Eighty Jewellers IPO vs Empyrean Cashews IPO

Comparison between Eighty Jewellers IPO and Empyrean Cashews IPO.

IPO Details

Eighty Jewellers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Empyrean Cashews IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Eighty Jewellers IPO is up to ₹10.50 Cr whereas the issue size of the Empyrean Cashews IPO is up to ₹18.44 Cr. The final issue price of Eighty Jewellers IPO is ₹41.00 per share and of Empyrean Cashews IPO is ₹37.00 per share.

 Eighty Jewellers IPOEmpyrean Cashews IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹41.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size25,62,000 shares49,83,000 shares
Fresh Issue Size (Amount)up to ₹10.50 Crup to ₹18.44 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,62,000 shares49,83,000 shares
Issue Size Total (Amount)up to ₹10.50 Crup to ₹18.44 Cr

IPO Timetable

Eighty Jewellers IPO opens on Mar 31, 2022, while Empyrean Cashews IPO opens on Mar 21, 2022. The closing date of Eighty Jewellers IPO and Empyrean Cashews IPO is Apr 05, 2022, and Mar 23, 2022, respectively.

 Eighty Jewellers IPOEmpyrean Cashews IPO
Issue OpenMar 31, 2022Mar 21, 2022
Issue CloseApr 05, 2022Mar 23, 2022
Basis Of Allotment (Tentative)Apr 08, 2022Mar 28, 2022
Initiation of Refunds (Tentative)Apr 11, 2022Mar 30, 2022
Credit of Share (Tentative)Apr 12, 2022Mar 30, 2022
Listing date (Tentative)Apr 13, 2022Mar 31, 2022

Financials & KPIs

Eighty Jewellers IPO P/E ratio is 25.15, as compared to Empyrean Cashews IPO P/E ratio of 25.69.

 Eighty Jewellers IPOEmpyrean Cashews IPO
Financials

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

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets71.8463.7052.7655.05
Total Income30.53115.5794.28121.06
Profit After Tax3.323.880.761.33
EBITDA5.7410.105.677.61
NET Worth25.2221.8317.9517.21
Reserves and Surplus17.6219.1715.2914.55
Total Borrowing38.7636.0829.1133.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%48.5%
Promoter Shareholding (Post-Issue)73.53%34.91%
P/E Ratio25.1525.69
Market Cap₹41.82 Cr.₹73.24 Cr.
ROE40.58
ROCE51.43
Debt/Equity1.33
EPS₹5.03₹0.46
RoNW40.583.44

Shares Offered

In the Eighty Jewellers IPO Retail Individual Investors (RII) are offered 12,81,000 shares while in Empyrean Cashews IPO retail investors are offered 12,81,000 shares. Qualified Institutional Buyers (QIB) are offered in Eighty Jewellers IPO and in Empyrean Cashews IPO.

 Eighty Jewellers IPOEmpyrean Cashews IPO
Market Maker Reservation1,38,000 shares2,64,000 shares
NII12,81,000 shares24,91,500 shares
RII12,81,000 shares24,91,500 shares
Total25,62,000 shares49,83,000 shares

Bids Received (Subscription)

Eighty Jewellers IPO subscribed 2.45x in total, whereas Empyrean Cashews IPO subscribed 2.28x.

 Eighty Jewellers IPOEmpyrean Cashews IPO
NII (times)2.88x2.92x
RII (times)2.03x1.63x
Total (times)2.45x2.28x

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Eighty Jewellers IPO Vs Empyrean Cashews IPO