Comparison between Manoj Vaibhav Gems 'N' Jewellers IPO and Updater IPO.
Manoj Vaibhav Gems 'N' Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Updater IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Manoj Vaibhav Gems 'N' Jewellers IPO is up to ₹270.20 Cr whereas the issue size of the Updater IPO is up to ₹640.00 Cr. The final issue price of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹215.00 per share and of Updater IPO is ₹300.00 per share.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Updater IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹204.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹215.00 per share | ₹300.00 per share |
| Issue Price (Final) | ₹215.00 per share | ₹300.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 69 shares | 50 shares |
| Fresh Issue Size | 97,67,441 shares | 1,33,33,333 shares |
| Fresh Issue Size (Amount) | up to ₹210.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 28,00,000 shares | 80,00,000 shares |
| OFS Issue Size (Amount) | up to ₹60.20 Cr | up to ₹240.00 Cr |
| Issue Size Total | 1,25,67,441 shares | 2,13,33,333 shares |
| Issue Size Total (Amount) | up to ₹270.20 Cr | up to ₹640.00 Cr |
Manoj Vaibhav Gems 'N' Jewellers IPO opens on Sep 22, 2023, while Updater IPO opens on Sep 25, 2023. The closing date of Manoj Vaibhav Gems 'N' Jewellers IPO and Updater IPO is Sep 26, 2023, and Sep 27, 2023, respectively.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Updater IPO | |
|---|---|---|
| Anchor Bid Date | Sep 21, 2023 | Sep 22, 2023 |
| Issue Open | Sep 22, 2023 | Sep 25, 2023 |
| Issue Close | Sep 26, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Sep 27, 2023 | Sep 28, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Sep 29, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Oct 03, 2023 | Oct 04, 2023 |
| Anchor Lockin End date 1 | Oct 27, 2023 | Oct 28, 2023 |
| Anchor Lockin End date 2 | Dec 26, 2023 | Dec 27, 2023 |
Manoj Vaibhav Gems 'N' Jewellers IPO P/E ratio is 11.74, as compared to Updater IPO P/E ratio of 44.31.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Updater IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 80.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.27 | 58.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.74 | 44.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1050.22 Cr. | ₹2001.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.19% | 9.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.71% | 14.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.34 | 0.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.32 | ₹6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.78% | 9.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Manoj Vaibhav Gems 'N' Jewellers IPO Retail Individual Investors (RII) are offered 43,98,605 shares while in Updater IPO retail investors are offered 43,98,605 shares. Qualified Institutional Buyers (QIB) are offered 25,13,559 shares in Manoj Vaibhav Gems 'N' Jewellers IPO and 64,00,001 shares in Updater IPO.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Updater IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,70,160 shares | 96,00,000 shares |
| Market Maker Reservation | ||
| QIB | 25,13,559 shares | 64,00,001 shares |
| NII | 18,85,117 shares | 31,99,999 shares |
| RII | 43,98,605 shares | 21,33,333 shares |
| Employee | ||
| Others | ||
| Total | 1,25,67,441 shares | 2,13,33,333 shares |
Manoj Vaibhav Gems 'N' Jewellers IPO subscribed 2.33x in total, whereas Updater IPO subscribed 2.96x.
| Manoj Vaibhav Gems 'N' Jewellers IPO | Updater IPO | |
|---|---|---|
| QIB (times) | 1.08x | 4.50x |
| NII (times) | 5.40x | 0.89x |
| Big NII (times) | 6.35x | 1.07x |
| Small NII (times) | 3.49x | 0.53x |
| RII (times) | 1.73x | 1.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.33x | 2.96x |
