Issue Size (Amount)		up to ₹549.78 Cr
Issue Size Total	3,02,11,480 shares	1,96,34,960 shares
Issue Size Total (Amount)	up to ₹1,000.00 Cr	up to ₹549.78 Cr

IPO Timetable

Jyoti CNC Automation IPO opens on Jan 09, 2024, while Mufti Menswear IPO opens on Dec 19, 2023. The closing date of Jyoti CNC Automation IPO and Mufti Menswear IPO is Jan 11, 2024, and Dec 21, 2023, respectively.

	Jyoti CNC Automation IPO	Mufti Menswear IPO
Anchor Bid Date	Jan 08, 2024	Dec 18, 2023
Issue Open	Jan 09, 2024	Dec 19, 2023
Issue Close	Jan 11, 2024	Dec 21, 2023
Basis Of Allotment (Tentative)	Jan 12, 2024	Dec 22, 2023
Initiation of Refunds (Tentative)	Jan 15, 2024	Dec 26, 2023
Credit of Share (Tentative)	Jan 15, 2024	Dec 26, 2023
Listing date (Tentative)	Jan 16, 2024	Dec 27, 2023
Anchor Lockin End date 1	Feb 11, 2024	Jan 21, 2024
Anchor Lockin End date 2	Apr 11, 2024	Mar 21, 2024

Financials

Jyoti CNC Automation IPO P/E ratio is 433.43, as compared to Mufti Menswear IPO P/E ratio of 23.22.

Jyoti CNC Automation IPO

Mufti Menswear IPO

Financial

Jyoti CNC Automation Limited Financial Information (Restated Consolidated)

Jyoti CNC Automation Limited's revenue increased by 27% and profit after tax (PAT) rose by 131.18% 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	1,706.07	1,515.38	1,286.24	1,388.19
Revenue	510.53	952.60	750.06	590.09
Profit After Tax	3.35	15.06	-48.30	-70.03
Net Worth	205.63	36.23	-29.68	18.67
Reserves and Surplus	213.33	49.14	11.67	83.11
Total Borrowing	821.40	834.97	792.16	725.12
Amount in ₹ Crore

Credo Brands Marketing Limited Financial Information (Restated Consolidated)

Credo Brands Marketing Limited's revenue increased by 43.54% and profit after tax (PAT) rose by 116.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	592.38	574.48	476.05	416.99
Revenue	119.43	509.32	354.84	261.15
Profit After Tax	8.58	77.51	35.74	3.44
Net Worth	289.88	281.35	235.73	192.33
Reserves and Surplus
Total Borrowing	11.30	10.08	13.46	15.23
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

72.66%

66.66%

Promoter Shareholding (Post-Issue)

62.6%

53.66%

P/E Ratio

433.43

23.22

Market Cap

₹7527.47 Cr.

₹1800.45 Cr.

ROE

18.35%%

29.98%%

ROCE

9.50%%

28.16%%

Debt/Equity

10.17

0.65

EPS

₹0.76

₹0.54

RoNW

18.35%%

29.98%%

Shares Offered

In the Jyoti CNC Automation IPO retail investors (RII) are offered 30,06,042 shares while in Mufti Menswear IPO retail investors are offered 30,06,042 shares. Qualified institutional buyers (QIB) are offered 90,18,127 shares in Jyoti CNC Automation IPO and 39,26,992 shares in Mufti Menswear IPO.

	Jyoti CNC Automation IPO	Mufti Menswear IPO
Anchor Investor Reserveration	1,35,27,190 shares	58,90,488 shares
Market Maker Reserveration
QIB	90,18,127 shares	39,26,992 shares
NII	45,09,064 shares	29,45,244 shares
RII	30,06,042 shares	68,72,236 shares
Employee	1,58,227 shares	0 shares
Others
Total	1,66,91,460 shares	1,37,44,472 shares

Bids Received (Subscription)

Jyoti CNC Automation IPO subscribed 40.49x in total, whereas Mufti Menswear IPO subscribed 51.85x.

	Jyoti CNC Automation IPO	Mufti Menswear IPO
QIB (times)	46.37x	104.95x
NII (times)	38.33x	55.52x
Big NII (times)	42.77x	55.73x
Small NII (times)	29.47x	55.10x
RII (times)	27.50x	19.94x
Employee (times)	13.14x
Other (times)
Total (times)	40.49x	51.85x

Compare with others

Jyoti CNC Automation IPO	Mufti Menswear IPO
BLS E-Services IPO	Nova AgriTech IPO
R K SWAMY IPO	Medi Assist Healthcare IPO
EPACK Durable IPO	Jyoti CNC Automation IPO
Nova AgriTech IPO	Innova Captab IPO
Medi Assist Healthcare IPO	Azad Engineering IPO
Innova Captab IPO	Inox CVA IPO
Azad Engineering IPO	Suraj Estate Developers IPO
Mufti Menswear IPO	RBZ Jewellers IPO
Inox CVA IPO	Motisons Jewellers IPO
Suraj Estate Developers IPO	Mukka Proteins IPO

1 Comments

1. r t shah

| Link|January 4, 2024 10:42:20 AMReply

Mediassist looks much better option for long term and short term