Comparison between Grover Jewells IPO and Vivid Electromech IPO.
Grover Jewells IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vivid Electromech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Grover Jewells IPO | Vivid Electromech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Hem Securities Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Anant Securities | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Grover Jewells IPO is up to ₹32.13 Cr whereas the issue size of the Vivid Electromech IPO is up to ₹123.94 Cr. The final issue price of Grover Jewells IPO is ₹88.00 per share and of Vivid Electromech IPO is ₹555.00 per share.
| Grover Jewells IPO | Vivid Electromech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | ₹528.00 per share |
| Issue Price (Upper) | ₹88.00 per share | ₹555.00 per share |
| Issue Price (Final) | ₹88.00 per share | ₹555.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 240 shares |
| Fresh Issue Size | 36,51,200 shares | 17,65,200 shares |
| Fresh Issue Size (Amount) | up to ₹32.13 Cr | up to ₹97.97 Cr |
| OFS Issue Size | 0 shares | 4,68,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹25.97 Cr |
| Issue Size Total | 36,51,200 shares | 22,33,200 shares |
| Issue Size Total (Amount) | up to ₹32.13 Cr | up to ₹123.94 Cr |
Grover Jewells IPO opens on Feb 04, 2026, while Vivid Electromech IPO opens on Mar 25, 2026. The closing date of Grover Jewells IPO and Vivid Electromech IPO is Feb 06, 2026, and Mar 30, 2026, respectively.
| Grover Jewells IPO | Vivid Electromech IPO | |
|---|---|---|
| Anchor Bid Date | Feb 03, 2026 | Mar 24, 2026 |
| Issue Open | Feb 04, 2026 | Mar 25, 2026 |
| Issue Close | Feb 06, 2026 | Mar 30, 2026 |
| Basis Of Allotment (Tentative) | Feb 09, 2026 | Apr 02, 2026 |
| Initiation of Refunds (Tentative) | Feb 10, 2026 | Apr 06, 2026 |
| Credit of Share (Tentative) | Feb 10, 2026 | Apr 06, 2026 |
| Listing date (Tentative) | Feb 11, 2026 | Apr 07, 2026 |
| Anchor Lockin End date 1 | Mar 13, 2026 | May 02, 2026 |
| Anchor Lockin End date 2 | May 12, 2026 | Jul 01, 2026 |
Grover Jewells IPO P/E ratio is 12.31, as compared to Vivid Electromech IPO P/E ratio of 19.2.
| Grover Jewells IPO | Vivid Electromech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.48 | 73.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.31 | 19.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹127.66 Cr. | ₹493.27 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 117.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45 | 87.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.56 | 0.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.15 | ₹28.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.67 | 73.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Grover Jewells IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Vivid Electromech IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered 7,29,600 shares in Grover Jewells IPO and 4,46,400 shares in Vivid Electromech IPO.
| Grover Jewells IPO | Vivid Electromech IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,92,800 shares | 6,68,880 shares |
| Market Maker Reservation | 1,93,600 shares | 1,18,800 shares |
| QIB | 7,29,600 shares | 4,46,400 shares |
| NII | 5,48,800 shares | 3,35,520 shares |
| RII | 12,80,000 shares | 7,82,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 36,51,200 shares | 22,33,200 shares |
Grover Jewells IPO subscribed 13.43x in total, whereas Vivid Electromech IPO subscribed 0.74x.
| Grover Jewells IPO | Vivid Electromech IPO | |
|---|---|---|
| QIB (times) | 11.32x | 1.95x |
| NII (times) | 37.57x | 1.50x |
| Big NII (times) | 44.63x | 2.10x |
| Small NII (times) | 23.56x | 0.28x |
| RII (times) | 15.74x | 0.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 13.43x | 0.74x |
