Comparison between Eighty Jewellers IPO and Le Merite Exports IPO.
Eighty Jewellers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Le Merite Exports IPO is a SME Fixed Price proposed to list at NSE SME.
| Eighty Jewellers IPO | Le Merite Exports IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Eighty Jewellers IPO is up to ₹10.50 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹45.48 Cr. The final issue price of Eighty Jewellers IPO is ₹41.00 per share and of Le Merite Exports IPO is ₹75.00 per share.
| Eighty Jewellers IPO | Le Merite Exports IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹41.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 25,62,000 shares | 60,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.50 Cr | up to ₹45.48 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 25,62,000 shares | 60,64,000 shares |
| Issue Size Total (Amount) | up to ₹10.50 Cr | up to ₹45.48 Cr |
Eighty Jewellers IPO opens on Mar 31, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Eighty Jewellers IPO and Le Merite Exports IPO is Apr 05, 2022, and Apr 28, 2022, respectively.
| Eighty Jewellers IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 31, 2022 | Apr 25, 2022 |
| Issue Close | Apr 05, 2022 | Apr 28, 2022 |
| Basis Of Allotment (Tentative) | Apr 08, 2022 | |
| Initiation of Refunds (Tentative) | Apr 11, 2022 | |
| Credit of Share (Tentative) | Apr 12, 2022 | |
| Listing date (Tentative) | Apr 13, 2022 | May 09, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Eighty Jewellers IPO P/E ratio is 25.15, as compared to Le Merite Exports IPO P/E ratio of 11.09.
| Eighty Jewellers IPO | Le Merite Exports IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 25.15 | 11.09 | ||||
| Market Cap | ₹41.82 Cr. | ₹176.11 Cr. | ||||
| ROE | 40.58 | 28.99 | ||||
| ROCE | 51.43 | 43.03 | ||||
| Debt/Equity | 1.33 | |||||
| EPS | ₹5.03 | ₹41.31 | ||||
| RoNW | 40.58 | 28.99 |
In the Eighty Jewellers IPO Retail Individual Investors (RII) are offered 12,81,000 shares while in Le Merite Exports IPO retail investors are offered 12,81,000 shares. Qualified Institutional Buyers (QIB) are offered in Eighty Jewellers IPO and in Le Merite Exports IPO.
| Eighty Jewellers IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,38,000 shares | 3,36,000 shares |
| QIB | ||
| NII | 12,81,000 shares | 30,32,000 shares |
| RII | 12,81,000 shares | 30,32,000 shares |
| Employee | ||
| Others | ||
| Total | 25,62,000 shares | 60,64,000 shares |
Eighty Jewellers IPO subscribed 2.45x in total, whereas Le Merite Exports IPO subscribed 15.69x.
| Eighty Jewellers IPO | Le Merite Exports IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.88x | 15.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.03x | 16.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.45x | 15.69x |
