Comparison between Azad Engineering IPO and Motisons Jewellers IPO.
Azad Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Motisons Jewellers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Azad Engineering IPO is up to ₹740.00 Cr whereas the issue size of the Motisons Jewellers IPO is up to ₹151.09 Cr. The final issue price of Azad Engineering IPO is ₹524.00 per share and of Motisons Jewellers IPO is ₹55.00 per share.
| Azad Engineering IPO | Motisons Jewellers IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹499.00 per share | ₹52.00 per share |
| Issue Price (Upper) | ₹524.00 per share | ₹55.00 per share |
| Issue Price (Final) | ₹524.00 per share | ₹55.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 28 shares | 250 shares |
| Fresh Issue Size | 45,80,151 shares | 2,74,71,000 shares |
| Fresh Issue Size (Amount) | up to ₹240.00 Cr | up to ₹151.09 Cr |
| OFS Issue Size | 95,41,957 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹500.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,41,22,108 shares | 2,74,71,000 shares |
| Issue Size Total (Amount) | up to ₹740.00 Cr | up to ₹151.09 Cr |
Azad Engineering IPO opens on Dec 20, 2023, while Motisons Jewellers IPO opens on Dec 18, 2023. The closing date of Azad Engineering IPO and Motisons Jewellers IPO is Dec 22, 2023, and Dec 20, 2023, respectively.
| Azad Engineering IPO | Motisons Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 19, 2023 | Dec 15, 2023 |
| Issue Open | Dec 20, 2023 | Dec 18, 2023 |
| Issue Close | Dec 22, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 26, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Dec 27, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Dec 27, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Dec 28, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | Jan 25, 2024 | Jan 20, 2024 |
| Anchor Lockin End date 2 | Mar 25, 2024 | Mar 20, 2024 |
Azad Engineering IPO P/E ratio is 292.74, as compared to Motisons Jewellers IPO P/E ratio of 17.59.
| Azad Engineering IPO | Motisons Jewellers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.61 | 91.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.9 | 66.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 292.74 | 17.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3097.52 Cr. | ₹541.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 4.2% | 17.56% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.99% | 30.04% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.47 | 3.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.79 | ₹3.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 4.23% | 16.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Azad Engineering IPO Retail Individual Investors (RII) are offered 49,16,021 shares while in Motisons Jewellers IPO retail investors are offered 49,16,021 shares. Qualified Institutional Buyers (QIB) are offered 28,09,155 shares in Azad Engineering IPO and 47,12,750 shares in Motisons Jewellers IPO.
| Azad Engineering IPO | Motisons Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,13,731 shares | 66,00,000 shares |
| Market Maker Reservation | ||
| QIB | 28,09,155 shares | 47,12,750 shares |
| NII | 21,06,866 shares | 54,96,000 shares |
| RII | 49,16,021 shares | 1,06,62,250 shares |
| Employee | 76,335 shares | |
| Others | ||
| Total | 1,41,22,108 shares | 2,74,71,000 shares |
Azad Engineering IPO subscribed 83.04x in total, whereas Motisons Jewellers IPO subscribed 173.23x.
| Azad Engineering IPO | Motisons Jewellers IPO | |
|---|---|---|
| QIB (times) | 179.64x | 135.01x |
| NII (times) | 90.24x | 311.99x |
| Big NII (times) | 93.30x | 273.86x |
| Small NII (times) | 84.12x | 388.25x |
| RII (times) | 24.51x | 135.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 83.04x | 173.23x |
