Muthoot Microfin IPO vs RBZ Jewellers IPO

Comparison between Muthoot Microfin IPO and RBZ Jewellers IPO.

IPO Details

Muthoot Microfin 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.

Issue Size and Price

The total issue size of Muthoot Microfin IPO is up to ₹960.00 Cr whereas the issue size of the RBZ Jewellers IPO is up to ₹100.00 Cr. The final issue price of Muthoot Microfin IPO is ₹291.00 per share and of RBZ Jewellers IPO is ₹100.00 per share.

 Muthoot Microfin IPORBZ Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹277.00 per share₹95.00 per share
Issue Price (Upper)₹291.00 per share₹100.00 per share
Issue Price (Final)₹291.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹14.00 per share
Market Lot Size51 shares150 shares
Fresh Issue Size2,61,34,205 shares1,00,00,000 shares
Fresh Issue Size (Amount)up to ₹760.11 Crup to ₹100.00 Cr
OFS Issue Size68,72,849 shares0 shares
OFS Issue Size (Amount)up to ₹199.89 Crup to ₹0.00 Cr
Issue Size Total3,30,07,054 shares1,00,00,000 shares
Issue Size Total (Amount)up to ₹960.00 Crup to ₹100.00 Cr

IPO Timetable

Muthoot Microfin IPO opens on Dec 18, 2023, while RBZ Jewellers IPO opens on Dec 19, 2023. The closing date of Muthoot Microfin IPO and RBZ Jewellers IPO is Dec 20, 2023, and Dec 21, 2023, respectively.

 Muthoot Microfin IPORBZ Jewellers 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

Muthoot Microfin IPO P/E ratio is 24.96, as compared to RBZ Jewellers IPO P/E ratio of 13.77.

 Muthoot Microfin IPORBZ Jewellers IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets8,529.205,591.464,183.85
Total Income1,446.34842.94696.28
Profit After Tax163.8947.407.05
NET Worth1,625.851,336.58889.89
Reserves and Surplus1,282.151,040.10642.84
Total Borrowing6,493.183,996.613,015.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets234.76206.84154.03123.74
Total Income125.52289.63252.53107.71
Profit After Tax12.0922.3314.419.75
NET Worth104.5792.4770.0355.55
Reserves and Surplus74.0261.9365.6051.19
Total Borrowing101.8495.7959.7154.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)69.08100
Promoter Shareholding (Post-Issue)55.4775
P/E Ratio24.9613.77
Market Cap₹4960.82 Cr.₹400.00 Cr.
ROE11.06%27.49%
ROCE27.49%
Debt/Equity3.991.02
EPS₹11.98₹7.44
RoNW10.08%20.08%

Shares Offered

In the Muthoot Microfin IPO Retail Individual Investors (RII) are offered 1,14,26,116 shares while in RBZ Jewellers IPO retail investors are offered 1,14,26,116 shares. Qualified Institutional Buyers (QIB) are offered 65,29,209 shares in Muthoot Microfin IPO and 14,00,000 shares in RBZ Jewellers IPO.

 Muthoot Microfin IPORBZ Jewellers IPO
Anchor Investor Reservation97,93,812 shares21,00,000 shares
Market Maker Reservation
QIB65,29,209 shares14,00,000 shares
NII48,96,907 shares30,00,000 shares
RII1,14,26,116 shares35,00,000 shares
Employee3,61,010 shares
Others
Total3,30,07,054 shares1,00,00,000 shares

Bids Received (Subscription)

Muthoot Microfin IPO subscribed 12.30x in total, whereas RBZ Jewellers IPO subscribed 16.86x.

 Muthoot Microfin IPORBZ Jewellers IPO
QIB (times)18.35x13.43x
NII (times)13.87x9.27x
Big NII (times)12.96x6.79x
Small NII (times)15.69x14.21x
RII (times)8.00x24.74x
Employee (times)
Other (times)
Total (times)12.30x16.86x

Compare with others

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Muthoot Microfin IPO Vs RBZ Jewellers IPO