Comparison between Credo Brands Marketing IPO and RBZ Jewellers IPO.
Credo Brands Marketing IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RBZ Jewellers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Credo Brands Marketing IPO is up to ₹549.78 Cr whereas the issue size of the RBZ Jewellers IPO is up to ₹100.00 Cr. The final issue price of Credo Brands Marketing IPO is ₹280.00 per share and of RBZ Jewellers IPO is ₹100.00 per share.
| Credo Brands Marketing IPO | RBZ Jewellers IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹266.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹280.00 per share | ₹100.00 per share |
| Issue Price (Final) | ₹280.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 53 shares | 150 shares |
| Fresh Issue Size | 0 shares | 1,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹100.00 Cr |
| OFS Issue Size | 1,96,34,960 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹549.78 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,96,34,960 shares | 1,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹549.78 Cr | up to ₹100.00 Cr |
Credo Brands Marketing IPO opens on Dec 19, 2023, while RBZ Jewellers IPO opens on Dec 19, 2023. The closing date of Credo Brands Marketing IPO and RBZ Jewellers IPO is Dec 21, 2023, and Dec 21, 2023, respectively.
| Credo Brands Marketing IPO | RBZ Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 18, 2023 | Dec 18, 2023 |
| Issue Open | Dec 19, 2023 | Dec 19, 2023 |
| Issue Close | Dec 21, 2023 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Dec 22, 2023 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Dec 26, 2023 | Dec 26, 2023 |
| Credit of Share (Tentative) | Dec 26, 2023 | Dec 26, 2023 |
| Listing date (Tentative) | Dec 27, 2023 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jan 21, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Mar 21, 2024 | Mar 21, 2024 |
Credo Brands Marketing IPO P/E ratio is 23.22, as compared to RBZ Jewellers IPO P/E ratio of 13.77.
| Credo Brands Marketing IPO | RBZ Jewellers IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.66 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.66 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.22 | 13.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1800.45 Cr. | ₹400.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.98% | 27.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.16% | 27.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | 1.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.54 | ₹7.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.98% | 20.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Credo Brands Marketing IPO Retail Individual Investors (RII) are offered 68,72,236 shares while in RBZ Jewellers IPO retail investors are offered 68,72,236 shares. Qualified Institutional Buyers (QIB) are offered 39,26,992 shares in Credo Brands Marketing IPO and 14,00,000 shares in RBZ Jewellers IPO.
| Credo Brands Marketing IPO | RBZ Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,90,488 shares | 21,00,000 shares |
| Market Maker Reservation | ||
| QIB | 39,26,992 shares | 14,00,000 shares |
| NII | 29,45,244 shares | 30,00,000 shares |
| RII | 68,72,236 shares | 35,00,000 shares |
| Employee | ||
| Others | ||
| Total | 1,96,34,960 shares | 1,00,00,000 shares |
Credo Brands Marketing IPO subscribed 51.85x in total, whereas RBZ Jewellers IPO subscribed 16.86x.
| Credo Brands Marketing IPO | RBZ Jewellers IPO | |
|---|---|---|
| QIB (times) | 104.95x | 13.43x |
| NII (times) | 55.52x | 9.27x |
| Big NII (times) | 55.73x | 6.79x |
| Small NII (times) | 55.10x | 14.21x |
| RII (times) | 19.94x | 24.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 51.85x | 16.86x |
