Manoj Vaibhav Gems 'N' Jewellers IPO vs Plaza Wires IPO

Comparison between Manoj Vaibhav Gems 'N' Jewellers IPO and Plaza Wires IPO.

IPO Details

Manoj Vaibhav Gems 'N' Jewellers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Plaza Wires IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Manoj Vaibhav Gems 'N' Jewellers IPO is up to ₹270.20 Cr whereas the issue size of the Plaza Wires IPO is up to ₹71.28 Cr. The final issue price of Manoj Vaibhav Gems 'N' Jewellers IPO is ₹215.00 per share and of Plaza Wires IPO is ₹54.00 per share.

 Manoj Vaibhav Gems 'N' Jewellers IPOPlaza Wires IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹204.00 per share₹51.00 per share
Issue Price (Upper)₹215.00 per share₹54.00 per share
Issue Price (Final)₹215.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size69 shares277 shares
Fresh Issue Size97,67,441 shares1,32,00,158 shares
Fresh Issue Size (Amount)up to ₹210.00 Crup to ₹71.28 Cr
OFS Issue Size28,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹60.20 Crup to ₹0.00 Cr
Issue Size Total1,25,67,441 shares1,32,00,158 shares
Issue Size Total (Amount)up to ₹270.20 Crup to ₹71.28 Cr

IPO Timetable

Manoj Vaibhav Gems 'N' Jewellers IPO opens on Sep 22, 2023, while Plaza Wires IPO opens on Sep 29, 2023. The closing date of Manoj Vaibhav Gems 'N' Jewellers IPO and Plaza Wires IPO is Sep 26, 2023, and Oct 05, 2023, respectively.

 Manoj Vaibhav Gems 'N' Jewellers IPOPlaza Wires IPO
Anchor Bid DateSep 21, 2023Sep 27, 2023
Issue OpenSep 22, 2023Sep 29, 2023
Issue CloseSep 26, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Sep 27, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Sep 29, 2023Oct 11, 2023
Credit of Share (Tentative)Sep 29, 2023Oct 12, 2023
Listing date (Tentative)Oct 03, 2023Oct 12, 2023
Anchor Lockin End date 1Oct 27, 2023Nov 08, 2023
Anchor Lockin End date 2Dec 26, 2023Jan 07, 2024

Financials & KPIs

Manoj Vaibhav Gems 'N' Jewellers IPO P/E ratio is 11.74, as compared to Plaza Wires IPO P/E ratio of 21.95.

 Manoj Vaibhav Gems 'N' Jewellers IPOPlaza Wires IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets1,082.821,077.86899.53803.10818.62
Total Income510.212,031.301,697.701,443.181,284.30
Profit After Tax19.2471.6043.6820.7424.39
NET Worth363.65344.55272.86228.99208.08
Reserves and Surplus324.57305.47263.09219.22198.31
Total Borrowing460.39460.00477.73463.43419.32
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets112.10104.1799.28
Total Income182.60176.94145.60
Profit After Tax7.515.954.24
NET Worth53.0845.5239.48
Reserves and Surplus22.5314.9635.66
Total Borrowing39.6840.0943.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)74.2769.83
P/E Ratio11.7421.95
Market Cap₹1050.22 Cr.₹236.26 Cr.
ROE23.19%14.15%
ROCE17.71%15.57%
Debt/Equity1.340.75
EPS₹18.32₹2.46
RoNW20.78%14.16%

Shares Offered

In the Manoj Vaibhav Gems 'N' Jewellers IPO Retail Individual Investors (RII) are offered 43,98,605 shares while in Plaza Wires IPO retail investors are offered 43,98,605 shares. Qualified Institutional Buyers (QIB) are offered 25,13,559 shares in Manoj Vaibhav Gems 'N' Jewellers IPO and 61,96,213 shares in Plaza Wires IPO.

 Manoj Vaibhav Gems 'N' Jewellers IPOPlaza Wires IPO
Anchor Investor Reservation37,70,160 shares37,04,044 shares
Market Maker Reservation
QIB25,13,559 shares61,96,213 shares
NII18,85,117 shares19,79,996 shares
RII43,98,605 shares13,19,905 shares
Employee
Others
Total1,25,67,441 shares1,32,00,158 shares

Bids Received (Subscription)

Manoj Vaibhav Gems 'N' Jewellers IPO subscribed 2.33x in total, whereas Plaza Wires IPO subscribed 160.97x.

 Manoj Vaibhav Gems 'N' Jewellers IPOPlaza Wires IPO
QIB (times)1.08x42.84x
NII (times)5.40x388.09x
Big NII (times)6.35x360.92x
Small NII (times)3.49x442.42x
RII (times)1.73x374.81x
Employee (times)
Other (times)
Total (times)2.33x160.97x

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Manoj Vaibhav Gems 'N' Jewellers IPO Vs Plaza Wires IPO