Dhyaani Tile IPO vs Eighty Jewellers IPO

Comparison between Dhyaani Tile IPO and Eighty Jewellers IPO.

IPO Details

Dhyaani Tile IPO is a SME Fixed Price IPO proposed to list at BSE SME while Eighty Jewellers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dhyaani Tile IPO is up to ₹2.33 Cr whereas the issue size of the Eighty Jewellers IPO is up to ₹10.50 Cr. The final issue price of Dhyaani Tile IPO is ₹51.00 per share and of Eighty Jewellers IPO is ₹41.00 per share.

 Dhyaani Tile IPOEighty Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size4,56,000 shares25,62,000 shares
Fresh Issue Size (Amount)up to ₹2.33 Crup to ₹10.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,56,000 shares25,62,000 shares
Issue Size Total (Amount)up to ₹2.33 Crup to ₹10.50 Cr

IPO Timetable

Dhyaani Tile IPO opens on Mar 30, 2022, while Eighty Jewellers IPO opens on Mar 31, 2022. The closing date of Dhyaani Tile IPO and Eighty Jewellers IPO is Apr 04, 2022, and Apr 05, 2022, respectively.

 Dhyaani Tile IPOEighty Jewellers IPO
Issue OpenMar 30, 2022Mar 31, 2022
Issue CloseApr 04, 2022Apr 05, 2022
Basis Of Allotment (Tentative)Apr 07, 2022Apr 08, 2022
Initiation of Refunds (Tentative)Apr 08, 2022Apr 11, 2022
Credit of Share (Tentative)Apr 11, 2022Apr 12, 2022
Listing date (Tentative)Apr 12, 2022Apr 13, 2022

Financials & KPIs

Dhyaani Tile IPO P/E ratio is 15.94, as compared to Eighty Jewellers IPO P/E ratio of 25.15.

 Dhyaani Tile IPOEighty Jewellers IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets18.086.3714.3110.17
Total Income10.4115.117.139.36
Profit After Tax0.240.27-0.070.10
EBITDA0.320.37-0.100.13
NET Worth0.580.340.070.14
Reserves and Surplus0.530.290.020.09
Total Borrowing0.180.000.810.45
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets33.9931.9731.7527.46
Total Income44.3678.6964.9181.92
Profit After Tax0.833.771.551.00
EBITDA1.506.213.552.80
NET Worth10.129.295.523.97
Reserves and Surplus2.628.454.693.13
Total Borrowing13.1712.3515.6512.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.92%100%
Promoter Shareholding (Post-Issue)66.32%73.53%
P/E Ratio15.9425.15
Market Cap₹7.75 Cr.₹41.82 Cr.
ROE40.58
ROCE51.43
Debt/Equity2.521.33
EPS₹2.59₹5.03
RoNW78.9940.58

Shares Offered

In the Dhyaani Tile IPO Retail Individual Investors (RII) are offered 2,28,000 shares while in Eighty Jewellers IPO retail investors are offered 2,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Dhyaani Tile IPO and in Eighty Jewellers IPO.

 Dhyaani Tile IPOEighty Jewellers IPO
Market Maker Reservation24,000 shares1,38,000 shares
NII2,28,000 shares12,81,000 shares
RII2,28,000 shares12,81,000 shares
Total4,56,000 shares25,62,000 shares

Bids Received (Subscription)

Dhyaani Tile IPO subscribed 2.16x in total, whereas Eighty Jewellers IPO subscribed 2.45x.

 Dhyaani Tile IPOEighty Jewellers IPO
NII (times)1.96x2.88x
RII (times)2.36x2.03x
Total (times)2.16x2.45x

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Dhyaani Tile IPO Vs Eighty Jewellers IPO