Arabian Petroleum IPO vs Newjaisa Technologies IPO

Comparision between Arabian Petroleum IPO and Newjaisa Technologies IPO.

IPO Details

Arabian Petroleum IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Newjaisa Technologies IPO is a SME Book Built Issue proposed to list at NSE SME.

	Arabian Petroleum IPO	Newjaisa Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Indorient Financial Services Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arabian Petroleum IPO is up to ₹20.24 Cr whereas the issue size of the Newjaisa Technologies IPO is up to ₹39.93 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Newjaisa Technologies IPO is ₹47.00 per share.

	Arabian Petroleum IPO	Newjaisa Technologies IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)		₹44.00 per share
Issue Price (Upper)		₹47.00 per share
Issue Price (Final)	₹70.00 per share	₹47.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	28,92,000 shares	84,96,000 shares
Fresh Issue Size (Amount)	up to ₹20.24 Cr	up to ₹39.93 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,92,000 shares	84,96,000 shares
Issue Size Total (Amount)	up to ₹20.24 Cr	up to ₹39.93 Cr

IPO Timetable

Arabian Petroleum IPO opens on Sep 25, 2023, while Newjaisa Technologies IPO opens on Sep 25, 2023. The closing date of Arabian Petroleum IPO and Newjaisa Technologies IPO is Sep 27, 2023, and Sep 27, 2023, respectively.

	Arabian Petroleum IPO	Newjaisa Technologies IPO
Anchor Bid Date		Sep 22, 2023
Issue Open	Sep 25, 2023	Sep 25, 2023
Issue Close	Sep 27, 2023	Sep 27, 2023
Basis Of Allotment (Tentative)	Oct 04, 2023	Oct 04, 2023
Initiation of Refunds (Tentative)	Oct 05, 2023	Oct 05, 2023
Credit of Share (Tentative)	Oct 06, 2023	Oct 06, 2023
Listing date (Tentative)	Oct 09, 2023	Oct 05, 2023
Anchor Lockin End date 1	Nov 03, 2023	Nov 03, 2023
Anchor Lockin End date 2	Jan 02, 2024	Jan 02, 2024

Financials

Arabian Petroleum IPO P/E ratio is 11.51, as compared to Newjaisa Technologies IPO P/E ratio of 15.51.

Arabian Petroleum IPO

Newjaisa Technologies IPO

Financial

Arabian Petroleum IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,031.88	7,134.94	7,650.88
Revenue	11,024.54	19,159.10	24,394.68
Profit After Tax	287.54	414.34	486.48
Net Worth	1,301.98	1,716.32	2,202.80
Reserves and Surplus	1,101.98	1,516.32	1,402.80
Total Borrowing	2,197.75	2,948.97	3,830.66

Amount in ₹ Lakhs

Newjaisa Technologies IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	337.99	559.15	2,208.70
Revenue	960.71	2,792.50	4,453.23
Profit After Tax	73.36	180.19	675.57
Net Worth	74.36	254.55	930.12
Reserves and Surplus	73.36	218.55	894.12
Total Borrowing	162.64	181.82	743.70

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

94.23%

Promoter Shareholding (Post-Issue)

73.45%

P/E Ratio

11.51

15.51

Market Cap

₹76.24 Cr.

₹151.26 Cr.

ROE

22.08%%

72.63%%

ROCE

32.47%%

72.63%%

Debt/Equity

1.75

EPS

₹6.08

₹3.03

RoNW

22.08%%

72.63%%

Shares Offered

In the Arabian Petroleum IPO retail investors (RII) are offered 13,72,000 shares while in Newjaisa Technologies IPO retail investors are offered 13,72,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arabian Petroleum IPO and 16,14,000 shares in Newjaisa Technologies IPO.

	Arabian Petroleum IPO	Newjaisa Technologies IPO
Anchor Investor Reserveration		24,18,000 shares
Market Maker Reserveration	1,48,000 shares	4,26,000 shares
QIB	0 shares	16,14,000 shares
NII	13,72,000 shares	12,12,000 shares
RII	13,72,000 shares	28,26,000 shares
Employee	0 shares	0 shares
Others
Total	27,44,000 shares	56,52,000 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.91x in total, whereas Newjaisa Technologies IPO subscribed 6.85x.

	Arabian Petroleum IPO	Newjaisa Technologies IPO
QIB (times)		1.02x
NII (times)	15.72x	15.34x
Big NII (times)
Small NII (times)
RII (times)	23.19x	6.54x
Employee (times)
Other (times)
Total (times)	19.91x	6.85x

Compare with others

Arabian Petroleum IPO	Newjaisa Technologies IPO
Sharp Chucks And Machines IPO	Kontor Space IPO
Kontor Space IPO	Vishnusurya Projects and Infra IPO
Vishnusurya Projects and Infra IPO	E Factor Experiences IPO
E Factor Experiences IPO	Rajgor Castor Derivatives IPO
Rajgor Castor Derivatives IPO	Arabian Petroleum IPO
Newjaisa Technologies IPO	Inspire Films IPO
Inspire Films IPO	Goyal Salt IPO
Goyal Salt IPO	Saakshi Medtech and Panels IPO
Saakshi Medtech and Panels IPO	Organic Recycling Systems IPO
Organic Recycling Systems IPO	Sunita Tools IPO

Comments

Add a public comment...