Comparison between Muthoot Microfin IPO and RBZ Jewellers IPO.
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.
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 IPO | RBZ 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 Size | 51 shares | 150 shares |
| Fresh Issue Size | 2,61,34,205 shares | 1,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹760.11 Cr | up to ₹100.00 Cr |
| OFS Issue Size | 68,72,849 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹199.89 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,30,07,054 shares | 1,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹960.00 Cr | up to ₹100.00 Cr |
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 IPO | RBZ Jewellers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 15, 2023 | Dec 18, 2023 |
| Issue Open | Dec 18, 2023 | Dec 19, 2023 |
| Issue Close | Dec 20, 2023 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Dec 21, 2023 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Dec 22, 2023 | Dec 26, 2023 |
| Credit of Share (Tentative) | Dec 22, 2023 | Dec 26, 2023 |
| Listing date (Tentative) | Dec 26, 2023 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jan 20, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Mar 20, 2024 | Mar 21, 2024 |
Muthoot Microfin IPO P/E ratio is 24.96, as compared to RBZ Jewellers IPO P/E ratio of 13.77.
| Muthoot Microfin IPO | RBZ Jewellers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 69.08 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.47 | 75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.96 | 13.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4960.82 Cr. | ₹400.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 11.06% | 27.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.99 | 1.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.98 | ₹7.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.08% | 20.08% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | RBZ Jewellers IPO | |
|---|---|---|
| Anchor Investor Reservation | 97,93,812 shares | 21,00,000 shares |
| Market Maker Reservation | ||
| QIB | 65,29,209 shares | 14,00,000 shares |
| NII | 48,96,907 shares | 30,00,000 shares |
| RII | 1,14,26,116 shares | 35,00,000 shares |
| Employee | 3,61,010 shares | |
| Others | ||
| Total | 3,30,07,054 shares | 1,00,00,000 shares |
Muthoot Microfin IPO subscribed 12.30x in total, whereas RBZ Jewellers IPO subscribed 16.86x.
| Muthoot Microfin IPO | RBZ Jewellers IPO | |
|---|---|---|
| QIB (times) | 18.35x | 13.43x |
| NII (times) | 13.87x | 9.27x |
| Big NII (times) | 12.96x | 6.79x |
| Small NII (times) | 15.69x | 14.21x |
| RII (times) | 8.00x | 24.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 12.30x | 16.86x |