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S J Logistics IPO vs Shanti Spintex IPO

Comparision between S J Logistics IPO and Shanti Spintex IPO.

IPO Details

S J Logistics IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shanti Spintex IPO is a SME Book Built Issue proposed to list at BSE SME.

  S J Logistics IPO Shanti Spintex IPO
Logo S J Logistics IPO Logo Shanti Spintex IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At NSE SME BSE SME
Lead Managers Hem Securities Limited Hem Securities Limited
Registrar Maashitla Securities Private Limited Kfin Technologies Limited
Market Maker Hem Finlease Private Limited Hem Finlease Private Limited
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 S J Logistics IPO is up to ₹48.00 Cr whereas the issue size of the Shanti Spintex IPO is up to ₹31.25 Cr. The final issue price of S J Logistics IPO is ₹125.00 per share and of Shanti Spintex IPO is ₹70.00 per share.

  S J Logistics IPO Shanti Spintex IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹121.00 per share ₹66.00 per share
Issue Price (Upper) ₹125.00 per share ₹70.00 per share
Issue Price (Final) ₹125.00 per share ₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1000 shares 2000 shares
Fresh Issue Size 38,40,000 shares 26,88,000 shares
Fresh Issue Size (Amount) up to ₹48.00 Cr up to ₹18.82 Cr
OFS Issue Size 17,76,000 shares
OFS Issue Size (Amount) up to ₹12.43 Cr
Issue Size Total 38,40,000 shares 44,64,000 shares
Issue Size Total (Amount) up to ₹48.00 Cr up to ₹31.25 Cr

IPO Timetable

S J Logistics IPO opens on Dec 12, 2023, while Shanti Spintex IPO opens on Dec 19, 2023. The closing date of S J Logistics IPO and Shanti Spintex IPO is Dec 14, 2023, and Dec 21, 2023, respectively.

  S J Logistics IPO Shanti Spintex IPO
Anchor Bid Date Dec 11, 2023
Issue Open Dec 12, 2023 Dec 19, 2023
Issue Close Dec 14, 2023 Dec 21, 2023
Basis Of Allotment (Tentative) Dec 15, 2023 Dec 22, 2023
Initiation of Refunds (Tentative) Dec 18, 2023 Dec 26, 2023
Credit of Share (Tentative) Dec 18, 2023 Dec 26, 2023
Listing date (Tentative) Dec 19, 2023 Dec 27, 2023
Anchor Lockin End date 1 Jan 14, 2024 Jan 21, 2024
Anchor Lockin End date 2 Mar 14, 2024 Mar 21, 2024

Financials

S J Logistics IPO P/E ratio is 14.14, as compared to Shanti Spintex IPO P/E ratio of 9.82.

  S J Logistics IPO Shanti Spintex IPO
Financial

S J Logistics (India) Limited Financial Information (Restated Consolidated)

S J Logistics (India) Limited's revenue increased by 29.88% and profit after tax (PAT) rose by 340.23% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets10,541.078,104.325,062.515,013.55
Revenue10,338.5613,500.9910,395.1812,402.88
Profit After Tax931.07761.56172.9982.99
Net Worth5,640.933,120.32
Reserves and Surplus4,576.622,825.151,342.141,169.15
Total Borrowing2,952.403,356.00
Amount in ₹ Lakhs

Shanti Spintex Limited Financial Information (Restated)

Shanti Spintex Limited's revenue increased by 45.23% and profit after tax (PAT) rose by 108.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets17,457.3117,588.3313,631.3311,926.82
Revenue16,237.6337,071.2725,526.5111,293.73
Profit After Tax523.751,012.81486.59337.53
Net Worth6,122.315,603.934,622.734,136.14
Reserves and Surplus4,702.314,893.933,912.733,426.14
Total Borrowing3,474.454,177.664,868.644,278.83
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 67.55% 87.49%
Promoter Shareholding (Post-Issue) 49.64% 73.57%
P/E Ratio 14.14 9.82
Market Cap ₹181.04 Cr. ₹118.22 Cr.
ROE 24.41%% 19.81%%
ROCE 18.58%% 10.12%%
Debt/Equity 1.08 0.75
EPS ₹8.84 ₹7.13
RoNW 24.41%% 18.07%%

Shares Offered

In the S J Logistics IPO retail investors (RII) are offered 12,77,000 shares while in Shanti Spintex IPO retail investors are offered 12,77,000 shares. Qualified institutional buyers (QIB) are offered 7,30,000 shares in S J Logistics IPO and 8,48,000 shares in Shanti Spintex IPO.

  S J Logistics IPO Shanti Spintex IPO
Anchor Investor Reserveration 10,92,000 shares 12,72,000 shares
Market Maker Reserveration 1,93,000 shares 2,24,000 shares
QIB 7,30,000 shares 8,48,000 shares
NII 5,48,000 shares 6,36,000 shares
RII 12,77,000 shares 14,84,000 shares
Employee 0 shares 0 shares
Others
Total 25,55,000 shares 29,68,000 shares

Bids Received (Subscription)

S J Logistics IPO subscribed 316.26x in total, whereas Shanti Spintex IPO subscribed 27.38x.

  S J Logistics IPO Shanti Spintex IPO
QIB (times) 116.16x 14.34x
NII (times) 489.45x 57.28x
Big NII (times)
Small NII (times)
RII (times) 356.33x 22.01x
Employee (times)
Other (times)
Total (times) 316.26x 27.38x

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