Motisons Jewellers IPO vs Credo Brands Marketing IPO

Comparison between Motisons Jewellers IPO and Credo Brands Marketing IPO.

IPO Details

Motisons Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Credo Brands Marketing IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Motisons Jewellers IPO is up to ₹151.09 Cr whereas the issue size of the Credo Brands Marketing IPO is up to ₹549.78 Cr. The final issue price of Motisons Jewellers IPO is ₹55.00 per share and of Credo Brands Marketing IPO is ₹280.00 per share.

 Motisons Jewellers IPOCredo Brands Marketing IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹52.00 per share₹266.00 per share
Issue Price (Upper)₹55.00 per share₹280.00 per share
Issue Price (Final)₹55.00 per share₹280.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size250 shares53 shares
Fresh Issue Size2,74,71,000 shares0 shares
Fresh Issue Size (Amount)up to ₹151.09 Crup to ₹0.00 Cr
OFS Issue Size0 shares1,96,34,960 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹549.78 Cr
Issue Size Total2,74,71,000 shares1,96,34,960 shares
Issue Size Total (Amount)up to ₹151.09 Crup to ₹549.78 Cr

IPO Timetable

Motisons Jewellers IPO opens on Dec 18, 2023, while Credo Brands Marketing IPO opens on Dec 19, 2023. The closing date of Motisons Jewellers IPO and Credo Brands Marketing IPO is Dec 20, 2023, and Dec 21, 2023, respectively.

 Motisons Jewellers IPOCredo Brands Marketing IPO
Anchor Bid DateDec 15, 2023Dec 18, 2023
Issue OpenDec 18, 2023Dec 19, 2023
Issue CloseDec 20, 2023Dec 21, 2023
Basis Of Allotment (Tentative)Dec 21, 2023Dec 22, 2023
Initiation of Refunds (Tentative)Dec 22, 2023Dec 26, 2023
Credit of Share (Tentative)Dec 22, 2023Dec 26, 2023
Listing date (Tentative)Dec 26, 2023Dec 27, 2023
Anchor Lockin End date 1Jan 20, 2024Jan 21, 2024
Anchor Lockin End date 2Mar 20, 2024Mar 21, 2024

Financials & KPIs

Motisons Jewellers IPO P/E ratio is 17.59, as compared to Credo Brands Marketing IPO P/E ratio of 23.22.

 Motisons Jewellers IPOCredo Brands Marketing IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets348.13336.51306.53275.42
Total Income86.76366.81314.47213.06
Profit After Tax5.4822.2014.759.67
NET Worth142.81137.40115.45100.96
Total Borrowing166.03164.54151.60141.43
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets592.38574.48476.05416.99
Total Income119.43509.32354.84261.15
Profit After Tax8.5877.5135.743.44
NET Worth289.88281.35235.73192.33
Total Borrowing11.3010.0813.4615.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.6066.66
Promoter Shareholding (Post-Issue)66.0053.66
P/E Ratio17.5923.22
Market Cap₹541.45 Cr.₹1800.45 Cr.
ROE17.56%29.98%
ROCE30.04%28.16%
Debt/Equity3.320.65
EPS₹3.42₹0.54
RoNW16.15%29.98%

Shares Offered

In the Motisons Jewellers IPO Retail Individual Investors (RII) are offered 1,06,62,250 shares while in Credo Brands Marketing IPO retail investors are offered 1,06,62,250 shares. Qualified Institutional Buyers (QIB) are offered 47,12,750 shares in Motisons Jewellers IPO and 39,26,992 shares in Credo Brands Marketing IPO.

 Motisons Jewellers IPOCredo Brands Marketing IPO
Anchor Investor Reservation66,00,000 shares58,90,488 shares
Market Maker Reservation
QIB47,12,750 shares39,26,992 shares
NII54,96,000 shares29,45,244 shares
RII1,06,62,250 shares68,72,236 shares
Employee
Others
Total2,74,71,000 shares1,96,34,960 shares

Bids Received (Subscription)

Motisons Jewellers IPO subscribed 173.23x in total, whereas Credo Brands Marketing IPO subscribed 51.85x.

 Motisons Jewellers IPOCredo Brands Marketing IPO
QIB (times)135.01x104.95x
NII (times)311.99x55.52x
Big NII (times)273.86x55.73x
Small NII (times)388.25x55.10x
RII (times)135.60x19.94x
Employee (times)
Other (times)
Total (times)173.23x51.85x

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