Grover Jewells IPO vs Propshop Events & Exhibitions IPO

Comparison between Grover Jewells IPO and Propshop Events & Exhibitions IPO.

IPO Details

Grover Jewells IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Propshop Events & Exhibitions IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Grover Jewells IPO is up to ₹32.13 Cr whereas the issue size of the Propshop Events & Exhibitions IPO is up to ₹27.08 Cr. The final issue price of Grover Jewells IPO is ₹88.00 per share and of Propshop Events & Exhibitions IPO is .

 Grover Jewells IPOPropshop Events & Exhibitions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹83.00 per share₹65.00 per share
Issue Price (Upper)₹88.00 per share₹69.00 per share
Issue Price (Final)₹88.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size36,51,200 shares31,24,000 shares
Fresh Issue Size (Amount)up to ₹32.13 Crup to ₹21.56 Cr
OFS Issue Size0 shares8,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹5.52 Cr
Issue Size Total36,51,200 shares39,24,000 shares
Issue Size Total (Amount)up to ₹32.13 Crup to ₹27.08 Cr

IPO Timetable

Grover Jewells IPO opens on Feb 04, 2026, while Propshop Events & Exhibitions IPO opens on Jul 27, 2026. The closing date of Grover Jewells IPO and Propshop Events & Exhibitions IPO is Feb 06, 2026, and Jul 29, 2026, respectively.

 Grover Jewells IPOPropshop Events & Exhibitions IPO
Anchor Bid DateFeb 03, 2026Jul 24, 2026
Issue OpenFeb 04, 2026Jul 27, 2026
Issue CloseFeb 06, 2026Jul 29, 2026
Basis Of Allotment (Tentative)Feb 09, 2026Jul 30, 2026
Initiation of Refunds (Tentative)Feb 10, 2026Jul 31, 2026
Credit of Share (Tentative)Feb 10, 2026Jul 31, 2026
Listing date (Tentative)Feb 11, 2026Aug 03, 2026
Anchor Lockin End date 1Mar 13, 2026Aug 29, 2026
Anchor Lockin End date 2May 12, 2026Oct 28, 2026

Financials & KPIs

Grover Jewells IPO P/E ratio is 12.31, as compared to Propshop Events & Exhibitions IPO P/E ratio of 12.32.

 Grover Jewells IPOPropshop Events & Exhibitions IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 202531 Mar 202531 Mar 202431 Mar 2023
Assets67.5129.8513.9111.71
Total Income473.22460.95258.00255.11
Profit After Tax10.457.622.782.71
EBITDA14.6211.264.714.10
NET Worth27.1416.699.076.29
Reserves and Surplus16.4814.036.413.63
Total Borrowing28.309.344.173.74
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets18.4611.108.15
Total Income51.5930.5725.93
Profit After Tax6.322.190.97
EBITDA8.552.951.28
NET Worth11.324.171.05
Reserves and Surplus8.562.241.04
Total Borrowing0.630.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10094.55
Promoter Shareholding (Post-Issue)73.4867.50
P/E Ratio12.3112.32
Market Cap₹127.66 Cr.₹100.95 Cr.
ROE81.67
ROCE4574.14
Debt/Equity0.560.06
EPS₹7.15₹5.60
RoNW45.6755.86

Shares Offered

In the Grover Jewells IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Propshop Events & Exhibitions IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered 7,29,600 shares in Grover Jewells IPO and 0 shares in Propshop Events & Exhibitions IPO.

 Grover Jewells IPOPropshop Events & Exhibitions IPO
Anchor Investor Reservation10,92,800 shares0 shares
Market Maker Reservation1,93,600 shares2,16,000 shares
QIB7,29,600 shares0 shares
NII5,48,800 shares0 shares
RII12,80,000 shares0 shares
Employee0 shares0 shares
Others
Total36,51,200 shares0 shares

Bids Received (Subscription)

Grover Jewells IPO subscribed 13.43x in total, whereas Propshop Events & Exhibitions IPO subscribed .

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Grover Jewells IPO Vs Propshop Events & Exhibitions IPO