Comparison between Manba Finance IPO and P N Gadgil Jewellers IPO.
Manba Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while P N Gadgil Jewellers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Manba Finance IPO is up to ₹150.84 Cr whereas the issue size of the P N Gadgil Jewellers IPO is up to ₹1,100.00 Cr. The final issue price of Manba Finance IPO is ₹120.00 per share and of P N Gadgil Jewellers IPO is ₹480.00 per share.
| Manba Finance IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹456.00 per share |
| Issue Price (Upper) | ₹120.00 per share | ₹480.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹480.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 125 shares | 31 shares |
| Fresh Issue Size | 1,25,70,000 shares | 1,77,08,333 shares |
| Fresh Issue Size (Amount) | up to ₹150.84 Cr | up to ₹850.00 Cr |
| OFS Issue Size | 0 shares | 52,08,333 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹250.00 Cr |
| Issue Size Total | 1,25,70,000 shares | 2,29,16,666 shares |
| Issue Size Total (Amount) | up to ₹150.84 Cr | up to ₹1,100.00 Cr |
Manba Finance IPO opens on Sep 23, 2024, while P N Gadgil Jewellers IPO opens on Sep 10, 2024. The closing date of Manba Finance IPO and P N Gadgil Jewellers IPO is Sep 25, 2024, and Sep 12, 2024, respectively.
| Manba Finance IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 20, 2024 | Sep 09, 2024 |
| Issue Open | Sep 23, 2024 | Sep 10, 2024 |
| Issue Close | Sep 25, 2024 | Sep 12, 2024 |
| Basis Of Allotment (Tentative) | Sep 26, 2024 | Sep 13, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Sep 16, 2024 |
| Credit of Share (Tentative) | Sep 27, 2024 | Sep 16, 2024 |
| Listing date (Tentative) | Sep 30, 2024 | Sep 17, 2024 |
| Anchor Lockin End date 1 | Oct 26, 2024 | Oct 13, 2024 |
| Anchor Lockin End date 2 | Dec 25, 2024 | Dec 12, 2024 |
Manba Finance IPO P/E ratio is 14.39, as compared to P N Gadgil Jewellers IPO P/E ratio of 36.7.
| Manba Finance IPO | P N Gadgil Jewellers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.98 | 83.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.39 | 36.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹602.87 Cr. | ₹6514.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.36% | 28.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.39% | 27.31% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.75 | 0.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.34 | ₹13.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.66% | 28.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Manba Finance IPO Retail Individual Investors (RII) are offered 43,99,500 shares while in P N Gadgil Jewellers IPO retail investors are offered 43,99,500 shares. Qualified Institutional Buyers (QIB) are offered 25,14,000 shares in Manba Finance IPO and 45,83,333 shares in P N Gadgil Jewellers IPO.
| Manba Finance IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,71,000 shares | 68,74,999 shares |
| Market Maker Reservation | ||
| QIB | 25,14,000 shares | 45,83,333 shares |
| NII | 18,85,500 shares | 34,37,500 shares |
| RII | 43,99,500 shares | 80,20,834 shares |
| Employee | ||
| Others | ||
| Total | 1,25,70,000 shares | 2,29,16,666 shares |
Manba Finance IPO subscribed 224.05x in total, whereas P N Gadgil Jewellers IPO subscribed 59.41x.
| Manba Finance IPO | P N Gadgil Jewellers IPO | |
|---|---|---|
| QIB (times) | 148.55x | 136.85x |
| NII (times) | 511.62x | 56.08x |
| Big NII (times) | 546.56x | 59.11x |
| Small NII (times) | 441.73x | 50.03x |
| RII (times) | 143.95x | 16.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 224.05x | 59.41x |
