Comparison between IRM Energy IPO and Manoj Vaibhav Gems 'N' Jewellers IPO.
IRM Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Manoj Vaibhav Gems 'N' Jewellers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRM Energy IPO is up to ₹545.00 Cr whereas the issue size of the Manoj Vaibhav Gems 'N' Jewellers IPO is up to ₹270.20 Cr. The final issue price of IRM Energy IPO is ₹505.00 per share and of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹215.00 per share.
| IRM Energy IPO | Manoj Vaibhav Gems 'N' Jewellers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹480.00 per share | ₹204.00 per share |
| Issue Price (Upper) | ₹505.00 per share | ₹215.00 per share |
| Issue Price (Final) | ₹505.00 per share | ₹215.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 29 shares | 69 shares |
| Fresh Issue Size | 1,08,00,000 shares | 97,67,441 shares |
| Fresh Issue Size (Amount) | up to ₹545.00 Cr | up to ₹210.00 Cr |
| OFS Issue Size | 0 shares | 28,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹60.20 Cr |
| Issue Size Total | 1,08,00,000 shares | 1,25,67,441 shares |
| Issue Size Total (Amount) | up to ₹545.00 Cr | up to ₹270.20 Cr |
IRM Energy IPO opens on Oct 18, 2023, while Manoj Vaibhav Gems 'N' Jewellers IPO opens on Sep 22, 2023. The closing date of IRM Energy IPO and Manoj Vaibhav Gems 'N' Jewellers IPO is Oct 20, 2023, and Sep 26, 2023, respectively.
| IRM Energy IPO | Manoj Vaibhav Gems 'N' Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Oct 17, 2023 | Sep 21, 2023 |
| Issue Open | Oct 18, 2023 | Sep 22, 2023 |
| Issue Close | Oct 20, 2023 | Sep 26, 2023 |
| Basis Of Allotment (Tentative) | Oct 27, 2023 | Sep 27, 2023 |
| Initiation of Refunds (Tentative) | Oct 27, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Oct 30, 2023 | Sep 29, 2023 |
| Listing date (Tentative) | Oct 26, 2023 | Oct 03, 2023 |
| Anchor Lockin End date 1 | Nov 26, 2023 | Oct 27, 2023 |
| Anchor Lockin End date 2 | Jan 25, 2024 | Dec 26, 2023 |
IRM Energy IPO P/E ratio is 24.13, as compared to Manoj Vaibhav Gems 'N' Jewellers IPO P/E ratio of 11.74.
| IRM Energy IPO | Manoj Vaibhav Gems 'N' Jewellers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.94 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.13 | 11.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2073.51 Cr. | ₹1050.22 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.23% | 23.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.19% | 17.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.93 | 1.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹20.93 | ₹18.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.23% | 20.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IRM Energy IPO Retail Individual Investors (RII) are offered 37,04,400 shares while in Manoj Vaibhav Gems 'N' Jewellers IPO retail investors are offered 37,04,400 shares. Qualified Institutional Buyers (QIB) are offered 21,16,800 shares in IRM Energy IPO and 25,13,559 shares in Manoj Vaibhav Gems 'N' Jewellers IPO.
| IRM Energy IPO | Manoj Vaibhav Gems 'N' Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,75,200 shares | 37,70,160 shares |
| Market Maker Reservation | ||
| QIB | 21,16,800 shares | 25,13,559 shares |
| NII | 15,87,600 shares | 18,85,117 shares |
| RII | 37,04,400 shares | 43,98,605 shares |
| Employee | 2,16,000 shares | |
| Others | ||
| Total | 1,08,00,000 shares | 1,25,67,441 shares |
IRM Energy IPO subscribed 27.05x in total, whereas Manoj Vaibhav Gems 'N' Jewellers IPO subscribed 2.33x.
| IRM Energy IPO | Manoj Vaibhav Gems 'N' Jewellers IPO | |
|---|---|---|
| QIB (times) | 44.73x | 1.08x |
| NII (times) | 48.34x | 5.40x |
| Big NII (times) | 52.29x | 6.35x |
| Small NII (times) | 40.46x | 3.49x |
| RII (times) | 9.29x | 1.73x |
| Employee (times) | 2.05x | |
| Other (times) | ||
| Total (times) | 27.05x | 2.33x |
