Motisons Jewellers IPO vs Suraj Estate Developers IPO

Comparison between Motisons Jewellers IPO and Suraj Estate Developers IPO.

IPO Details

Motisons Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Suraj Estate Developers 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 Suraj Estate Developers IPO is up to ₹400.00 Cr. The final issue price of Motisons Jewellers IPO is ₹55.00 per share and of Suraj Estate Developers IPO is ₹360.00 per share.

 Motisons Jewellers IPOSuraj Estate Developers IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹52.00 per share₹340.00 per share
Issue Price (Upper)₹55.00 per share₹360.00 per share
Issue Price (Final)₹55.00 per share₹360.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size250 shares41 shares
Fresh Issue Size2,74,71,000 shares1,11,11,111 shares
Fresh Issue Size (Amount)up to ₹151.09 Crup to ₹400.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total2,74,71,000 shares1,11,11,111 shares
Issue Size Total (Amount)up to ₹151.09 Crup to ₹400.00 Cr

IPO Timetable

Motisons Jewellers IPO opens on Dec 18, 2023, while Suraj Estate Developers IPO opens on Dec 18, 2023. The closing date of Motisons Jewellers IPO and Suraj Estate Developers IPO is Dec 20, 2023, and Dec 20, 2023, respectively.

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

Financials & KPIs

Motisons Jewellers IPO P/E ratio is 17.59, as compared to Suraj Estate Developers IPO P/E ratio of 35.64.

 Motisons Jewellers IPOSuraj Estate Developers 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
Assets994.73942.58864.00792.00
Total Income102.81307.89273.91244.00
Profit After Tax14.5332.0626.506.28
NET Worth86.1171.3939.1629.15
Reserves and Surplus70.2955.4823.3222.94
Total Borrowing598.50593.09638.16600.48
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.60100
Promoter Shareholding (Post-Issue)66.0074.95
P/E Ratio17.5935.64
Market Cap₹541.45 Cr.₹1597.00 Cr.
ROE17.56%58.18%
ROCE30.04%21.93%
Debt/Equity3.328.31
EPS₹3.42₹10.10
RoNW16.15%58.18%

Shares Offered

In the Motisons Jewellers IPO Retail Individual Investors (RII) are offered 1,06,62,250 shares while in Suraj Estate Developers 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 22,22,222 shares in Suraj Estate Developers IPO.

 Motisons Jewellers IPOSuraj Estate Developers IPO
Anchor Investor Reservation66,00,000 shares33,33,333 shares
Market Maker Reservation
QIB47,12,750 shares22,22,222 shares
NII54,96,000 shares16,66,667 shares
RII1,06,62,250 shares38,88,889 shares
Employee
Others
Total2,74,71,000 shares1,11,11,111 shares

Bids Received (Subscription)

Motisons Jewellers IPO subscribed 173.23x in total, whereas Suraj Estate Developers IPO subscribed 16.57x.

 Motisons Jewellers IPOSuraj Estate Developers IPO
QIB (times)135.01x25.74x
NII (times)311.99x20.02x
Big NII (times)273.86x18.37x
Small NII (times)388.25x23.31x
RII (times)135.60x9.85x
Employee (times)
Other (times)
Total (times)173.23x16.57x

Compare with others

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Motisons Jewellers IPO Vs Suraj Estate Developers IPO