Eighty Jewellers IPO vs Sunrise Efficient Marketing IPO

Comparison between Eighty Jewellers IPO and Sunrise Efficient Marketing IPO.

IPO Details

Eighty Jewellers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sunrise Efficient Marketing 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 Sunrise Efficient Marketing IPO is up to ₹15.75 Cr. The final issue price of Eighty Jewellers IPO is ₹41.00 per share and of Sunrise Efficient Marketing IPO is ₹121.00 per share.

 Eighty Jewellers IPOSunrise Efficient Marketing IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹41.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1000 shares
Fresh Issue Size25,62,000 shares13,02,000 shares
Fresh Issue Size (Amount)up to ₹10.50 Crup to ₹15.75 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,62,000 shares13,02,000 shares
Issue Size Total (Amount)up to ₹10.50 Crup to ₹15.75 Cr

IPO Timetable

Eighty Jewellers IPO opens on Mar 31, 2022, while Sunrise Efficient Marketing IPO opens on Mar 30, 2022. The closing date of Eighty Jewellers IPO and Sunrise Efficient Marketing IPO is Apr 05, 2022, and Apr 05, 2022, respectively.

 Eighty Jewellers IPOSunrise Efficient Marketing IPO
Issue OpenMar 31, 2022Mar 30, 2022
Issue CloseApr 05, 2022Apr 05, 2022
Basis Of Allotment (Tentative)Apr 08, 2022Apr 08, 2022
Initiation of Refunds (Tentative)Apr 11, 2022Apr 11, 2022
Credit of Share (Tentative)Apr 12, 2022Apr 12, 2022
Listing date (Tentative)Apr 13, 2022Apr 12, 2022

Financials & KPIs

Eighty Jewellers IPO P/E ratio is 25.15, as compared to Sunrise Efficient Marketing IPO P/E ratio of 9.7.

 Eighty Jewellers IPOSunrise Efficient Marketing 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 Ended30 Sep 202131 Mar 2021
Assets22.7916.51
Total Income30.0726.19
Profit After Tax3.120.18
EBITDA4.550.58
NET Worth4.311.18
Reserves and Surplus3.310.18
Total Borrowing9.986.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.99%
Promoter Shareholding (Post-Issue)73.53%72.4%
P/E Ratio25.159.7
Market Cap₹41.82 Cr.₹60.50 Cr.
ROE40.58
ROCE51.43
Debt/Equity1.33
EPS₹5.03₹2.10
RoNW40.5815.52

Shares Offered

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

 Eighty Jewellers IPOSunrise Efficient Marketing IPO
Market Maker Reservation1,38,000 shares78,000 shares
NII12,81,000 shares6,51,000 shares
RII12,81,000 shares6,51,000 shares
Total25,62,000 shares13,02,000 shares

Bids Received (Subscription)

Eighty Jewellers IPO subscribed 2.45x in total, whereas Sunrise Efficient Marketing IPO subscribed 1.46x.

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Eighty Jewellers IPO Vs Sunrise Efficient Marketing IPO