Manoj Vaibhav Gems 'N' Jewellers IPO vs Zaggle Prepaid Ocean IPO

Comparison between Manoj Vaibhav Gems 'N' Jewellers IPO and Zaggle Prepaid Ocean IPO.

IPO Details

Manoj Vaibhav Gems 'N' Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Zaggle Prepaid Ocean IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Manoj Vaibhav Gems 'N' Jewellers IPO is up to ₹270.20 Cr whereas the issue size of the Zaggle Prepaid Ocean IPO is up to ₹563.38 Cr. The final issue price of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹215.00 per share and of Zaggle Prepaid Ocean IPO is ₹164.00 per share.

 Manoj Vaibhav Gems 'N' Jewellers IPOZaggle Prepaid Ocean IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹204.00 per share₹156.00 per share
Issue Price (Upper)₹215.00 per share₹164.00 per share
Issue Price (Final)₹215.00 per share₹164.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size69 shares90 shares
Fresh Issue Size97,67,441 shares2,39,02,439 shares
Fresh Issue Size (Amount)up to ₹210.00 Crup to ₹392.00 Cr
OFS Issue Size28,00,000 shares1,04,49,816 shares
OFS Issue Size (Amount)up to ₹60.20 Crup to ₹171.38 Cr
Issue Size Total1,25,67,441 shares3,43,52,255 shares
Issue Size Total (Amount)up to ₹270.20 Crup to ₹563.38 Cr

IPO Timetable

Manoj Vaibhav Gems 'N' Jewellers IPO opens on Sep 22, 2023, while Zaggle Prepaid Ocean IPO opens on Sep 14, 2023. The closing date of Manoj Vaibhav Gems 'N' Jewellers IPO and Zaggle Prepaid Ocean IPO is Sep 26, 2023, and Sep 18, 2023, respectively.

 Manoj Vaibhav Gems 'N' Jewellers IPOZaggle Prepaid Ocean IPO
Anchor Bid DateSep 21, 2023Sep 13, 2023
Issue OpenSep 22, 2023Sep 14, 2023
Issue CloseSep 26, 2023Sep 18, 2023
Basis Of Allotment (Tentative)Sep 27, 2023Sep 22, 2023
Initiation of Refunds (Tentative)Sep 29, 2023Sep 25, 2023
Credit of Share (Tentative)Sep 29, 2023Sep 26, 2023
Listing date (Tentative)Oct 03, 2023Sep 22, 2023
Anchor Lockin End date 1Oct 27, 2023Oct 22, 2023
Anchor Lockin End date 2Dec 26, 2023Dec 21, 2023

Financials & KPIs

Manoj Vaibhav Gems 'N' Jewellers IPO P/E ratio is 11.74, as compared to Zaggle Prepaid Ocean IPO P/E ratio of 66.67.

 Manoj Vaibhav Gems 'N' Jewellers IPOZaggle Prepaid Ocean IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets1,082.821,077.86899.53803.10818.62
Total Income510.212,031.301,697.701,443.181,284.30
Profit After Tax19.2471.6043.6820.7424.39
NET Worth363.65344.55272.86228.99208.08
Reserves and Surplus324.57305.47263.09219.22198.31
Total Borrowing460.39460.00477.73463.43419.32
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 2023
Assets234.76
Total Income554.58
Profit After Tax22.90
NET Worth48.75
Reserves and Surplus39.36
Total Borrowing121.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0057.91
Promoter Shareholding (Post-Issue)74.27
P/E Ratio11.7466.67
Market Cap₹1050.22 Cr.₹2002.00 Cr.
ROE23.19%46.98%
ROCE17.71%
Debt/Equity1.342.48
EPS₹18.32₹2.46
RoNW20.78%46.98%

Shares Offered

In the Manoj Vaibhav Gems 'N' Jewellers IPO Retail Individual Investors (RII) are offered 43,98,605 shares while in Zaggle Prepaid Ocean 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 1,03,05,677 shares in Zaggle Prepaid Ocean IPO.

 Manoj Vaibhav Gems 'N' Jewellers IPOZaggle Prepaid Ocean IPO
Anchor Investor Reservation37,70,160 shares1,54,58,515 shares
Market Maker Reservation
QIB25,13,559 shares1,03,05,677 shares
NII18,85,117 shares51,52,838 shares
RII43,98,605 shares34,35,225 shares
Employee
Others
Total1,25,67,441 shares3,43,52,255 shares

Bids Received (Subscription)

Manoj Vaibhav Gems 'N' Jewellers IPO subscribed 2.33x in total, whereas Zaggle Prepaid Ocean IPO subscribed 12.86x.

 Manoj Vaibhav Gems 'N' Jewellers IPOZaggle Prepaid Ocean IPO
QIB (times)1.08x16.94x
NII (times)5.40x9.16x
Big NII (times)6.35x10.36x
Small NII (times)3.49x6.76x
RII (times)1.73x6.15x
Employee (times)
Other (times)
Total (times)2.33x12.86x

Compare with others

Compare: