Khazanchi Jewellers IPO vs Srivari Spices IPO

Comparison between Khazanchi Jewellers IPO and Srivari Spices IPO.

IPO Details

Khazanchi Jewellers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Srivari Spices IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Khazanchi Jewellers IPO is up to ₹91.90 Cr whereas the issue size of the Srivari Spices IPO is up to ₹8.54 Cr. The final issue price of Khazanchi Jewellers IPO is ₹140.00 per share and of Srivari Spices IPO is ₹42.00 per share.

 Khazanchi Jewellers IPOSrivari Spices IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹40.00 per share
Issue Price (Upper)₹42.00 per share
Issue Price (Final)₹140.00 per share₹42.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares3000 shares
Fresh Issue Size65,64,000 shares20,34,000 shares
Fresh Issue Size (Amount)up to ₹91.90 Crup to ₹8.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total65,64,000 shares20,34,000 shares
Issue Size Total (Amount)up to ₹91.90 Crup to ₹8.54 Cr

IPO Timetable

Khazanchi Jewellers IPO opens on Jul 24, 2023, while Srivari Spices IPO opens on Aug 07, 2023. The closing date of Khazanchi Jewellers IPO and Srivari Spices IPO is Jul 28, 2023, and Aug 09, 2023, respectively.

 Khazanchi Jewellers IPOSrivari Spices IPO
Anchor Bid DateAug 04, 2023
Issue OpenJul 24, 2023Aug 07, 2023
Issue CloseJul 28, 2023Aug 09, 2023
Basis Of Allotment (Tentative)Aug 02, 2023Aug 14, 2023
Initiation of Refunds (Tentative)Aug 03, 2023Aug 16, 2023
Credit of Share (Tentative)Aug 04, 2023Aug 17, 2023
Listing date (Tentative)Aug 07, 2023Aug 18, 2023
Anchor Lockin End date 1Sep 13, 2023
Anchor Lockin End date 2Nov 12, 2023

Financials & KPIs

Khazanchi Jewellers IPO P/E ratio is 45.75, as compared to Srivari Spices IPO P/E ratio of 9.59.

 Khazanchi Jewellers IPOSrivari Spices IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets145.07124.36113.20103.80
Total Income481.82258.00382.43361.65
Profit After Tax7.563.272.762.31
NET Worth36.0528.7225.4522.69
Reserves and Surplus26.1218.7815.5212.76
Total Borrowing84.6284.1274.8077.86
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets25.6810.686.272.36
Total Income35.8217.6411.400.19
Profit After Tax3.130.730.35-0.11
NET Worth9.105.004.271.78
Reserves and Surplus4.100.970.25-0.11
Total Borrowing12.842.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.90
Promoter Shareholding (Post-Issue)
P/E Ratio45.759.59
Market Cap₹346.46 Cr.₹30.00 Cr.
ROE20.9844.35
ROCE18.9123.65
Debt/Equity1.451.41
EPS₹7.62₹4.45
RoNW20.9824.79

Shares Offered

In the Khazanchi Jewellers IPO Retail Individual Investors (RII) are offered 32,82,000 shares while in Srivari Spices IPO retail investors are offered 32,82,000 shares. Qualified Institutional Buyers (QIB) are offered in Khazanchi Jewellers IPO and 4,08,000 shares in Srivari Spices IPO.

 Khazanchi Jewellers IPOSrivari Spices IPO
Anchor Investor Reservation6,06,000 shares
Market Maker Reservation3,46,000 shares1,08,000 shares
QIB4,08,000 shares
NII32,82,000 shares3,06,000 shares
RII32,82,000 shares7,14,000 shares
Employee
Others
Total65,64,000 shares20,34,000 shares

Bids Received (Subscription)

Khazanchi Jewellers IPO subscribed 1.26x in total, whereas Srivari Spices IPO subscribed 450.03x.

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Khazanchi Jewellers IPO Vs Srivari Spices IPO