Eighty Jewellers IPO vs Nanavati Ventures IPO

Comparison between Eighty Jewellers IPO and Nanavati Ventures IPO.

IPO Details

Eighty Jewellers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nanavati Ventures IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Eighty Jewellers IPO is up to ₹10.50 Cr whereas the issue size of the Nanavati Ventures IPO is up to ₹2.07 Cr. The final issue price of Eighty Jewellers IPO is ₹41.00 per share and of Nanavati Ventures IPO is ₹50.00 per share.

 Eighty Jewellers IPONanavati Ventures IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹41.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size25,62,000 shares4,14,000 shares
Fresh Issue Size (Amount)up to ₹10.50 Crup to ₹2.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,62,000 shares4,14,000 shares
Issue Size Total (Amount)up to ₹10.50 Crup to ₹2.07 Cr

IPO Timetable

Eighty Jewellers IPO opens on Mar 31, 2022, while Nanavati Ventures IPO opens on Apr 25, 2022. The closing date of Eighty Jewellers IPO and Nanavati Ventures IPO is Apr 05, 2022, and Apr 27, 2022, respectively.

 Eighty Jewellers IPONanavati Ventures IPO
Issue OpenMar 31, 2022Apr 25, 2022
Issue CloseApr 05, 2022Apr 27, 2022
Basis Of Allotment (Tentative)Apr 08, 2022May 02, 2022
Initiation of Refunds (Tentative)Apr 11, 2022May 04, 2022
Credit of Share (Tentative)Apr 12, 2022May 05, 2022
Listing date (Tentative)Apr 13, 2022May 06, 2022

Financials & KPIs

Eighty Jewellers IPO P/E ratio is 25.15, as compared to Nanavati Ventures IPO P/E ratio of 61.73.

 Eighty Jewellers IPONanavati Ventures IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets33.9931.9731.7527.46
Total Income44.3678.6964.9181.92
Profit After Tax0.833.771.551.00
EBITDA1.506.213.552.80
NET Worth10.129.295.523.97
Reserves and Surplus2.628.454.693.13
Total Borrowing13.1712.3515.6512.17
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets14.186.642.871.87
Total Income10.5011.325.950.56
Profit After Tax0.100.120.050.00
NET Worth6.276.170.05-0.00
Reserves and Surplus5.064.960.04-0.01
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%71%
Promoter Shareholding (Post-Issue)73.53%52.19%
P/E Ratio25.1561.73
Market Cap₹41.82 Cr.₹8.23 Cr.
ROE40.58
ROCE51.43
Debt/Equity1.33
EPS₹5.03₹99.67
RoNW40.581.94

Shares Offered

In the Eighty Jewellers IPO Retail Individual Investors (RII) are offered 12,81,000 shares while in Nanavati Ventures IPO retail investors are offered 12,81,000 shares. Qualified Institutional Buyers (QIB) are offered in Eighty Jewellers IPO and in Nanavati Ventures IPO.

 Eighty Jewellers IPONanavati Ventures IPO
Market Maker Reservation1,38,000 shares24,000 shares
NII12,81,000 shares2,06,000 shares
RII12,81,000 shares2,06,000 shares
Total25,62,000 shares4,12,000 shares

Bids Received (Subscription)

Eighty Jewellers IPO subscribed 2.45x in total, whereas Nanavati Ventures IPO subscribed 32.52x.

 Eighty Jewellers IPONanavati Ventures IPO
NII (times)2.88x13.86x
RII (times)2.03x51.17x
Total (times)2.45x32.52x

Compare with others

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Eighty Jewellers IPO Vs Nanavati Ventures IPO